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Two U.S. military Osprey tiltrotor aircraft are seen parked at José Aponte de la Torre Airport, on the grounds of the former Roosevelt Roads Naval Station in Ceiba. The aircraft are part of recent Pentagon operations in Puerto Rico linked to counter-drug and regional defense activities. (Credit: News is my Business)
Featured, Government
Puerto Rico studies defense role for Roosevelt Roads
Maria Miranda October 13, 2025

Senate bill would explore military reuse and economic impact of Ceiba’s former naval base. #NewsismyBusiness

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The Gran Casino Viejo San Juan is set to open at the Hotel Rumbao in Old San Juan.
Featured, Tourism/Transportation
Gran Casino Viejo San Juan to open at Hotel Rumbao
NIMB Staff September 26, 2025

A decade after closure, Old San Juan sees the return of the sector’s only casino. #NewsismyBusiness

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Islandwide has opened a new terminal in Arecibo to expand its logistics operations.
In-Brief
Islandwide opens new $1.6M logistics terminal in Arecibo
NIMB Staff September 25, 2025

Expansion doubles production capacity and boosts local economy. #NewsismyBusiness

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The IMD World Talent Ranking 2025 report measures economies’ ability to develop, attract and retain talent.
Economy, Featured
Puerto Rico outpaces Japan, Italy in global talent index
NIMB Staff September 24, 2025

Island jumps six spots in IMD ranking, driven by STEM expertise. #NewsismyBusiness

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The Polytechnic University of Puerto Rico in Hato Rey.
In-Brief
Pridco, Polytechnic launch student internship program
NIMB Staff September 24, 2025

Collaboration links engineering students to Pridco property management projects. #NewsismyBusiness

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InvestPR’s production crew works on the next phase of its institutional campaign at the Lufthansa Technik base maintenance site in Puerto Rico.
In-Brief
InvestPR earns global awards, unveils 2nd phase of campaign
NIMB Staff September 17, 2025

Organization recognized by IEDC for promotion strategies. #NewsismyBusiness

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The former Naval Station Roosevelt Roads operated from the 1940s until its closure on March 31, 2004. (Credit: Local Redevelopment Authority for Roosevelt Roads)
Biz Views
Roosevelt Roads: What is the plan, Puerto Rico?
Contributor September 15, 2025

Real estate broker Bob Gevinski questions 20 years of inaction at Roosevelt Roads. #NewsismyBusiness

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Economic Development and Commerce Secretary Sebastián Negrón-Reichard announces the unlocking of $1.4 billion in Opportunity Zone investments in Puerto Rico.
Featured, Government
Puerto Rico unlocks $1.4B in Opportunity Zone projects
Maria Miranda September 11, 2025

DDEC clears path for 2,000 jobs in 13 municipalities. #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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FirstBank’s headquarters in San Juan, Puerto Rico
In-Brief
FirstBank invests $466M to boost inclusion, development
Michelle Kantrow August 22, 2025

Bank allocates funds across Puerto Rico, Florida, U.S. Virgin Islands. #NewsismyBusiness

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A deteriorated industrial building in the El Vigía Ward Industrial Park in Arecibo is being demolished by the Puerto Rico Industrial Development Company as part of its plan to clear 33 structures on the island for redevelopment. (Credit: PRIDCO)
In-Brief
PRIDCO speeds up demolitions to attract new manufacturing investment
NIMB Staff August 13, 2025

Agency targets 33 damaged industrial buildings in Puerto Rico to prepare sites for redevelopment. #NewsismyBusiness

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Ports Authority Executive Director Norberto Negrón, center, walks through the airport facilities with employees.
Featured, Tourism/Transportation
Mercedita Airport begins $15.6M taxiway rehabilitation to boost operations
NIMB Staff August 11, 2025

Project aims to enhance safety, meet FAA standards and drive southern Puerto Rico’s growth. #NewsismyBusiness

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Sebastián Negrón-Reichard, secretary of the Department of Economic Development and Commerce, speaks with a student involved in developing the Interactive Map of Puerto Rico’s Logistics and Cargo Ecosystem.
In-Brief
DDEC, Polytechnic University team up on logistics ecosystem map
NIMB Staff August 4, 2025

Student-led project will centralize Puerto Rico freight data to spur growth. #NewsismyBusiness

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Biz Views
Puerto Rico must rethink its municipal structure — before it’s too late
Contributor July 28, 2025

Outdated local government structures threaten Puerto Rico’s fiscal and social future. #NewsismyBusiness

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In-Brief
Caguas launches La Ruta Criolla to boost tourism, community dining
NIMB Staff July 9, 2025

The two routes that make up La Ruta Criolla are projected to generate about $58,000 in monthly economic impact, government officials said. #NewsismyBusiness

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QUOTE OF THE WEEK:

“We’ve seen an increase in bankruptcy filings, which leads us to conclude that many consumers haven’t been able to cope with credit card debt that piled up from last year’s holiday season.

 

We expect that the number of bankruptcies in 2026 will either surpass or remain similar to this year’s figures because of the ongoing economic crisis.”

 

— Yesenia Otero, client services manager,  Consumer

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