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The Hyatt Centric San Juan Isla Verde opens as the first Hyatt Centric-branded hotel in Puerto Rico.
Featured, Tourism/Transportation
$54M Hyatt Centric hotel debuts in Puerto Rico
NIMB Staff December 10, 2025

Former Verdanza Hotel rebranded to usher in the new flag. #NewsismyBusiness

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Hiram Torres-Montalvo, secretary of the Puerto Rico Department of Consumer Affairs (DACO, in Spanish), speaks about the agency’s enforcement effort targeting online price disclosures.
Featured, Government
DACO launches ‘Ojo al Precio’ to oversee online sales
NIMB Staff December 10, 2025

Operation targets digital marketplaces to ensure clear, accurate price disclosures under Regulation 9158. #NewsismyBusiness

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From left: Vanessa Jiménez, director of the Municipality of San Juan’s legal division; Germán Rauli-Ufret; San Juan Mayor Miguel Romero; Reynaldo R. Alegría, chair of the board of trustees of the Center for Advanced Studies on Puerto Rico and the Caribbean; Ricardo Magriñá, interim rector; and Sonya Canetti, board member, take part in the signing of the property transfer in San Juan.
In-Brief
San Juan transfers former jail to Center for Advanced Studies
NIMB Staff December 10, 2025

CEAPRC receives Puerta de Tierra building for $1, marking a step toward institutional recovery and long-term growth, officials said. #NewsismyBusiness

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Abarca is the only company based in Puerto Rico to be recognized on Computerworld’s 2026 Best Places to Work in IT list.
In-Brief
Abarca named to 2026 Best Places to Work in IT list
NIMB Staff December 10, 2025

Company earns global recognition for culture, talent development and workplace programs built around care, growth and experience. #NewsismyBusiness

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Shoppers in Puerto Rico are becoming more deliberate with their purchases as value-driven decisions reshape retail trends. (Credit: Olena Demydenko | Dreamstime.com)
Featured, Retail
Value shopping rises as Puerto Rico consumers cut back
NIMB Staff December 9, 2025

NielsenIQ finds declining volumes, stronger price sensitivity and growing reliance on value-driven retail channels. #NewsismyBusiness

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Participants toured the construction progress of Oasis 360, the 80,000-square-foot complex that will house Vimenti’s future facilities along with the Social Impact Platform, the Youth Development Institute, Project Makers and the Vidalús health clinic.
Featured, General Biz News
Study shows strong return on investment in Vimenti
NIMB Staff December 9, 2025

Impact analysis finds $3.41 in social and economic value for every dollar invested, with gains in family income, employment and academic progress. #NewsismyBusiness

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FreeCast’s expansion across more than 25 Caribbean countries delivers hundreds of channels and thousands of on-demand titles to more than 10 million viewers.
In-Brief
FreeCast debuts free streaming platform in Caribbean
NIMB Staff December 9, 2025

Company launches regionwide service with hundreds of channels and expanded access for Puerto Rico and U.S. territories. #NewsismyBusiness

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The Puerto Rico Food Bank in Carolina distributes food to vulnerable communities across the island through a network of affiliated organizations and volunteers.
Featured, Nonprofit organizations
NIFA awards $3.2M to Puerto Rico food access programs
G. Torres December 8, 2025

Banco de Alimentos receives major federal grants under the GusNIP initiative to expand nutrition incentives and produce prescription services. #NewsismyBusiness

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Insurance Commissioner Suzette Del Valle-Lecároz speaks during the Puerto Rico Chamber of Commerce forum on health care system challenges.
Featured, General Biz News
CofC outlines health-sector reforms needed in Puerto Rico
NIMB Staff December 8, 2025

Business and government leaders urge action on payments, rising costs and workforce shortages affecting Puerto Rico’s healthcare system. #NewsismyBusiness

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The Lulu Puras Living team marks the firm’s 25th anniversary in the interior design industry.
Featured, Lifestyle
Lulu Puras Living marks 25 years of design leadership
NIMB Staff December 8, 2025

The Puerto Rico firm celebrates its anniversary with a business model rooted in conscious luxury, timeless design and long-term value. #NewsismyBusiness

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LUMA Energy assumed control of transmission and distribution in 2021 under a public-private partnership to lower costs, improve reliability and modernize Puerto Rico’s grid.
Biz Views
Puerto Rico needs clear ‘manifesto’ to fix its power system
Contributor December 8, 2025

An energy “manifesto” calls for accountability, reliability and fair rates as the island confronts persistent outages and high costs. #NewsismyBusiness

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The tournament drew 96 players to the Palm Course at Palmas Athletic Club in Humacao, supporting La Fondita de Jesús’ programs for vulnerable families and individuals.
In-Brief
Fondita de Jesús raises $85K for homeless services
NIMB Staff December 8, 2025

The nonprofit marks its 40th anniversary with funds to strengthen programs for vulnerable communities. #NewsismyBusiness

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FirstBank’s headquarters in San Juan, Puerto Rico
In-Brief
FirstBank earns strong KBRA ratings, stable outlook
NIMB Staff December 8, 2025

Agency cites stronger capital, improved risk controls and steady performance in Puerto Rico. #NewsismyBusiness

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Carolina Jewelry’s new cart-style Styling Booth is on the first level of Plaza Las Américas between Macy’s and Casa Febus.
In-Brief
2 retail brands expand in Puerto Rico with new mall locations
NIMB Staff December 5, 2025

Carolina Jewelry debuts at Plaza Las Américas as Sephora signs lease in Caguas. #NewsismyBusiness

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Discover Puerto Rico Chief Marketing Officer Storm Tussey
In-Brief
Tourism lodging nears $2B as Discover Puerto Rico looks ahead
NIMB Staff December 5, 2025

New strategy focuses on high-value travelers, data segmentation and immersive promotions as sector heads for a fifth record year. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Thrift is definitely trending as a sector. We’re grateful for that because we use the proceeds from the goods sold in our stores to invest in programs that help people and communities.

 

Puerto Rico is a new market for us, with one store open and several others on the way, and the reception has been awesome.”

 

— Kent Kramer, CEO, Goodwill de Puerto Rico

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