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Puerto Rico must brace for possible oil price spikes amid Middle East uncertainty. (Credit: Kitano | Dreamstime.com)
Biz Views
What can we expect from the conflict with Iran?
Contributor June 26, 2025

Despite a temporary truce, WTI crude prices surged 17% in June as tensions escalated. #NewsismyBusiness

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Project Makers, which is expanding into San Juan, already operates a business incubator in Caguas.
In-Brief
Project Makers promotes community-based businesses in San Juan
NIMB Staff June 26, 2025

Oasis 360 initiative aims to boost economic mobility through job creation. #NewsismyBusiness

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Officials from NUC University and TrueHyperbarRx sign the agreement to launch Puerto Rico’s first certified program in hyperbaric medicine and advanced wound care.
In-Brief
NUC University to offer Puerto Rico’s 1st hyperbaric medicine certification
NIMB Staff June 26, 2025

Partnership with U.S.-based organizations includes donation of two hyperbaric chambers. #NewsismyBusiness

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Banco Popular’s mural at the Coliseo de Puerto Rico complements the bank’s brand modernization launched in 2024, officials said.
In-Brief
Popular unveils mural at ‘Choliseo’ as part of brand modernization effort
NIMB Staff June 26, 2025

Work by muralist Andrés Cortés integrates Popular’s new image and artistic vision. #NewsismyBusiness

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Denisse Rodríguez-Colón, executive director of Colmena66
Featured, General Biz News
70% of Puerto Rico businesses are 3+ years old, Colmena66 study finds
NIMB Staff June 25, 2025

2024 report reveals growth in revenue, preparedness and expansion goals. #NewsismyBusiness

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Wichie Sound Performance, founded 37 years ago in Puerto Rico by Fernando “Wichie” Martínez, was acquired by Clair Global.
Featured, General Biz News
Clair Global acquires Puerto Rico’s Wichie Sound Performance
NIMB Staff June 25, 2025

Veteran audio company joins global network; operations to continue locally. #NewsismyBusiness

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Raúl Bustamante, chairman of the Discover Puerto Rico board, was confirmed to continue in the role this month.
In-Brief
Discover Puerto Rico confirms Bustamante as board chair
NIMB Staff June 25, 2025

The executive has held the position on an interim basis since May. #NewsismyBusiness

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Graduates of One Stop Career Center’s pre-apprenticeship aviation mechanic program celebrate completion of training in Aguadilla, Puerto Rico.
In-Brief
One Stop Career celebrates 3rd aviation mechanic program graduation
NIMB Staff June 25, 2025

Program reaches 83% employment rate; 47 trained for aviation careers. #NewsismyBusiness

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The Puerto Rico Treasury Department headquarters in San Juan
In-Brief
Puerto Rico Treasury recertifies anti-bribery system under ISO 37001
NIMB Staff June 25, 2025

Efforts expand to additional units as the agency strengthens internal controls. #NewsismyBusiness

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Puerto Rico Treasury Secretary Ángel L. Pantoja-Rodríguez
Featured, Government
General Fund revenue exceeds projections by $304.3M in fiscal year
NIMB Staff June 24, 2025

Individual income, sales taxes and rum taxes drive gains over government estimates. #NewsismyBusiness

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The Ronald McDonald House in San Juan provides lodging for families of hospitalized children .
In-Brief
DirecTV renovates Ronald McDonald House to support families in need
NIMB Staff June 24, 2025

The company invested $13,500 and 55 volunteer hours to enhance the space. #NewsismyBusiness

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JetBlue Airways is adding new digital tools for baggage tracking and recovery, including AirTag integration.
In-Brief
JetBlue adds real-time bag tracking, AirTag support for travelers
NIMB Staff June 24, 2025

New features give JetBlue customers more control over luggage. #NewsismyBusiness

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In-Brief
Access All Services earns B Corp certification for sustainability efforts
NIMB Staff June 24, 2025

Puerto Rico firm joins global network of companies committed to social and environmental impact. #NewsismyBusiness

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Featured, Tourism/Transportation
Aeromexico to launch direct route from Mexico City to San Juan
Michelle Kantrow-Vázquez June 23, 2025

Aeromexico’s return to San Juan after a decade adds key route to Mexico City. #NewsismyBusiness

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The owners of the future Magnolias Café & Pastries sign loan documents for their new Carolina venture.
In-Brief
Magnolias Café to open in Carolina, creating 6 new jobs
NIMB Staff June 23, 2025

Startup by two local women backed by Business Center, EDB loan. #NewsismyBusiness

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QUOTE OF THE WEEK:

“The purpose of this report is not only to highlight challenges but to catalyze solutions using data gathered directly from entrepreneurs themselves. It’s an invitation to act collectively to strengthen the ecosystem.”

 

— Lucy Crespo, CEO of the Puerto Rico Science, Technology and Research Trust, on Colmena66’s 2024 Interactive Report on the State of the Business Community in Puerto Rico

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