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The Luis Muñoz Marín International Airport in San Juan is Puerto Rico’s main air travel hub.
Featured, Tourism/Transportation
Court upholds Airport Shoppes’ food concession rights in Aerostar lawsuit
NIMB Staff June 6, 2025

Carolina Superior Court sides with local operators in dispute over terminal food rights. #NewsismyBusiness

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Ongoing analysis of Puerto Rico’s Coincident and Leading Indicators will be crucial for tracking the island’s economic direction in the coming months.
Economy, Featured
Puerto Rico’s economic activity stabilizes in March amid signs of slowdown
NIMB Staff June 6, 2025

Leading and coincident indices reflect growth deceleration but no recession. #NewsismyBusiness

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Puerto Rico is one of seven regions selected to host the NIIMBL eXperience program in summer 2025, which will engage 100 STEM students in the U.S.
In-Brief
Puerto Rico hosts 1st NIIMBL biomanufacturing immersion program
NIMB Staff June 6, 2025

STEM undergrads receive hands-on training and $1,000 stipend in free program. #NewsismyBusiness

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The installed solar systems in Culebra have a combined capacity of 283.5 kilowatts and are expected to generate about 480 megawatt-hours annually, saving local businesses an estimated $135,000.
In-Brief
Puerto Rico Community Foundation completes solar project in Culebra
NIMB Staff June 6, 2025

$2.5M investment brings resilient solar energy to 20 essential businesses. #NewsismyBusiness

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The course combined classroom instruction and hands-on training in carpentry, masonry, gypsum board installation, plumbing and electrical work.
In-Brief
One Stop Career Center certifies workers to do construction work
NIMB Staff June 6, 2025

The nonprofit is developing the Avanzando 2 Good Jobs program in Puerto Rico, a free technical and job training initiative. #NewsismyBusiness

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The dashboard is available under the Special Projects tab on the Puerto Rico Institute of Statistics website.
Banking, Featured
Institute of Statistics launches banking performance dashboard
NIMB Staff June 5, 2025

New interactive tool compiles FDIC-regulated bank data since 2001. #NewsismyBusiness

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Economy, Featured
Puerto Rico bankruptcies jump 6.4% through May, debt totals $288.7M
NIMB Staff June 5, 2025

San Juan, Ponce and Carolina lead 2025 filings; restaurants most affected. #NewsismyBusiness

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Casa Caribe, designed by architect Jeff Brock of the international firm Moneo Brock.
In-Brief
CAAPPR hosts global architects for annual design convention in Fajardo
NIMB Staff June 5, 2025

Three-day event explores sustainable and community-focused design trends. #NewsismyBusiness

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David Geeter-Álvarez, co-founder of the Puerto Rico Impact Investment Network
In-Brief
PRIIN launches to connect impact capital with Puerto Rico entrepreneurs
NIMB Staff June 5, 2025

New network aims to mobilize local and diaspora investment for social impact. #NewsismyBusiness

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Attendees will have the opportunity to meet one-on-one with loan officers to present their business plans and receive guidance on securing financing to start or grow their ventures. (Credit: Thicha Satapitanon | Dreamstime.com)
In-Brief
Mujer Capital back to support access to capital for women entrepreneurs
NIMB Staff June 5, 2025

Event connects businesswomen with financing, mentorship and seed funding. #NewsismyBusiness

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Executives from the Puerto Rico Chamber of Food Marketing, Industry and Distribution (MIDA, in Spanish) present findings from the 2025 Consumer X-ray study.
Featured, General Biz News
Puerto Rico consumers cut back on entertainment, boost essentials
NIMB Staff June 4, 2025

MIDA’s Consumer X-ray 2025 shows rising spending, growing concern over tariffs. #NewsismyBusiness

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Rising interest rates, high home prices and construction tariffs are making homeownership harder to attain in Puerto Rico.
Economy, Featured
Puerto Rico housing affordability declines amid rising prices, tariffs
NIMB Staff June 4, 2025

Estudios Técnicos Inc.’s index shows steep drop as new home prices climb and interest rates stay high. #NewsismyBusiness

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Three nonprofit organizations in Puerto Rico have been granted low-power FM licenses to begin educational and cultural radio programming under a time-sharing schedule approved by the Federal Communications Commission.
Featured, Telecommunications/Technology
FCC grants LPFM licenses in Puerto Rico to 3 nonprofits under time-share
NIMB Staff June 4, 2025

Caguas and Cayey nonprofits secure low-power FM permits after disputes rejected. #NewsismyBusiness

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From left, Maritza Abadía, president of Banesco USA in Puerto Rico, and Calixto García-Vélez, president of Banesco USA
In-Brief
Banesco USA sees strong Q1 growth in Puerto Rico loans, deposits
NIMB Staff June 4, 2025

Bank reports 25% loan and 45% deposit growth, $76M in ECIP lending. #NewsismyBusiness

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Orlando Bravo, founder and managing partner of Thoma Bravo
In-Brief
Thoma Bravo closes $34.4B in funds to boost software sector investments
NIMB Staff June 4, 2025

The three oversubscribed funds reflect strong investor support across markets, the company stated. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Trust is the main ingredient for business. So instead of telling your employees that AI is coming after you’ve made the decision and have a plan for implementation, you should involve them during conception and evaluation. That way, you can address their questions, fears and concerns from the start.”

 

— Paulo Preciado, executive advisor partner for the Caribbean and Central America, Great Place to Work

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