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A lineworker services electrical infrastructure in Puerto Rico in the aftermath of Hurricane Maria. (File photo/Credit: Fluor)
Economy, Featured
Index shows early challenges for Puerto Rico’s new administration
NIMB Staff November 18, 2025

Birling Capital’s findings reflect lagging progress in the island’s government. #NewsismyBusiness

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Economy, Featured
Puerto Rico construction prices up 4.2% as activity rebounds in August
NIMB Staff November 18, 2025

The Coincident Construction Index shows renewed growth, stronger fiscal-year performance and continued price pressure driven by tariffs. #NewsismyBusiness

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From left: Banesco USA CEO Calixto García-Vélez and Maritza Abadía, president of Banesco USA in Puerto Rico
Banking, Featured
Banesco Puerto Rico’s business reports 83% jump in deposits
NIMB Staff November 18, 2025

Puerto Rico posts double-digit loan and deposit growth as Banesco expands ECIP lending and strengthens its commercial footprint. #NewsismyBusiness

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Bottles in Guaynabo, which recently overhauled its pricing, tipping model and service structure.
Featured, Retail
Bottles revamps model with pricing cuts, new tip system
Michelle Kantrow-Vázquez November 17, 2025

Guaynabo restaurant shifts to full customer-discretion tipping, lowers menu prices and adds new portions as part of a broader transparency overhaul. #NewsismyBusiness

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Fintech activity in Puerto Rico is shifting as market conditions change, leading local founders to focus on sustainable growth. (Credit: One Photo | Dreamstime.com)
Featured, Telecommunications/Technology
Fintech grows cautiously as local leaders eye stability
G. Torres November 17, 2025

Puerto Rico founders say innovation is rising even as capital tightens, investor criteria harden and adoption remains conservative. #NewsismyBusiness

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Las Ruinas is inside a historic building on Calle de la Cruz in Old San Juan.
Featured, Tourism/Transportation
Las Ruinas opens in Old San Juan, creating 50 new jobs
NIMB Staff November 17, 2025

The bathhouse and gym merges ancestral rituals, contemporary design and a three-year restoration in a historic 1800s building. #NewsismyBusiness

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Economist Roberto Salinas speaks during a forum hosted by the Center for Economic Renewal, Growth and Excellence (Centro CRECE) in Puerto Rico.
Economy, Featured
Salinas: Slash taxes, red tape to grow Puerto Rico’s economy
Michelle Kantrow-Vázquez November 14, 2025

Economist urges Puerto Rico to cut red tape, protect property rights and empower workers to drive long-term economic growth. #NewsismyBusiness

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A house under construction in Puerto Rico. Puerto Rico lawmakers are considering reforms to modernize the island’s Tourist Residences Act. (Credit: stockphotofan1 | Dreamstime.com)
Featured, Government
Bill seeks to strengthen oversight of tourist residence projects
NIMB Staff November 14, 2025

Legislation shifts key regulatory authority to Department of Consumer Affairs and tightens rules on permits, deposits and developer accountability. #NewsismyBusiness

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24 Marketplace restaurant in Hato Rey, San Juan, remains open as RB Marketplace Inc. reorganizes under Chapter 11.
Featured, General Biz News
24 Marketplace co-founder takes charge under Chapter 11
NIMB Staff November 14, 2025

Báez de Jesús leads the company’s restructuring as president faces corruption case. #NewsismyBusiness

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Hernán A. Vera-Rodríguez, director of the Observatorio de Sociedad, Gobernanza y Políticas Públicas at the Pontifical Catholic University of Puerto Rico in Ponce, and co-investigators Jennifer Castellanos-Barreto and Laura Pietri-Gómez present the findings of their two-year study on generational differences in Puerto Rico’s workforce.
Featured, General Biz News
PUCPR study reveals generational gaps in Puerto Rico’s workforce
NIMB Staff November 13, 2025

The research project found that younger workers prioritize flexibility and higher pay but are more likely to leave their jobs, while Generation X shows stronger engagement and work ethic. #NewsismyBusiness

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On right, Ricardo E. Ríos-Flores, president of Commercial Equipment Finance Inc.
Featured, General Biz News
CEFI issues $122M in equipment-backed notes in 3rd deal
NIMB Staff November 13, 2025

The transaction, led by KeyBanc Capital Markets, was oversubscribed, reaffirming investor confidence in the Puerto Rico-based lender’s portfolio strength. #NewsismyBusiness

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The Chamber of Food Marketing, Industry and Distribution (MIDA, in Spanish) holds its annual seminar to provide data-driven insight helping Puerto Rico’s food and distribution sectors plan for market volatility and consumer trends.
Featured, Retail
MIDA’s 2026 food outlook to tackle inflation, inventory risks
NIMB Staff November 13, 2025

The chamber’s annual seminar will present the $36.45 average sale-per-receipt trend, highlighting inflation, inventory challenges and consumer shifts shaping Puerto Rico’s food sector. #NewsismyBusiness

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As part of the bill’s development, the House Committee for the Development of the Regulatory Framework on the Use of Artificial Intelligence in Education held its first meeting Nov. 7, with participation from multiple entities, including the Puerto Rico Institute of Statistics.
Education, Featured
Legislators propose law to regulate AI use in schools
Michelle Kantrow-Vázquez November 12, 2025

New legislation seeks to establish ethical standards for artificial intelligence in public and private educational institutions across the island. #NewsismyBusiness

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Arecibo Home Design’s 13,000-square-foot showroom in Toa Baja, Puerto Rico, which the company describes as the largest bathroom and fixtures store in the Caribbean.
Featured, Retail
Arecibo Home Design invests $7M in new Toa Baja showroom
NIMB Staff November 12, 2025

The Puerto Rican company marks its 10th anniversary with the largest bathroom and fixtures showroom in Puerto Rico and the Caribbean, creating 80 new jobs. #NewsismyBusiness

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Shed, a wellness and weight-management company based in Salt Lake City, announces the launch of its services in Puerto Rico.
Featured, General Biz News
Shed enters Puerto Rico’s wellness, weight-management market
NIMB Staff November 12, 2025

The Utah-based health company launches personalized weight-management programs and clinician-guided services across the island. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Companies that weren’t born with AI have a long and arduous adaptation process, especially large companies with hundreds or thousands of employees. Those companies are going to lose their competitiveness to smaller businesses that are born with AI, can go faster and don’t have legacy systems to convert and maintain.”

 

— Nicolas Galarza, founder, Wealth2B

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