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Puerto Rico’s real gross domestic product grew 3% in 2023, recovering from a 2.1% decline in 2022, according to the U.S. Bureau of Economic Analysis.
Economy, Featured
Puerto Rico’s GDP grows 3% in 2023 after decline
NIMB Staff September 18, 2025

Exports, government spending and tourism drive economic rebound, BEA data shows. #NewsismyBusiness

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A Puerto Rico Aqueduct & Sewer Authority pipeline.
In-Brief
Jacobs to design resilient wastewater project in Mayagüez
NIMB Staff September 18, 2025

PRASA selects firm for 1.1-mile ocean outfall replacement damaged by Hurricane María. #NewsismyBusiness

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Karen Garnik, CEO of Global Vision Marketing & Communications, will represent Puerto Rico at the 5th Latin American Public Relations Summit in Honduras.
In-Brief
Puerto Rico joins LatAm public relations summit in Honduras
NIMB Staff September 18, 2025

Karen Garnik to represent island at international forum on public relations and strategic communication. #NewsismyBusiness

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The Star of the Seas docked at San Juan’s Pier 3 during its first visit to Puerto Rico.
Featured, Tourism/Transportation
Cruise arrivals bring $800K boost to San Juan economy
NIMB Staff September 17, 2025

Star of the Seas debut, Celebrity Beyond bring 13,000 visitors, $3.5 million impact projected this year. #NewsismyBusiness

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Housing unit sales in Puerto Rico rose to 2,467 in the first quarter of 2025, but remain below the 2021 peak of 3,326, according to the Office of the Commissioner of Financial Institutions.(Screen capture)
Economy, Featured
ETI: Housing affordability crisis persists in Puerto Rico
NIMB Staff September 17, 2025

Index shows limited relief despite falling prices and higher sales. #NewsismyBusiness

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The program supports coordination, operations, marketing and equipment for four farmers markets in Puerto Rico’s northwest region.
Agriculture, Featured
Federal funds boost 4 farmers’ markets in northwest Puerto Rico
NIMB Staff September 17, 2025

USDA-backed program expands fresh food access, aids farmers. #NewsismyBusiness

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InvestPR’s production crew works on the next phase of its institutional campaign at the Lufthansa Technik base maintenance site in Puerto Rico.
In-Brief
InvestPR earns global awards, unveils 2nd phase of campaign
NIMB Staff September 17, 2025

Organization recognized by IEDC for promotion strategies. #NewsismyBusiness

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Nelson I. Colón-Tarrats, chief executive officer of the Puerto Rico Community Foundation.
In-Brief
Oriental launches 3rd seed fund call for nonprofits
NIMB Staff September 17, 2025

Program supports incubation and acceleration of entrepreneurs. #NewsismyBusiness

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Rafael Castro-Montes de Oca, president and founder of RCMdO Aquitectos, at the firm’s new headquarters in Santurce.
In-Brief
RCMdO Arquitectos opens new Santurce headquarters
NIMB Staff September 17, 2025

Firm invests $800,000 in space to drive growth and innovation. #NewsismyBusiness

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Uber and Puerto Rico’s Urban Train saw record ridership during Bad Bunny’s “No me quiero ir de aquí” residency at the Puerto Rico Coliseum. (Image generated by ChatGPT)
Featured, Tourism/Transportation
Uber, ATI mark record ridership during Bad Bunny residency
NIMB Staff September 16, 2025

Puerto Rico’s Urban Train and Uber report “historic” mobility figures linked to activities at the Coliseo de Puerto Rico. #NewsismyBusiness

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The U.S. Court of Appeals for the First Circuit ruled Aug. 29 that President Trump exceeded his authority by imposing the April 2 reciprocal tariffs, leaving the future of tariffs on imports from more than 60 countries uncertain. (Credit: Skypixel | Dreamstime.com)
Biz Views
Tariffs face uncertainty after First Circuit ruling
NIMB Staff September 16, 2025

Analyst Graham Castillo says Puerto Rico now faces legal and economic questions. #NewsismyBusiness

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From left, Diego Szteinhendler, senior vice president for fintechs and digital partners at Mastercard Latin America and the Caribbean, and Mike Vizcarrondo, chief product and innovation officer at Evertec, attend Mastercard Day Puerto Rico at the Condado Vanderbilt Hotel in San Juan.
In-Brief
Evertec expands Mastercard alliance to boost payments
NIMB Staff September 16, 2025

Partnership focuses on digital transformation, security and innovation in Latin America’s financial ecosystem. #NewsismyBusiness

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Farmacia Caridad’s 50th store opened at the Reparto Metropolitano Shopping Center in San Juan.
In-Brief
Farmacia Caridad marks milestone with 50th store
NIMB Staff September 16, 2025

New 12,000-square-foot pharmacy expands services and strengthens the chain’s presence in the metropolitan area. #NewsismyBusiness

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Payment technology company MagicPay has launched its latest point-of-sale solution, now available on Pax Technology and Sunmi smart terminals.
In-Brief
MagicPay rolls out POS app for Puerto Rico, USVI markets
NIMB Staff September 16, 2025

New bilingual platform integrates ATH Business, IVU Control and advanced payment features for regional merchants. #NewsismyBusiness

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Amazon Music will stream “No me quiero ir de aquí: Una más” live from the Puerto Rico Coliseum on Sept. 20 at 8:30 p.m. Eastern time, marking the final night of Bad Bunny’s residency.
Featured, General Biz News
Amazon, Bad Bunny drive new investment in Puerto Rico
NIMB Staff September 15, 2025

Partnership links global music platform with education, agriculture, and economic growth initiatives to strengthen the island’s economy. #NewsismyBusiness

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QUOTE OF THE WEEK:

“The economic storm and changes in consumer behavior demand a more empathetic and transparent approach. Success for 2025 and beyond will lie in companies’ ability to build trust and offer genuine value.”

 

— Tatiana Irizarry, NielsenIQ’s commercial leader in Puerto Rico

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