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Puerto Rico households enter the holiday season with tighter budgets and rising financial strain. (Credit: Kiosea39 | Dreamstime.com)
Featured, General Biz News
Holiday debt pressures Puerto Rico wallets in 2025
G. Torres November 26, 2025

Consumers enter the shopping season with rising delinquencies, shrinking savings and growing reliance on credit. #NewsismyBusiness

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Adriana Pérez and Melanie Filiberti, of Ilumi-Nation Lights Decor, during the EnterPRize Business Competition’s 20th-anniversary awards ceremony.
Featured, General Biz News
Guayacán invests $400K+ in EnterPRize’s 20th cohort
NIMB Staff November 25, 2025

EnterPRize marks two decades by awarding seed funding and supporting 12 emerging Puerto Rico businesses across multiple industries. #NewsismyBusiness

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Orlando Bravo, founder and managing partner of Thoma Bravo
Featured, General Biz News
Bravo urges future investors: ‘Do your own thing’
NIMB Staff November 21, 2025

On Stanford’s View From The Top podcast, Orlando Bravo reflects on his rise from Puerto Rico to leading a $200 billion private equity firm, offering lessons on risk, resilience and opportunity. #NewsismyBusiness

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Letras Boricuas released the 2025 cohort of 24 fellows, a group of Puerto Rican writers based on the island and in the diaspora whose work spans fiction, poetry, drama and creative nonfiction.
Featured, Nonprofit organizations
Mellon, Flamboyán award $600K to 2025 Letras Boricuas cohort
NIMB Staff November 20, 2025

Twenty-four Puerto Rican writers across genres will receive $25,000 each to support their creative work and expand the island’s literary ecosystem. #NewsismyBusiness

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24 Marketplace restaurant in Hato Rey, San Juan, remains open as RB Marketplace Inc. reorganizes under Chapter 11.
Featured, General Biz News
24 Marketplace co-founder takes charge under Chapter 11
NIMB Staff November 14, 2025

Báez de Jesús leads the company’s restructuring as president faces corruption case. #NewsismyBusiness

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Hernán A. Vera-Rodríguez, director of the Observatorio de Sociedad, Gobernanza y Políticas Públicas at the Pontifical Catholic University of Puerto Rico in Ponce, and co-investigators Jennifer Castellanos-Barreto and Laura Pietri-Gómez present the findings of their two-year study on generational differences in Puerto Rico’s workforce.
Featured, General Biz News
PUCPR study reveals generational gaps in Puerto Rico’s workforce
NIMB Staff November 13, 2025

The research project found that younger workers prioritize flexibility and higher pay but are more likely to leave their jobs, while Generation X shows stronger engagement and work ethic. #NewsismyBusiness

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On right, Ricardo E. Ríos-Flores, president of Commercial Equipment Finance Inc.
Featured, General Biz News
CEFI issues $122M in equipment-backed notes in 3rd deal
NIMB Staff November 13, 2025

The transaction, led by KeyBanc Capital Markets, was oversubscribed, reaffirming investor confidence in the Puerto Rico-based lender’s portfolio strength. #NewsismyBusiness

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Shed, a wellness and weight-management company based in Salt Lake City, announces the launch of its services in Puerto Rico.
Featured, General Biz News
Shed enters Puerto Rico’s wellness, weight-management market
NIMB Staff November 12, 2025

The Utah-based health company launches personalized weight-management programs and clinician-guided services across the island. #NewsismyBusiness

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Buenos Ayres houses a restaurant, market, bar, dining area, bakery offering Argentinian and local products, and a wine cellar.
Featured, General Biz News
Buenos Ayres restaurant in Punta Las Marías on sale for $2.3M
NIMB Staff November 7, 2025

The property listing notes that it has six bathrooms, 40 parking spaces, a 125,000 electric generator and two cisterns, a camera system, alarm and three-phase substation. #NewsismyBusiness

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A modular unit is lifted into place at Rovex’s 81-room workforce lodging project in San Juan, Puerto Rico, which is financed by Monllor Capital Partners.
Featured, General Biz News
Monllor, Rovex to build 81-room modular workforce lodge in San Juan
NIMB Staff November 6, 2025

The facility aims to ease Puerto Rico’s worker-housing shortage as federal projects accelerate. #NewsismyBusiness

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The U.S. District Court for the District of Puerto Rico in San Juan, where the lawsuit against Fahad and Amir Ghaffar remains pending.
Featured, General Biz News
Ghaffar legal team says investor lawsuit lacks merit
Michelle Kantrow-Vázquez November 5, 2025

Attorneys claim the filing mirrors tactics used in John Paulson’s ongoing court disputes and seek to influence related cases. #NewsismyBusiness

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The case, in which investor Michael Tennenbaum accuses Fahad and Amir Ghaffar of defrauding him through a failed technology investment, has been assigned to Senior Judge Francisco A. Besosa at the U.S. District Court for the District of Puerto Rico. (Credit: Zimmytws | Dreamstime.com)
Featured, General Biz News
Investor sues Ghaffar brothers over failed tech venture
NIMB Staff November 4, 2025

Tennenbaum alleges the pair deceived him into a $4.4M investment in a failed tech firm. #NewsismyBusiness

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Hipódromo Camarero in Canóvanas, where the Puerto Rico Horse Owners Association filed a federal lawsuit alleging exclusion from wagering revenues and anticompetitive practices by track officials and the Confederación Hípica de Puerto Rico. (Credit: Discover Puerto Rico)
Featured, General Biz News
Horse owners sue Camarero, allege exclusion scheme
NIMB Staff November 4, 2025

PRHOA claims its members were unlawfully cut off from wagering proceeds to coerce them into joining a rival association. #NewsismyBusiness

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A Mastercard–Endeavor survey found that Puerto Rican entrepreneurs see community and networking as the island’s top business advantages, followed by proximity to markets and competitive operating costs.
Featured, General Biz News
Study: Puerto Rico startups surge despite capital limits
NIMB Staff October 30, 2025

Mastercard–Endeavor report finds record growth, rising revenues and a maturing innovation ecosystem driven by talent and resilience. #NewsismyBusiness

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The Puerto Rico No Se Vende coalition released “Dolor y lucro: los inversionistas con múltiples exenciones contributivas que empobrecen a Puerto Rico” (“Pain and Profit: Investors with Multiple Tax Exemptions that Impoverish Puerto Rico”), a study examining the impact of the island’s tax incentive system.
Featured, General Biz News
Study: Puerto Rico lost $18B to investor tax incentives
NIMB Staff October 29, 2025

The Puerto Rico No Se Vende coalition warns of deepening inequality as the government expands audits to curb noncompliance under Act 60. #NewsismyBusiness

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QUOTE OF THE WEEK:

“We’ve seen an increase in bankruptcy filings, which leads us to conclude that many consumers haven’t been able to cope with credit card debt that piled up from last year’s holiday season.

 

We expect that the number of bankruptcies in 2026 will either surpass or remain similar to this year’s figures because of the ongoing economic crisis.”

 

— Yesenia Otero, client services manager,  Consumer

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