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De la Cruz Ogilvy earned Puerto Rico’s first Silver Lion in the Pharma category at the 2025 Cannes Lions Festival for its “Glowing Relief” campaign for Alivia Health.
In-Brief
De la Cruz Ogilvy marks 40 years with Cannes Lions 2025 Festival win
NIMB Staff July 2, 2025

The Puerto Rican agency celebrates four decades of creativity and a Silver Lion in Pharma, a first for the island. #NewsismyBusiness

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Puerto Rico’s $52.9 billion public debt as of June 30, 2022, included $32.5 billion in primary government debt and $20.4 billion from component units, led by the Puerto Rico Electric Power Authority. (Source: GAO-25-107560)
Featured, Government
GAO finds $1.9B Puerto Rico surplus, warns of unresolved PREPA debt
NIMB Staff July 1, 2025

While Puerto Rico strengthens its financial position, pending electric utility restructuring and population loss remain key threats to long-term stability. #NewsismyBusiness

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The site was originally approved for a 192-unit development called Playa Bahía. (Credit: Christiansen Commercial)
Featured, General Biz News
Loíza beachfront site with 60 apartments listed for $3.5M redevelopment
NIMB Staff July 1, 2025

Partially built Playa Bahía project offers opportunity in housing and tourism. #NewsismyBusiness

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Cooking with my Doctor products are now available at El Market stores inside Luis Muñoz Marín International Airport
Featured, Retail
Cooking with my Doctor lands airport deal, expands to US Walmart stores
NIMB Staff July 1, 2025

The company unveiled three new additions to its “Pónselo a” seasoning line at the 2025 MIDA Conference and Food Show. #NewsismyBusiness

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From left: Natalie Claudio of Jóvenes de Puerto Rico en Riesgo; Maritza Abadía, president of Banesco USA Puerto Rico; Raquel Skerett of Vitrina Solidaria; and Giovanna Piovanetti of Corporación para el Financiamiento Empresarial de los Comerciantes y de las Comunidades
In-Brief
Banesco USA grants $22K to nonprofits aiding vulnerable communities
NIMB Staff July 1, 2025

Eight organizations in Puerto Rico receive funds to support social, educational and economic programs. #NewsismyBusiness

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Students at the University of Puerto Rico, Mayagüez Campus, are building and testing lightweight drone attachments for real-world environmental monitoring applications.
In-Brief
LIFT taps Puerto Rico engineering students for defense drone initiative
NIMB Staff July 1, 2025

UPR-Mayagüez students develop and test drone technology for defense and monitoring applications. #NewsismyBusiness

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As part of the agreement, Electricoop and Genera PR have carried out maintenance, repairs and testing of key relays and transformers at the Palo Seco, Aguirre and Aguirre combined cycle power plants.
In-Brief
Genera PR partners with Electricoop to boost grid reliability, local jobs
NIMB Staff July 1, 2025

Agreement supports transformer maintenance at key plants, expands local contractor use. #NewsismyBusiness

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The Royal Sonesta San Juan in Isla Verde. (Credit: Magui Yeraldín Díaz/Google)
Featured, Tourism/Transportation
Royal Sonesta posts double-digit growth driven by service, location
Michelle Kantrow-Vázquez June 30, 2025

General Manager Raúl Bustamante highlights three-year performance streak and tourism boost from Bad Bunny concerts. #NewsismyBusiness

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Economy, Featured
Puerto Rico sees strongest economic uptick in six months, report shows
NIMB Staff June 30, 2025

Manufacturing and employment drive April gains, though warnings of economic slowdown persist. #NewsismyBusiness

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Alexandra Fernández-Navarro (center), board member of FirstNet, provides details about the new operation in Puerto Rico.
In-Brief
FirstNet opens first Spanish-language call center in Aguadilla
NIMB Staff June 30, 2025

The initiative creates 80 jobs and strengthens emergency response support. #NewsismyBusiness

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Evertec Inc. is based in San Juan, Puerto Rico.
In-Brief
Evertec opens 2025 STEM scholarship cycle for Puerto Rico students
NIMB Staff June 30, 2025

Applications due by July 11; program supports academic growth in tech fields. #NewsismyBusiness

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Raúl Bustamante, chairman of the Discover Puerto Rico board. (Credit: Puerto Rico Hotel and Tourism Association Facebook page)
Featured, Tourism/Transportation
Discover Puerto Rico to name new CEO as it pushes for stable funding
Michelle Kantrow-Vázquez June 27, 2025

Newly appointed board Chair Raúl Bustamante defends the DMO’s performance, seeks contract renewal and long-term planning. #NewsismyBusiness

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Padial 50 joins Habitat for Humanity of Puerto Rico’s multifamily housing projects in Hato Rey, Santurce and Villa Canteras (San Juan), all designed to support low- to moderate-income families with accessible, sustainable homes.
In-Brief
Habitat for Humanity delivers homes to Caguas families at Padial 50
NIMB Staff June 27, 2025

The more than $1.9M project brings affordable housing and jobs to downtown Caguas. #NewsismyBusiness

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From left: Edgardo Rivera, president of DDB Latina Puerto Rico; Elaine García, marketing director at Cervecera de Puerto Rico; and Edgardo Jiménez, creative operations officer at DDB Latina Puerto Rico.
In-Brief
DDB Latina Puerto Rico wins Grand Prix, 6 more Lions at Cannes 2025
NIMB Staff June 27, 2025

Agency honored for campaigns with Medalla Light and RIMAS Entertainment. #NewsismyBusiness

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Oriental operates a network of branches throughout Puerto Rico.
In-Brief
Oriental earns top USDA honor for rural housing loan partnerships
NIMB Staff June 27, 2025

Bank recognized for its leadership in secondary market contributions to affordable homeownership. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Trust is the main ingredient for business. So instead of telling your employees that AI is coming after you’ve made the decision and have a plan for implementation, you should involve them during conception and evaluation. That way, you can address their questions, fears and concerns from the start.”

 

— Paulo Preciado, executive advisor partner for the Caribbean and Central America, Great Place to Work

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