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The Cine Kids auditorium at Plaza Guaynabo VIP Cinemas is designed for families with young children and includes an interactive play area.
Featured, General Biz News
Caribbean Cinemas reopens Plaza Guaynabo with $4M VIP upgrade
NIMB Staff May 22, 2025

New theater includes seven luxury VIP rooms, a game zone, kids’ theater and full-service Victor’s Kitchen & Bar. #NewsismyBusiness

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House prices in Puerto Rico rose more than 50% from 2020 to early 2025, growing faster than on the U.S. mainland, according to the Federal Reserve Bank of New York.
Economy, Featured
Puerto Rico economy grows as jobs rise, housing costs surge
NIMB Staff May 22, 2025

Labor force expands and the population stabilizes, but housing supply and credit trends remain uneven. #NewsismyBusiness

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In 2024, about 51,500 people were blocked or redirected from booking entire home listings in the U.S., including more than 560 in Puerto Rico, over Memorial Day and Fourth of July weekends due to Airbnb’s antiparty measures.
Featured, Tourism/Transportation
Airbnb acts in Puerto Rico against disruptive summer holiday parties
NIMB Staff May 22, 2025

Airbnb’s antiparty system will be in effect for Memorial Day and Fourth of July weekends. #NewsismyBusiness

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Contamination at Playa Lala in Rincón dropped by nearly 50% in 2024, due to community efforts and sewage system upgrades, according to Surfrider Foundation.
Environment, Featured
Puerto Rico beaches see mixed results in water quality report
NIMB Staff May 21, 2025

Surfrider Foundation highlights progress and ongoing challenges in coastal monitoring efforts. #NewsismyBusiness

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Edith Brignoni, founder of Baby Abrazo, a digital brain health platform for families, received the Jumpstart Award and CPA business guidance at the BioLeap Showcase from the Puerto Rico Society of Certified Public Accountants.
Featured, General Biz News
13 Puerto Rico bioscience startups to expand in NYC after BioLeap
NIMB Staff May 21, 2025

Parallel18 and Science Trust celebrate second cohort with awards, mentorship and access to IndieBio accelerator. #NewsismyBusiness

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The Community Resilience Estimates Viewer shows social vulnerability by census tract in Puerto Rico in the event of a natural disaster.
Featured, Government
US Census: More than half of Puerto Rico residents face high disaster risk
NIMB Staff May 20, 2025

New Community Resilience Estimates highlight towns most at risk from natural hazards. #NewsismyBusiness

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Sen. Ada Álvarez-Conde introduced Senate Bill 483 to convert vacant public schools into affordable housing in Puerto Rico, noting that while many focus on abandoned houses, her bill targets unused government buildings.
Featured, Government
Senate bill proposes turning vacant buildings into affordable housing
Maria Miranda May 20, 2025

Puerto Rico Sen. Álvarez-Conde’s measure would prioritize closed schools. #NewsismyBusiness

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The State Insurance Fund Corp. in Puerto Rico will launch a mobile app July 1 to help employers manage policies and payments more easily.
Featured, Government
CFSE to launch mobile app for Puerto Rico employers starting July 1
NIMB Staff May 20, 2025

New digital tool will streamline payroll, certifications and policy access for more than 120,000 businesses. #NewsismyBusiness

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Arby’s in Plaza Escorial, one of the chain’s first locations in Puerto Rico, closed in April.
Featured, Retail
DDR Escorial sues Arby’s franchisee in Carolina over $1.49M lease default
NIMB Staff May 19, 2025

Plaza Escorial landlord claims tenant abandoned operations, failed to pay rent through 2032. #NewsismyBusiness

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Marisol Villalobos, co-founder and CEO of Amasar, speaks at the 2025 Agrohack Conference & Expo in San Juan, Puerto Rico, about how certifications helped her brand reach the stateside market.
Agriculture, Featured
Certification labels gain ground in marketing of agricultural products
Dennis Costa May 19, 2025

Certification labels gain ground in marketing of agricultural products Industry leaders at Agrohack 2025 discuss how Puerto Rico food producers can access the stateside market. #NewsismyBusiness

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Students in the Bravo Family Foundation’s Empowering Young Entrepreneurs program pitch business ideas at Bravo Day 2025 in San Juan, Puerto Rico.
Featured, Nonprofit organizations
Puerto Rico students pitch startups to Orlando Bravo at Bravo Day
NIMB Staff May 19, 2025

A total of 75 public high school students spent eight months receiving business training from the Bravo Family Foundation. #NewsismyBusiness

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Anitza M. Cox, director of analysis and public policy at Estudios Técnicos, presents the results of the 20th edition of the SME Digital Trends Study.
Featured, General Biz News
Puerto Rico’s digital spending hits $1.8B; social, mobile, AI drive growth
NIMB Staff May 16, 2025

SME’s 2025 Digital Trends Study cites social media, mobile use and influencer marketing as top eCommerce drivers. #NewsismyBusiness

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Francisco Rodríguez-Castro, president and CEO of Birling Capital Advisors
Economy, Featured
Puerto Rico stock index up 8.1% YTD, beating U.S. markets
NIMB Staff May 16, 2025

Birling Capital’s April market review highlights strong Puerto Rico equities and early investor confidence in Gov. Jenniffer González-Colón’s leadership. #NewsismyBusiness

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Puerto Rico Chamber of Commerce President Luis E. Pizarro discusses details of the proposed legislation in Washington.
Featured, General Biz News
CofC backs federal bill to reboot island’s pharma manufacturing sector
NIMB Staff May 16, 2025

Chamber endorses MMEDS Act to drive investment, job creation and supply chain security. #NewsismyBusiness

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The $13.1 billion General Fund excludes special revenue and federal funds. With those included, Puerto Rico’s total consolidated budget for fiscal year 2026 is $32.6 billion.
Featured, Government
OBoard submits $13.1B budget for FY2026 developed with local gov’t
NIMB Staff May 15, 2025

More than 64% of General Fund allocated to education, health care, public safety and pensions. #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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