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Consumer payment trends in Puerto Rico continue shifting toward mobile and tap-to-pay technologies, reflecting broader changes in shopper behavior.
Featured, General Biz News
Visa sees 15% spike in transactions during Holy Week ’25 in Puerto Rico
NIMB Staff June 10, 2025

Digital payments and international tourism drive consumer activity growth. #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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T-Mobile says Puerto Rican customers receive the same branded merchandise as those in the mainland United States and that it continues to advocate for inclusion in national promotions.
Featured, Telecommunications/Technology
T-Mobile marks 9 years of Tuesdays with Puerto Rico-exclusive perks
Michelle Kantrow-Vázquez June 9, 2025

Customers on the island get VIP access, concert experiences and local deals. #NewsismyBusiness

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The Combate Beach Resort in Cabo Rojo, Puerto Rico.
Featured, Tourism/Transportation
XJTT invests $300K in new inn, sells part of Combate Beach Resort
Michelle Kantrow-Vázquez June 6, 2025

I Love Combate Rooms & Suites set to open this summer with tech-forward design. #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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From left: Consultant and Universidad del Turabo professor Gilberto Crespo; Mauricio Romero, vice president of AI and analytics at Liberty LatAm; Norberto Cruz-Córdova, president of the Internet Society, Puerto Rico chapter; Alba Norys De León, president of consulting firm AblaTek LLC; and panel host and event organizer Marcelo Burman during the panel at the Tech Day 2025 event in San Juan.
Featured, Telecommunications/Technology
Road to effective AI adoption in Puerto Rico far from smooth
Dennis Costa June 5, 2025

Experts at Tech Day Puerto Rico warn of infrastructure, regulatory and ethical gaps in artificial intelligence rollout. #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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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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Rising interest rates, high home prices and construction tariffs are making homeownership harder to attain in Puerto Rico.
Economy, Featured
Puerto Rico housing affordability declines amid rising prices, tariffs
NIMB Staff June 4, 2025

Estudios Técnicos Inc.’s index shows steep drop as new home prices climb and interest rates stay high. #NewsismyBusiness

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Three nonprofit organizations in Puerto Rico have been granted low-power FM licenses to begin educational and cultural radio programming under a time-sharing schedule approved by the Federal Communications Commission.
Featured, Telecommunications/Technology
FCC grants LPFM licenses in Puerto Rico to 3 nonprofits under time-share
NIMB Staff June 4, 2025

Caguas and Cayey nonprofits secure low-power FM permits after disputes rejected. #NewsismyBusiness

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The NielsenIQ report explains how Puerto Rico’s retail formats and product categories responded to recent economic and consumer shifts.
Economy, Featured
NielsenIQ: Puerto Rico consumer sector sees early ’25 sales volume lift
NIMB Staff June 3, 2025

Lower price fluctuations help ease overall market decline, report shows. #NewsismyBusiness

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Gov. Jenniffer González, center, signs Puerto Rico’s new permitting reform alongside Sebastián Negrón-Reichard, secretary of the Department of Economic Development and Commerce, and private sector leaders.
Featured, Government
Puerto Rico gov’t launches sweeping permitting system reform
NIMB Staff June 3, 2025

New system introduces AI, faster inspections and support from private sector. #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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