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COR3 Executive Director Eduardo Soria-Rivera addresses agency officials during the “Reconstruction in Action” work session at the Puerto Rico Convention Center.
In-Brief
COR3 hosts session to guide agencies on FEMA-funded reconstruction work
NIMB Staff July 4, 2025

More than 100 officials gathered to review strategies and streamline execution. #NewsismyBusiness

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Businessman John Paulson and Puerto Rico Gov. Jenniffer González overlook the beach and iconic seashell-shaped structure at La Concha Resort in San Juan.
Featured, Tourism/Transportation
La Concha Resort joins Marriott’s Autograph Collection after $80.2M reno
Michelle Kantrow-Vázquez July 3, 2025

San Juan’s iconic oceanfront resort joins Marriott Bonvoy’s dynamic collection of independent hotels championing individuality. #NewsismyBusiness

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Airbnb reaffirmed support for clear short-term rental regulations as the number of occasional hosts in Puerto Rico continues to grow. (Credit: Tyler Oneill | Dreamstime.com)
Featured, Tourism/Transportation
Airbnb sees 10% growth in occasional hosts across Puerto Rico in 2024
NIMB Staff July 3, 2025

Platform highlights rise in part-time listings as flexible income source for locals. #NewsismyBusiness

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Headlands Research adds Puerto Rico to its network to offer sponsors access to more diverse clinical trial populations. (Credit: Alexander Raths | Dreamstime.com)
Featured, General Biz News
Headlands Research acquires San Juan-based CMRCenter to expand trials
NIMB Staff July 3, 2025

Acquisition brings the local operation’s strong performance into global research network. #NewsismyBusiness

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Bravo Pathway is part of the Bravo Family Foundation’s efforts to expand education access and support public high school students across Puerto Rico.
In-Brief
Bravo Family Foundation launches Bravo Pathway program
NIMB Staff July 3, 2025

Initiative aims to expand educational horizons for public high school students. #NewsismyBusiness

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From left, Chuck Page, Liberty vice president of technical operations, and Víctor Vera, engineering director for Puerto Rico and the U.S. Virgin Islands, stand in front of backup batteries at the company’s core platform site in San Juan.
Featured, Telecommunications/Technology
Liberty Puerto Rico deploys low-frequency spectrum to improve coverage
Dennis Costa July 2, 2025

New 600 megahertz band improves indoor coverage and expands its mobile network. #NewsismyBusiness

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GE Vernova says its LM2500XPRESS gas turbine package is 95% factory assembled for faster site installation. (Credit: GE Vernova)
Featured, General Biz News
GE Vernova turbines to deliver 244 MW, boost Puerto Rico grid reliability
NIMB Staff July 2, 2025

Six LM2500XPRESS units ordered to modernize PREPA plants in Daguao, Jobos and Yabucoa. #NewsismyBusiness

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More than 80 interns from eight Puerto Rico universities will work in areas such as engineering, capital programs and smart grid technology, LUMA officials said.
In-Brief
LUMA welcomes 80+ interns to support energy system transformation
NIMB Staff July 2, 2025

The 2025 Summer Internship Program integrates students into key power grid projects. #NewsismyBusiness

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De la Cruz Ogilvy earned Puerto Rico’s first Silver Lion in the Pharma category at the 2025 Cannes Lions Festival for its “Glowing Relief” campaign for Alivia Health.
In-Brief
De la Cruz Ogilvy marks 40 years with Cannes Lions 2025 Festival win
NIMB Staff July 2, 2025

The Puerto Rican agency celebrates four decades of creativity and a Silver Lion in Pharma, a first for the island. #NewsismyBusiness

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Puerto Rico’s $52.9 billion public debt as of June 30, 2022, included $32.5 billion in primary government debt and $20.4 billion from component units, led by the Puerto Rico Electric Power Authority. (Source: GAO-25-107560)
Featured, Government
GAO finds $1.9B Puerto Rico surplus, warns of unresolved PREPA debt
NIMB Staff July 1, 2025

While Puerto Rico strengthens its financial position, pending electric utility restructuring and population loss remain key threats to long-term stability. #NewsismyBusiness

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The site was originally approved for a 192-unit development called Playa Bahía. (Credit: Christiansen Commercial)
Featured, General Biz News
Loíza beachfront site with 60 apartments listed for $3.5M redevelopment
NIMB Staff July 1, 2025

Partially built Playa Bahía project offers opportunity in housing and tourism. #NewsismyBusiness

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Cooking with my Doctor products are now available at El Market stores inside Luis Muñoz Marín International Airport
Featured, Retail
Cooking with my Doctor lands airport deal, expands to US Walmart stores
NIMB Staff July 1, 2025

The company unveiled three new additions to its “Pónselo a” seasoning line at the 2025 MIDA Conference and Food Show. #NewsismyBusiness

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From left: Natalie Claudio of Jóvenes de Puerto Rico en Riesgo; Maritza Abadía, president of Banesco USA Puerto Rico; Raquel Skerett of Vitrina Solidaria; and Giovanna Piovanetti of Corporación para el Financiamiento Empresarial de los Comerciantes y de las Comunidades
In-Brief
Banesco USA grants $22K to nonprofits aiding vulnerable communities
NIMB Staff July 1, 2025

Eight organizations in Puerto Rico receive funds to support social, educational and economic programs. #NewsismyBusiness

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Students at the University of Puerto Rico, Mayagüez Campus, are building and testing lightweight drone attachments for real-world environmental monitoring applications.
In-Brief
LIFT taps Puerto Rico engineering students for defense drone initiative
NIMB Staff July 1, 2025

UPR-Mayagüez students develop and test drone technology for defense and monitoring applications. #NewsismyBusiness

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As part of the agreement, Electricoop and Genera PR have carried out maintenance, repairs and testing of key relays and transformers at the Palo Seco, Aguirre and Aguirre combined cycle power plants.
In-Brief
Genera PR partners with Electricoop to boost grid reliability, local jobs
NIMB Staff July 1, 2025

Agreement supports transformer maintenance at key plants, expands local contractor use. #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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