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University of Puerto Rico and government health officials testified at the House Education Committee hearing on the proposed medical cannabis research and cultivation program.
Featured, Government
House bill exploring medical cannabis cultivation at UPR Utuado debated
NIMB Staff March 13, 2025

House Bill 177 seeks to amend the Medicinal Act to allow educational institutions to develop techniques for planting and handling cannabis seeds. #NewsismyBusiness

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Abdiel Torres, co-founder of Global Import Products, accepts the award.
In-Brief
Global Import Products honored for outstanding business development
NIMB Staff March 13, 2025

Global Import Products specializes in the direct delivery of fresh fruits and vegetables. #NewsismyBusiness

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In the U.S. subnational index, Puerto Rico scored 2.13 out of 10, ranking well below New York, the lowest-ranked state, which scored 4.15.
Economy, Featured
Puerto Rico ranks last in economic freedom for 3rd consecutive year
NIMB Staff March 12, 2025

The island moves further away from the United States and is just a few notches behind Mexico. #NewsismyBusiness

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The sectors with the highest hiring expectations are manufacturing, information technology, finance and services, said ManpowerGroup Puerto Rico General Manager Melissa Rivera-Roena.
Featured, Labor/HR
Puerto Rico employers’ net hiring expectations at 14% in 2nd quarter
NIMB Staff March 12, 2025

The highest hiring intentions are expected to be reported in the central, northern and metro regions. #NewsismyBusiness

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David Suleiman-Rosado, professor of chemical engineering at the University of Puerto Rico, Mayagüez Campus
Featured, General Biz News
Puerto Rican science project heads to International Space Station
NIMB Staff March 12, 2025

This research aims to transform water purification in space environments. #NewsismyBusiness

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Customers can access the platform by downloading the Oriental Bank app and logging in with their existing user ID and password.
In-Brief
Oriental launches new smart digital banking platform
NIMB Staff March 12, 2025

The upgraded platform introduces a range of new tools designed to improve the customer experience and financial management. #NewsismyBusiness

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The Job Training Center was established under the Workforce Training Program, which is subsidized by Community Development Block Grant-Disaster Recovery funds through the Puerto Rico Department of Housing.
In-Brief
UPR Río Piedras campus offers free certifications and courses
NIMB Staff March 12, 2025

The list includes education focused on technical, personal, professional and entrepreneurial development. #NewsismyBusiness

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Economy, Featured
Housing affordability declines in Puerto Rico as prices, interest rates rise
NIMB Staff March 11, 2025

Estudios Técnicos reports worsening affordability, which drops to 57% in some regions. #NewsismyBusiness 

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Isabel Hernández, tax partner and head of the International Business Center at Kevane Grant Thornton.
Featured, Labor/HR
Kevane Grant Thornton Puerto Rico leads in gender diversity
NIMB Staff March 11, 2025

In the global mid-market, more than one in three senior management positions (34%) are held by women. #NewsismyBusiness

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In-Brief
TOTE Maritime Puerto Rico names Omar Marrero VP, GM
NIMB Staff March 11, 2025

Marrero returns to the private sector as Eduardo Pagán moves to a corporate affairs role. #NewsismyBusiness

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InterACTIVO can host more than 50 older adults daily, offering a blend of educational, social, physical and cultural activities to promote active engagement.
In-Brief
Inter American Univ. opens InterACTIVO center to support older adults
NIMB Staff March 11, 2025

The university aims to strengthen its commitment to enhancing the quality of life for older adults in Puerto Rico. #NewsismyBusiness

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Jorge Pérez, regional general manager of ASM Global, which oversees the Puerto Rico Convention Center, Antiguo Casino, Coca-Cola Music Hall and Coliseo de Puerto Rico.
In-Brief
SME Puerto Rico, ASM Global recognize 2025 ‘Top Performers’
NIMB Staff March 11, 2025

The group was honored as SME Sales Top Performers 2025 during the SME Sales Summit and Professional Sales Executive Week. #NewsismyBusiness

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Founded in 2002, FDI Clinical Research is internationally recognized for its expertise in clinical studies on liver diseases, oncology, immunology and neurology.
Featured, Government
FDI Clinical Research expands in Puerto Rico with $5.8M investment 
NIMB Staff March 10, 2025

The expansion aims to enhance access to clinical studies and reinforce the island’s position as a hub for biomedical research. #NewsismyBusiness

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The campaign, developed in collaboration with ARCO Publicidad and led by creative director Miguel Zayas, honors the community spirit with an adaptation of the iconic song “Mi Gente.” (Screen capture)
In-Brief
Supermercados Econo launches campaign to mark 55th anniversary
NIMB Staff March 10, 2025

The ad campaign launched March 6 through television, radio, digital media, social networks and billboards. #NewsismyBusiness

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Popular Re, which launched in 2022, is integral to Popular Inc.’s risk management strategy, providing reinsurance for various property and casualty lines.
In-Brief
AM Best assigns ‘Good’ credit ratings to Popular Re Inc.
NIMB Staff March 10, 2025

The ratings have been given a stable outlook. #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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