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Puerto Rican companies exhibit gourmet products at the 2025 Summer Fancy Food Show in New York, one of the world’s leading specialty food trade events.
Featured, General Biz News
Puerto Rico brands promoted at Fancy Food Show in New York
NIMB Staff July 4, 2025

Ten companies showcased local gourmet products and export potential under DDEC sponsorship. #NewsismyBusiness

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The recycled resin will be processed at Pac Tech’s new “Renacer” plant in the Dominican Republic, the region’s first facility dedicated to food-grade plastic recycling.
Environment, Featured
Pac Tech unveils packaging with 25% recycled resin, creating 500 new jobs
NIMB Staff July 4, 2025

Partnership with Reciclaje del Norte positions company as regional sustainability leader. #NewsismyBusiness

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From left, Maricarmen Conaway of MC Estudio and Jean Marcel, founder of Emprendimiento101, at the new coworking space in San Juan.
In-Brief
Emprendimiento101 coworking space opens in San Juan
NIMB Staff July 4, 2025

Workspace offers branded offices and peer collaboration in San Juan. #NewsismyBusiness

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COR3 Executive Director Eduardo Soria-Rivera addresses agency officials during the “Reconstruction in Action” work session at the Puerto Rico Convention Center.
In-Brief
COR3 hosts session to guide agencies on FEMA-funded reconstruction work
NIMB Staff July 4, 2025

More than 100 officials gathered to review strategies and streamline execution. #NewsismyBusiness

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Airbnb reaffirmed support for clear short-term rental regulations as the number of occasional hosts in Puerto Rico continues to grow. (Credit: Tyler Oneill | Dreamstime.com)
Featured, Tourism/Transportation
Airbnb sees 10% growth in occasional hosts across Puerto Rico in 2024
NIMB Staff July 3, 2025

Platform highlights rise in part-time listings as flexible income source for locals. #NewsismyBusiness

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Headlands Research adds Puerto Rico to its network to offer sponsors access to more diverse clinical trial populations. (Credit: Alexander Raths | Dreamstime.com)
Featured, General Biz News
Headlands Research acquires San Juan-based CMRCenter to expand trials
NIMB Staff July 3, 2025

Acquisition brings the local operation’s strong performance into global research network. #NewsismyBusiness

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Bravo Pathway is part of the Bravo Family Foundation’s efforts to expand education access and support public high school students across Puerto Rico.
In-Brief
Bravo Family Foundation launches Bravo Pathway program
NIMB Staff July 3, 2025

Initiative aims to expand educational horizons for public high school students. #NewsismyBusiness

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GE Vernova says its LM2500XPRESS gas turbine package is 95% factory assembled for faster site installation. (Credit: GE Vernova)
Featured, General Biz News
GE Vernova turbines to deliver 244 MW, boost Puerto Rico grid reliability
NIMB Staff July 2, 2025

Six LM2500XPRESS units ordered to modernize PREPA plants in Daguao, Jobos and Yabucoa. #NewsismyBusiness

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More than 80 interns from eight Puerto Rico universities will work in areas such as engineering, capital programs and smart grid technology, LUMA officials said.
In-Brief
LUMA welcomes 80+ interns to support energy system transformation
NIMB Staff July 2, 2025

The 2025 Summer Internship Program integrates students into key power grid projects. #NewsismyBusiness

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De la Cruz Ogilvy earned Puerto Rico’s first Silver Lion in the Pharma category at the 2025 Cannes Lions Festival for its “Glowing Relief” campaign for Alivia Health.
In-Brief
De la Cruz Ogilvy marks 40 years with Cannes Lions 2025 Festival win
NIMB Staff July 2, 2025

The Puerto Rican agency celebrates four decades of creativity and a Silver Lion in Pharma, a first for the island. #NewsismyBusiness

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Puerto Rico’s $52.9 billion public debt as of June 30, 2022, included $32.5 billion in primary government debt and $20.4 billion from component units, led by the Puerto Rico Electric Power Authority. (Source: GAO-25-107560)
Featured, Government
GAO finds $1.9B Puerto Rico surplus, warns of unresolved PREPA debt
NIMB Staff July 1, 2025

While Puerto Rico strengthens its financial position, pending electric utility restructuring and population loss remain key threats to long-term stability. #NewsismyBusiness

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The site was originally approved for a 192-unit development called Playa Bahía. (Credit: Christiansen Commercial)
Featured, General Biz News
Loíza beachfront site with 60 apartments listed for $3.5M redevelopment
NIMB Staff July 1, 2025

Partially built Playa Bahía project offers opportunity in housing and tourism. #NewsismyBusiness

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Cooking with my Doctor products are now available at El Market stores inside Luis Muñoz Marín International Airport
Featured, Retail
Cooking with my Doctor lands airport deal, expands to US Walmart stores
NIMB Staff July 1, 2025

The company unveiled three new additions to its “Pónselo a” seasoning line at the 2025 MIDA Conference and Food Show. #NewsismyBusiness

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From left: Natalie Claudio of Jóvenes de Puerto Rico en Riesgo; Maritza Abadía, president of Banesco USA Puerto Rico; Raquel Skerett of Vitrina Solidaria; and Giovanna Piovanetti of Corporación para el Financiamiento Empresarial de los Comerciantes y de las Comunidades
In-Brief
Banesco USA grants $22K to nonprofits aiding vulnerable communities
NIMB Staff July 1, 2025

Eight organizations in Puerto Rico receive funds to support social, educational and economic programs. #NewsismyBusiness

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Students at the University of Puerto Rico, Mayagüez Campus, are building and testing lightweight drone attachments for real-world environmental monitoring applications.
In-Brief
LIFT taps Puerto Rico engineering students for defense drone initiative
NIMB Staff July 1, 2025

UPR-Mayagüez students develop and test drone technology for defense and monitoring applications. #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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