9 things that are expensive in the Dominican Republic that used to be cheap
Economy May 10, 2025 | 8:37 am
In recent decades, Dominicans have experienced a significant increase in the prices of various products. Factors such as COVID-19, inflation, shortages of certain goods, and increases in production[...]This is the new RD$2,000.00 banknote that will be in circulation starting Monday
Economy May 10, 2025 | 8:19 am
The Central Bank of the Dominican Republic (BCRD) announced today that, starting Monday, May 12, 2025, it will begin the circulation of RD$2,000.00 banknotes in 2024. The BCRD indicated that[...]Abinader urges U.S. to lift 10% tariffs on Dominican exports
Economy May 8, 2025 | 8:34 am
Washington, D.C.- President Luis Abinader called for the elimination of 10% tariffs on Dominican exports to the United States during a recognition ceremony held by the Congressional I[...]Minister of Labor reaffirms commitment to fair wages and formal employment
Economy May 4, 2025 | 10:00 am
SANTO DOMINGO. — Minister of Labor Eddy Olivares Ortega [...]
2025 rice harvest: A historic milestone that sets a new national record
Economy May 4, 2025 | 9:00 am
Santo Domingo.- In a landmark event for the agricultural sector, President Luis Abinader and Minister of Ag[...]
Dollar and Currency Exchange Overview: Purchase & Sale Trends Through May 6
Economy May 3, 2025 | 11:00 am
The Central Bank reported this Friday, May 2, the exchange rate for the purchase and sale of the U.S. dollar and other currencies until the 6th of the current mo[...]
A Step toward sustainable fishing: management plan for Dorado (Mahi-Mahi) approved
Economy May 3, 2025 | 9:50 am
Santo Domingo -- In an effort to ensure responsible and sustainable fishing practices for mahi-mahi (Coryphaena hippurus), a key species for food security and the livelihoods[...]Joel Santos: We need to work on coordination and renewable storage
Economy May 3, 2025 | 8:35 am
Santo Domingo.- According to the Minister of Energy and Mines, Joel Santos, the Dominican Republic has several renewable energy projects under development. Still, he understands that the countr[...]Dominican Republic to launch Thematic Bond Guide to boost sustainable financing
Economy May 2, 2025 | 9:23 am
Santo Domingo.- The Association of Multiple Banks of the Dominican Republic (ABA) and the Latin American Federation of Banks (Felaban) will host the Third Latin American Congress on S[...]INFOTEP Director honors labor movement founders on International Workers’ Day
Economy May 1, 2025 | 5:43 pm
Santo Domingo.- On International Workers' Day, the head of the Dominican Republic's National Institute of Technical-Professional Training (INFOTEP) paid [...]
Cost of basic food basket rises in March
Economy April 30, 2025 | 5:02 pm
Santo Domingo.- In March 2025, the national cost of the basic food basket in the Dominican Republic rose to RD$46,716.79, an increase of RD$146.09 compared to the previous month. Whil[...]Government approves 25% minimum wage hike for free trade zone workers
Economy April 29, 2025 | 2:04 pm
Santo Domingo.- Labor Minister Eddy Olivares announced a 25% increase in the minimum wage for workers in the Dominican Republic’s free trade zone sector. The raise, approved by the [...]Dominican Republic awaits timely U.S. response on tariff
Economy April 29, 2025 | 8:05 am
Santo Domingo.- The Dominican government is awaiting a response from U.S. authorities following its official request last week to eliminate the 10% tariff imposed during the Trump adm[...]Dominican cocoa drives export growth to Spain in 2024
Economy April 28, 2025 | 1:13 pm
Santo Domingo.- Dominican exports to Spain have seen a sharp rise in 2024, reaching a total value of US$129.9 million compared to US$95.2 million in 2023, reflecting a year-over-year [...]Dominican poultry industry ensures food security and economic growth
Economy April 28, 2025 | 10:30 am
Santo Domingo.- Dominican poultry farming plays a vital role in both food security and the national economy, with daily production exceeding 750,000 fresh chickens. Gregory Marte, exe[...]World emblem expands manufacturing to the Dominican Republic
Economy April 28, 2025 | 10:13 am
Santiago de los Caballeros.- American company World Emblem, specializing in personalized patches and emblems, has begun expanding its operations to the Dominican Republic. This move i[...]Dollar exchange rate in the Dominican Republic: what to expect as of April 28?
Economy April 27, 2025 | 12:00 pm
Santo Domingo.- The Central Bank's exchange rates for purchasing and selling the US dollar at the close of April 25, 2025, are RD$58.7357/US$ and RD$59.0595/US$, respectively. These r[...]This would be the juicy return of the reopening of the US market for Dominican beef
Economy April 27, 2025 | 11:00 am
Santo Domingo.- After more than 10 years of technical work, the Dominican Republic reopened the US market for beef exports. This milestone represents a strategic opportunity for developing the country[...]Dominican Republic expected to top global growth (excluding Caribbean) in 2026
Economy April 26, 2025 | 9:57 am
Santo Domingo.- According to data from its report on the Economic Outlook for the Western Hemisphere, the International Monetary Fund (IMF) ranks the country as the second fastest-gr[...]Tourism solidifies role as Dominican Republic’s main economic driver
Economy April 25, 2025 | 10:39 am
Santo Domingo.- In 2024, the Dominican Republic's foreign exchange earnings continued to be driven primarily by tourism and remittances, wh[...]
