Two Dominican Carnival icons express dissatisfaction with Ministry of Culture and Mitur’s lack of support

Two Dominican Carnival icons express dissatisfaction with Ministry of Culture and Mitur’s lack of support

Two iconic figures of the Dominican Carnival questioned the lack of support from the Ministry of Tourism and the Ministry of Culture for this tradition, especially the one carried out in the Sánchez Ramírez Province.. Understand that Cotuí being a municipality, in this Province with so many natural and cultural attractions, lacks sufficient support to … Read more

CAF grants US$1.14 billion for sustainable development and increases its involvement in the Caribbean

CAF grants US.14 billion for sustainable development and increases its involvement in the Caribbean

CAF -development bank of Latin America and the Caribbean- approved a total of US$1.14 billion to promote sustainable development and inclusive growth in the region. The credits will contribute to improving water security in Bolivia, ensuring food assistance in Argentina, linking financial conditions to the fulfillment of commitments on climate action and gender equality in … Read more

Final ceremony for the joint meeting of the IDB Governors and IDB InvestGovernors’ Assemblies

Final ceremony for the joint meeting of the IDB Governors and IDB InvestGovernors’ Assemblies

Punta Cana. Currently, the closing ceremony of the IDB and IDB Invest Governors' Assemblies is taking place at the Barceló Palace Hotel Convention Center. The president of the Assemblies, Jochi Vicente, stated that “we will go far is the unity that has been verified here.” A press conference is scheduled for this afternoon to announce … Read more

Encouraging the Adoption of Electronic Invoices to Accelerate Processes

Encouraging the Adoption of Electronic Invoices to Accelerate Processes

Yesterday the first Business Round on Electronic Invoicing was held. Elieser Tapia Santo Domingo – More than 288 million electronic tax invoices have been issued and 915 taxpayers are electronic issuers.As of May 15, 643 taxpayers, which are large companies, will be required to use electronic invoices. However, only 194 taxpayers are already issuers of … Read more

Collaborating with the IDB to Transform the Country into a Logistics Hub

Collaborating with the IDB to Transform the Country into a Logistics Hub

President of the IDB says the DR is a development model to follow Punta Cana. The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, described the Dominican Republic as a development model to follow. He highlighted its “remarkable economic growth, above the average for the region,” which he attributed mainly to sound economic policies, … Read more

The closure of Katmandu Park in Punta Cana

The closure of Katmandu Park in Punta Cana

Punta Cana – One year after its opening, Katmandu Park Punta Cana closed its doors. “Katmandu Park Punta Cana closes immediately. The commercial stores and the restaurant will remain operational,” reads the post published Thursday morning. They will consider the “future use of the property,” indicates a statement shared on the official website of the … Read more

President of IDB highlights Dominican Republic as a development model to emulate

President of IDB highlights Dominican Republic as a development model to emulate

Punta Cana. The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, described the Dominican Republic as a development model to follow. He highlighted its “remarkable economic growth, above the average for the region,” largely attributed to sound economic policies, promotion of investment, and growth of the private sector. The country now hosts a series … Read more

Increase in savings accounts for women across all banks from 2017 to 2023

Increase in savings accounts for women across all banks from 2017 to 2023

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

INDEX partners with Dominican banks to create financial catalog for Dominican expats

INDEX partners with Dominican banks to create financial catalog for Dominican expats

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

IDB pledges $160 million assistance package for Haiti emergency

IDB pledges 0 million assistance package for Haiti emergency

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

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