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American Paper, founded in 1982, supplies packaging products throughout Puerto Rico, the Caribbean and Central America. (Credit: American Paper’s website.)
Featured, General Biz News
American Paper sues Clearwater over alleged unjust end of contract
NIMB Staff June 9, 2025

Guaynabo firm seeks $600K in damages under Puerto Rico’s Act 21 protections. #NewsismyBusiness

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Brenda Irizarry of FirstBank leads a coaching habits training during a recent 1Éxito for Business event.
In-Brief
FirstBank to host free business education event for entrepreneurs
NIMB Staff June 9, 2025

1Éxito for Business offers training, networking and $2,000 prize opportunities. #NewsismyBusiness

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Monllor Capital Partners, a private equity firm based in San Juan, says it aims to attract investment to Puerto Rico while supporting sustainable economic development. (Credit: Natanael Alfredo Nemanita Ginting | Dreamstime.com)
In-Brief
Monllor Capital launches $20M Puerto Rico Opportunity Zone Fund II
NIMB Staff June 9, 2025

New fund targets tax-advantaged investments in local businesses and projects. #NewsismyBusiness

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Facel Casta-Báez, president and inventor of Emu Comfort, a Puerto Rico-based medical equipment company specializing in orthopedic pillows.
In-Brief
Puerto Rico’s Emu Comfort to debut at World Health Expo in Miami
NIMB Staff June 9, 2025

Company to showcase patented medical wellness products to global audience. #NewsismyBusiness

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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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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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