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The Almíbar Summer Beer Fest in Vega Baja, organized by Almíbar Coffee & Beer Gallery, will feature craft beers, food vendors, artisans and live entertainment on July 19. (Credit: Mirko Vitali | Dreamstime.com)
In-Brief
Almíbar Summer Beer Fest debuts in Vega Baja with craft brews, music
NIMB Staff July 8, 2025

Young entrepreneurs lead free festival to promote beer culture and tourism. #NewsismyBusiness

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Taco Bell will launch its “After Hours” nightlife series from July 11–13 in Puerto Rico.
In-Brief
Taco Bell launches ‘After Hours’ nightlife experience in Puerto Rico
NIMB Staff July 8, 2025

Brand debuts late-night music, food and fan event July 11-13. #NewsismyBusiness

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Puerto Rico’s “Golden Mile” banking district is home to institutions such as Popular, FirstBank and OFG Bancorp. (Credit: Eduardo San Miguel)
Economy, Featured
Puerto Rico stocks up 15% as investors bet on financial, fintech strength
NIMB Staff July 7, 2025

Despite continued contraction in economic activity, local market optimism rises on bank earnings, digital infrastructure growth. #NewsismyBusiness

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Staff assist customers at the new Carwiz Rent a Car location on Isla Verde Avenue in Carolina. (Credit: Carwiz Rent a Car's Facebook page.)
Featured, Tourism/Transportation
Carwiz Rent a Car enters Puerto Rico market with new franchisee
NIMB Staff July 7, 2025

Go Rent a Car becomes Carwiz’s first Caribbean franchisee, expanding its global network to 57 countries. #NewsismyBusiness

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Featured, General Biz News
Federal court dismisses banking dispute over lack of jurisdiction
NIMB Staff July 7, 2025

Plaintiffs claimed violations tied to mortgage note under Puerto Rico law. #NewsismyBusiness

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The LaserSETI instruments have arrived in Puerto Rico and are awaiting rooftop installation on Magüeyes Island, in partnership with the University of Puerto Rico. (Credit: LaserSETI.org)
In-Brief
LaserSETI expands sky search with first Puerto Rico installation
NIMB Staff July 7, 2025

Rooftop station on island of Magüeyes strengthens UPR collaboration, global reach. #NewsismyBusiness

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Alberto Torres-Hernández, program director at Hospital Pavia Arecibo, speaks during the presentation of the hospital’s inaugural class of internal medicine residents.
In-Brief
Hospital Pavia Arecibo launches internal medicine residency program
NIMB Staff July 7, 2025

New training initiative marks first for Metro Pavia and honors Eduardo Artau. #NewsismyBusiness

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Genera PR Community Relations Manager Jorge Bracero and UPR-Mayagüez Chancellor Agustín Rullán-Toro during the signing ceremony of the academic collaboration agreement.
In-Brief
Genera PR, UPR Mayagüez partner to boost academic collaboration
NIMB Staff July 7, 2025

One-year agreement includes internships, research and workforce development initiatives. #NewsismyBusiness

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Cocoa consumption reaches up to 5 million metric tons annually, with Western Europe consuming nearly 40% and North America among the top markets, according to the International Cocoa Organization.
Agriculture, Featured
Chocolate Cortés marks ‘World Cocoa Day’ honoring local cacao industry
NIMB Staff July 4, 2025

Company celebrates cacao’s cultural and economic impact as centennial nears. #NewsismyBusiness

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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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QUOTE OF THE WEEK:

“Puerto Rican consumers have demonstrated a remarkable ability to adapt to economic challenges. Our data reveals a clear strategy of seeking value and efficiency in their purchases. However, external factors such as tariffs and the stability of the [Nutritional Assistance Program (PAN, in Spanish)] are critical and require attention.”

 

— Tatiana Irizarry‑Hilera, sales leader for NielsenIQ in Puerto Rico

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