Moody's Gives Positive Rating to San Juan Municipality
Moody's Investors Service has given a positive rating to the upcoming bond issuance by the San Juan Municipality, also assigning a stable outlook to the municipality's finances. This rating is…
Business
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Puerto Rico Government Retirees to Receive $100 Medication Bonus by July 15
The Puerto Rico Government Retirement Board announced that eligible pensioners and beneficiaries will begin receiving a $100 medication bonus, to be deposited by July 15. Executive director Arnaldo J. Ortiz…
Frontier Airlines to Launch Daily San Juan–Houston Flight in December 2026
Frontier Airlines announced Tuesday it will begin operating a daily flight between Luis Muñoz Marín International Airport (SJU) in San Juan and George Bush Intercontinental Airport (IAH) in Houston, Texas…
Gasoline Prices in Puerto Rico: Updates as of July 14
The Department of Consumer Affairs (DACO) has released an update on gasoline prices in Puerto Rico, amidst fluctuations in fuel costs on the island. As of July 14, the price…
Puerto Rico Outpaces Global Average in AI Adoption, Report Finds
A new white paper from IslaIntel, a Puerto Rico-based AI market intelligence and ecosystem mapping firm, finds that 84% of organizations on the island have deployed artificial intelligence in at…
Puerto Rico Faces Economic Strains Due to Middle East Conflict
The recent escalation of conflict between the United States and Iran has led to economic uncertainty in Puerto Rico and globally, causing a surge in crude oil prices and subsequently…
Stellantis Celebrates 'Puerto Rico Nos Une' with New Jeep, FIAT, and RAM Launches
Stellantis recently celebrated its connection to Puerto Rico with the 'Puerto Rico Nos Une' event, which showcased the company's commitment to the island and its brands, including Chrysler, Dodge, Jeep…
Capex Celebrates 15 Years of Supporting Puerto Rico Businesses
Capex Financial has launched the celebration of its 15th anniversary, marking its trajectory of providing commercial financing solutions to small and midsize businesses in Puerto Rico. Founded in 2008 is…
Finca Explora: An Agro-Entrepreneur Incubator in Isabela
A former biotechnology research center for the agricultural sector in Isabela has been repurposed to serve a different goal. The site, now known as Finca Explora, is an incubator for…
Abelardo de la Espriella's Victory and Its Implications for Puerto Rico's Economy
The recent victory of Colombian politician Abelardo de la Espriella represents an opportunity for Puerto Rico to strengthen commercial ties between Colombia and the United States, according to economist José…
Islandwide and DDEC Launch Automated Package Sorting System in Puerto Rico
The Department of Economic Development and Commerce (DDEC) and logistics company Islandwide announced the launch of an automated package sorting system aimed at speeding up parcel processing and strengthening Puerto…
Gasoline Prices in Puerto Rico: Update for July 11
The Department of Consumer Affairs (DACO) has released an update on gasoline prices in Puerto Rico, amid fluctuations in fuel costs on the island. According to the update, regular gasoline…
Puerto Rico Car Sales Drop 17% in First Half of 2026
Car sales in Puerto Rico fell 17% during the first half of 2026 compared to the same period in 2025, according to the latest report from the Grupo Unido de…
JC Penney Closures in the US Will Not Impact Local Operations
According to various specialized media outlets, department store JC Penney has closed several of its stores in the US and is preparing to close more, partly due to a decline…
Residential Cistern Demand Doubles Amid Water Crisis
The interruptions in the potable water service and concerns over drought have led to an increase in demand for residential cisterns in Puerto Rico. According to companies consulted by El…