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Evertec Inc. is based in San Juan, Puerto Rico.
Featured, General Biz News
Evertec posts 11% revenue growth in Q1, driven by market expansions
NIMB Staff May 9, 2025

The company reported $228.8M in revenue and 105% increase in net income. #NewsismyBusiness

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The Coffee has opened two new locations in Puerto Rico.
Featured, General Biz News
The Coffee debuts in Puerto Rico with stores in San Juan, Barceloneta
NIMB Staff May 9, 2025

Grupo Avilés leads the $400,000 investment to bring the international brand to the local market. #NewsismyBusiness

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In-Brief
PRCDE launches to boost capital access in island’s underserved areas
NIMB Staff May 9, 2025

The entity plans to deploy New Markets Tax Credit equity to support projects in Puerto Rico. #NewsismyBusiness

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Carolina Coto, communications manager for Uber in Central America and the Caribbean
In-Brief
Uber, Discover Puerto Rico make drivers tourism ambassadors
NIMB Staff May 9, 2025

More than 5,000 drivers and local restaurants join initiative to promote Puerto Rican culture and cuisine. #NewsismyBusiness

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From left: Gilberto Guasp of Arco Publicidad and Jesús Cruz-Arce, CEO of ARC
In-Brief
ARC, Arco launch Project PRospect to boost student-athletes
NIMB Staff May 9, 2025

The program aims to help Puerto Rico’s next generation of athletes turn their passion into long-term, sustainable careers. #NewsismyBusiness

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Estudios Técnico’s report notes that 39.2% of seniors in Puerto Rico live below the poverty line.
Economy, Featured
Puerto Rico’s aging population hits 770,861 as challenges intensify
NIMB Staff May 8, 2025

One in four Puerto Ricans is 65 or older, raising concerns over poverty, health care and housing. #NewsismyBusiness

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Featured, General Biz News
Puerto Rico’s creative industries export $120M, face workforce decline
NIMB Staff May 8, 2025

The sector sees educational growth but struggles with declining employment and trade deficit, according to the Puerto Rico Institute of Statistics. #NewsismyBusiness

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Visitors to Apidarios Caraballo take guided tours to learn about honey production, and the business is expanding with a new theme park that will include lodging.
Agriculture, Featured
Agrohack 2025 event to spotlight booming agritourism industry
Michelle Kantrow-Vázquez May 8, 2025

The event will provide a platform for industry leaders, young farmers and business partners to explore new opportunities for growth. #NewsismyBusiness

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Located on the first level of Plaza Las Américas below the cinemas, the redesigned 5,835-square-foot Applebee’s can now accommodate 252 guests.
In-Brief
Applebee’s reopens in Plaza Las Américas following $1M renovation
NIMB Staff May 8, 2025

The revamped location features a modern design, local craft beer and a diverse menu. #NewsismyBusiness

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Students will work alongside AD&V professionals on sustainability focused projects, building problem-solving and critical-thinking skills.
In-Brief
Álvarez-Díaz & Villalón launches fall internship program
NIMB Staff May 8, 2025

AD&V’s immersive program offers hands-on experience in sustainable design and architecture. #NewsismyBusiness

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Signature dishes at Toru Modern Asian include reimagined classics from Japanese, Chinese, Thai and Korean cuisines.
In-Brief
Grupo Pepe invests $225K to open Toru Modern Asian in Montehiedra
NIMB Staff May 8, 2025

The 1,000-square-foot restaurant creates 20 direct and 15 indirect jobs while offering a modern take on Asian cuisine. #NewsismyBusiness

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Construction of the $759 million gas-to-energy plant in Guyana’s West Bank Demerara region, developed in part by Puerto Rico-based CH4 Systems.
Featured, General Biz News
Puerto Rico-based CH4 Systems wins EXIM award for $759M energy project in Guyana
Dennis Costa May 7, 2025

CEO Juan Bellosta says the 300-megawatt gas-to-energy plant could cut energy costs by half and power the entire country. #NewsismyBusiness

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El Convento Hotel, owned and operated by International Hospitality Enterprises, was inducted into Historic Hotels of America in 1999 and remains one of the oldest buildings on the list.
Featured, Tourism/Transportation
El Convento Hotel earns top spot for historic adaptive reuse
NIMB Staff May 7, 2025

Puerto Rico’s iconic former convent ranks No. 1 on the 2025 list of Historic Hotels of America. #NewsismyBusiness

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Puerto Rico Housing Secretary Ciary Pérez-Peña said the end of the Homebuyer Assistance Program application period does not mean funds have been exhausted.
Featured, Government
Puerto Rico Housing Dept. to phase out buyer assistance program
NIMB Staff May 7, 2025

More than 13,700 families have benefited from the HBA program; new housing initiative in development. #NewsismyBusiness

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Mariano Formariz, general manager of the San Juan Marriott Resort & Stellaris Casino, speaks during the hotel’s 30th anniversary celebration.
Featured, Lifestyle
San Juan Marriott celebrates 30 years of hospitality and transformation
NIMB Staff May 7, 2025

Condado resort marks milestone with art, music, cuisine, and a multimillion-dollar renovation. #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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