Industry Insight: There’s still hope for Puerto Rico — Communities are awake and active
March 12, 2024
Since 2015, the exponential growth of STRs has significantly altered the transient lodging market in Puerto Rico. #NewsismyBusiness
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Wood Mackenzie, Let’s Share the Sun donate solar PV system to women’s shelter
March 12, 2024
The fully installed 25 kW-DC system will provide a “significant portion” of the shelter’s power needs. #NewsismyBusiness
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AM Best upgrades credit ratings of Triple-S Propiedad
March 12, 2024
The outlook assigned to these credit ratings is stable. #NewsismyBusiness
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US Dept. of Commece grants $183K to promote Puerto Rico’s rural businesses
March 11, 2024
The program will offer services including access to capital, training, and identification of opportunities. #NewsismyBusiness
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Kueros Island Bar & Kitchen restaurant opens in Old San Juan
March 11, 2024
The restaurant provides a unique dining experience, complemented by stunning views of San Juan Bay. #NewsismyBusiness
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Local AI, tech experts to convene at E-Business Day 2024
March 11, 2024
The event has the endorsement of the Electronic Commerce Association and the Puerto Rico IT Cluster. #NewsismyBusiness
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Boys & Girls Club, College Board LATAM partner to promote academic success
March 11, 2024
Through the partnership, students participating in the Boys & Girls Club can take the College Board LATAM tests, among other benefits. #NewsismyBusiness
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La Maraña calls for ideas for Participatory Design Laboratory 2024
March 11, 2024
Two to three grantees will be selected with a fund of up to $60,000. #NewsismyBusiness
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La Boulangerie, Híjole restaurants file for Ch. 11 bankruptcy
March 8, 2024
Chapter 11 generally provides for reorganization, usually involving a corporation or partnership. #NewsismyBusiness
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Passenger traffic at Luis Muñoz Marín Airport jumps 12.6% Y-O-Y in February
March 8, 2024
A total of 984,244 passengers used Puerto Rico’s main air hub last month. #NewsismyBusiness
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Evertec to repurchase $70M of its common stock
March 7, 2024
During the last quarter of 2023, Evertec repurchased 344,715 shares of its common stock at an average price of $36.82 for a total of $12.5 million. #NewsismyBusiness
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Centro Casas to auction 70+ properties in Puerto Rico
March 7, 2024
The auction will take place at the Aloft San Juan Hotel on March 15. #NewsismyBusiness
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Gov’t prepares to offer subsidy on telecom equipment when broadband incentive ends
March 6, 2024
Puerto Rico seeks alternatives as broadband subsidy end looms. Also, the island’s digital equity plan has been approved. #NewsismyBusiness
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Gov’t Gaming Commission submits slot machine regulations to legislature
March 6, 2024
The interim executive director of the regulatory body asks the legislative bodies to review the regulation quickly. #NewsismyBusiness
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Puerto Rico’s bankruptcy filings up a whopping 43% in February
March 5, 2024
A report prepared by local firm Boletín de Puerto Rico shows that 455 cases were filed in February. #NewsismyBusiness
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