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Specialized water rescue and emergency equipment valued at $31,182 is displayed during a handover event by the Firehouse Subs Public Safety Foundation to the Municipality of Juana Díaz’s Emergency Management Office.
In-Brief
Firehouse Subs donates $31K in rescue gear to Juana Díaz first responders
NIMB Staff August 12, 2025

Foundation’s latest grant boosts islandwide support past $723K in 14 years. #NewsismyBusiness

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The Palmas Athletic Club in Humacao. (Credit: Palmas Athletic Club Facebook page)
Featured, General Biz News
Palmas Athletic Club in Humacao files Chapter 11 with $36.5M in debt
Michelle Kantrow-Vázquez August 11, 2025

Bankruptcy petition lists government agencies, banks and vendors among creditors. #NewsismyBusiness

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A downed utility pole in Puerto Rico highlights the importance of efficient disaster reporting systems such as the FCC’s DIRS, which help prioritize recovery efforts during major emergencies. (Credit: Sararmas | Dreamstime.com)
Featured, Telecommunications/Technology
FCC reviews disaster reporting rules to ease burdens on telecom providers
Michelle Kantrow-Vázquez August 11, 2025

Proposal aims to modernize DIRS, streamline reports and maintain critical alerts. #NewsismyBusiness

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Ports Authority Executive Director Norberto Negrón, center, walks through the airport facilities with employees.
Featured, Tourism/Transportation
Mercedita Airport begins $15.6M taxiway rehabilitation to boost operations
NIMB Staff August 11, 2025

Project aims to enhance safety, meet FAA standards and drive southern Puerto Rico’s growth. #NewsismyBusiness

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My Business Reads
‘Lead Boldly’ draws leadership lessons from Dr. Martin Luther King Jr.
Terri Schlichenmeyer August 11, 2025

Robert F. Smith’s book offers inspiration but leaves readers wanting more detail. #NewsismyBusiness

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Gross domestic product (GDP) is a key measure used in global rankings to compare the economic performance and living standards of countries and territories, including Puerto Rico. (Credit: Weerapat Wattanapichayakul | Dreamstime.com)
Biz Views
Puerto Rico’s place in global GDP rankings requires cautious interpretation
Contributor August 11, 2025

Estudios Técnicos examines Puerto Rico’s standing in global GDP rankings and context. #NewsismyBusiness

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Secretary Sebastián Negrón of the Department of Economic Development and Commerce, center, with new Young Entrepreneur decree holders.
In-Brief
DDEC awards 150 decrees to young entrepreneurs, launches ‘El Network’
NIMB Staff August 11, 2025

Initiative aims to strengthen Puerto Rico’s youth business community and cut red tape. #NewsismyBusiness

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FirstBank employees take part in the “Da Vida Caminando con Raymond” walk.
In-Brief
FirstBank calls on public to donate in support of Puerto Rico cancer patients
NIMB Staff August 11, 2025

Bank renews sponsorship of “Da Vida Caminando con Raymond” walk benefiting Hospital Oncológico. #NewsismyBusiness

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Claro Puerto Rico displays the 2025 awards from Ookla and Opensignal recognizing its performance in fastest fixed internet, best gaming experience and top mobile coverage on the island.
In-Brief
Claro tops Puerto Rico rankings for fastest fixed internet, mobile coverage
NIMB Staff August 11, 2025

Awards from Ookla and Opensignal cement company’s lead in both network sectors. #NewsismyBusiness

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Liberty Puerto Rico’s new headquarters in San Juan.
Featured, Telecommunications/Technology
Liberty Latin America plans separation of Puerto Rico, USVI operations
NIMB Staff August 8, 2025

Local units post 21% adjusted OIBDA growth as regional operations expand. #NewsismyBusiness

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Treasury Secretary Ángel Pantojas, left, speaks during a government briefing at La Fortaleza.
Featured, Government
Puerto Rico Treasury urges pension funding amid FOMB shake-up
Maria Miranda August 8, 2025

Island’s 2026 budget approved despite fiscal board upheaval. #NewsismyBusiness

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Featured, Government
Data platform launched to modernize Puerto Rico’s public finance
Maria Miranda August 8, 2025

New Data Intelligence System aims to improve transparency and coordination with fiscal board. #NewsismyBusiness

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The Asesores Financieros Universitarios program pairs university students and volunteer mentors with nonprofit organizations that need accounting and operational support.
Biz Views
Driving impact in Puerto Rico’s nonprofit sector: Join us at the IV Summit
Contributor August 8, 2025

AFC’s IV Summit to focus on innovation, ethics and resilience in nonprofit leadership. #NewsismyBusiness

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Michael Martucci, regional administrator for the U.S. Environmental Protection Agency
In-Brief
EPA orders Clean Water Act compliance at Rincón residential project
NIMB Staff August 8, 2025

Developers required to halt runoff and submit corrective action reports. #NewsismyBusiness

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From left: Jorge Escudero and Jorge Pagán, co-founders of Car Finder Genie; Yamil García-Díaz, president of the Cooperativa de Seguros Múltiples; and Jomar Martínez, executive president of Puerto Rico Federal Credit Union, during the launch of the Car Finder Genie digital vehicle marketplace in Puerto Rico.
In-Brief
Car Finder Genie, Seguros Múltiples team up to transform auto shopping
NIMB Staff August 8, 2025

New platform streamlines car buying, insurance and financing in one place. #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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