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Héctor Morales-Martínez, president of the Puerto Rico Planning Board.
Featured, Government
Puerto Rico Planning Board releases draft of $11.8B 4-year investment plan
Maria Miranda June 24, 2025

PICA outlines priority projects in infrastructure, economic and social development. #NewsismyBusiness

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Puerto Rico United Retailers Association (CUD, in Spanish) President Ramón Barquín is opposing legislation to reduce the size of permit-exempt business signs. (File photo)
Featured, Government
CUD opposes bill to reduce business sign size in Puerto Rico
Maria Miranda June 20, 2025

The United Retailers Association warns that the proposed change would raise costs for small businesses. #NewsismyBusiness

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Puerto Rico Economic Development Bank President Carmen Vega-Fournier
Featured, Government
Puerto Rico’s Economic Development Bank streamlines lending efforts
NIMB Staff June 20, 2025

Agency cuts loan processing time, expands strategic agreements and services. #NewsismyBusiness

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From left: Puerto Rico Economic Development Bank President Carmen A. Vega-Fournier and Zoimé Álvarez-Rubio, executive vice president of the Puerto Rico Bankers Association, testify on House Bill 701.
Featured, Government
Economic Development Bank backs expanding consumer lending powers
NIMB Staff June 18, 2025

BDE president defends proposal as bankers warn it risks straying from mission. #NewsismyBusiness

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Arecibo Mayor Carlos Ramírez Irizarry plans improvements to municipal infrastructure and government services.
Featured, Government
Arecibo responds to ADA lawsuit with accessibility improvement plan
NIMB Staff June 17, 2025

Mayor pledges upgrades at City Hall, public spaces after legal filing. #NewsismyBusiness

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A restaurant worker prepares a sandwich for delivery. A new resolution in Puerto Rico’s House of Representatives calls for an investigation into how food delivery apps set prices and fees.
Featured, Government
Puerto Rico lawmaker calls for probe into food delivery app pricing
Maria Miranda June 16, 2025

Resolution would task the House Consumer Affairs Committee with reviewing platforms like Uber Eats and DoorDash. #NewsismyBusiness

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Ponce Mayor Marlese Sifre-Rodríguez speaks during the tourism forum held in New York to advocate for broader promotion of Puerto Rico’s municipalities.
Featured, Government
Mayors call for greater promotion of tourism in Puerto Rico’s towns
NIMB Staff June 16, 2025

Municipal leaders urge Discover Puerto Rico to spotlight local attractions. #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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From left: Wilmarie de Jesús, policy analyst at Espacios Abiertos, and Daniel Santamaría-Ots, co-director of the nonprofit.
Featured, Government
Puerto Rico EITC cuts could hit retirees, young adults, report warns
Eduardo San Miguel Tió May 29, 2025

Espacios Abiertos warns $400 million reduction may undermine labor force incentives. #NewsismyBusiness

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Puerto Rico’s Department of Economic Development and Commerce led a trade mission to the Dominican Republic, where Puerto Rican business leaders met with Dominican officials and companies to explore export and investment opportunities.
Featured, Government
Puerto Rico completes successful trade mission to Dominican Republic
Maria Miranda May 27, 2025

DDEC reports $3 million in projected sales from 22 participating companies. Puerto Rico’s Department of Economic Development and Commerce (DDEC, in Spanish) recently led a trade mission to the Dominican Republic aimed at expanding economic and commercial ties between the neighboring islands. DDEC Secretary Sebastián Negrón-Reichard, accompanied by more than 20 small and medium-sized enterprise […]

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Mercadito is designed to streamline how Puerto Rico government agencies purchase goods and services through a centralized digital platform, officials said. (Screen capture)
Featured, Government
GSA launches Mercadito, 1st gov’t e-commerce platform in LatAm
NIMB Staff May 23, 2025

New system offers agencies access to 25,000 products and services with streamlined, transparent procurement. #NewsismyBusiness

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The Community Resilience Estimates Viewer shows social vulnerability by census tract in Puerto Rico in the event of a natural disaster.
Featured, Government
US Census: More than half of Puerto Rico residents face high disaster risk
NIMB Staff May 20, 2025

New Community Resilience Estimates highlight towns most at risk from natural hazards. #NewsismyBusiness

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Sen. Ada Álvarez-Conde introduced Senate Bill 483 to convert vacant public schools into affordable housing in Puerto Rico, noting that while many focus on abandoned houses, her bill targets unused government buildings.
Featured, Government
Senate bill proposes turning vacant buildings into affordable housing
Maria Miranda May 20, 2025

Puerto Rico Sen. Álvarez-Conde’s measure would prioritize closed schools. #NewsismyBusiness

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The State Insurance Fund Corp. in Puerto Rico will launch a mobile app July 1 to help employers manage policies and payments more easily.
Featured, Government
CFSE to launch mobile app for Puerto Rico employers starting July 1
NIMB Staff May 20, 2025

New digital tool will streamline payroll, certifications and policy access for more than 120,000 businesses. #NewsismyBusiness

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The $13.1 billion General Fund excludes special revenue and federal funds. With those included, Puerto Rico’s total consolidated budget for fiscal year 2026 is $32.6 billion.
Featured, Government
OBoard submits $13.1B budget for FY2026 developed with local gov’t
NIMB Staff May 15, 2025

More than 64% of General Fund allocated to education, health care, public safety and pensions. #NewsismyBusiness

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QUOTE OF THE WEEK:

“After 10 years of Act 247-2015 [Law for the Promotion of Reusable Bags and the Regulation of the Use of Plastic Bags], we must seriously examine whether public policy has produced the expected effects.

 

We need to see the full picture: protecting the environment, weighing costs for consumers and ensuring viability for retailers. Our duty is to consider amendments or new strategies that bring a fair and effective balance for Puerto Rico.”

 

— Sen. Nitza Morán, chairwoman, Puerto Rico Senate Committee on Economic Development, Small Business, Banking, Commerce, Insurance and Cooperativism

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