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The Integrated Transportation Authority will use the federal funds to rehabilitate the Maritime Transportation Maintenance Base in Puerto Rico, enabling in-house vessel repairs and dry dock work.
Featured, Tourism/Transportation
Puerto Rico to get $1.2M in federal ferry boat program funding
Michelle Kantrow-Vázquez August 14, 2025

Part of $175M awarded nationwide to improve and expand ferry services. #NewsismyBusiness

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Puerto Rico customers lost 26 to 30 hours of power annually from 2021 to 2024 without major events, with hurricanes pushing totals up to 200 hours. (Credit: U.S. Energy Information Administration)
Featured, General Biz News
EIA: Puerto Rico bears 27 hours of annual outages even without hurricanes
NIMB Staff August 14, 2025

System reliability data shows island’s power interruptions far exceed U.S. average, the U.S. Energy Information Administration says. #NewsismyBusiness

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United Retailers Association President Ramón C. Barquín
In-Brief
CUD, Nave Bank partner to boost access to capital for SMEs in Puerto Rico
NIMB Staff August 14, 2025

Alliance aims to give CUD’s 5,000+ members access to financial products for small and medium-sized businesses. #NewsismyBusiness

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The Centro Residencial de Oportunidades Educativas de Ceiba (CROEC), or Ceiba Residential Center for Educational Opportunities, in Ceiba, Puerto Rico, was one of RCMDO Arquitectos’ early works. (Credit: CROEC Facebook)
In-Brief
RCMDO Arquitectos marks growth with commitment to transformation
NIMB Staff August 14, 2025

Firm expands reach while increasing participation in projects with a cultural and economic impact. #NewsismyBusiness

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The San Juan headquarters now operated by LUMA Energy when it beared the former Puerto Rico Electric Power Authority signage. (File photo)
Featured, Government
PREPA debt, fiscal board shake-up raise concerns, firm CEO warns
NIMB Staff August 13, 2025

Birling Capital’s Rodríguez-Castro cites risks to Puerto Rico energy plans. #NewismyBusiness

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Featured, General Biz News
True Management sues Olein Recovery over $500K contract breach claim
NIMB Staff August 13, 2025

Lawsuit alleges Puerto Rico distributor violated exclusivity, withheld payments. #NewsismyBusiness

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Biz Views
The secret weapon transforming organizational change
Contributor August 13, 2025

Why systemic coaching is crushing generic AI in change management. #NewsismyBusiness

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A deteriorated industrial building in the El Vigía Ward Industrial Park in Arecibo is being demolished by the Puerto Rico Industrial Development Company as part of its plan to clear 33 structures on the island for redevelopment. (Credit: PRIDCO)
In-Brief
PRIDCO speeds up demolitions to attract new manufacturing investment
NIMB Staff August 13, 2025

Agency targets 33 damaged industrial buildings in Puerto Rico to prepare sites for redevelopment. #NewsismyBusiness

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A worker pours steamed milk at Indulac’s facility in Puerto Rico, where the cooperative produces shelf-stable dairy products for local and export markets.
In-Brief
Indulac strengthens market leadership with sustained growth, expansion
NIMB Staff August 13, 2025

Company invests $20 million to modernize operations and strengthen UHT milk market position. #NewsismyBusiness

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FirstBank volunteers plant native trees along Puerto Rico’s northern coast as part of the Rescate Costero (Coastal Rescue) program, which aims to combat coastal erosion and reduce carbon emissions.
In-Brief
FirstBank reports major sustainability gains in 2024 recycling, energy use
NIMB Staff August 13, 2025

Bank’s initiatives cut emissions, conserve resources and restore coastal areas. #NewsismyBusiness

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Porsche Center Puerto Rico in San Juan is operated by Gómez Hermanos Paulson.
Auto, Featured
Porsche PR posts 27% sales jump, plans 911 GT3 launch, dealership redesign
NIMB Staff August 12, 2025

Brand adds local service provider, education partnerships and community events. #NewsismyBusiness

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La Chocolatería, winner of the 2024 Travesía al Éxito Empresarial competition for small businesses in Puerto Rico.
Featured, General Biz News
Travesía al Éxito offers $20K, year-long Plaza Las Américas kiosk to winner
NIMB Staff August 12, 2025

Fifth edition expands prizes, extends benefits and adds exposure for finalists. #NewsismyBusiness

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An illustration shows the role of artificial intelligence and digital tools in transforming municipal governance. (Credit: Jittawit Tachakanjanapong | Dreamstime.com)
Biz Views
Can AI revolutionize Puerto Rico’s municipalities? TopDoerr AI thinks so
Contributor August 12, 2025

Local tech firm sees automation as key to efficiency, cost savings and growth. #NewsismyBusiness

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In-Brief
Science Trust earns Esri award for dengue response GIS innovation
NIMB Staff August 12, 2025

Recognition highlights cutting-edge geospatial tools protecting public health. #NewsismyBusiness

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Integra Design Group founding partners Richard Cuebas and Carlos Báez speak during the firm’s 25th anniversary celebration.
In-Brief
Integra Design Group marks 25 years, $3.5B in projects across regions
NIMB Staff August 12, 2025

Puerto Rico-based firm celebrates legacy of innovation, growth and resilience. #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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