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Punta Cana.- Asonahores reports tourism brings in about 10% of the tax revenue for the Dominican government. It generated over RD$155,000 million in taxes in 2022. The report was given at the XXXVI Commercial Exhibition at Blue Mall Punta Cana. Vice President Raquel Peña, Tourism Minister David Collado, and the Asonahores business community were in … Read more
Punta Cana:-Vice President Raquel Peña delivered a speech at the XXXVI Asonahores Commercial Exhibition. She emphasized the pivotal role of tourism for the Dominican Republic’s economy. To finance social projects, particularly in the Eastern region, she asserted the need for revenue increase. Further, she acknowledged tourism’s crucial role in job creation and GDP contribution. The … Read more
PUNTA CANA – Paola Alvarado Studio, a company specializing in architecture and interior design, has opened a second branch in this tourist hot-spot. This strengthens the firm’s presence in the eastern part of Dominican Republic. Describing her excitement, Paola Alvarado, the CEO said, “There’s no magical formula for success. Passion in what we do and … Read more
David Collado, the Minister of Tourism, reiterated the Government’s continuous support to the tourism industry, attributing its remarkable growth to this assistance. “Throughout all hardships, we were by your side… and as more challenges arise, we will stand by you in finding solutions,” he emphasized. While attending the event where the XXXVI Commercial Exhibition of … Read more
The Tax Reform amendment project has created tension in the tourism industry, but it has not overshadowed the opening of the XXXVI Commercial Exhibition by the Hotel and Tourism Association of the Dominican Republic (ASONAHORES). Many business individuals quietly shared their curiosity about what Vice President of the Republic Raquel Peña and Tourism Minister David … Read more
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PUNTA CANA. The National Association of Hotels and Tourism (Asonahores) asserts that the suggested tax reform by the government will negatively impact the economy, particularly the tourism sector. As such, they call for a comprehensive review and reconsideration of the proposal. The Asonahores clarified that attracting foreign investments and establishing new hotels require the continuation … Read more
The León Jimenes Foundation and the Ministry of Culture award Manuel Matos Moquete the Eduardo León Jimenes National Book Fair Award 2024 for his work “El crisol y la sieve”. (Photo: Ministry of Culture) Santo Domingo.- Renowned Dominican writer, Manuel Matos Moquete, was recognized with the esteemed Eduardo León Jimenes 2024 National Book Fair Award. … Read more
In Punta Cana, the Asonahores.com/” target=”_blank” rel=”noopener”>Hotel and Tourism Association of the Dominican Republic, ASONAHORES, reported that 10 percent of the government’s tax revenues come from the tourism industry. Notedly, in 2022, the taxes collected from the tourism sector exceeded RD$155 billion. This information was shared at the launch of the XXXVI Commercial Exhibition, a … Read more
Santo Domingo.- Record growth has been seen in the Dominican Republic’s cocoa exports. Between January and August 2024, the total value reached $359.1 million. This is a 92.9% increase compared to last year. This data was provided by the Export and Investment Center of the Dominican Republic (ProDominicana) during the Northwest Chocolate Festival in Seattle, … Read more