Economy

Santo Domingo, DR – The General Directorate of Migration (DGM) has sanctioned 25 companies for employing undocumented foreign workers, calling the move a “historic precedent” in the enforcement of the …

Santo Domingo, DR – The National Institute for Technical–Professional Training (INFOTEP) has trained more than 2.7 million Dominicans during President Luis Abinader’s administration, a milestone hailed as a catalyst for …

Santo Domingo, DR – The tourism sector in the Dominican Republic is poised to reach a new milestone by the end of 2025, contributing an estimated US$21.1 billion to the …

SANTO DOMINGO – The Barceló Group closed 2024 with a historic net profit of €301.8 million, a 56% increase over the previous year, marking one of the strongest financial performances …

SANTO DOMINGO — The Dominican Republic’s public debt has climbed by US$3.75 billion in the first four months of 2025, reflecting a 6.52% increase since the start of the year. …

Santo Domingo – The escalating conflict between Israel and Iran could have far-reaching consequences beyond the Middle East, with the Dominican Republic potentially feeling the economic ripple effects, according to …

PUNTA CANA, Dominican Republic — Construction is officially underway on TAMAN, the first real estate development in the La Rinconada sector along Punta Cana’s Eastern Tourist Boulevard. Spearheaded by developer …

Santiago de los Caballeros, Dominican Republic — The Dominican Republic has reaffirmed its position as the world’s top exporter of premium cigars, producing more than 8.4 billion cigars per year, …

Baní, Dominican Republic — Vice President Raquel Peña announced on Monday the allocation of RD$64 million in zero-interest loans for mango producers in Baní, as part of a broader government …

SANTO DOMINGO – President Luis Abinader has attributed the Dominican Republic’s economic momentum and record-breaking export growth to the government’s focus on creating favorable business conditions and cultivating an export-driven …