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Featured, General Biz News
V. Suárez ranks 66th among top 500 Latino-owned businesses in U.S.
NIMB Staff March 28, 2025

The Latino Leaders Index500 features businesses based in 34 states and Puerto Rico. #NewsismyBusiness

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The analysis points to a long-standing structural imbalance in Puerto Rico’s economy, noting that the Leading Economic Index confirms the island no longer responds effectively to traditional stimulus measures.
Economy, Featured
CNE report warns shifting federal policies threaten Puerto Rico’s recovery
NIMB Staff March 27, 2025

The CNE report urges Puerto Rico’s policymakers, private sector leaders, and civil society to remain proactive in responding to these shifts. #NewsismyBusiness

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The study, led by José Caraballo-Cueto, professor and director of the Center for Development Studies, analyzed 2023 data from the U.S. Census Bureau.
Economy, Featured
UPR study: Education reduces poverty, but gender gap persists
NIMB Staff March 27, 2025

Educational degrees strongly influenced poverty levels for both genders. #NewsismyBusiness

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The island compares well with Chile, Costa Rica and the Dominican Republic, especially in educational partnerships and developing drought-resistant crops.
Agriculture, Featured
Puerto Rico’s agricultural biotech sector generates $284M
NIMB Staff March 27, 2025

The sector employed 2,906 individuals with average salaries three times higher than the regional median. #NewsismyBusiness

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Banking, Featured
Banesco reports growth in Puerto Rico, loans up 25%, deposits up 20%
NIMB Staff March 26, 2025

Banesco USA’s overall financial performance showed a net income of $43 million in 2024. #NewsismyBusiness

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Carla Campos is the new chairwoman of Discover Puerto Rico, the island’s destination marketing organization.
Featured, Tourism/Transportation
Carla Campos elected to chair Discover Puerto Rico board
NIMB Staff March 26, 2025

New leadership at Discover Puerto Rico marks a “new stage of collaboration and strengthening.” #NewsismyBusiness

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Puerto Rico United Retailers Association President Ramón Barquín and Orange County District 4 Commissioner Maribel Gómez-Cordero sign the renewed agreement to support Puerto Rican entrepreneurs in Central Florida.
Featured, General Biz News
CUD renews collaborative agreement to remain present in Orlando
Cecilia Figueroa March 26, 2025

The agreement facilitates seamless collaboration and support for entrepreneurs across both regions. #NewsismyBusiness

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Augusto Gallardo, chief operations officer of Solx, speaks during a press conference at the Puerto Rico governor’s executive mansion, La Fortaleza.
Featured, Manufacturing
Solx invests $64M in Puerto Rico’s first solar panel plant
Maria Miranda March 25, 2025

The Aguadilla facility will create up to 610 jobs and position the island as a clean tech hub. #NewsismyBusiness

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LUMA Energy has contracted Canadian firm AtkinsRéalis Group Inc. to provide architecture and engineering design services to improve and strengthen Puerto Rico’s transmission and distribution infrastructure.
Featured, General Biz News
LUMA selects AtkinsRéalis to strengthen Puerto Rico’s power grid
NIMB Staff March 25, 2025

The collaboration will focus on permanent improvements to transmission and distribution power lines and substation projects. #NewsismyBusiness

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Eduardo A. Lugo-Hernández, executive director of the Commission and professor in the University of Puerto Rico, Mayagüez Campus Department of Psychology
Education, Featured
RUM report shows housing, transportation crises in child poverty plan
NIMB Staff March 25, 2025

The study was developed in collaboration with the Department of Family Affairs. #NewsismyBusiness

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A recent Resume Now survey found that 84% of U.S. workers say AI has made job searching easier, but 66% acknowledge it has increased competition as more applicants use the same tools to pursue the same roles.
Featured, Labor/HR
AI can both help and hinder job search and hiring process
G. Torres March 24, 2025

AI offers job applicants many advantages, but they should be vigilant about potential drawbacks. #NewsismyBusiness

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SHARK TANK - “1602” - Entrepreneurs pitch one-of-a-kind products, including a portable athlete recovery device, an automated tattoo machine, eco-friendly buckwheat milk and compression hockey gear. Guest Shark Rashaun Williams joins the Tank. FRIDAY, MARCH 21 (8:00-9:01 p.m. EDT) on ABC. (Disney/Christopher Willard) MARTIN NEGRON JR., MARTIN NEGRON SR.
Featured, General Biz News
Puerto Rican father-son duo get $200K for Duzter Hockey on Shark Tank
NIMB Staff March 24, 2025

The founders appeared on Shark Tank over the weekend. #NewsismyBusiness

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Chef Michael White, a five-time Michelin star recipient and James Beard Award winner, has crafted a menu inspired by the Levant winds that sweep across the Mediterranean.
Featured, Lifestyle
La Concha Resort unveils $5.5M Levant restaurant at hotel’s iconic pearl
Michelle Kantrow-Vázquez March 24, 2025

The launch of Levant is part of La Concha Resort’s transformation into an Autograph Collection property #NewsismyBusiness

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Eduardo Soria-Rivera, executive director of Puerto Rico’s Central Office of Recovery, Reconstruction and Resilience
Featured, Government
COR3 allocates $38M for Hurricane Fiona reconstruction projects
NIMB Staff March 21, 2025

COR3 reaffirmed its commitment to working closely with municipalities across Puerto Rico. #NewsismyBusiness

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Turmerico’s turmeric is grown at Finca Antillano de Rosario, processed at Finca Del Toro in Cabo Rojo and its seasoning blends are manufactured in Ponce.
Agriculture, Featured
San German’s Turmerico expands turmeric-based product line
NIMB Staff March 21, 2025

Turmerico is part of a growing movement to promote Puerto Rico's food production. #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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