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The Vaca Negra plant expansion project, which adds 1,100 square feet and more efficient machinery to the facility, was funded through a $300,000 grant from the South West Dairy Business Innovation Initiative at the University of Tennessee, along with support from the Puerto Rico Department of Agriculture’s Family Markets program.
Featured, Small Business
Vaca Negra expands Hatillo plant, boosts cheese and yogurt production
Michelle Kantrow-Vázquez May 2, 2025

Puerto Rican dairy company doubles capacity with support from USDA grant and the local Agriculture Department. #NewsismyBusiness

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Featured, Nonprofit organizations
Enactus Puerto Rico celebrates its 20th anniversary
NIMB Staff May 2, 2025

The nonprofit also evaluated a record 56 entrepreneurship projects from students during its 2025 summit. #NewsismyBusiness

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The FCC also announced a temporary pause in broadband performance testing for PR Fund carriers during the first and second quarters of 2026.
Featured, Telecommunications/Technology
FCC eases reporting rules for Puerto Rico broadband carriers
NIMB Staff May 2, 2025

Temporary relief granted to PR Fund carriers on reporting standards and credit requirements through March 2026. #NewsismyBusiness

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Caguas Mayor William Miranda-Torres watches a student operate a remote-controlled robot during the opening of the LIFT Learning Lab.
In-Brief
LIFT opens advanced manufacturing Learning Lab in Puerto Rico
NIMB Staff May 2, 2025

The Detroit-based institute’s facility in Caguas will offer training in robotics and other high-demand skills. #NewsismyBusiness

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In-Brief
PMC Health Group marks 25 years with new name, strategic vision
NIMB Staff May 2, 2025

The rebranded agency unveils PMC Lecture Series and renewed focus on patient-centered communications. #NewsismyBusiness

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Among the higher-paying jobs in this group were detectives and criminal investigators, who earned $37.68 per hour, and transportation security screeners at $24.78.
Economy, In-Brief
San Juan Metro wages rise, but still trail US average by wide margin
NIMB Staff May 1, 2025

Health care and tech lead earnings growth, but low-wage sectors highlight persistent disparities. #NewsismyBusiness

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Héctor Morales-Martínez, president of the Puerto Rico Planning Board.
Featured, Government
Planning Board updates economic model with 2017 Input-Output Matrix
NIMB Staff May 1, 2025

The 2017 IOM shows growth in Puerto Rico’s service sector and a decline in manufacturing, with a 2022 update in development. #NewsismyBusiness

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From left: Journalist Valeria Collazo-Cañizares, political analyst Jay Fonseca and Oriental President José Rafael Fernández during the first episode of the bank’s new podcast, “La Fórmula.”
In-Brief
Oriental debuts Puerto Rico’s first banking podcast, “La Fórmula”
NIMB Staff May 1, 2025

Monthly podcast aims to simplify financial topics and connect them to everyday life. #NewsismyBusiness

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Coral Cummings, director of government relations and public affairs at Walmart Puerto Rico, speaks during the launch of the “Descubre el atleta en ti” campaign.
In-Brief
Walmart Puerto Rico launches sports campaign to promote healthy living
NIMB Staff May 1, 2025

“Descubre el atleta en ti” includes school visits, media outreach and support from Puerto Rican athletes. #NewsismyBusiness

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A person hands over car keys during a vehicle handoff
Auto, Featured
Puerto Rico lawmakers review car-sharing services following authorization of Turo
NIMB Staff April 30, 2025

Lawmakers seek to evaluate the legal framework for peer-to-peer rental platforms. #NewsismyBusiness

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Investors under Act 60 receive tax incentives including a 4% fixed income tax rate, a 75% property tax exemption and a full exemption on capital gains accrued while residing in Puerto Rico.
Featured, Government
Puerto Rico House approves 4% tax rate for future Act 60 investors
NIMB Staff April 30, 2025

The new rate applies to capital gains, interest and dividends under the Incentives Code beginning next year. #NewsismyBusiness

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Consumers will also be able to manage paid subscriptions — including Netflix, Disney+ and Max — directly through FreeCast.
Featured, Telecommunications/Technology
FreeCast expands to Puerto Rico, offering access to 700+ live channels
NIMB Staff April 30, 2025

The streaming platform will allow island broadcasters to reach audiences across the Caribbean and the U.S. diaspora. #NewsismyBusiness

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Banesco’s headquarters in San Juan, Puerto Rico
Biz Views
Banesco USA offers innovative banking solutions for businesses
Contributor April 30, 2025

The bank offers services aimed at supporting client growth and financial stability. #NewsismyBusiness

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A variety of job openings are available across education, social services, finance and maintenance.
In-Brief
Vimenti to host job fair to fill more than 15 vacancies available
NIMB Staff April 30, 2025

The fair aims to connect professionals and community members with jobs that support Puerto Rico’s social, educational and economic development. #NewsismyBusiness

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In-Brief
Pro-Bono Inc. urges Puerto Rico lawyers to help expand access to justice
NIMB Staff April 30, 2025

Nonprofit seeks volunteer attorneys to provide free legal aid in areas like housing, family, and employment law. #NewsismyBusiness

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QUOTE OF THE WEEK:

“These batteries will allow us to respond more efficiently to demand fluctuations, reduce our dependence on fossil fuels and support the integration of new generation technologies. This translates into greater stability and fewer outages for our communities.”

 

— Iván Báez, vice president of public and government affairs, Genera PR

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