Participants at the NEXA Jobs Summit explored how Puerto Rico could take advantage of government and private funds, as well as economic momentum following more than a decade of recession. #NewsismyBusiness
The Federal Reserve Bank of New York announced the 30 participants for the Investment Connection program in Puerto Rico, a program that seeks to enhance investments in community development financing by matching local organizations whose needs qualify for credit under the Community Reinvestment Act (CRA) with banks and other investors. Launched in September 2019, the […]
The New York Fed announced it is launching its “Investment Connection” program to boost investments in regional community development financing. The program’s first phase will begin in Fall 2019 in Puerto Rico, where the New York Fed is working to rebuild the island’s economic resiliency in the aftermath of Hurricane María. The program will help […]
The Puerto Rico Bankers Association and the Federal Reserve Bank of New York will host an awards ceremony for the 10th annual “Puerto Rico Financial Awareness” video contest in San Juan on Jan. 25. The contest seeks to promote knowledge of economics, finance, and business by challenging teams of college students in Puerto Rico to […]
Prior to the extensive damage caused by Hurricanes Irma and María to Puerto Rico last September, the island’s small businesses were already dealing with several challenges, including maintaining liquidity, according to a report released by the Federal Reserve Bank of New York.
A new study released Monday by the Federal Reserve Bank of New York showed that the majority of Puerto Rico’s small businesses both in and outside the San Juan metropolitan area have few employees and annual revenues under $250,000, among other similarities.
While admitting that there isn’t much the Federal Reserve Bank of New York can do to spur economic growth for the island, William Dudley, the head of the regulatory agency, said Tuesday he is “confident that Puerto Rico has started on the road to recovery.”
The Federal Reserve Bank of New York will release findings of the “Puerto Rico Small Business Survey,” a pilot study that focuses on the business performance, financing needs and borrowing experiences of firms across the island.
The Federal Reserve Bank of New York’s “Liberty Street Economics” blog will launch a blog series on Puerto Rico’s economy and factors that may be important for generating sustained growth starting Aug. 8, the agency announced Wednesday.
The Puerto Rico Bankers Association and the New York Federal Reserve Bank announced Thursday the open call for the fifth edition of the “Puerto Rico Financial Awareness Video Contest 2013.”
As part of its ongoing efforts to promote economic vitality throughout the Second District, the Federal Reserve Bank of New York will co-host the “International Trade for Small Businesses Clinic” for small business owners in Puerto Rico on July 10.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA