Areas in which the Dominican Republic exceeds the Latin American average and those in which it does not are cited
Economy December 17, 2023 | 8:00 am
Santo Domingo—The DR is more competitive in tourism than other countries but faces the challenge of distributing the benefits derived from the growth of this sector more equitably. Precarious res[...]Private aviation tourism in the Dominican Republic generates over US$400 million
Economy December 16, 2023 | 6:01 am
Santo Domingo.- Non-commercial private aviation generates more than US$400 million for the Dominican Republic, according to Víctor Pichardo, executive director of the Airport Department (DA). "Onl[...]Drop in prices for premium and regular gasoline
Economy December 15, 2023 | 5:52 pm
Santo Domingo.- The Deputy Minister of Internal Trade, Ramón Pérez Fermín, conveyed on Friday that the global market for petroleum derivatives has started to ease, leading to a drop in prices for p[...]Libra Group Executive explores investment opportunities in Dominican Republic
Economy December 15, 2023 | 4:41 pm
Santo Domingo.- George Logothetis, the executive president of Libra Group, a multinational investment company, recently concluded a 48-hour visit to the Dominican Republic. Invited by[...]APORDOM director urges not to politicize Cabo Rojo Port construction issue
Economy December 15, 2023 | 4:37 pm
Santo Domingo.- Jean Luis Rodríguez, the executive director of the Dominican Port Authority (APORDOM), has called for a non-politicized approach to the recent worker protests at the [...]Dominican Republic’s first cigar and rum business forum in Jamaica
Economy December 15, 2023 | 11:19 am
Santo Domingo.- The Dominican Republic Embassy in Jamaica recently held its First Cigar and Rum Business Forum, a groundbreaking event in commercial diplomacy, aiming to boost the nat[...]USAID announces $1.4 million donation to boost Dominican Republic’s trade
Economy December 15, 2023 | 8:22 am
Santo Domingo.- During her recent visit to the Dominican Republic, USAID Deputy Administrator Isobel Coleman announced a significant $1.4 million donation from the United States Gover[...]World Bank approves $225 million project to revamp Dominican Republic’s electricity sector
Economy December 14, 2023 | 3:49 pm
Santo Domingo.- The World Bank has greenlit a new initiative in the Dominican Republic, investing $225 million to enhance the country's electricity sector. This project aims to signif[...]President Abinader commits over one billion pesos to boost Dominican poultry sector
Economy December 14, 2023 | 12:13 pm
Santo Domingo.- In a significant move to bolster the Dominican Republic's poultry industry, President Luis Abinader has announced the allocation of over one billion pesos towards vari[...]USAID commits $1.4 Million for Dominican trade enhancement
Economy December 14, 2023 | 12:00 pm
Santo Domingo.- The United States Agency for International Development (USAID) has announced a significant commitment to support the Dominican Republic's trade sector. Deputy Administ[...]Barrik Pueblo Viejo earns prestigious Igualando Republic Dominicana Platinum Seal for gender equality
Economy December 14, 2023 | 9:48 am
Santo Domingo.- Barrick Pueblo Viejo, a leading mining company in the Dominican Republic, has been awarded the prestigious Igualando RD Platinum Seal. This recognition, a part of a ce[...]$250 million boost for Women-Led SMEs in Dominican Republic by top banks
Economy December 14, 2023 | 8:23 am
New York.- The Dominican Popular Bank (Banco Popular) has partnered with the United States International Development Finance Corporation (DFC) and Banco Santander in a significant fin[...]ENHOGAR 2022 survey reveals drinking water service challenges in the Dominican Republic
Economy December 14, 2023 | 8:17 am
Santo Domingo.- The ENHOGAR 2022 survey, conducted by the Dominican Republic's National Statistics Office, provides insights into the state of potable water service across the country[...]Dominican Republic reports continued decline in monetary poverty in 2023
Economy December 13, 2023 | 11:37 am
Santo Domingo.- The Ministry of Economy, Planning and Development of the Dominican Republic has released a report showing a sustained decrease in general monetary poverty in the third[...]President Abinader recognized by Dominican milk producers for advancing livestock industry
Economy December 13, 2023 | 8:12 am
Santo Domingo.- President Luis Abinader was honored by the Dominican Association of Milk Producers (APROLECHE) for his significant contributions to the Dominican livestock sector. APR[...]President Abinader stresses foreign investment’s role in Dominican Republic’s economic growth
Economy December 12, 2023 | 1:20 pm
Santo Domingo.- President Luis Abinader emphasized the critical role of foreign investment in the economic development of the Dominican Republic. Speaking[...]
Dajabón border market reopens amidst limited attendance
Economy December 12, 2023 | 9:28 am
Dajabon.- The Dajabón border market, a significant trading hub between the Dominican Republic and Haiti, has recommenced operations with noticeably reduced activity. With less than 100 clients and th[...]President Abinader announces significant reduction in poverty and employment growth
Economy December 12, 2023 | 8:04 am
Santo Domingo.- President Luis Abinader of the Dominican Republic announced a notable decrease in the country's poverty rate, marking a 23.4% reduction from April to June 2023, reachi[...]Dominican Republic benefits from extended AERODOM contract, asserts Minister Joel Santos
Economy December 11, 2023 | 2:52 pm
Santo Domingo.- Joel Santos Echavarría, the Dominican Republic's Minister of the Presidency, today emphasized the significance of extending the contract with Aeropuertos Dominicanos [...]Copa airlines resumes flights between Panama city and Santiago de los Caballeros
Economy December 11, 2023 | 12:44 pm
Santo Domingo.- Copa Airlines is set to restart its flight services between Panama City and Santiago de los Caballeros from April 2, 2024. This route reintroduction marks Santiago as [...]