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The upcoming event marks the second edition of the Puerto Rico Mortgage Fair.
In-Brief
Mortgage Bankers Association to host Mortgage Fair in June
NIMB Staff May 5, 2025

Event seeks to train industry members and offer options to buyers. #NewsismyBusiness

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The restored fire truck is expected to return to its permanent display at the Parque de Bombas museum after 12 weeks.
In-Brief
Mercedes-Benz of Ponce to restore historic fire truck at Parque de Bombas
NIMB Staff May 5, 2025

New dealership commits to cultural preservation with $25K restoration and 5-year service plan. #NewsismyBusiness

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The Vaca Negra plant expansion project, which adds 1,100 square feet and more efficient machinery to the facility, was funded through a $300,000 grant from the South West Dairy Business Innovation Initiative at the University of Tennessee, along with support from the Puerto Rico Department of Agriculture’s Family Markets program.
Featured, Small Business
Vaca Negra expands Hatillo plant, boosts cheese and yogurt production
Michelle Kantrow-Vázquez May 2, 2025

Puerto Rican dairy company doubles capacity with support from USDA grant and the local Agriculture Department. #NewsismyBusiness

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Featured, Nonprofit organizations
Enactus Puerto Rico celebrates its 20th anniversary
NIMB Staff May 2, 2025

The nonprofit also evaluated a record 56 entrepreneurship projects from students during its 2025 summit. #NewsismyBusiness

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The FCC also announced a temporary pause in broadband performance testing for PR Fund carriers during the first and second quarters of 2026.
Featured, Telecommunications/Technology
FCC eases reporting rules for Puerto Rico broadband carriers
NIMB Staff May 2, 2025

Temporary relief granted to PR Fund carriers on reporting standards and credit requirements through March 2026. #NewsismyBusiness

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Caguas Mayor William Miranda-Torres watches a student operate a remote-controlled robot during the opening of the LIFT Learning Lab.
In-Brief
LIFT opens advanced manufacturing Learning Lab in Puerto Rico
NIMB Staff May 2, 2025

The Detroit-based institute’s facility in Caguas will offer training in robotics and other high-demand skills. #NewsismyBusiness

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Rep. Gabriel Rodríguez-Aguiló, chairman of the House Health Committee, during a hearing on mislabeled cannabis products.
In-Brief
Puerto Rico House targets mislabeled cannabis products
NIMB Staff May 2, 2025

Lawmakers seek to restrict the products sold as hemp in unregulated locations. #NewsismyBusiness

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In-Brief
PMC Health Group marks 25 years with new name, strategic vision
NIMB Staff May 2, 2025

The rebranded agency unveils PMC Lecture Series and renewed focus on patient-centered communications. #NewsismyBusiness

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Among the higher-paying jobs in this group were detectives and criminal investigators, who earned $37.68 per hour, and transportation security screeners at $24.78.
Economy, In-Brief
San Juan Metro wages rise, but still trail US average by wide margin
NIMB Staff May 1, 2025

Health care and tech lead earnings growth, but low-wage sectors highlight persistent disparities. #NewsismyBusiness

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Héctor Morales-Martínez, president of the Puerto Rico Planning Board.
Featured, Government
Planning Board updates economic model with 2017 Input-Output Matrix
NIMB Staff May 1, 2025

The 2017 IOM shows growth in Puerto Rico’s service sector and a decline in manufacturing, with a 2022 update in development. #NewsismyBusiness

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SJT Manufacturing’s headquarters in Bayamón, Puerto Rico.
Featured, Manufacturing
SJT Manufacturing brings renewable energy production from China
NIMB Staff May 1, 2025

Bayamón-based firm strengthens Puerto Rico’s energy and supply chain resilience with reshoring move. #NewsismyBusiness

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Clients receive guidance on debt relief options as part of a broader path to financial recovery and stability.
Biz Views
Insight: Protect your financial stability — a courageous decision
Contributor May 1, 2025

In a rising-cost economy, bankruptcy may offer a responsible path to financial recovery and long-term stability. #NewsismyBusiness

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From left: Journalist Valeria Collazo-Cañizares, political analyst Jay Fonseca and Oriental President José Rafael Fernández during the first episode of the bank’s new podcast, “La Fórmula.”
In-Brief
Oriental debuts Puerto Rico’s first banking podcast, “La Fórmula”
NIMB Staff May 1, 2025

Monthly podcast aims to simplify financial topics and connect them to everyday life. #NewsismyBusiness

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Coral Cummings, director of government relations and public affairs at Walmart Puerto Rico, speaks during the launch of the “Descubre el atleta en ti” campaign.
In-Brief
Walmart Puerto Rico launches sports campaign to promote healthy living
NIMB Staff May 1, 2025

“Descubre el atleta en ti” includes school visits, media outreach and support from Puerto Rican athletes. #NewsismyBusiness

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A person hands over car keys during a vehicle handoff
Auto, Featured
Puerto Rico lawmakers review car-sharing services following authorization of Turo
NIMB Staff April 30, 2025

Lawmakers seek to evaluate the legal framework for peer-to-peer rental platforms. #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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