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In-Brief
Walmart Puerto Rico launches Open Call PR 2025
NIMB Staff August 25, 2025

Retailer seeks more local suppliers to replace imports and boost economy. #NewsismyBusiness

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FirstBank’s headquarters in San Juan, Puerto Rico
In-Brief
FirstBank invests $466M to boost inclusion, development
Michelle Kantrow August 22, 2025

Bank allocates funds across Puerto Rico, Florida, U.S. Virgin Islands. #NewsismyBusiness

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Evertec CEO Mac Schuessler
In-Brief
Evertec to acquire 75% stake in Brazil fintech Tecnobank
NIMB Staff August 22, 2025

Puerto Rico fintech invests $144M to expand Latin America reach. #NewsismyBusiness

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El Conquistador Resort in Fajardo. (Credit:Historic Hotels.org).
In-Brief
3 Puerto Rico hotels named finalists in 2025 excellence awards
NIMB Staff August 21, 2025

Condado Vanderbilt, El Convento and El Conquistador recognized. #NewsismyBusiness

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PenFed announced the addition of mobile cash deposits at Walgreens stores in Puerto Rico through its partnership with InComm Payments.
In-Brief
PenFed adds mobile cash deposit option in Puerto Rico
NIMB Staff August 21, 2025

Credit union partners with InComm Payments to expand access. #NewsismyBusiness

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Catholic Extension Society staff meets with Father Josué E. Colón-Claudio in front of the Parroquia y Santuario San Martín de Porres in Arecibo, one of the churches undergoing restoration.
In-Brief
4 Catholic churches in Puerto Rico to be restored with $269K
NIMB Staff August 21, 2025

Project expands recovery efforts to Arecibo and Lares, creating local jobs. #NewsismyBusiness

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In-Brief
Puerto Rico allocates $63.1M in new incentives to strengthen agriculture
NIMB Staff August 20, 2025

Governor announces expanded aid programs for dairy, cattle, poultry and more. #NewsismyBusiness

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In-Brief
Fly The Whale to launch daily nonstop flights between St. Croix, San Juan
NIMB Staff August 20, 2025

New service starts Sept. 15 with three daily round trips. #NewsismyBusiness

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SBA Atlantic Regional Administrator Matt Coleman, who oversees programs in New York, New Jersey, Puerto Rico and the U.S. Virgin Islands.
In-Brief
SBA opens nominations for 2026 National Small Business Week Awards
NIMB Staff August 20, 2025

Entrepreneurs have until Dec. 8 to submit entries for national recognition. #NewsismyBusiness

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In-Brief
UPR Utuado, Humacao win Enactus National Cup, advance to global stage
NIMB Staff August 19, 2025

Student teams to represent Puerto Rico at 2025 Enactus World Cup in Bangkok. #NewsismyBusiness

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United Retailers Association President Ramón C. Barquín III and Puerto Rico Economic Development Bank President Carmen A. Vega-Fournier sign a memorandum of understanding during the association’s annual convention in Ponce.
In-Brief
Puerto Rico retailers, EDB sign agreement to boost financing access
NIMB Staff August 19, 2025

Alliance will offer loans, training and guidance to nearly 5,000 members. #NewsismyBusiness

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Luis Puig, founder and partner of Validation & Engineering Group (V&EG), which was acquired by 3Boomerang Capital to expand its life sciences service platform, Pinnaql Inc.
In-Brief
Pinnaql buys Validation & Engineering Group to boost life sciences reach
NIMB Staff August 19, 2025

Acquisition strengthens Puerto Rico’s role in pharma, biotech and medical devices. #NewsismyBusiness

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An El Mesón Sandwiches restaurant
In-Brief
El Mesón invests $2.8M to open 44th restaurant, 4th in Mayagüez
NIMB Staff August 18, 2025

The new location adds 60 jobs and features sustainable design, tech upgrades and double drive-thru. #NewsismyBusiness

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Seasons by Caridad store at San Patricio Plaza in Guaynabo.
In-Brief
Farmacias Caridad opens Seasons by Caridad store at San Patricio Plaza
NIMB Staff August 18, 2025

The new concept store adds jobs and expands retail offerings with perfumes, toys and home goods. #NewsismyBusiness

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QUOTE OF THE WEEK:

“We’re very excited to welcome the Star of the Seas for the first time today to the San Juan Pier, as well as the Celebrity Beyond, which together bring more than 13,000 people, including passengers and crew.

 

This first visit of the Star of the Seas is estimated at approximately $600,000, and with the next five scheduled calls, it will exceed $3.5 million in direct economic impact.”

 

— Willianette Robles-Cancel, executive director, Puerto Rico Tourism Co.

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