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From left, attorney Antonio Ramírez, representing the Puerto Rico International Insurers Association, and Insurance Commissioner Suzette Del Valle-Lecároz testify during a public hearing at the Capitol in San Juan on House Bill 428, which seeks to strengthen oversight of Puerto Rico’s international insurance industry.
Featured, Government
Puerto Rico moves to tighten oversight of insurance sector
NIMB Staff October 27, 2025

Bill 428 aims to align the island’s international insurers with U.S. regulatory standards and safeguard NAIC accreditation. #NewsismyBusiness

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Arecibo C3 seeks to develop science, technology, engineering, arts and mathematics (STEAM) talent from an early age at the former Arecibo Observatory site in Puerto Rico.
Education, Featured
Arecibo Observatory enters new era as STEM education hub
NIMB Staff October 27, 2025

The NSF-funded AC3 project will transform the landmark into a dynamic center for science education, computational training and community engagement. #NewsismyBusiness

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Fajardo shows strong boating activity, with more than 100 listings offering a mix of vessels, including center consoles, sport boats, yachts, snorkeling trips and day charters.
In-Brief
Fajardo, San Juan, Punta Cana shine as boating hotspots
NIMB Staff October 27, 2025

Puerto Rico and the Dominican Republic rank among Latin America’s top boating destinations, reflecting the Caribbean’s growing appeal for nautical tourism. #NewsismyBusiness

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The St. Regis Bahía Beach Resort in Río Grande is the first hotel in Puerto Rico to receive a One Michelin Key.
In-Brief
St. Regis Bahía earns Michelin honor, turns new page
NIMB Staff October 27, 2025

Paulson Puerto Rico celebrates the island’s first One Michelin Key as the resort transitions to Four Seasons Puerto Rico in 2025. #NewsismyBusiness

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FirstBank’s headquarters in San Juan, Puerto Rico
Banking, Featured
First BanCorp posts $100.5M profit, record loan growth
NIMB Staff October 24, 2025

Puerto Rico bank surpasses $13B loan portfolio, boosts capital returns and share buybacks amid steady market conditions. #NewsismyBusiness

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Banco Popular’s headquarters in Hato Rey, San Juan.
Banking, Featured
Popular earns $211M, sees growth in auto leasing, loans
NIMB Staff October 24, 2025

Popular grows earnings and loans in Puerto Rico, ready to assist federal workers if needed. #NewsismyBusiness

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From left: Luis B. Méndez del Nido, general counsel of the Puerto Rico Department of Economic Development and Commerce’s Office of Legal Counsel and Legislative Affairs; agency Secretary Sebastián Negrón; and Ernesto J. Zayas-García, director of the department’s Business Incentives Office, during a press briefing on Act 60 oversight measures in San Juan.
Government, In-Brief
DDEC steps up audits, enforcement of tax incentives
NIMB Staff October 24, 2025

The agency has audited nearly 1,800 decrees in 2025, tightened background checks, and expanded penalties to ensure compliance with Act 60. #NewsismyBusiness

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The new Liberty Puerto Rico router with Smart Wi-Fi technology is now available for new home internet customers. (Credit: Liberty Puerto Rico)
In-Brief
Liberty launches 30-day network guarantee, Smart Wi-Fi
NIMB Staff October 24, 2025

New customers can try Liberty’s upgraded internet service with built-in Smart Wi-Fi and a satisfaction refund promise. #NewsismyBusiness

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Javier J. Hernández-Acosta, dean of the School of Arts, Design and Creative Industries at Sacred Heart University in San Juan, speaks during the launch of La Cepa, a business growth program for creative industries. (Credit: Universidad del Sagrado Corazón)
In-Brief
Sacred Heart Univ. opens ‘La Cepa’ call for creative businesses
NIMB Staff October 24, 2025

Program offers mentorship, training and as much as $10,000 in seed capital to help grow Puerto Rico’s creative industries. #NewsismyBusiness

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Halloween candy sales rose sharply during October in Puerto Rico, according to NielsenIQ.
Featured, Retail
Nielsen: Puerto Rico candy sales rise despite cautious spending
NIMB Staff October 23, 2025

Halloween drove an October spike in chocolate and hard candy. #NewsismyBusiness

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Oriental CEO José Rafael Fernández
Banking, Featured
OFG Bancorp posts solid Q3 gains, boosts AI strategy
NIMB Staff October 23, 2025

Oriental Bank parent reports higher revenue, stable credit quality and plans expansion of AI tools for business clients. #NewsismyBusiness

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The Cambalache Power Plant in Arecibo, where Genera PR will install a 52-megawatt battery energy storage system to strengthen Puerto Rico’s electric grid.
Featured, Government
Genera PR starts 52 MW battery project in Puerto Rico
NIMB Staff October 23, 2025

$109.5M Arecibo system will use Tesla Megapacks. #NewsismyBusiness

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From left: Grace Martínez and Alex García-González, founder of Flatbelgel and El Colmadito de En La Madre, hand over a dish to a customer at 129 Gastropark in Arecibo, Puerto Rico, during the restaurants’ opening weekend.
Lifestyle
Chef Gonxxalex opens Flatbelgel, El Colmadito ventures
NIMB Staff October 23, 2025

Influencer Alex García-González expands En La Madre brand with first flatbread burger restaurant and retail shop in Arecibo. #NewsismyBusiness

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Carlos A. Calancha-Figueras, founder of Calancha Consulting Group in Puerto Rico.
In-Brief
Calancha Consulting Group launches in Puerto Rico
NIMB Staff October 23, 2025

New firm led by former WPP executive targets U.S. Hispanic, Caribbean and Latin American markets with agile, digital-first strategies. #NewsismyBusiness

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QUOTE OF THE WEEK:

“These batteries will allow us to respond more efficiently to demand fluctuations, reduce our dependence on fossil fuels and support the integration of new generation technologies. This translates into greater stability and fewer outages for our communities.”

 

— Iván Báez, vice president of public and government affairs, Genera PR

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