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Solar equipment donated by Puerto Rico’s renewable energy sector awaits shipment to Jamaica as part of relief efforts following Hurricane Melissa’s devastation. (Image generated by ChatGPT)
In-Brief
Puerto Rico solar sector aids Jamaica recovery
NIMB Staff November 3, 2025

Local solar companies donate more than $110,000 in equipment to help restore power after Hurricane Melissa. #NewsismyBusiness

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From left: Pedro Toro-Cancio, board vice chair of VAPR Federal Credit Union, and student Yesiel Molina-Ayala share a hug during the scholarship ceremony in San Juan, Puerto Rico.
In-Brief
VAPR FCU marks 75 years with student scholarships
NIMB Staff November 3, 2025

The credit union doubled awards in its “Futuro Brillante” program, investing $20,000 to support Puerto Rican students. #NewsismyBusiness

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Flanked by Puerto Rico mayors, Gov. Jenniffer González announced her decision to veto House Bill 420.
Featured, Government
Veto of Puerto Rico inventory tax bill sparks islandwide debate
NIMB Staff October 31, 2025

Private sector leaders call it a missed opportunity for reform, while mayors and municipal legislators defend the veto as essential to protect town revenues. #NewsismyBusiness

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As Congress remains gridlocked, the political impasse in Washington threatens to disrupt food aid for nearly half of Puerto Rico’s residents, underscoring the island’s heavy reliance on federal funding to meet basic needs. (Credit: Waingro | Dreamstime.com)
Biz Views
Shutdown spotlights Puerto Rico’s federal dependency
NIMB Staff October 31, 2025

As the U.S. shutdown drags on, economist Graham Castillo warns that Puerto Rico’s food aid crisis shows its heavy reliance on federal aid. #NewsismyBusiness

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Airbnb said that, as part of its anti-party measures, it prevented about 38,000 people in the United States and 260 in Puerto Rico from booking entire homes over Halloween weekend last year. (Credit: Nikkytok | Dreamstime.com)
In-Brief
Airbnb activates anti-party tech for Halloween
NIMB Staff October 31, 2025

The platform deploys machine learning to block high-risk bookings across Puerto Rico, warning users not to book for others. #NewsismyBusiness

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From left: Jorge L. Pérez, CEO of Discover Puerto Rico, and Raúl Bustamante, chairman of Discover Puerto Rico, during the 2025 Industry Update event in San Juan, where tourism officials shared results and forecasts for the island’s record-setting visitor growth.
In-Brief
Puerto Rico tourism on pace for record year-end
NIMB Staff October 31, 2025

Discover Puerto Rico unveils new marketing alliances, cruise milestones and events driving 2025 growth. #NewsismyBusiness

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Dora Márquez, marketing director and general manager for Nestlé Professional Solutions in Puerto Rico, during the announcement of the company’s expanded beverage and culinary portfolio on the island.
In-Brief
Nestlé expands food, beverage portfolio in Puerto Rico
NIMB Staff October 31, 2025

The company introduces cold drinks, new culinary brands and partnerships to strengthen its local food service business. #NewsismyBusiness

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The project will transform Lilly del Caribe’s PR01 plant, built in 1968, into an oral solid dose manufacturing facility for orforglipron — Lilly’s first oral GLP-1 receptor agonist — while expanding the PR05 plant dedicated to insulin production.
Featured, Manufacturing
Lilly invests $1.2B to expand Puerto Rico operations
NIMB Staff October 30, 2025

The Carolina campus modernization will create 1,100 jobs boost production capacity, and strengthen the island’s role in U.S. manufacturing. #NewsismyBusiness

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Chantal Benet, of Inteligencia Económica, presents the findings of the 2025 telecommunications industry impact report commissioned by the Puerto Rican Telecommunications Alliance.
Featured, Telecommunications/Technology
Puerto Rico telecom sector tops $3.5B investment
NIMB Staff October 30, 2025

APT study finds industry generates billions in wages, thousands of jobs and remains vital to the island’s economic growth. #NewsismyBusiness

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A Mastercard–Endeavor survey found that Puerto Rican entrepreneurs see community and networking as the island’s top business advantages, followed by proximity to markets and competitive operating costs.
Featured, General Biz News
Study: Puerto Rico startups surge despite capital limits
NIMB Staff October 30, 2025

Mastercard–Endeavor report finds record growth, rising revenues and a maturing innovation ecosystem driven by talent and resilience. #NewsismyBusiness

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Esperanza Para Puerto Rico will distribute food, bottled water, hygiene items, cleaning supplies, and protective gear to families in need.
In-Brief
Esperanza Para Puerto Rico launches relief drive
NIMB Staff October 30, 2025

Grassroots initiative to provide food, hygiene items, and support to more than 100 families in Luquillo this weekend. #NewsismyBusiness

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After Hours Global is a traveling dining group that creates collaborative culinary experiences celebrating local food systems.
In-Brief
After Hours brings global dining to Puerto Rico
NIMB Staff October 30, 2025

The nomadic restaurant expands its collaborative culinary concept to San Juan, Arecibo, Cabo Rojo and Rincón in early 2026. #NewsismyBusiness

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The Volvo XC40 has gained popularity in Puerto Rico for its Scandinavian design, versatility and intuitive technology.
In-Brief
Volvo reintroduces XC40 to Puerto Rico market
NIMB Staff October 30, 2025

The premium compact SUV returns with Scandinavian design, advanced technology and safety features tailored to local demand. #NewsismyBusiness

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The Puerto Rico No Se Vende coalition released “Dolor y lucro: los inversionistas con múltiples exenciones contributivas que empobrecen a Puerto Rico” (“Pain and Profit: Investors with Multiple Tax Exemptions that Impoverish Puerto Rico”), a study examining the impact of the island’s tax incentive system.
Featured, General Biz News
Study: Puerto Rico lost $18B to investor tax incentives
NIMB Staff October 29, 2025

The Puerto Rico No Se Vende coalition warns of deepening inequality as the government expands audits to curb noncompliance under Act 60. #NewsismyBusiness

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At the 2025 Solar Energy and Storage Association Summit in San Juan, Max Issokson, senior research analyst at Wood Mackenzie, presented a study showing that Puerto Rico ranks third in the United States for residential solar and battery storage installations.
Featured, General Biz News
Puerto Rico ranks 3rd in US solar and storage growth
NIMB Staff October 29, 2025

New study highlights island’s rapid renewable expansion as Gov. Jenniffer González pledges to defend net metering and accelerate energy transformation. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Puerto Rican entrepreneurs continue to demonstrate resilience and a willingness to keep investing and generating jobs.”

 

— Margaret Ramírez-Báez, president, Puerto Rico Chamber of Commerce

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