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T-Mobile’s upgraded self-organizing network (SON) uses real-time data and artificial intelligence to detect outages and automatically adjust operations during emergencies.
In-Brief
T-Mobile bolsters emergency tech for 2025 hurricane season
NIMB Staff May 30, 2025

New satellite messaging, AI tools and upgraded fleet enhance disaster response. #NewsismyBusiness

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A public auction in Puerto Rico will offer more than 150 vehicles, including late-model cars and SUVs, at the Gran Feria de Autos Antiguos (“Grand Antique Car Fair”). (Credit: Sensay | Dreamstime.com)
In-Brief
Public auction to offer 150+ vehicles Saturday at Hiram Bithorn
NIMB Staff May 30, 2025

The event in Puerto Rico invites bidders to compete for cars and SUVs. #NewsismyBusiness

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Michael Martucci, regional administrator for the U.S. Environmental Protection Agency
In-Brief
EPA assigns $477K to Puerto Rico, USVI to protect beachgoers
NIMB Staff May 30, 2025

Funding to support water quality monitoring and public health at coastal beaches. #NewsismyBusiness

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Claro President Enrique Ortiz de Montellano outlines the company’s preparations for the 2025 hurricane season.
Featured, Telecommunications/Technology
Claro strengthens network resilience ahead of 2025 hurricane season
NIMB Staff May 29, 2025

Carrier commits $160 million to reinforce infrastructure and customer connectivity. #NewsismyBusiness

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From left, Dominican Franchise Association President Oscar Luis Monzón and Puerto Rico Franchise Association President Ricardo L. Rivera sign a collaboration agreement in Santo Domingo to promote investment and franchise sector growth in the Caribbean.
In-Brief
Franchise groups in Puerto Rico, DomRep sign regional growth alliance
NIMB Staff May 29, 2025

Agreement aims to expand cross-border investment, education and entrepreneurship. #NewsismyBusiness

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Puerto Rico's three main banks ranked among the region's Top 10.
Banking, Featured
Puerto Rico banks maintain strong positions in Caribbean rankings
NIMB Staff May 28, 2025

Banco Popular, FirstBank and OFG Bancorp among top 10 in The Banker’s 2025 list. #NewsismyBusiness

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Puerto Rico’s nautical tourism segment will be under greater oversight following a Comptroller’s Office audit.
Featured, Tourism/Transportation
Tourism Co. strengthens oversight following nautical tourism audit
NIMB Staff May 28, 2025

Agency implements reforms after comptroller finds 68% of operators lacked valid certifications. #NewsismyBusiness

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The Puerto Rico House Consumer Affairs Committee held a hearing to probe LUMA Energy’s denials of claims for damaged appliances.
In-Brief
Lawmakers investigate LUMA’s rejection of 1,800+ damage claims
NIMB Staff May 28, 2025

Lawmakers question liability limits, hint at legislative action. #NewsismyBusiness

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Cooperativa de Seguros Múltiples’ Eco Taxi initiative on display at the exhibit.
In-Brief
‘La Movida del Verano’ exhibit on at Plaza Las Américas through June 1
NIMB Staff May 28, 2025

Event features electric and hybrid cars, vintage collectibles and marine engines. #NewsismyBusiness

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Puerto Rico Insurance Commissioner Alexander Adams-Vega
Featured, Insurance
Insurance commissioner urges policyholders to prepare before hurricane season
NIMB Staff May 27, 2025

Commissioner Alexander Adams-Vega stresses early review of coverage, flood protection, and deductibles for homeowners and businesses. #NewsismyBusiness

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More than a conference, Oasis Empresarial has become a movement for women who want to pursue healthy entrepreneurship, growing in purpose, leadership and well-being.
In-Brief
Oasis Empresarial returns with transformative event for women
NIMB Staff May 27, 2025

Third edition to focus on purpose, leadership and personal growth. #NewsismyBusiness

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Through this program, beneficiaries receive monthly food deliveries tailored to their nutritional needs, including options for conditions such as diabetes, hypertension and kidney disease, designed by professional nutritionists.
In-Brief
MMM Foundation expands food program for older adults
NIMB Staff May 27, 2025

“Adopt an elderly person” initiative provides year-round home-delivered nutrition support. #NewsismyBusiness

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The analysis points to a long-standing structural imbalance in Puerto Rico’s economy, noting that the Leading Economic Index confirms the island no longer responds effectively to traditional stimulus measures.
Economy, Featured
Puerto Rico’s economic activity drops for 2nd straight month in Feb.
NIMB Staff May 26, 2025

Coincident and leading indicators reflect weakening momentum amid fiscal uncertainty and global trade tensions. #NewsismyBusiness

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Mónica Flores-Barragán, president of ManpowerGroup Latin America.
Featured, Labor/HR
Adapting to workforce trends crucial for Puerto Rico’s economic growth
NIMB Staff May 26, 2025

Talent shortages, generational shifts and leadership transformation reshape the labor landscape. #NewsismyBusiness

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Construction at Valley Village is scheduled for completion by April 2028 and will provide housing for hundreds of families in Santa Isabel, according to government officials.
Featured, General Biz News
FirstBank finances $75M for Valley Village housing project in Santa Isabel
NIMB Staff May 23, 2025

The eco-friendly, 292-unit affordable housing complex receives funding through federal tax credits and CDBG-DR. #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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