AAFAF details $2.2B CARES Act impact in Puerto Rico
January 30, 2024
Funds disbursed to the island under ARPA/CSFRF exceed $1.5 billion. #NewsIsMyBusiness
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$12.2M luxury condo sold in Dorado, setting new real estate record
January 30, 2024
The Colectivo Group sets the pace for the local luxury real estate market with another record sale in Dorado. #NewsismyBusiness
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Short-term rental properties up 38% Y-O-Y in Puerto Rico to 25K
January 30, 2024
Puerto Rico’s visitors’ economy generated $1.6 billion last year. #NewsismyBusiness
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HackLab Academy offers educational experience on Saturdays
January 30, 2024
HackLab Academy is an in-person 15-week program. #NewsismyBusiness
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Broadband subsidies could end in April for 360K households in Puerto Rico
January 29, 2024
When ACP funds run out, households participating in the program will no longer receive the monthly discounts. #NewsismyBusiness
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Citi Foundation announces 2024 Global Innovation Challenge
January 29, 2024
The funding aims to strengthen nonprofits pioneering solutions to homelessness. #NewsismyBusiness
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Lemonade Day opens registration period for 6th edition
January 29, 2024
Parents, teachers or mentors can now register participants between the ages of 6 to 12 free of charge. #NewsismyBusiness
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Popular Inc. reports $541M in net income in 2023, $94.6M in 4Q
January 26, 2024
Popular Inc. CEO Ignacio Álvarez confirmed that the Apple Pay service will finally become available in Puerto Rico this year. #NewsismyBusiness
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FEMA approves construction funds for 17 Early Warning systems
January 26, 2024
FEMA approved more than $41.3 million for the construction phase of the Early Warning System for 17 dams in 12 Puerto Rico municipalities. #NewsismyBusiness
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CBP seizes $700K worth of counterfeit luxury jewelry in Puerto Rico
January 26, 2024
In the 2023 federal fiscal year, the San Juan Field Office executed 1,313 seizures with a combined MSRP of nearly $21 million. #NewsismyBusiness
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Cooperativa de Seguros Múltiples donates $50K to 5 co-ops
January 26, 2024
With these donations, the company seeks to support small businesses and nonprofits that play a vital role in the local economy. #NewsismyBusiness
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OFG Bancorp reports core revenue of $682.7M in 2023, $175.6M in 4Q
January 25, 2024
Oriental reported a $1.2 billion public funds deposit in mid-December, although the name of the agency involved remains undisclosed due to regulatory restrictions. #NewsismyBusiness
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First BanCorp. reports $305.M net income for 2023, $79.5M for 4Q
January 25, 2024
In 2023, First BanCorp. returned approximately $300 million, or close to 100%, of 2023 earnings, to shareholders through $200 million in stock repurchases and the payment of $100 million in common stock dividends. #NewsismyBusiness
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SME Puerto Rico encourages brands to compete for 2024 SME Digital Awards
January 25, 2024
Deadline to submit digital campaigns or projects is March 8. #NewsismyBusiness
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Puerto Rico Hospital Supply unveils $6.4M expansion in Río Grande
January 24, 2024
The DDEC allocated $3 million, or 45% of Puerto Rico Hospital Supply’s total investment, through its Special Fund for Economic Development. #NewsismyBusiness
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