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 United States Agency for International Development (USAID) has announced a major commitment to support the Dominican Republic’s business sector. Deputy Administrator Isobel Coleman revealed a $1.4 million donation. The announcement was made during her visit to the Ministry of Industry, Commerce and MSMEs. This financing aims to strengthen the Global Alliance for … Read more
Santo Domingo.- In a significant move to boost the Dominican Republic’s poultry industry, President Luis Abinader has announced the allocation of more than one billion pesos for various initiatives aimed at improving this vital sector. This commitment was revealed during a meeting organized by the Dominican Association of Poultry Farmers (ADA) in Moca. The president … Read more
Santo Domingo.- The ENHOGAR 2022 survey, carried out by the National Statistics Office of the Dominican Republic, provides information on the state of the drinking water service throughout the country. Of 35,949 people surveyed, only 25,925 receive drinking water. The survey highlights that more than half of these homes receive water service only 1 to … Read more
Santo Domingo.- Barrick Pueblo Viejo, a leading mining company in the Dominican Republic, has been awarded the prestigious Igualando RD Platinum Seal. This recognition, which is part of a certification program of the Ministry of Women and the United Nations Development Program (UNDP), is a recognition of the company’s sustained efforts to promote gender equality … Read more
NY.- Banco Popular Dominicano (Banco Popular) has partnered with the United States International Development Finance Corporation (DFC) and Banco Santander in a major financial collaboration to support the growth of small and medium-sized businesses (SMEs) in the Dominican Republic. They have signed an agreement for a financing fund of US$250 million, specifically aiming to support … Read more
Santo Domingo.- The Ministry of Economy, Planning and Development of the Dominican Republic has published a report showing a sustained decrease in overall monetary poverty in the third quarter of 2023. The report indicates an internal annual reduction of 4.0 percentage points, bringing the rate down to 24.4%. The rate, calculated for the period July-September … Read more
Punta Cana. Extensa Group, in alliance with Wyndham Hotels & Resorts, broke ground on its Palace Suites Punta Cana Downtown Trademark by Wyndham project, with an amount of US$38 million, which will increase as will the rate of return. of clients, under the administration of a hotel chain and a powerful operator, located in the … Read more
Santo Domingo.- President Luis Abinader was honored by the Dominican Association of Milk Producers (APROLECHE) for his important contributions to the Dominican livestock sector. APROLECHE praised President Abinader for implementing key public policies, including the mandate for the inclusion of National Milk in school breakfast programs and the promotion of the Livestock Improvement Project in … Read more
Santo Domingo.- President Luis Abinader emphasized the fundamental role of foreign investment in the economic development of the Dominican Republic. Speaking at the presentation of the study, “Impact of Foreign Direct Investment (FDI) in the Dominican Economy: Let’s Double the Investment,” he outlined various strategies aimed at attracting and retaining foreign capital. Abinader highlighted the … Read more
Santo Domingo.- President Luis Abinader of the Dominican Republic announced a significant decrease in the country’s poverty rate. It marks a 23.4% reduction from April to June 2023, reaching the lowest level since 2016. This progress aligns with the economic policies and initiatives of his administration. President Abinader highlighted that his administration has implemented two … Read more