Job fairs in Moca and Bávaro: Ministry of Labor invites applicants
Bavaro & Punta Cana January 24, 2024 | 11:12 pm
Santo Domingo.- The Ministry of Labor, in its role as an intermediary between companies that need to fill their available vacancies, invites interested individuals to participate in j[...]BHD and the ICO ratify an agreement to encourage Spanish investment in the DR
Economy January 23, 2024 | 4:32 pm
Madrid, Spain.- Banco BHD has obtained approval from the Official Credit Institute of Spain (ICO) for a credit line of up to $50 million. The funds are designated to finance investmen[...]Bank credit to tourism amounted to RD$105.5 million in 2023
Economy January 23, 2024 | 9:02 am
Santo Domingo.- At the close of 2023, the dominican bank played a pivotal role in driving the tourism sector's development with a credit portfolio surpassing RD$105,500 million (US$1,[...]Banreservas launches Remesas Reservas app in Fitur
Economy January 23, 2024 | 8:00 am
Madrid, Spain.- The Reserve Bank unveiled a technological initiative at the 2024 International Tourism Fair (Fitur), designed to facilitate remittance transfers for Dominicans residin[...]Merchants say they are living on hope; lots of merchandise, few customers
Economy January 21, 2024 | 10:07 am
Santo Domingo—Between one story and another, men and women who spend their day at their stalls in the markets of Santo Domingo and the National District between three and six o'clock in the morning [...]Calls for not banning plastics as a polluter
Economy January 21, 2024 | 7:00 am
The president of the Round Table of the Commonwealth Countries in the Dominican Republic, Fernando González Nicolás, clarified that banning plastics is not the most practical or economical measure t[...]Dominican Republic’s Free Trade Zones see record growth
Economy January 20, 2024 | 1:46 pm
Santo Domingo.- The Dominican Republic's free trade zones (FTZs) saw record growth in 2023, with exports reaching US$8.06 billion, up from US$5.89 billio[...]
Bananas remain expensive in grocery stores
Economy January 20, 2024 | 11:56 am
The banana continues to sell the same as at the beginning of last year in the grocery stores and has only had a slight market decrease. The unit of plantains in the grocery stores is between RD$30.[...]INICIA and Gerdau sign share acquisition agreement
Economy January 18, 2024 | 2:02 pm
Santo Domingo.- INICIA announced through a press release the acquisition of all shares held by Gerdau in Gerdau Metaldom, Gerdau Diaco, Cyrgo, and Kbina. This transaction was carried [...]Raquel Peña highlights economic growth at Davos Forum
Economy January 17, 2024 | 4:20 pm
Davos, Suiza.- Vice President Raquel Peña underscored the Dominican Government's commitment to transparent and fair policies, aiming to curb corruption, money laundering, and drug tr[...]French President Macron shows support for development projects in the Dominican Republic
Economy January 17, 2024 | 8:08 am
Santo Domingo.- In a letter to President Luis Abinader dated December 31, 2023, French President Emmanuel Macron expressed France's commitment to strengthening bilateral relations wit[...]Promegan: revolutionizing Dominican livestock for sustainable growth
Economy January 15, 2024 | 10:52 am
Santo Domingo.- The Livestock Improvement Project in the Dominican Republic, Promegan, achieved 17,000 inseminations by enhancing 13 existing artificial insemination services and esta[...]Tourism the Dominican Republic’s path to wealth, says Cap Cana President
Economy January 15, 2024 | 9:57 am
Santo Domingo.- Fernando Hazoury, President of Cap Cana's Board of Directors, emphasized the pivotal role of tourism in the economic growth of the Dominican Republic. He likened touri[...]Sugar producers oppose zero import tax, citing self-sufficiency and international agreements
Economy January 15, 2024 | 8:09 am
Santo Domingo.- Dominican Republic's sugar producers, represented by the National Sugar Union (UNAZUCAR), have voiced their opposition to a proposed law for zero import tax on sugar. [...]Abinader: Dominican Republic in best moment for investment
Economy January 14, 2024 | 1:05 pm
President Abinader says the Dominican Republic is one of the safest countries in the world, which is getting stronger every day. The 10.3 million tourists who arrived in the Dominican Republic last y[...]Dominican Republic, top tourist destination in the Caribbean
Economy January 13, 2024 | 11:33 am
The Dominican Republic is the top tourist destination in the Caribbean, according to TripAdvisor's list of "Best of the Best 2024 in the Caribbean" winners. In the same order, the Dominican Republi[...]Is there a risk of an exchange rate crisis of the dollar and the peso in the Dominican Republic?
Economy January 13, 2024 | 11:00 am
Economist Magín Díaz said Friday that there is no risk of an exchange rate crisis because the Central Bank has 15 billion in reserves and has credibility. "Hector Valdez Albizu comes out one day [...]Dominican Republic’s Tourism sector achieves record growth
Economy January 12, 2024 | 8:08 am
Santo Domingo.- In a significant event presided over by President Luis Abinader, Tourism Minister David Collado announced remarkable growth in the Dominican Republic's tourism sector.[...]President Abinader champions tourism as key to Dominican Republic’s growth
Economy January 11, 2024 | 2:46 pm
Santo Domingo.- President Luis Abinader emphasized the critical role of tourism in transforming the Dominican Republic into a leading global and regional tourism power. During a publi[...]President Luis Abinader leads meeting on 2024 budget execution
Economy January 9, 2024 | 11:24 am
Santo Domingo.- President Luis Abinader is presiding over a Council of Ministers and general directors at the National Palace, focusing on the execution of the Dominican Republic's 20[...]