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Economy, Featured
Puerto Rico’s economy gains momentum as indicators show steady growth
NIMB Staff August 4, 2025

Coincident and leading indexes reflect rebound, though challenges remain. #NewsismyBusiness

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Claro Space is a 360-degree immersive facility located at the Parque de las Ciencias in Bayamón.
In-Brief
Claro, Toroverde open 1st 360° immersive dome in Latin America
NIMB Staff August 4, 2025

“Claro Space” debuts in Bayamón’s Parque de las Ciencias as a tech-driven attraction. #NewsismyBusiness

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Sebastián Negrón-Reichard, secretary of the Department of Economic Development and Commerce, speaks with a student involved in developing the Interactive Map of Puerto Rico’s Logistics and Cargo Ecosystem.
In-Brief
DDEC, Polytechnic University team up on logistics ecosystem map
NIMB Staff August 4, 2025

Student-led project will centralize Puerto Rico freight data to spur growth. #NewsismyBusiness

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In-Brief
Pavas Creativas gives Puerto Rican straw hats a fashionable makeover
NIMB Staff August 4, 2025

Entrepreneur Janet James turns cultural icon into bold fashion accessory. #NewsismyBusiness

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Featured, General Biz News
NIST defines resilience gaps in Puerto Rico post-Hurricane María recovery
G. Torres August 1, 2025

Preliminary findings cite key vulnerabilities in business and infrastructure. #NewsismyBusiness

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FirstBank’s headquarters in San Juan, Puerto Rico
In-Brief
First BanCorp named top-performing US bank in its asset class
NIMB Staff August 1, 2025

Ranking highlights financial strength and operational discipline of FirstBank Puerto Rico’s parent company. #NewsismyBusiness

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Moisés Reyes, executive president of the Cooperativa AgroComercial de Puerto Rico
In-Brief
Café Cibales unveils new premium packaging to reach broader markets
NIMB Staff August 1, 2025

Puerto Rico’s oldest coffee cooperative modernizes its flagship brand’s image. #NewsismyBusiness

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Each person who wears an El Galpón accessory should “feel unique, special and part of a tradition that honors what is made by hand and with heart,” the founders said.
Featured, Small Business
El Galpón expands into wooden accessories with focus on sustainability
NIMB Staff July 31, 2025

Artisan brand approaches 20 years in business with new watches and sunglasses. #NewsismyBusiness

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Empty glass bottles are collected weekly in Cataño, Puerto Rico, then crushed and repurposed into building blocks as part of a Bacardi recycling initiative. (Credit: Silviu Matei | Dreamstime.com)
Environment, Featured
Bacardi launches glass recycling program near Cataño distillery
NIMB Staff July 31, 2025

Partnership with Reciclaje del Norte, Cataño targets hospitality waste. #NewsismyBusiness

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The 2009 explosion at the Caribbean Petroleum Corp. (Capeco) facility in Puerto Rico.
Biz Views
Insight: Is your organization ready for an emergency?
Contributor July 31, 2025

In Puerto Rico’s high-risk landscape, emergency preparedness must be proactive rather than reactive. #NewsismyBusiness

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Tropical Storm Ernesto caused significant damage to Puerto Rico’s plantain crops.
In-Brief
SBA urges Puerto Rico nonprofits to apply for disaster loans before Aug. 27
NIMB Staff July 31, 2025

Low-interest federal loans available to organizations impacted by Tropical Storm Ernesto. #NewsismyBusiness

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PrizePicks, based in North America, describes itself as the largest operator in the daily fantasy sports market, citing growth tied to regulatory expansion and product development.
In-Brief
PrizePicks obtains gaming licenses in Puerto Rico, Maine
NIMB Staff July 31, 2025

Fantasy sports operator expands into 47 U.S. jurisdictions with latest move. #NewsismyBusiness

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Great Lakes East, a Jones Act-compliant carrier, moved its Florida breakbulk operations to Port Canaveral earlier this month.
In-Brief
New barge service links Florida and Puerto Rico with monthly shipments
NIMB Staff July 31, 2025

Port Canaveral operator partners with Great Lakes East to transport construction and general cargo. #NewsismyBusiness

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ABB Puerto Rico’s manufacturing plant in Arecibo. (Credit: Zackery T. Noel, senior global product management lead at ABB)
Featured, Manufacturing
ABB to invest $30.5M to expand Arecibo operations, add 90 jobs
NIMB Staff July 30, 2025

Swiss tech firm boosts its Puerto Rico footprint with electrification focus. #NewsismyBusiness

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In-Brief
Clorox, United Way reach more than 600 children with art, donations
NIMB Staff July 30, 2025

Murals, messages and product donations highlight back-to-school effort. #NewsismyBusiness

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QUOTE OF THE WEEK:

“In today’s environment of heightened uncertainty, consumers are encouraged to prioritize financial prudence, disciplined expense control and effective budgeting to mitigate further stress on their finances.

 

A ‘wait-and-see’ approach may serve the Fed, but not consumers.”

 

— Leslie Adames, director of analysis and economic policy, Estudios Técnicos

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