Finance

Pavel Isa Contreras, Dominican Minister of Economy Santo Domingo, DR. – Given the diplomatic conflict affecting trade relations between the Dominican Republic and Haiti, the vision of the officials leading President Luis Abinader’s administration is to establish agreements with other Caribbean countries. The Minister of Planning and Economic Development (MEPYD), Pável Isa Contreras, believes that … Read more

Punta Cana. Due to the cold front season that began in November in the Dominican Republic and extends until the end of March or first week of April 2024, good fishing suffers as the squid bait no longer rises due to the temperatures. Fisher José Alberto explains that, as a result of the cold, little … Read more

The Dominican ambassador to South Korea, Federico Cuello. Arlenis Castillo Ambassador Federico Cuello states that Barceló brand rum will soon be exported to Asian nations for cocoa and coffee. South Korea remains interested in signing a free trade agreement with the Dominican Republic, which would benefit the country since the economies of both countries do … Read more

The Port of Cabo Rojo in Pedernales is about to complete its initial phase, ready to receive its first cruise ships with capacity for 3,000 passengers. This important milestone is expected to be achieved in December 2023, with the inaugural cruise docking between December 15, 2023 and the first week of January 2024. Jean Luis … Read more

Santo Domingo.- the Caribbean, home to more than 44 million people and known for its white sand beaches and rich heritage of Spanish, French and Dutch ancestors, is emerging as a key export destination for the Dominican republic. This potential is underlined by data from the Export and Investment Center of the Dominican republic (ProDominicana), … Read more

Santo Domingo.- The president of the Education Commission of the Chamber of Deputies, Nolberto Ortiz De la Cruz, has praised the former Minister of Education, Roberto Fulcar, for his role in the satisfactory performance of the Dominican Republic in the PISA 2022 test. Ortiz De la Cruz highlighted that the “Education for Better Living” model … Read more

At COP28, the Minister of Environment and Natural Resources of the Dominican Republic, Miguel Ceará Hatton, reaffirmed the government’s commitment to expanding forest cover and preserving water sources. Carlos Felipe Jaramillo, World Bank vice president for Latin America and the Caribbean, praised the Dominican Republic’s reforestation efforts. The Dominican Republic is one of the few … Read more

Santo Domingo.- The Ministry of Housing and Building (MIVED) and the National Statistics Office (ONE) have jointly presented an updated methodology to measure the housing deficit in the Dominican Republic. The objective is to provide a comprehensive and up-to-date view of the housing situation in the country, benefiting policymakers, academics and the public. This updated … Read more

Santo Domingo.- World Bank report highlights the potential of Dominican Republic’s climate action for economic growth and poverty reduction. Today, the World Bank released a report emphasizing the transformative potential of climate action. This action can boost economic growth and reduce poverty levels in the Dominican Republic. To achieve its ambitious goal of achieving net-zero … Read more

The country has exported 22,028.73 metric tons (MT) worth $507.8 billion.SHUTTERSTOCK In six months (January-June) of 2023, cigarettes have become the agricultural product that has generated the most export income for the Dominican Republic. According to data from the Vice Ministry of Agricultural Sector Planning of the Ministry of Agriculture, the country has exported 22,028.73 … Read more