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.
The Association of Multiple Banks of the Dominican Republic (ABA) has highlighted the gradual progress of women in financial inclusion over the last seven years. This progress is seen in greater ownership of savings and financing accounts. The ABA emphasizes the imperative of addressing persistent structural and cultural barriers that hinder further advancement. The number … Read more
The Institute of Dominicans Abroad (INDEX) and various banking institutions in the country convened the inaugural session of the technical working group in charge of developing a catalog of financial products accessible to the Dominican community abroad for personal or business projects. Carlos de la Mota, Vice Minister for Dominican Communities Abroad and Executive Director … Read more
Punta Cana.- The Inter-American Development Bank (IDB) has declared a commitment of $160 million to be allocated as aid to Haiti to address the pressing political and humanitarian crisis unfolding in the country. Ilan Goldfajn, president of the IDB, highlighted that the donation aims to mitigate the growing economic and social challenges exacerbated by armed … Read more
Santo Domingo.- The tenth edition of the Economic and Financial Week 2024 (#sefBCRD) will be celebrated by the Central Bank of the Dominican Republic (BCRD) from March 18 to 22, in collaboration with the global initiative Global Money Week, as announced by the institution on Tuesday. Under the hashtag #sefBCRD, this week-long event will feature … Read more
Santo Domingo.- The Dominican Association of Investment Fund Management Companies has reported a substantial impact on the tourism sector, generating 1,274 permanent direct jobs and more than 3,000 indirect jobs through investments made last year. As of June 30, 2023, the funds invested in the tourism sector exceeded 30,000 million pesos, focusing on six provinces: … Read more
Punta Cana. Garden Cigar & Restaurant has launched a customer membership model. The aim is to provide unique benefits to loyal customers of the Garden Cigar & Restaurant brand. This initiative rewards customers and connects them with a variety of specific benefits. Membership is designed for those who appreciate the quality of Garden Cigar & … Read more
Georgetown.– The President of Guyana, Irfaan Ali, announced that the Dominican Republic and Martinique applied for membership in the Caribbean Community (Caricom) during the community summit in Georgetown. “The process for these countries to become associate members has already begun,” Ali said in his closing speech at the summit, which was broadcast on his social … Read more
Punta Cana. Agents from the National Drug Control Directorate (DNCD) and members of the Specialized Airport Security Corps, coordinated by the Public Ministry, seized 36 packages presumably of cocaine, in an operation carried out at the Punta Cana International Airport, La Altagracia province. DNCD agents and members of other official organizations were carrying out inspection … Read more
Veron. The improvised crossings on the Eastern Tourist Boulevard are becoming more frequent and dangerous. This poses a risk to both motors and vehicles crossing recklessly, potentially leading to fatalities. In some sections of the road, railings are either broken, on the ground, or completely missing. Engines and vehicles take advantage of these sections to … Read more
Santo Domingo.– The Ministry of Economy, Planning, and Development (MEPyD) reported on Sunday that monetary poverty decreased by 4.7 percentage points in 2023. In 2023, national monetary poverty decreased significantly from 27.7% in 2022 to 23.0% in 2023, indicating positive progress in improving the general economic conditions of the population compared to 2022, as per … Read more