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Nickolaus Cortese, executive vice president of Grand Reserve Puerto Rico, announced the start of construction on Marea Residences, a $100 million oceanfront development in Río Grande.
Featured, General Biz News
Construction begins on $100M Marea Residences project
NIMB Staff October 29, 2025

Luxury development at Grand Reserve Puerto Rico marks new phase of high-end tourism and residential growth in Río Grande. #NewsismyBusiness

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The next edition of “Tu Camino Empresarial Tour” will take place Nov. 6 at the Arecibo Country Club, connecting entrepreneurs and small-business owners from Puerto Rico’s northern region.
In-Brief
Colmena66 takes ‘Tu Camino Empresarial’ Tour to Arecibo
NIMB Staff October 29, 2025

The event connects northern region entrepreneurs with key business resources, training and mentorship opportunities. #NewsismyBusiness

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From left: Enrique Ortiz de Montellano, CEO of Claro Puerto Rico, and Eric Collazo-Solá, executive director of the Asociación de Empleados del Estado Libre Asociado, sign the new service agreement.
In-Brief
Claro, AEELA launch partnership with exclusive discounts
NIMB Staff October 29, 2025

New alliance offers public employees savings on mobile, broadband and bundled connectivity services. #NewsismyBusiness

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Ricardo Benítez-Bajandas, founder of Gain Solutions, will host a business networking event in Madrid to promote trade and investment between Puerto Rico and Spain.
In-Brief
Gain Solutions expands Puerto Rico-Spain business ties
NIMB Staff October 29, 2025

Firm to host high-level event in Madrid to promote investment, collaboration and new opportunities between both markets. #NewsismyBusiness

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In 2024, the Rimas Foundation placed El Vagón, a mobile recording studio, at the Escuela con Causa in Cataño, Puerto Rico, where young people learn music and production as part of the foundation’s community education programs.
Education, Featured
Wendy’s, Rimas Foundation launch youth scholarship drive
NIMB Staff October 28, 2025

The alliance supports educational programs and scholarships for Puerto Rican students through a new islandwide fundraising campaign. #NewsismyBusiness

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Aire by O:live in Carolina, Puerto Rico, is a 78-room boutique hotel located on the site of the former San Juan Water and Beach Club Hotel.
Featured, Tourism/Transportation
Aire by O:live opens in Isla Verde with $30M investment
NIMB Staff October 28, 2025

Backed by $5.7 million in government tax incentives, the new boutique hotel marks another milestone in Puerto Rico’s luxury tourism growth. #NewsismyBusiness

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Leonor García-Guerra, executive director of ColaborativoPR, announced a new partnership with the ECMC Foundation to support first-generation and low-income college students in Puerto Rico.
Featured, Nonprofit organizations
ColaborativoPR secures $450K grant for student success
NIMB Staff October 28, 2025

With ECMC Foundation funding, the nonprofit will build a Community of Practice to expand access and improve outcomes for Puerto Rican college students. #NewsismyBusiness

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Yamil J. García-Díaz, president of the Cooperativa de Seguros Múltiples, announced $50,000 in donations to five community organizations in Puerto Rico.
In-Brief
Seguros Múltiples, FHLBNY fund nonprofits driving local devt
NIMB Staff October 28, 2025

Cooperativa de Seguros Múltiples donates $50,000 to five community groups in Puerto Rico. #NewsismyBusiness

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In Culebra, Puerto Rico, the Foundation for Puerto Rico and the Puerto Rico Chamber of Commerce hosted a Community Innovation Hub event that brought together nonprofit organizations, entrepreneurs, community leaders and government representatives to address barriers to doing business and workforce development in the island’s eastern region.
In-Brief
Foundation for Puerto Rico, CofC unite to boost Culebra growth
NIMB Staff October 28, 2025

The organizations hosted a Community Innovation Hub event to tackle barriers to doing business and strengthen human capital in the eastern region. #NewsismyBusiness

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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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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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