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Banesco’s headquarters in San Juan, Puerto Rico
In-Brief
Banesco USA surpasses $5B in assets, $1B deposits in Puerto Rico
NIMB Staff September 9, 2025

Bank posts 34% income growth as Puerto Rico deposits surge. #NewsismyBusiness

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Puerto Rico Chamber of Commerce President Margaret Ramírez-Báez
In-Brief
Chamber of Commerce urges nuclear in energy procurement
NIMB Staff September 9, 2025

Group asks Puerto Rico Energy Bureau and P3A to broaden options for 3,000 MW capacity. #NewsismyBusiness

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One Stop Career Center Executive Director Carmen Cosme-Pitre
In-Brief
One Stop Career opens construction jobs in southern Puerto Rico
NIMB Staff September 9, 2025

Nonprofit extends opportunities to residents, including those with records. #NewsismyBusiness

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Ponce Health Sciences University dental students work with sargassum extracts as part of a project to develop seaweed-based toothpaste.
Education, Featured
PHSU tests toothpaste from sargassum bioactive extracts
NIMB Staff September 8, 2025

Dental students join research turning algae into oral health innovation. #NewsismyBusiness

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The House Commission on Banking, Insurance and Commerce, chaired by Rep. Jorge “Georgie” Navarro-Suárez, held a public hearing on House Bill 147.
Banking, Featured
Banking bill to mandate full online services raises alarm
NIMB Staff September 8, 2025

Industry warns House Bill 147 could hurt seniors and strain banks’ resources. #NewsismyBusiness

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A solar panel installed on a rooftop in Puerto Rico.
Featured, General Biz News
Borinquen Solar sues Mayagüez for $236K contract debt
NIMB Staff September 8, 2025

Company claims municipality failed to pay for Head Start project work. #NewsismyBusiness

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My Business Reads
Book warns readers how to spot scams before they strike
Terri Schlichenmeyer September 8, 2025

Johnathan Walton shares lessons from being conned to help others. #NewsismyBusiness

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At a Jubilee debate with Patrick Bet-David, democratic socialists argued capitalism is exploitative and government control is needed — a view columnist Antonio Santos warns could influence Puerto Rico’s economy.
Biz Views
Anti-capitalist rhetoric poses risk to Puerto Rico growth
Contributor September 8, 2025

Shifting cultural narratives may deter investment and jobs. #NewsismyBusiness

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José Torrens, president of the Puerto Rico Chapter of the Associated General Contractors
In-Brief
AGC-PR urges faster action to secure $43B reconstruction
NIMB Staff September 8, 2025

Builders warn red tape threatens Puerto Rico’s federal funds. #NewsismyBusiness

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Puerto Rico Agriculture Secretary Josué Rivera, center, announces the incentives awarded.
In-Brief
Agriculture Dept. awards $6M to boost local agribusiness
NIMB Staff September 8, 2025

Funds to support 16 projects, create jobs and expand food resilience in Puerto Rico. #NewsismyBusiness

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Caribbean Transmission and Siemens Energy are partnering on the Hostos Project, a planned submarine power link between Puerto Rico and the Dominican Republic.
Featured, General Biz News
Caribbean Transmission, Siemens Energy partner in Hostos Project
NIMB Staff September 5, 2025

Puerto Rico, Dominican Republic move closer to energy link. #NewsismyBusiness

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New York Fed President John C. Williams speaks with Mike Soto-Class, CEO of the Center for a New Economy, during a moderated discussion.
Economy, Featured
NY Fed chief sees US slowdown as Puerto Rico expands
NIMB Staff September 5, 2025

Williams warns that tariffs weigh on the U.S. economy; meanwhile, island manufacturing and tourism expand. #NewsismyBusiness

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Tropi Shack took first place in the Art With Purpose category at Boricua Emprende Fest.
Featured, General Biz News
Puerto Rico startups secure funding at BE Fest competition
NIMB Staff September 5, 2025

Mastercard and Rural LISC initiative boosts island’s entrepreneurial growth. #NewsismyBusiness

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FirstBank’s recycled debit card meets industry security standards, including Europay, Mastercard and Visa Co. certification for chip and contactless payments.
In-Brief
FirstBank unveils recycled debit card in Puerto Rico
NIMB Staff September 5, 2025

New product reduces plastic waste and supports coastal cleanup. #NewsismyBusiness

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Business Atelier’s program helps entrepreneurs develop ideas into profitable ventures with potential to scale locally and internationally.
In-Brief
Business Atelier launches platform to guide entrepreneurs
NIMB Staff September 5, 2025

New Groundwork Premier Access program offers mentoring and tools to scale businesses. #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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