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In-Brief
Avianca announces new Costa Rica/Puerto Rico route
NIMB Staff January 15, 2025

The new connection to Central America will generate $6 million for Puerto Rico’s economy during its initial season. #NewsismyBusiness

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In-Brief
New stores open at Plaza Las Américas, Plaza Del Caribe malls
NIMB Staff January 15, 2025

Both malls will feature new shopping options in 2025. #NewsismyBusiness

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In-Brief
Deadline approaching to apply to Science Trust’s NIIMBL eXperience
NIMB Staff January 14, 2025

The Puerto Rico Science, Technology, and Research Trust and NIIMBL are offering a unique and free opportunity for STEM university students this summer. #NewsismyBusiness

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In-Brief
Nonprofit marks decade of local environmental, community impact
NIMB Staff January 13, 2025

Looking ahead, Alma de Bahía remains steadfast in its mission to build a greener, more resilient Puerto Rico. #NewsismyBusiness

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In-Brief
Uber to pick-up and drop-off at El Escambrón during San Sebastián Festival
NIMB Staff January 10, 2025

Last year, the platform helped mobilize more than 14,000 people during the festivities. #NewsismyBusiness

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In-Brief
Sky Tower challenges permit denial for telecom facility in Moca
NIMB Staff January 9, 2025

The outcome of the lawsuit could set a precedent for similar projects on the island. #NewsismyBusiness

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In-Brief
USDA Rural invested $1.1M in housing assistance in Puerto Rico
NIMB Staff January 9, 2025

The subsidies were approved in Fiscal 2025. #NewsismyBusiness

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In-Brief
Wovenware becomes Maxar Intelligence in Puerto Rico
NIMB Staff January 9, 2025

Wovenware name is retired but Puerto Rico office continues to support mission-critical software and AI development for Maxar’s geospatial intelligence products. #NewsismyBusiness

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In-Brief
Impacto Communications marks 15 anniversary in advertising industry
NIMB Staff January 7, 2025

The agency offers an ecosystem of advertising and marketing services. #NewsismyBusiness

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In-Brief
Oriental OKs $3.5M financing for The Lounge Events Furniture Rental
NIMB Staff January 6, 2025

The company will use the money to buy an industrial property in Carolina. #NewsismyBusiness

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In-Brief
Mr. Special chooses Culture Create as its new advertising agency
NIMB Staff January 6, 2025

This marks the first time the supermarket chain has partnered with an external advertising agency to drive the growth of its business. #NewsismyBusiness

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In-Brief
CSL Plasma marks 1st year in Puerto Rico with $25M+ invested to date
NIMB Staff January 3, 2025

CSL Plasma donation centers that are mature and fully operational annually contribute about $4 million or more in economic activity. #NewsismyBusiness

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In-Brief
1st Vegan Paradise Fest to be held at Puerto Rico Convention Center
NIMB Staff January 2, 2025

The event will include workshops, dishes and products made from plants, as well as a second-hand clothing market. #NewsismyBusiness

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In-Brief
FEMA assigns $22M to rescue part of Isla Grande’s historic naval base
NIMB Staff December 31, 2024

The breakdown of the work includes the demolition and construction of the dry dock and hangar, among other projects. #NewsismyBusiness

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In-Brief
MPC Energy sells power plant in Caguas for $4M
NIMB Staff December 31, 2024

As a result of the sale, the MPC Energy will incur a non-cash write-off on its investment of about $5 million on the project’s book value in 2024. #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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