TSA$10.0B
Caribbean Business

Business

9 articles
Cars on a highway with forested hills beyond.
Business

Puerto Rico Tollroads Completes $383 Million Bond Issue

Banco Popular acts as agent Puerto Rico Tollroads, the operator of the island’s major toll highway concessions under Metropistas, has closed a $382 million bond issuance fully structured and purchased by Puerto Rico’s local banking sector, marking one of the largest locally financed transactions of its kind. The deal, led by Banco Popular as agent, […]

Eva Llorens
person in black long sleeve shirt holding persons hand
Business

SBA launches $1 million Patriot Pitch competition for U.S. entrepreneurs

The U.S. Small Business Administration (SBA) announced the launch of the Patriot Pitch Competition, a national initiative designed to celebrate 250 years of free enterprise in the United States while spotlighting small businesses driving innovation, job creation and economic growth. The competition, part of the Freedom 250 initiative, will award a total of $1 million […]

Francisco Rodríguez-Burns
Autocare expands Bayamón footprint with new Charlie Boy Wash & Lube location
Business

Autocare expands Bayamón footprint with new Charlie Boy Wash & Lube location

Autocare announced the opening of its second Charlie Boy Wash & Lube location in Bayamón as part of the company’s broader expansion strategy across Puerto Rico. The new facility, located at Plaza Río Bayamón along Road 177 in the Los Filtros sector, marks the first of two Charlie Boy locations the company plans to open […]

Francisco Rodríguez-Burns
Onovexa to Establish $36.2 Million Manufacturing Operation in Humacao, Creating More Than 200 Jobs
Business

Onovexa to Establish $36.2 Million Manufacturing Operation in Humacao, Creating More Than 200 Jobs

Puerto Rico continues to strengthen its position as a manufacturing hub with the announcement of a new multimillion-dollar industrial operation in Humacao focused on consumer, medical, and hygiene products. Governor Jenniffer González Colón announced the establishment of Onovexa LLC alongside Department of Economic Development and Commerce Secretary Sebastián Negrón Reichard and Jorge “Tato” González Camp, […]

Francisco Rodríguez-Burns
Amid AI Noise, Bravo Focuses on Fundamentals
Business

Amid AI Noise, Bravo Focuses on Fundamentals

Sees software ecosystem flourishing Orlando Bravo’s initiation as an investor was the dot-com bubble burst of the early 2000s, which wiped out an estimated $5 trillion in stock market value. Sur­viving this trial by fire, to then go on to be­come the first Puerto Rican-born billionaire, has resulted in an optimistic but more tem­perate approach […]

Maria Soledad