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On Oct. 1, the United States officially entered a government shutdown. Contrary to expectations of turmoil, financial markets reacted with relative calm. (Credit: Paul Brady | Dreamstime.com)
Featured, Government
Shutdown’s third week tests US economy, market calm
NIMB Staff October 20, 2025

Birling Capital sees resilience amid political paralysis as data blackouts cloud economic signals and test investor patience. #NewsismyBusiness

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Artists gather for the launch of Maniobra 3.0 at Urbe Apie in Caguas, where the Centro de Economía Creativa and the Mellon Foundation announced a $10 million expansion of the cultural employment program.
Featured, Nonprofit organizations
Mellon, CEC invest $10M in Puerto Rico arts employment
NIMB Staff October 20, 2025

The new phase of the Maniobra program will support 50 artists and organizations across Puerto Rico, expanding its total investment to $22 million since 2022. #NewsismyBusiness

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The U.S. District Court for the District of Puerto Rico in San Juan
Featured, General Biz News
Lender seeks to foreclose $20M in commercial loans
NIMB Staff October 20, 2025

Foreclosure complaint targets Guaynabo and Carolina properties tied to $20 million loan default. #NewsismyBusiness

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From left, Bravo Family Foundation CEO Blanca Santos and Puerto Rican investor and philanthropist Orlando Bravo speak with members of the island’s press.
Featured, General Biz News
Orlando Bravo: Puerto Rico can lead AI-driven growth
NIMB Staff October 17, 2025

The island-born investor says Puerto Rico has the talent and vision to become a hub for software and artificial intelligence innovation. #NewsismyBusiness

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Instituto de Ojos in Carolina, Puerto Rico, is participating in a U.S. clinical study evaluating an implantable miniature telescope designed to improve vision in patients with late-stage age-related macular degeneration.
Featured, General Biz News
Instituto de Ojos joins US study on AMD treatment
NIMB Staff October 17, 2025

Carolina-based clinic partners with Samsara Vision in trial of implantable telescope for patients with advanced macular degeneration. #NewsismyBusiness

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Induniv Chairman Rafael Defendini
Featured, General Biz News
Induniv marks 40 years advancing Puerto Rico biosciences
NIMB Staff October 17, 2025

The island’s first pharmaceutical consortium celebrates four decades of innovation, collaboration and industry growth. #NewsismyBusiness

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From left: Family Department Secretary Suzanne Roig-Fuertes and Labor Secretary María del Pilar Vélez-Casanova outline the government’s assistance plan for displaced federal workers in Puerto Rico.
Featured, Government
Puerto Rico expands aid for displaced federal workers
NIMB Staff October 16, 2025

The Family and Labor secretaries detail food, childcare and employment support programs to help federal employees affected by suspensions and layoffs. #NewsismyBusiness

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Isla Bonita, one of Puerto Rico Ferry’s passenger vessels.
Featured, Tourism/Transportation
Record 1.4M ferry riders mark surge in Puerto Rico travel
NIMB Staff October 16, 2025

ATI reports a 12.5% increase as demand rises for Vieques and Culebra routes. #NewsismyBusiness

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Wilfredo Pereira, FirstNet Caribbean Territories manager, demonstrates FirstNet’s Mission Critical Push-to-Talk technology.
Featured, Telecommunications/Technology
Skytec, FirstNet expand safety network across Puerto Rico
NIMB Staff October 16, 2025

The partnership brings advanced communications to 77 municipalities, enhancing emergency response and interoperability for first responders. #NewsismyBusiness

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Transportation and Public Works Secretary Edwin González speaks at a press conference at La Fortaleza as Gov. Jenniffer González looks on to his left during the announcement of new government payment systems in San Juan.
Featured, Government
Puerto Rico gov’t launches systems to cut lines, ease payments
Maria Miranda October 15, 2025

Governor unveils digital and cash options to improve government services. #NewsismyBusiness 

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Industrial emissions in Puerto Rico are under renewed scrutiny after a University of Puerto Rico study linked long-term exposure to a higher risk of cancer across several municipalities. (Credit: Jeffrey Banke | Dreamstime.com)
Featured, General Biz News
Study links toxic emissions to higher cancer risk
NIMB Staff October 15, 2025

UPR researchers find correlation between industrial pollution and increased cancer cases across Puerto Rico. #NewsismyBusiness

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At El Mercadito de Luly in Hato Rey, the frita cubana — a seasoned Cuban-style burger topped with crispy shoestring potatoes — is the restaurant’s signature dish.
Featured, Lifestyle
The ‘frita cubana’ arrives in Hato Rey at El Mercadito de Luly
NIMB Staff October 15, 2025

Chef Luly Bustillo reinvents her culinary concept in Hato Rey’s Milla de Oro with a $150,000 investment, expanding her menu and creating 20 jobs. #NewsismyBusiness

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Prescription costs continue to climb as medical plan expenses in Puerto Rico are projected to rise 5.1% in 2026, driven by high-priced specialty drugs and treatments for chronic disease. (Credit: Steve Vanhorn | Dreamstime.com) pills, money
Featured, General Biz News
Medical costs to increase 5.1% in Puerto Rico next year
G. Torres October 14, 2025

Specialty drugs and chronic disease treatments are driving a modest uptick in employer-sponsored health care expenses across the island. #NewsismyBusiness

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A map from ABRE Puerto Rico’s 2023 Municipal Fiscal Health Index shows the fiscal status of the island’s municipalities, with many classified as “Solid” or “Healthy” and only a few “In Crisis,” reflecting overall improvement in local finances.
Featured, General Biz News
Puerto Rico towns show fiscal strength, ABRE finds
NIMB Staff October 14, 2025

The 2023 ABRE Puerto Rico Municipal Fiscal Health Index shows record-high municipal assets and steady progress in financial management across the island. #NewsismyBusiness

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Plaza de la Convalecencia in Río Piedras, one of two historic public spaces slated for restoration under San Juan’s district revitalization plan.
Featured, Government
San Juan opens bids for Río Piedras plaza upgrades
NIMB Staff October 14, 2025

The city’s $100 million revitalization plan continues with improvements to Plaza de la Convalecencia and Plaza del Pilar. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Thrift is definitely trending as a sector. We’re grateful for that because we use the proceeds from the goods sold in our stores to invest in programs that help people and communities.

 

Puerto Rico is a new market for us, with one store open and several others on the way, and the reception has been awesome.”

 

— Kent Kramer, CEO, Goodwill de Puerto Rico

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