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Luis Rafael González, founder of Axis & Co., a real estate consulting and brokerage firm based in Puerto Rico.
In-Brief
Axis & Co. launches boutique real estate consulting firm in Puerto Rico
NIMB Staff June 10, 2025

New venture introduces flexible model for commercial leasing and strategy. #NewsismyBusiness

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Thomas Seewoester, vice president of operations for Amgen Puerto Rico, places the Energy Star certification label at the company’s Juncos facility.
In-Brief
Amgen Juncos facility earns EPA’s Energy Star certification for efficiency
NIMB Staff June 10, 2025

Puerto Rico plant ranks among top 25% of U.S. biomanufacturing sites in energy use. #NewsismyBusiness

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The ceremony, held in the new auditorium on Ponce Health Sciences University’s campus, marked the school’s largest graduating class of medical students since its founding, with 120 students earning Doctor of Medicine degrees.
In-Brief
PHSU graduates largest medical class in its history during 45th ceremony
NIMB Staff June 10, 2025

A total of 434 students earned degrees as Ponce Health Sciences University expands programs. #NewsismyBusiness

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Discover Puerto Rico, the island’s destination marketing organization, released a report on early 2025 tourism performance as the global travel industry faces challenges, including tariff concerns and weaker international demand. (Credit: Mihai Coman | Dreamstime.com)
Featured, Tourism/Transportation
Puerto Rico lodging revenues hit $819M as rentals lead ’25 growth
NIMB Staff June 9, 2025

Short-term rentals post 21% surge; hotel bookings rebound in late summer. #NewsismyBusiness

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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 ruling marks the fifth time a court has sided with local concessionaires in legal disputes with Aerostar, the operator of Luis Muñoz Marín International Airport in Puerto Rico.
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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