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) has reduced its monetary policy interest rate (TPM) from 8.00% to 7.75% per year during its June 2023 monetary policy meeting. This decision also affects other interest rates within the financial system. The rate of the permanent liquidity expansion facility (1-day Repos) is reduced from … Read more
Santo Domingo.- Economists Arturo Martínez Moya and Antonio Ciriaco Cruz have contrasting views on the current state of the Dominican economy. Martínez Moya affirms positive indicators compared to previous years, including solid improvements in international reserves, job creation, and inflation control. He emphasizes the need to assess these indicators relative to past performance to accurately … Read more
Santo Domingo.- The recent report “Pathways to Equality: Twin Indices on Women’s Empowerment and Gender Equality” by UN Women and UNDP shows that no country has achieved full gender parity. Less than 1% of women and girls live in countries with high levels of female empowerment and a narrow gender gap. The report presents the … Read more
Santo Domingo.- The Dominican Republic experienced a slowdown in its economic activity in the first half of 2023, with only a 1.2% accumulated growth rate. This is a significant drop from the 5.6% average seen during the same period last year. In June, the Monthly Interannual Indicator of Economic Activity (IMAE) only showed a slight … Read more
Ramón Pérez Fermín, Vice Minister of Domestic Trade, announced on Friday that the recent fluctuations in the price of WTI crude oil have led the government of President Luis Abinader to maintain its solidarity commitment and empathy with citizens. To respond to this, an extraordinary subsidy of RD$565.7 million pesos has been assigned this week. … Read more
PUNTA CANA. In the Dominican Republic there are a total of 4 million 418.619 million homes, an amount that almost doubles the 2.6 million homes that existed from the beginning of the republican life until 2010. This is revealed by the preliminary data from the National Population and Housing Census, revealed today by the National … Read more
Punta Cana Witnessing a Spectacular Surge in Dominican Republic Real Estate Punta Cana, located on the east coast of the Dominican Republic, is a tropical paradise known for its pristine white-sand beaches, crystal clear turquoise waters, and a thriving real estate market. The allure of beachfront properties in Punta Cana is irresistible to both Dominican … Read more
The airline Air Century, reported that it already has the operating permits for the Punta Cana-Miami and Punta Cana-New York routes, which they expect to start in the coming months after completing other procedures. This was reported by the CEO and founder of the airline, Omar Chahin Lama, in an interview for the Arecoa portal, … Read more
Punta Cana. DR.- Destination City Cap Cana has focused on prioritizing, respecting and maintaining the biodiversity that enriches this beautiful place. Today celebrates World Environment Day highlighting that all species of flora and fauna are the most important Flora and fauna species are the most important inhabitants, so they have the responsibility to protect and … Read more
Santo Domingo. The Minister of Tourism, David Collado, reported this Tuesday that 757,921 people visited the Dominican Republic in the month of May, rising to 4,503,396 the number of arrivals in the first five months of the year, a figure considered a record in the history of Dominican tourism. The country received the arrival, only … Read more