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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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The Puerto Rico Treasury Department headquarters in San Juan
Economy, Featured
Study: ​​Puerto Rico tax load rivals that of US states
NIMB Staff August 20, 2025

Island’s combined taxes exceed those in 24 states, despite no federal income tax on wages. #NewsismyBusiness

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Telehealth research under the HEAL Puerto Rico project seeks to address physician shortages and expand equitable access to care. (Credit: Miriam Doerr | Dreamstime.com)
Featured, General Biz News
Puerto Rico unveils 1st patient-centered telehealth research road map
NIMB Staff August 20, 2025

Impactivo and Fundación Agenda Ciudadana lead initiative to improve access. #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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Economy, Featured
Report warns stalled recovery, fragile grid threaten Puerto Rico
NIMB Staff August 19, 2025

Puerto Rico’s economic outlook shows signs of both promise and peril, according to data compiled by Francisco Rodríguez-Castro of Birling Capital, as the island contends with stalled federal reconstruction funds, persistent inequality and a governance crisis following President Donald Trump’s dismissal of nearly all members of the Financial Oversight and Management Board. The analysis, shared […]

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Construction activity in Puerto Rico has recently exceeded expectations. (Credit: Rafael Ben Ari | Dreamstime.com)
Featured, General Biz News
Puerto Rico construction index grows in May despite rising cost pressures
NIMB Staff August 19, 2025

Industry activity posts second consecutive monthly gain but faces risks from tariffs, high interest rates and reduced public investment. #NewsismyBusiness

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Featured, Telecommunications/Technology
T-Mobile, Claro and Liberty dominate Puerto Rico connectivity in H1 2025
NIMB Staff August 19, 2025

Ookla report highlights top performers in mobile, fixed internet and streaming quality across the island. #NewsismyBusiness

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The National Oceanic and Atmospheric Administration (NOAA) forecasts 19 named storms in the 2025 Atlantic season, with up to nine hurricanes — four of them major, Category 3 or stronger. (Credit: Mariusz Burcz | Dreamstime.com)
Biz Views
Hurricane season is here: Let’s prepare together
Contributor August 19, 2025

SBA outlines disaster loans and resources as NOAA forecasts active season. #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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Featured, General Biz News
NBA preseason game to bring $8.3M boost, says entrepreneur Julio Cabral
Michelle Kantrow-Vázquez August 18, 2025

Grupo DRDG founder sees entertainment and exports as key to Puerto Rico’s growth. #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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