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In-Brief
Puerto Rico allocates $63.1M in new incentives to strengthen agriculture
NIMB Staff August 20, 2025

Governor announces expanded aid programs for dairy, cattle, poultry and more. #NewsismyBusiness

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In-Brief
Fly The Whale to launch daily nonstop flights between St. Croix, San Juan
NIMB Staff August 20, 2025

New service starts Sept. 15 with three daily round trips. #NewsismyBusiness

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SBA Atlantic Regional Administrator Matt Coleman, who oversees programs in New York, New Jersey, Puerto Rico and the U.S. Virgin Islands.
In-Brief
SBA opens nominations for 2026 National Small Business Week Awards
NIMB Staff August 20, 2025

Entrepreneurs have until Dec. 8 to submit entries for national recognition. #NewsismyBusiness

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Economy, Featured
Report warns stalled recovery, fragile grid threaten Puerto Rico
NIMB Staff August 19, 2025

Puerto Rico’s economic outlook shows signs of both promise and peril, according to data compiled by Francisco Rodríguez-Castro of Birling Capital, as the island contends with stalled federal reconstruction funds, persistent inequality and a governance crisis following President Donald Trump’s dismissal of nearly all members of the Financial Oversight and Management Board. The analysis, shared […]

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Construction activity in Puerto Rico has recently exceeded expectations. (Credit: Rafael Ben Ari | Dreamstime.com)
Featured, General Biz News
Puerto Rico construction index grows in May despite rising cost pressures
NIMB Staff August 19, 2025

Industry activity posts second consecutive monthly gain but faces risks from tariffs, high interest rates and reduced public investment. #NewsismyBusiness

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Featured, Telecommunications/Technology
T-Mobile, Claro and Liberty dominate Puerto Rico connectivity in H1 2025
NIMB Staff August 19, 2025

Ookla report highlights top performers in mobile, fixed internet and streaming quality across the island. #NewsismyBusiness

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In-Brief
UPR Utuado, Humacao win Enactus National Cup, advance to global stage
NIMB Staff August 19, 2025

Student teams to represent Puerto Rico at 2025 Enactus World Cup in Bangkok. #NewsismyBusiness

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United Retailers Association President Ramón C. Barquín III and Puerto Rico Economic Development Bank President Carmen A. Vega-Fournier sign a memorandum of understanding during the association’s annual convention in Ponce.
In-Brief
Puerto Rico retailers, EDB sign agreement to boost financing access
NIMB Staff August 19, 2025

Alliance will offer loans, training and guidance to nearly 5,000 members. #NewsismyBusiness

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Luis Puig, founder and partner of Validation & Engineering Group (V&EG), which was acquired by 3Boomerang Capital to expand its life sciences service platform, Pinnaql Inc.
In-Brief
Pinnaql buys Validation & Engineering Group to boost life sciences reach
NIMB Staff August 19, 2025

Acquisition strengthens Puerto Rico’s role in pharma, biotech and medical devices. #NewsismyBusiness

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An El Mesón Sandwiches restaurant
In-Brief
El Mesón invests $2.8M to open 44th restaurant, 4th in Mayagüez
NIMB Staff August 18, 2025

The new location adds 60 jobs and features sustainable design, tech upgrades and double drive-thru. #NewsismyBusiness

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Seasons by Caridad store at San Patricio Plaza in Guaynabo.
In-Brief
Farmacias Caridad opens Seasons by Caridad store at San Patricio Plaza
NIMB Staff August 18, 2025

The new concept store adds jobs and expands retail offerings with perfumes, toys and home goods. #NewsismyBusiness

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A promotional banner marking News is my Business’ 15th anniversary.
Featured, General Biz News
Meta blocks Puerto Rico business outlet’s access to Facebook
NIMB Staff August 15, 2025

Loss of administrative control halts News is my Business updates to 15,000 followers and disrupts ad campaigns for local companies. #NewsismyBusiness

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As part of Uber Campus, Universidad del Sagrado Corazón (Sacred Heart University) in San Juan, Puerto Rico, will feature official Uber signage and a designated pickup and drop-off zone to facilitate student use of the app.
Featured, Tourism/Transportation
Puerto Rico debuts 1st Uber Campus in LatAm at Sacred Heart University
NIMB Staff August 15, 2025

Initiative aims to ease student mobility with discounts, designated zones and app support. #NewsismyBusiness

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BE Fest will bring together entrepreneurs, business owners and resource providers Aug. 29 at the Puerto Rico Convention Center for workshops, networking and access to business support.
Featured
Boricua Emprende Fest returns Aug. 29 with expanded agenda, new features
NIMB Staff August 15, 2025

Seventh edition to unite 2,000 entrepreneurs for learning, networking and growth. #NewsismyBusiness

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QUOTE OF THE WEEK:

“In today’s environment of heightened uncertainty, consumers are encouraged to prioritize financial prudence, disciplined expense control and effective budgeting to mitigate further stress on their finances.

 

A ‘wait-and-see’ approach may serve the Fed, but not consumers.”

 

— Leslie Adames, director of analysis and economic policy, Estudios Técnicos

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