The number of English tourists visiting the Dominican Republic is projected to double within the next five years.

The number of English tourists visiting the Dominican Republic is projected to double within the next five years.

Manuel Luna, Sharon Cabral, Julia Simpson, Frank Elias Rainieri and Amauris Vásquez along with other personalities New investments are being made in the DR to diversify the offer, which includes international hotel companies. London, United Kingdom. The arrival of tourists to the Dominican Republic from Great Britain could double in the next five years, said … Read more

Abinader forecasts foreign investment to hit $4.4 billion in 2021

Abinader forecasts foreign investment to hit .4 billion in 2021

Same.- President Luis Abinader presided over the inauguration of a new luxury hotel in Cayo Levantado, representing a 50 million euro investment in the province of Samaná. The hotel will create over 500 direct employment opportunities in the region. President Abinader highlighted positive trends in foreign investments in the Dominican Republic during the inauguration event. … Read more

Dominican Republic on track for highest regional economic growth in 2024, says Macarrulla

Dominican Republic on track for highest regional economic growth in 2024, says Macarrulla

Santo Domingo.- The former president of the National Council of Private Enterprise (CONEP) and the Association of Industries of the Dominican Republic (AIRD), Lisandro Macarrulla, has expressed positive opinions about the economic growth prospects of the Dominican Republic. According to the latest report from the International Monetary Fund (IMF), the Dominican economy is projected to … Read more

Representative from the Dominican Republic’s Ministry of Economy signs the Samoa Agreement

Representative from the Dominican Republic’s Ministry of Economy signs the Samoa Agreement

Santo Domingo.- The Minister of Economy, Planning and Development of the Dominican Republic, Pável Isa Contreras, expressed the commitment of the Caribbean region to collaborate with the European Union in the implementation of the new Samoa Agreement and the Caribbean Regional Protocol. This cooperation aims to achieve sustainable and inclusive development in the region. Minister … Read more

The 10th Annual Dominican Week Commences in the United Kingdom

The 10th Annual Dominican Week Commences in the United Kingdom

London.- The British Chamber of Commerce of the Dominican Republic (BRITCHAM RD), in collaboration with the Dominican Embassy in the United Kingdom and the United Kingdom Embassy in the Dominican Republic, launched the tenth edition of Dominican Week in the United Kingdom on Monday. This event features a delegation of over 100 businesspeople and government … Read more

British investment in the Dominican Republic saw a 284% increase in the past year

British investment in the Dominican Republic saw a 284% increase in the past year

Santo Domingo.- Foreign Direct Investment (FDI) from the United Kingdom to the Dominican Republic has experienced significant growth in recent years. Between 2018 and 2022, FDI flows from the United Kingdom to the Dominican Republic amounted to $82.3 million, of which $66.8 million was recorded in 2022 alone. This represents a notable increase of 284% … Read more

New agreement between Dominican Republic and Jamaica expected to boost exports and trade

New agreement between Dominican Republic and Jamaica expected to boost exports and trade

Santo Domingo.- The Minister of Foreign Affairs and Foreign Trade of Jamaica, Kamina Johnson, shared details of her visit to the Dominican Republic, where she held meetings with President Luis Abinader and the Minister of Foreign Affairs, Roberto Álvarez. During her visit, Kamina Johnson addressed various aspects. She discussed the upcoming visit of the Prime … Read more

Google Wallet in the Dominican Republic welcomes Banco Promerica as a new partner

Google Wallet in the Dominican Republic welcomes Banco Promerica as a new partner

SANTO DOMINGO – Banco Promerica announced that its credit and debit cards are integrated into Google Wallet, enabled by Google Pay, allowing its cardholders to take advantage of simple and secure contactless payments through Android and Wear OS devices. Customers who have credit and debit cards from the bank will be able to enable “Google … Read more

Trade exchange in the country experiences a 40% increase

Trade exchange in the country experiences a 40% increase

The Minister of Industry, Commerce and Small and Medium Enterprises, Victor-Ito-Bisono, led the debate titled DR-Cafta Beyond Santo Domingo—Since 2022, the country’s trade with the world has grown by 40%. This generated an exponential increase in imports and exports. The Vice Minister of Foreign Trade of the Ministry of Industry, Commerce and MSMEs (MICM), Vilma … Read more

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