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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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The Fair Debt Collection Practices Act (FDCPA) is a federal law enacted in 1977 to protect consumers from abusive, deceptive and unfair debt collection practices.
Featured, General Biz News
Puerto Rico resident seeks class action over alleged debt collection violations
NIMB Staff April 29, 2025

The plaintiff’s attorneys argue that more than 1,000 people could be eligible to join the proposed class. #NewsismyBusiness

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KetoneAid, the plaintiff, claims that the Fun Ketones products, like its Hard Ketones line, are alternative drinks to alcohol that embody the patented technology.
Featured, General Biz News
KetoneAid sues Puerto Rico business over alleged patent breach
NIMB Staff April 29, 2025

Virginia-based ketone company seeks damages, injunction and personal liability against Puerto Rico business and its president over alleged infringement. #NewsismyBusiness

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Corporate Ladder News is my Business
Climbing the Corporate Ladder
Top executives appointed at retailer, law firm and insurance company
NIMB Staff April 29, 2025

This edition of Climbing the Corporate Ladder features new executive appointments at Supermercados Econo, MZLS and MCS. #NewsismyBusiness

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In addition to educational programming, the show will feature an exhibitor area with pop-up bars, tasting stations and brand activations highlighting innovation in the Caribbean cocktail community.
In-Brief
The Bars Show 2025 returns to Puerto Rico in May
NIMB Staff April 29, 2025

Event to gather experts, brands and consumers for two days of education and innovation. #NewsismyBusiness

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Jelix M. Serrano during her acceptance speech.
In-Brief
Jelix Serrano named Boys & Girls Clubs of Puerto Rico Youth of the Year
NIMB Staff April 29, 2025

The Arecibo Club member received a $9,000 scholarship and will represent the island at the Northeast regional competition. #NewsismyBusiness

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Many nonprofits rely heavily on volunteer labor to sustain their operations, and the updated valuation provides a tangible measure of their economic impact.
Featured, Nonprofit organizations
Report: Puerto Rico’s volunteer contributions valued at $17.32/hour
NIMB Staff April 28, 2025

This figure represents a notable increase from last year’s $15.82. #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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