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Sara Miranda, general manager of iPR Pharmaceuticals, announces the opening of the company’s Bio Solar Park in Canóvanas, Puerto Rico.
Featured, Manufacturing
iPR inaugurates $9.7M Bio Solar Park in Canóvanas
NIMB Staff November 3, 2025

The AstraZeneca subsidiary’s renewable energy project marks a major step toward its 2026 net zero emissions goal and strengthens Puerto Rico’s clean energy ecosystem. #NewsismyBusiness

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Emerging markets such as Texas, Moldova and Singapore show how localized exchanges can drive growth — a model Puerto Rico could follow to strengthen its economy. (Credit: Rawpixelimages | Dreamstime.com)
Biz Views
Texas, Moldova, Singapore: Lessons for Puerto Rico’s financial future
Contributor November 3, 2025

Antonio Santos argues that the island can follow Texas, Moldova and Singapore in building financial independence through local market access. #NewsismyBusiness

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Processing delays and new federal rules could leave thousands of immigrant workers in Puerto Rico uncertain about their ability to stay on the job, attorneys say. (Credit: Somporn Suebhait | Dreamstime.com)
In-Brief
New DHS rule could affect Puerto Rico’s immigrant labor
NIMB Staff November 3, 2025

Elimination of automatic work permit extensions may leave thousands without authorization to work during processing delays. #NewsismyBusiness

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Solar equipment donated by Puerto Rico’s renewable energy sector awaits shipment to Jamaica as part of relief efforts following Hurricane Melissa’s devastation. (Image generated by ChatGPT)
In-Brief
Puerto Rico solar sector aids Jamaica recovery
NIMB Staff November 3, 2025

Local solar companies donate more than $110,000 in equipment to help restore power after Hurricane Melissa. #NewsismyBusiness

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From left: Pedro Toro-Cancio, board vice chair of VAPR Federal Credit Union, and student Yesiel Molina-Ayala share a hug during the scholarship ceremony in San Juan, Puerto Rico.
In-Brief
VAPR FCU marks 75 years with student scholarships
NIMB Staff November 3, 2025

The credit union doubled awards in its “Futuro Brillante” program, investing $20,000 to support Puerto Rican students. #NewsismyBusiness

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Flanked by Puerto Rico mayors, Gov. Jenniffer González announced her decision to veto House Bill 420.
Featured, Government
Veto of Puerto Rico inventory tax bill sparks islandwide debate
NIMB Staff October 31, 2025

Private sector leaders call it a missed opportunity for reform, while mayors and municipal legislators defend the veto as essential to protect town revenues. #NewsismyBusiness

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Each flight tells a story of opportunity — and of the challenges pushing Puerto Rico’s young professionals to seek new horizons. (Credit: Discover Puerto Rico)
Economy, Featured
Puerto Rico’s youth drove 2nd wave of emigration
G. Torres October 31, 2025

From 2018 to 2022, up to 3% of young Puerto Ricans left for the U.S. mainland seeking higher salaries, better benefits and greater job opportunities, according to new data from the Puerto Rico Institute of Statistics. #NewsismyBusiness

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Biz Views
Building a stronger, smarter electric grid for Puerto Rico
Michelle Kantrow October 31, 2025

Projects in Monacillos, Bayamón, Humacao, Arecibo and Ponce aim to boost reliability, efficiency and customer service through substation upgrades, smart meter installations and restored transmission lines. #NewsismyBusiness

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As Congress remains gridlocked, the political impasse in Washington threatens to disrupt food aid for nearly half of Puerto Rico’s residents, underscoring the island’s heavy reliance on federal funding to meet basic needs. (Credit: Waingro | Dreamstime.com)
Biz Views
Shutdown spotlights Puerto Rico’s federal dependency
NIMB Staff October 31, 2025

As the U.S. shutdown drags on, economist Graham Castillo warns that Puerto Rico’s food aid crisis shows its heavy reliance on federal aid. #NewsismyBusiness

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Airbnb said that, as part of its anti-party measures, it prevented about 38,000 people in the United States and 260 in Puerto Rico from booking entire homes over Halloween weekend last year. (Credit: Nikkytok | Dreamstime.com)
In-Brief
Airbnb activates anti-party tech for Halloween
NIMB Staff October 31, 2025

The platform deploys machine learning to block high-risk bookings across Puerto Rico, warning users not to book for others. #NewsismyBusiness

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From left: Jorge L. Pérez, CEO of Discover Puerto Rico, and Raúl Bustamante, chairman of Discover Puerto Rico, during the 2025 Industry Update event in San Juan, where tourism officials shared results and forecasts for the island’s record-setting visitor growth.
In-Brief
Puerto Rico tourism on pace for record year-end
NIMB Staff October 31, 2025

Discover Puerto Rico unveils new marketing alliances, cruise milestones and events driving 2025 growth. #NewsismyBusiness

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Dora Márquez, marketing director and general manager for Nestlé Professional Solutions in Puerto Rico, during the announcement of the company’s expanded beverage and culinary portfolio on the island.
In-Brief
Nestlé expands food, beverage portfolio in Puerto Rico
NIMB Staff October 31, 2025

The company introduces cold drinks, new culinary brands and partnerships to strengthen its local food service business. #NewsismyBusiness

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The project will transform Lilly del Caribe’s PR01 plant, built in 1968, into an oral solid dose manufacturing facility for orforglipron — Lilly’s first oral GLP-1 receptor agonist — while expanding the PR05 plant dedicated to insulin production.
Featured, Manufacturing
Lilly invests $1.2B to expand Puerto Rico operations
NIMB Staff October 30, 2025

The Carolina campus modernization will create 1,100 jobs boost production capacity, and strengthen the island’s role in U.S. manufacturing. #NewsismyBusiness

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Chantal Benet, of Inteligencia Económica, presents the findings of the 2025 telecommunications industry impact report commissioned by the Puerto Rican Telecommunications Alliance.
Featured, Telecommunications/Technology
Puerto Rico telecom sector tops $3.5B investment
NIMB Staff October 30, 2025

APT study finds industry generates billions in wages, thousands of jobs and remains vital to the island’s economic growth. #NewsismyBusiness

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A Mastercard–Endeavor survey found that Puerto Rican entrepreneurs see community and networking as the island’s top business advantages, followed by proximity to markets and competitive operating costs.
Featured, General Biz News
Study: Puerto Rico startups surge despite capital limits
NIMB Staff October 30, 2025

Mastercard–Endeavor report finds record growth, rising revenues and a maturing innovation ecosystem driven by talent and resilience. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Companies that weren’t born with AI have a long and arduous adaptation process, especially large companies with hundreds or thousands of employees. Those companies are going to lose their competitiveness to smaller businesses that are born with AI, can go faster and don’t have legacy systems to convert and maintain.”

 

— Nicolas Galarza, founder, Wealth2B

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