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Puerto Rico’s $52.9 billion public debt as of June 30, 2022, included $32.5 billion in primary government debt and $20.4 billion from component units, led by the Puerto Rico Electric Power Authority. (Source: GAO-25-107560)

GAO finds $1.9B Puerto Rico surplus, warns of unresolved PREPA debt

While Puerto Rico strengthens its financial position, pending electric utility restructuring and population loss remain key threats to long-term stability. #NewsismyBusiness

431 Views

The site was originally approved for a 192-unit development called Playa Bahía. (Credit: Christiansen Commercial)

Loíza beachfront site with 60 apartments listed for $3.5M redevelopment

Cooking with my Doctor products are now available at El Market stores inside Luis Muñoz Marín International Airport

Cooking with my Doctor lands airport deal, expands to US Walmart stores

IN BRIEF

From left: Natalie Claudio of Jóvenes de Puerto Rico en Riesgo; Maritza Abadía, president of Banesco USA Puerto Rico; Raquel Skerett of Vitrina Solidaria; and Giovanna Piovanetti of Corporación para el Financiamiento Empresarial de los Comerciantes y de las Comunidades

Banesco USA grants $22K to nonprofits aiding vulnerable communities

NIMB Staff July 1, 2025

Students at the University of Puerto Rico, Mayagüez Campus, are building and testing lightweight drone attachments for real-world environmental monitoring applications.

LIFT taps Puerto Rico engineering students for defense drone initiative

NIMB Staff July 1, 2025

As part of the agreement, Electricoop and Genera PR have carried out maintenance, repairs and testing of key relays and transformers at the Palo Seco, Aguirre and Aguirre combined cycle power plants.

Genera PR partners with Electricoop to boost grid reliability, local jobs

NIMB Staff July 1, 2025

Alexandra Fernández-Navarro (center), board member of FirstNet, provides details about the new operation in Puerto Rico.

FirstNet opens first Spanish-language call center in Aguadilla

NIMB Staff June 30, 2025

RETAIL

Cooking with my Doctor products are now available at El Market stores inside Luis Muñoz Marín International Airport

Cooking with my Doctor lands airport deal, expands to US Walmart stores

The company unveiled three new additions to its “Pónselo a” seasoning line at the 2025 MIDA Conference and Food Show. #NewsismyBusiness

359 Views

BANKING

Popular Risk launches Medicare Advantage pilot at Banco Popular branches

TELECOM/TECH

Experts warn of AI-driven disruption to jobs in Puerto Rico

TOURISM

The Royal Sonesta San Juan in Isla Verde. (Credit: Magui Yeraldín Díaz/Google)

Royal Sonesta posts double-digit growth driven by service, location

General Manager Raúl Bustamante highlights three-year performance streak and tourism boost from Bad Bunny concerts. #NewsismyBusiness

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Raúl Bustamante, chairman of the Discover Puerto Rico board. (Credit: Puerto Rico Hotel and Tourism Association Facebook page)

Discover Puerto Rico to name new CEO as it pushes for stable funding

Michelle Kantrow-Vázquez June 27, 2025

Aeromexico to launch direct route from Mexico City to San Juan

Michelle Kantrow-Vázquez June 23, 2025

The Amphibious Caravan will allow landings on beaches, waterfront properties and remote islands without traditional runways.

flyExclusive expands reach to Puerto Rico with amphibious plane service

NIMB Staff June 19, 2025

Silver Airways operated its Caribbean hub out of Luis Muñoz Marín International Airport in San Juan before ceasing operations in June 2025.

Silver Airways ceases operations 6 months after declaring bankruptcy

Michelle Kantrow-Vázquez June 12, 2025

BIZ VIDEOS

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Vaca Negra in Hatillo, Puerto Rico expands its operations

A conversation with NY Fed President John C. Williams in Puerto Rico

Levant by Michael White restaurant opening in Puerto Rico

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MEDICINAL CANNABIS

Medical Cannabis Regulatory Board OKs freeze on license fees for doctors

AUTO

Full-size sedans — despite an overall drop in midsize models — showed notable growth, suggesting that buyers are opting for larger, more comfortable vehicles. (Credit: Welcomia | Dreamstime.com)

Puerto Rico’s new car sales reach 10,523 units in April