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From left: Luis B. Méndez del Nido, general counsel of the Puerto Rico Department of Economic Development and Commerce’s Office of Legal Counsel and Legislative Affairs; agency Secretary Sebastián Negrón; and Ernesto J. Zayas-García, director of the department’s Business Incentives Office, during a press briefing on Act 60 oversight measures in San Juan.
Government, In-Brief
DDEC steps up audits, enforcement of tax incentives
NIMB Staff October 24, 2025

The agency has audited nearly 1,800 decrees in 2025, tightened background checks, and expanded penalties to ensure compliance with Act 60. #NewsismyBusiness

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Zoimé Álvarez-Rubio, president of the Puerto Rico Bankers Association
In-Brief
Bankers Association urges switch to federal e-payments
NIMB Staff September 25, 2025

Professional association warns paper checks end Sept. 30 under new U.S. order. #NewsismyBusiness

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From left, Diego Szteinhendler, senior vice president for fintechs and digital partners at Mastercard Latin America and the Caribbean, and Mike Vizcarrondo, chief product and innovation officer at Evertec, attend Mastercard Day Puerto Rico at the Condado Vanderbilt Hotel in San Juan.
In-Brief
Evertec expands Mastercard alliance to boost payments
NIMB Staff September 16, 2025

Partnership focuses on digital transformation, security and innovation in Latin America’s financial ecosystem. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Puerto Rico is experiencing an extraordinary moment. We have reinvented ourselves. We’re breaking records and demonstrating that tourism is not only an economic engine but also a transformative force for the entire island.”

 

— Jorge L. Pérez, CEO, Discover Puerto Rico

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