Quebradillas Mayor Bets on Municipal Enterprises Amid Shrinking Budget
Quebradillas Mayor Heriberto Vélez Vélez says the municipality has achieved savings and launched income-generating initiatives to keep basic services running.
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Puerto Rico Business News
Sep 29 – Oct 1 · page 19
Stories, page 19
Industrial Activity Decreases
The Purchasing Managers' Index (PMI) for Puerto Rico's manufacturing sector decreased to 52.9 in August, according to data from the Institute of Statistics.
Nobu to Open 50-Room Hotel in San Juan
Nobu, a luxury hospitality brand, will open its first hotel in Puerto Rico, the Nobu Hotel and Restaurant San Juan, with 50 rooms, in…
New Electricity Rate Arrives in Puerto Rico, As Warned by IEEFA
Tom Sanzillo, former director of Financial Analysis at the Institute for Energy Economics and Financial Analysis (IEEFA), stated in 2022 that Puerto Rico faced…
Truckers to Protest High Diesel Costs on San Juan Highways
Truckers plan a demonstration in the early hours of Thursday on some of the main roads in the San Juan area to voice their…
Puerto Rico Credit Unions Receive $9.8 Million in Federal Funding
The U.S. Department of the Treasury has approved approximately $9.8 million in federal funds for 17 credit unions in Puerto Rico through the Community…
Farmacias Caridad Opens New Store at Plaza Las Américas
Farmacias Caridad has opened a new store at Plaza Las Américas, as part of its expansion strategy.
Retailers’ Group to Present Legislative Measures to Lower Cost of Doing Business in Puerto Rico
The Centro Unido de Detallistas (CUD) is preparing to present a package of legislative measures aimed at changing the regulatory environment and lowering the…
Governor Lays Cornerstone for $2.58M Yauco Market Plaza Parking Remodel
Governor Jenniffer González Colón laid the cornerstone for the remodeling of the parking lot at the Plaza del Mercado in Yauco, a project with…
Caribbean AI Summit to Bring International AI Experts to San Juan
San Juan will host the Caribbean AI Summit on October 9 and 10 at the Puerto Rico Convention Center, gathering experts, researchers and company…
Autocare Continues to Invest in Growth Despite External Challenges
Despite external challenges, including water and power service outages, Autocare, a car wash services company, continues to invest in growth with new establishment openings…
Nobu to Open Luxury Hotel in Puerto Rico
Luxury hotel chain Nobu will open a new hotel in Puerto Rico within the next two years.
Puerto Rico Retail Sales Reach $4.41 Billion in July, Up 1.1%
Retail sales in Puerto Rico reached $4.41 billion in July 2026, a 1.1% increase over the same month the prior year, according to the…
Banco Cooperativo Hosts Forum on Future of Puerto Rico’s Cooperative Movement
The Banco Cooperativo Executive Forum brought together over 160 leaders from Puerto Rico's cooperative sector to discuss the future of the island's cooperative movement.
PR Chamber of Commerce Convenes Tourism Leaders to Set Sector Priorities
The Puerto Rico Chamber of Commerce brought together more than 50 representatives from across the tourism industry this weekend at VIVO Beach Club in…