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Costco’s full range of products — including groceries and food court items — is available through the app, which shows two prices: one for members and one for nonmembers.
Featured, Retail
Costco partners with DoorDash to offer delivery services in Puerto Rico
Michelle Kantrow-Vázquez May 12, 2025

Members and nonmembers can now access Costco products via DoorDash in Bayamón, San Juan and Caguas. #NewsismyBusiness

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Full-size sedans — despite an overall drop in midsize models — showed notable growth, suggesting that buyers are opting for larger, more comfortable vehicles. (Credit: Welcomia | Dreamstime.com)
Auto, Featured
Puerto Rico’s new car sales reach 10,523 units in April
NIMB Staff May 12, 2025

Compact SUVs and full-size sedans drive growth, with Toyota and Kia dominating sales. #NewsismyBusiness

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Liberty Puerto Rico’s headquarters in San Juan.
Featured, Telecommunications/Technology
Liberty Puerto Rico revenue drops 9% to $298.4M in Q1
NIMB Staff May 9, 2025

Mobile migration challenges and subsidy cuts impact performance; company withdraws mid-term outlook. #NewsismyBusiness

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Evertec Inc. is based in San Juan, Puerto Rico.
Featured, General Biz News
Evertec posts 11% revenue growth in Q1, driven by market expansions
NIMB Staff May 9, 2025

The company reported $228.8M in revenue and 105% increase in net income. #NewsismyBusiness

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The Coffee has opened two new locations in Puerto Rico.
Featured, General Biz News
The Coffee debuts in Puerto Rico with stores in San Juan, Barceloneta
NIMB Staff May 9, 2025

Grupo Avilés leads the $400,000 investment to bring the international brand to the local market. #NewsismyBusiness

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Estudios Técnico’s report notes that 39.2% of seniors in Puerto Rico live below the poverty line.
Economy, Featured
Puerto Rico’s aging population hits 770,861 as challenges intensify
NIMB Staff May 8, 2025

One in four Puerto Ricans is 65 or older, raising concerns over poverty, health care and housing. #NewsismyBusiness

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Featured, General Biz News
Puerto Rico’s creative industries export $120M, face workforce decline
NIMB Staff May 8, 2025

The sector sees educational growth but struggles with declining employment and trade deficit, according to the Puerto Rico Institute of Statistics. #NewsismyBusiness

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Visitors to Apidarios Caraballo take guided tours to learn about honey production, and the business is expanding with a new theme park that will include lodging.
Agriculture, Featured
Agrohack 2025 event to spotlight booming agritourism industry
Michelle Kantrow-Vázquez May 8, 2025

The event will provide a platform for industry leaders, young farmers and business partners to explore new opportunities for growth. #NewsismyBusiness

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Construction of the $759 million gas-to-energy plant in Guyana’s West Bank Demerara region, developed in part by Puerto Rico-based CH4 Systems.
Featured, General Biz News
Puerto Rico-based CH4 Systems wins EXIM award for $759M energy project in Guyana
Dennis Costa May 7, 2025

CEO Juan Bellosta says the 300-megawatt gas-to-energy plant could cut energy costs by half and power the entire country. #NewsismyBusiness

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El Convento Hotel, owned and operated by International Hospitality Enterprises, was inducted into Historic Hotels of America in 1999 and remains one of the oldest buildings on the list.
Featured, Tourism/Transportation
El Convento Hotel earns top spot for historic adaptive reuse
NIMB Staff May 7, 2025

Puerto Rico’s iconic former convent ranks No. 1 on the 2025 list of Historic Hotels of America. #NewsismyBusiness

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Puerto Rico Housing Secretary Ciary Pérez-Peña said the end of the Homebuyer Assistance Program application period does not mean funds have been exhausted.
Featured, Government
Puerto Rico Housing Dept. to phase out buyer assistance program
NIMB Staff May 7, 2025

More than 13,700 families have benefited from the HBA program; new housing initiative in development. #NewsismyBusiness

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Mariano Formariz, general manager of the San Juan Marriott Resort & Stellaris Casino, speaks during the hotel’s 30th anniversary celebration.
Featured, Lifestyle
San Juan Marriott celebrates 30 years of hospitality and transformation
NIMB Staff May 7, 2025

Condado resort marks milestone with art, music, cuisine, and a multimillion-dollar renovation. #NewsismyBusiness

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Gov. Jenniffer González meets with cabinet members and private sector leaders to discuss Puerto Rico’s response to new U.S. tariffs.
Featured, Government
Puerto Rico gov meets with business leaders to address Trump tariffs
Maria Miranda May 6, 2025

She urged reshoring and collaboration to protect the island’s economy. #NewsismyBusiness

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Açaí Express will open its first Panama location this week in Coco del Mar, with two more set for Vía Ricardo J. Alfaro and Brisas Capital later this year.
Featured, Retail
Açaí Express announces 1st int’l expansion with 3 locations in Panama
NIMB Staff May 6, 2025

The health-focused franchise enters Central America after a decade of growth in Puerto Rico and the U.S. mainland. #NewsismyBusiness

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The project will install 5-kilowatt solar systems and 13-kilowatt-hour battery units at community centers in San Diego (Coamo), Rubias (Yauco), Quebrada Arenas (Caguas), Castañer (Lares) and La Perla (San Juan).
Environment, Featured
IREC opens RFP for 5 new energy resilience hubs in Puerto Rico
NIMB Staff May 6, 2025

IREC is building five new solar resilience hubs in Puerto Rico and is asking contractors to submit proposals by May 30. #NewsismyBusiness

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QUOTE OF THE WEEK:

“We’re very excited to welcome the Star of the Seas for the first time today to the San Juan Pier, as well as the Celebrity Beyond, which together bring more than 13,000 people, including passengers and crew.

 

This first visit of the Star of the Seas is estimated at approximately $600,000, and with the next five scheduled calls, it will exceed $3.5 million in direct economic impact.”

 

— Willianette Robles-Cancel, executive director, Puerto Rico Tourism Co.

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