Are you looking for the latest news and updates on finance in the Dominican Republic? Our “Dominican Republic Finance” category provides up-to-date information on topics like banking, taxes, investing, and more. Stay informed with our comprehensive coverage of the financial landscape of the Dominican Republic, including expert analysis and information on the country’s economic trends and policies. From local business developments to global market updates, our category is your go-to source for all things finance in the Dominican Republic.
Santo Domingo.- The Central Bank of the Dominican Republic (BCRD) announced yesterday that a new 100 peso bill, dated 2023, will be in circulation in the country starting February 9. Through its account He specified that the new banknotes will maintain their status as legal tender for the payment of all public and private obligations.
Punta Cana.-By the end of this year, economic growth in the Dominican Republic will return to its potential path of 5.0%, inflation will remain around the center of the policy target range of 4.0% ± 1.0% and interest rates will move towards low, if the risk factors do not intensify. The Central Bank expert, Osvaldo … Read more
Santo Domingo, DR.- The Dominican Association of Free Zones (ADOZONA) has published projections that indicate significant employment growth in 2024, surpassing the historical milestone of 200,000 direct jobs within the country's free zones. Luis José Bonilla Bojos, President of ADOZONA, highlighted the fundamental role of the sector in the national economy, recognized as a main … Read more
The Cooperative Republic of Guyana and the Puntacana Group signed a public-private agreement for the construction, operation, and joint management of a new airport terminal at the Cheddi Jagan International Airport in Guyana. The signing was carried out between Mr. Juan Edghill, Minister of Public Works of the Cooperative Republic of Guyana, and Mr. Frank … Read more
Santo Domingo.- The Ministry of Education of the Dominican Republic (Minerd) has presented a new initiative called “We follow a thousand”, with the aim of providing direct assistance to families with students enrolled in public schools. This program involves a contribution of one thousand pesos, accessible through the Reserve Bank’s remittance system. This initiative follows … Read more
Punta Cana; Saving is considered reserving part of current income to ensure the future, an exercise that is not easy for the brain. Some experts advise good planning, getting good advice, and being aware that income and expenses vary at different stages of life. Becoming aware of the importance of savings is essential to maintaining … Read more
Santo Domingo—Crees points out that high fuel taxes and legally established profit margins are the main factors behind this reality. The Dominican Republic is the third country with the most expensive fuel prices compared to similar economies in Central America, according to the Regional Center for Sustainable Economic Strategies (Crees) in an article. With the … Read more
Santo Domingo.- The Dominican Peasant Movement denounced this Friday that high production costs are causing producers to stop producing basic foods and opt for other more profitable products. They also pointed out that the situation of small producers has always been “difficult” but that for some they have now improved their living conditions, ensuring that … Read more
SAMANÁ, RD.- The Dominican Republic's Ministry of Environment and Natural Resources (MMARN) took a group of journalists on a whale watching trip on Saturday in Samaná, a province on the country's northeast coast. The goal was to raise awareness about the importance of protecting the humpback whales that migrate to the area each winter. The … Read more
Iliana Rodríguez Aristy and Daniel García Chajin. Punta Cana—The collaboration agreement signed will be to develop the 'Puerto Marina Residences' project in Cap Cana, Punta Cana, Dominican Republic, and its investment will exceed 100 million dollars. Madrid, Spain, January 2024. Within the framework of the celebration of the International Tourism Fair (FITUR) 2024, Utopia Development … Read more