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 announced intermittent disruptions in the Instant Payments service. These interruptions will occur between 12:00 noon and 11:00 p.m. on October 5, 2024. This is due to a global business continuity exercise conducted by the bank. The interruption will primarily affect economic agents, financial entities, and … Read more
Punta Cana is set to host the first UN Tourism Summit for Africa and the Americas. The event will make the Dominican Republic the focus of global tourism. The summit will be held in Punta Cana. It solidifies the country’s reputation as a tourism leader in the region. David Collado, the Minister of Tourism, extolled … Read more
The U.S. Embassy in the Dominican Republic has advertised five job opportunities. Technical trades have three openings and specialized assistance roles two. The application process is online via the embassy’s website. Job Shades: Carpentry Maintenance Worker Duties: You would be required to fix, align, assemble doors, windows, furniture, and paint surfaces. Other duties include various … Read more
Dayiberto Torres Rosario, a well-respected businessman from the municipality of Arenoso in the Duarte province, Dominican Republic, was recognized by the Arenoso senior basketball organizing committee in August 2023 for his fruitful contributions to their youth. What’s the accusation? Authorities accuse this Dominican of leading an organization involved in drug trafficking concealed in fruit shipments. … Read more
Santo Domingo.- The Dominican Republic records Latin America’s highest economic growth, says Central Bank’s latest report. From January to August 2024, it noted an average growth rate of 5.1%. Despite geopolitical tensions in the Middle East and Eastern Europe, the country thrived amid a challenging global economy. In August, the monthly economic activity indicator (IMAE) … Read more
Santo Domingo.- The National Association of Young Entrepreneurs (ANJE) has completed the sixth edition of its annual event, “Legal Trends”. The event focused on legal changes affecting business practices. This year, it emphasized micro, small and medium-sized entities (MSMEs). The event, coordinated by ANJE’s Justice and Legislation Commission, attracted over 200 young entrepreneurs and legal … Read more
Santo Domingo – The Central Bank of the Dominican Republic has declared the current US dollar exchange rates. These rates will be the institution’s benchmark until Friday, September 13, 2024. The purchase rate was declared as RD$59.8588 per dollar and the sale rate as RD$60.0467, as per the announcement. These rates reflect the weighted average … Read more
Santo Domingo – To boost the economy and amid tax reform discussions, former INDRHI director, Héctor Rodríguez Pimentel encourages promoting the mining industry, citing its critical role in economic revitalization. Rodríguez Pimentel highlights the significance of sustainable mining exploitation in the current era. He references the remarks of the AIRD’s executive vice president, Cirse Almánzar, … Read more
DR trails only Panama and Costa Rica in productivity. Santiago, Chile—The Dominican Republic is third in labor productivity growth, behind Panama and Costa Rica. The Dominican Republic is among the highest performers in labor productivity in Latin America and the Caribbean. An Economic Commission for Latin America and the Caribbean (ECLAC) reveals the Dominican Republic’s … Read more
Punta Cana. A fire at the Club Med Punta Cana hotel led to the mobilization of several support units by Punta Cana International Airport. Their tasks include fire extinguishing and protection in collaboration with local firefighting units. The Directorate of Extra-hospital Emergency Services (DAEH) has maintained a victim gathering area, set up with the Punta … Read more