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The Federal Reserve building in Washington, D.C.
Banking, Featured
Federal Reserve bans ex-Banco Popular official over embezzlement
NIMB Staff April 2, 2025

Nicolás Pérez-Alvarado pleaded guilty to misappropriating nearly $20,000 while serving as deputy operations manager in Puerto Rico. #NewsismyBusiness

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The energy system will provide reliable power for the Isla Grande terminal’s daily operations, including equipment, refrigerated containers, and administrative and maintenance facilities.
In-Brief
Crowley adds LNG-fueled microgrid to San Juan terminal
NIMB Staff April 2, 2025

Plans for the microgrid follow as Crowley launched operation of American Energy. #NewsismyBusiness

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After launching its Intelligent Banking platform and integrating Apple Pay in Puerto Rico, Oriental has continued developing digital tools aimed at streamlining services.
In-Brief
Oriental on shortlist for Banking Tech Awards USA 2025
NIMB Staff April 2, 2025

The winners will be announced at a ceremony in late May in New York. #NewsismyBusiness

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Grupo Guayacán Executive Director Laura Cantero speaks during the launch of the university-level I-Corps course at Sacred Heart University.
In-Brief
Sacred Heart, Grupo Guayacán launch I-Corps course
NIMB Staff April 2, 2025

I-Corps PR is an intensive program for teams of emerging entrepreneurs interested in validating their business ideas. #NewsismyBusiness

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According to the Department of Labor and Human Resources, in 2023, the labor force participation rate for women was 36.6%, compared with 51.4% for men.
Economy, Featured
Study: Puerto Rico women face ongoing economic, social challenges
NIMB Staff April 1, 2025

Despite progress in some indicators, data shows that women in Puerto Rico continue to face significant inequalities. #NewsismyBusiness

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Equipped with a 3.6-liter boxer engine and a T-Hybrid system, the 911 Carrera GTS delivers a total of 541 horsepower.
Auto, Featured
Porsche Center Puerto Rico unveils Hybrid 911 Carrera GTS
NIMB Staff April 1, 2025

The new 911 Carrera GTS is the first road-legal 911 model to feature a high-performance hybrid system. #NewsismyBusiness

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Lucy Crespo, CEO of the Puerto Rico Science, Technology and Research Trust.
In-Brief
P18 opens call for 13th edition of its international accelerator program
NIMB Staff April 1, 2025

P18 helps companies scale into new markets through business education. #NewsismyBusiness

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A catamaran sails near the coast of Fajardo.
In-Brief
Fajardo among most popular boating locations in Caribbean in 2025
NIMB Staff April 1, 2025

The Fajardo boating zone, which is “seasonally dependent,” trailed only Nassau, The Bahamas. #NewsismyBusiness

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Ferdinand López, general coordinator of the Legal Aid Society of Puerto Rico’s Legal Assistance Program for Mental Health Processes, speaks during an orientation session.
In-Brief
Legal Aid Society expands mental health legal assistance program
NIMB Staff April 1, 2025

In fewer than two years, the organization has represented 3,910 participants in legal proceedings. #NewsismyBusiness

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Puerto Rico has the sixth-highest availability of scientists and engineers in the world, according to the World Economic Forum’s Global Competitiveness Index.
Featured, Labor/HR
Tech acumen, can-do mindset, core values and grit set Puerto Rico’s tech talent apart
G. Torres March 31, 2025

The Office of Community College Research and Leadership confirmed that 23.3% of degrees awarded by Hispanic-serving community colleges in Puerto Rico were in STEM fields. #NewsismyBusiness

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Jewelry designer Marcia Budet showcases her collection of pieces.
Featured, Small Business
Marcia Budet turns from architecture to award-winning jewelry design
Maria Miranda March 31, 2025

The Puerto Rican designer finds success with bold, personal designs. #NewsismyBusiness

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Jesús Daniel Mattei, vice president of Sygnus
Featured, General Biz News
Sygnus Capital expands in Puerto Rico with M&A, advisory services
NIMB Staff March 31, 2025

This latest expansion aligns with Sygnus’ broader vision of fostering greater economic stability and enhancing market confidence in Puerto Rico’s business ecosystem. #NewsismyBusiness

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The Hollywood Reporter en Español is set to launch in May.
In-Brief
The Hollywood Reporter expands with Spanish-language edition
NIMB Staff March 31, 2025

The expansion aims to reach Latin America and Spain. #NewsismyBusiness

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The Puerto Rico Real Estate Summit will cover topics such as “Tax Credits and Investment Opportunities in Puerto Rico,” “Transforming Puerto Rico into a World-Class Destination,” and “Reshoring: Bringing Business Back to the Island.”
In-Brief
1st edition of Puerto Rico Real Estate Summit slated for April 28
NIMB Staff March 31, 2025

Real estate industry leaders to convene in San Juan. #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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