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Economist Roberto Salinas speaks during a forum hosted by the Center for Economic Renewal, Growth and Excellence (Centro CRECE) in Puerto Rico.
Economy, Featured
Salinas: Slash taxes, red tape to grow Puerto Rico’s economy
Michelle Kantrow-Vázquez November 14, 2025

Economist urges Puerto Rico to cut red tape, protect property rights and empower workers to drive long-term economic growth. #NewsismyBusiness

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A house under construction in Puerto Rico. Puerto Rico lawmakers are considering reforms to modernize the island’s Tourist Residences Act. (Credit: stockphotofan1 | Dreamstime.com)
Featured, Government
Bill seeks to strengthen oversight of tourist residence projects
NIMB Staff November 14, 2025

Legislation shifts key regulatory authority to Department of Consumer Affairs and tightens rules on permits, deposits and developer accountability. #NewsismyBusiness

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Oriental’s new Smart Stop at Liberty Square in San Patricio Plaza offers extended hours and video teller access.
In-Brief
Oriental debuts Smart Stop banking hub in San Patricio
NIMB Staff November 14, 2025

New space expands digital access with video tellers, self-service tools and extended hours. #NewsismyBusiness

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Through The Salvation Army’s Golden Age program, older adults take part in workshops and activities that support their physical, mental and emotional well-being.
In-Brief
Salvation Army sets $1M goal for annual Red Kettle drive
NIMB Staff November 14, 2025

The 63-year Christmas campaign will fund meals, shelter, utilities and social services for vulnerable families across Puerto Rico. #NewsismyBusiness

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Farmacia Caridad operates 50 pharmacy locations around Puerto Rico.
In-Brief
Caridad expands to 50 pharmacies with Pharmamax integration
NIMB Staff November 14, 2025

The consolidation unifies nine Pharmamax locations under the Caridad brand, strengthening the chain’s islandwide footprint and service model. #NewsismyBusiness

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Hernán A. Vera-Rodríguez, director of the Observatorio de Sociedad, Gobernanza y Políticas Públicas at the Pontifical Catholic University of Puerto Rico in Ponce, and co-investigators Jennifer Castellanos-Barreto and Laura Pietri-Gómez present the findings of their two-year study on generational differences in Puerto Rico’s workforce.
Featured, General Biz News
PUCPR study reveals generational gaps in Puerto Rico’s workforce
NIMB Staff November 13, 2025

The research project found that younger workers prioritize flexibility and higher pay but are more likely to leave their jobs, while Generation X shows stronger engagement and work ethic. #NewsismyBusiness

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On right, Ricardo E. Ríos-Flores, president of Commercial Equipment Finance Inc.
Featured, General Biz News
CEFI issues $122M in equipment-backed notes in 3rd deal
NIMB Staff November 13, 2025

The transaction, led by KeyBanc Capital Markets, was oversubscribed, reaffirming investor confidence in the Puerto Rico-based lender’s portfolio strength. #NewsismyBusiness

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The Chamber of Food Marketing, Industry and Distribution (MIDA, in Spanish) holds its annual seminar to provide data-driven insight helping Puerto Rico’s food and distribution sectors plan for market volatility and consumer trends.
Featured, Retail
MIDA’s 2026 food outlook to tackle inflation, inventory risks
NIMB Staff November 13, 2025

The chamber’s annual seminar will present the $36.45 average sale-per-receipt trend, highlighting inflation, inventory challenges and consumer shifts shaping Puerto Rico’s food sector. #NewsismyBusiness

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Puerto Rico’s expanding tax incentives under Act 60 continue to draw debate over their economic impact and calls for stronger oversight. (Credit: May1985 | Dreamstime.com)
Biz Views
Act 60’s $14B tax breaks demand stronger oversight
Contributor November 13, 2025

Juan Castañer of Estudios Técnicos analyzes the scope of Puerto Rico’s tax incentives and calls for closer monitoring to prevent misuse. #NewsismyBusiness

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Hospital General Castañer in Lares, Puerto Rico, and its clinics in Adjuntas and Jayuya were recognized by the National Committee for Quality Assurance for patient-centered care.
In-Brief
Hospital General Castañer earns 4th NCQA recognition
NIMB Staff November 13, 2025

The Lares, Puerto Rico-based institution and its Adjuntas and Jayuya clinics hold national accreditation for patient-centered care. #NewsismyBusiness

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Based in Puerto Rico, Rimas Publishing manages global licensing for its clients in film, television, advertising and brand partnerships.
In-Brief
Rimas Publishing unveils rebrand amid 13 Latin Grammy nods
NIMB Staff November 13, 2025

Puerto Rico-based music publisher debuted a new identity built on its “Art Begins Human” concept. #NewsismyBusiness

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In-Brief
Hecho en Puerto Rico, DDEC launch 4th ‘Detrás del Sello’ season
NIMB Staff November 13, 2025

The digital series highlights 10 local companies that showcase the island’s entrepreneurial talent and innovation. #NewsismyBusiness

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As part of the bill’s development, the House Committee for the Development of the Regulatory Framework on the Use of Artificial Intelligence in Education held its first meeting Nov. 7, with participation from multiple entities, including the Puerto Rico Institute of Statistics.
Education, Featured
Legislators propose law to regulate AI use in schools
Michelle Kantrow-Vázquez November 12, 2025

New legislation seeks to establish ethical standards for artificial intelligence in public and private educational institutions across the island. #NewsismyBusiness

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Shed, a wellness and weight-management company based in Salt Lake City, announces the launch of its services in Puerto Rico.
Featured, General Biz News
Shed enters Puerto Rico’s wellness, weight-management market
NIMB Staff November 12, 2025

The Utah-based health company launches personalized weight-management programs and clinician-guided services across the island. #NewsismyBusiness

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Climbing the Corporate Ladder
PRMA, Citi, MAPR, hospitality sector announce new leadership
NIMB Staff November 12, 2025

Recent leadership appointments across Puerto Rico’s banking, manufacturing, arts and tourism sectors reflect continued growth and organizational renewal. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Companies that weren’t born with AI have a long and arduous adaptation process, especially large companies with hundreds or thousands of employees. Those companies are going to lose their competitiveness to smaller businesses that are born with AI, can go faster and don’t have legacy systems to convert and maintain.”

 

— Nicolas Galarza, founder, Wealth2B

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