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 governments of the Dominican Republic and the United States, as well as the Dominican Republic and Jamaica, have approved the export of water coconuts and avocados, respectively. This move is seen as a major boon to the country’s agricultural sector. The Ministry of Agriculture made this encouraging announcement, highlighting the positive impact … Read more
The Science and Art Foundation, led by directors José Serulle Ramia and Jacqueline Boin, proudly presented the Twenty-Seventh Ecotourism and Production Fair. This event aims to showcase and promote the community of El Cercado in the San Juan de El Valle region. The main objective is to transform ecotourism and sustainable production into viable avenues … Read more
The Central Bank of the Dominican Republic (BCRD) published its latest inflation report for August 2023. The consumer price index (CPI) increased by 0.52% in August, bringing the annual inflation rate to 4.27% for the period of August 2022 to August 2023. This rate is within the target range of 4.0% ± 1.0% set by … Read more
Santo Domingo.- Data from the Ministry of Economy, Planning and Development (Mepyd) reveal that the real value of demand for manufactured products in July was 107,473.5 million pesos, marking a year-on-year reduction of 3.9%. This indicator amounted to 770,802.3 million pesos for the year, a decrease of 1.5% compared to the previous year. In July, … Read more
Santo Domingo.- The director of the Special Agricultural Development Fund (FEDA), Hecmilio Galván, highlighted the attractiveness of the Dominican Republic as an investment destination during the International Dominican Chocolate Fair in Belgium. Galván spoke about investment opportunities in Dominican agriculture and emphasized the country’s strategic location in the heart of the Caribbean. He noted that … Read more
Santo Domingo.- The executive vice president of the Punta Catalina Electric Generation Company (EGEPC), Celso Marranzini, recently addressed concerns about the Punta Catalina power plant during an interview on the “El Día” program broadcast by Telesistema. He spoke about the accusations the plant has faced from the climate change committee. Marranzini mentioned that when he … Read more
Punta Cana. Spanish investment in the Dominican tourism sector is $6 billion. The president of the tourism commission of the Spanish Chamber of Commerce, Ricardo Felip, stated that this investment could continue to grow due to constant confidence in the country’s tourism development. Felip emphasized that tourism in the Dominican Republic is currently number one … Read more
The Ministry of Economy, Planning and Development highlighted the positive prospects for the country’s economic dynamics and its reactivation in the second half of this year. “In fact, for the month of July, the growth of economic activity stood at 2.9% year-on-year,” stated the Vice Ministry of Economic and Social Analysis through the Directorate of … Read more
Between friends, clients and relations with the press, British Motors, an automotive company with over 75 years of experience in the automotive sector, has launched its new MG Marvel R and MG ONE 2024 models in the Dominican market. MG Marvel R: 100% electric The new MG Marvel R has a futuristic expression. It adopts … Read more
Santo Domingo.- The delegation of the Ministry of Foreign Affairs, headed by Foreign Minister Roberto Álvarez, concluded its official visit to the Republic of Cuba. During the visit, various meetings and work visits were carried out, focused on identifying bilateral cooperation projects, enhancing commercial exchanges, and promoting collaboration for the benefit of both nations. One … Read more