Air Europa plans to maintain continuous operations in Punta Cana

Air Europa plans to maintain continuous operations in Punta Cana

The company Air Europe is considering implementing business class flights for all operations from Madrid to Punta Cana airport, as reported by .com. The airline of Globalia Group would satisfy the repeated requests of many passengers by launching VIP flights to the country’s main airport. The Spanish airline currently operates only one business flight a … Read more

Guillermo Caram explains the current situation of the dollar’s price in the Dominican Republic

Guillermo Caram explains the current situation of the dollar’s price in the Dominican Republic

Guillermo Caram Santo Domingo—The former governor of the Central Bank, Guillermo Caram, reported this Friday that the dollar increased the satisfaction of the demand for imports, which led to a reactivation of the economy. “This increase in demand for the dollar is a real manifestation of the economy that we are satisfying more needs with … Read more

A new contract for Dominican airports Siglo XXI (Aerodom) to be published in Gaceta Especial

A new contract for Dominican airports Siglo XXI (Aerodom) to be published in Gaceta Especial

Santo Domingo.- The Legal Consultant of the Executive Branch, Antoliano Peralta, has announced that a “more voluminous gazette” is being prepared for the publication of the new contract for Dominican Airports Siglo XXI (Aerodom). This special edition is necessary due to the extensive content and annexes of the contract. The contract, which was approved by … Read more

Banreservas Administrator praises ITM Group and President Luis Abinader for Port Cabo Rojo

Banreservas Administrator praises ITM Group and President Luis Abinader for Port Cabo Rojo

Pedernales.- Samuel Pereyra, General Administrator of Banreservas, has congratulated the ITM Group and President Luis Abinader for the inauguration of the first phase of the Port Cabo Rojo tourist port in Pedernales. He highlighted the important contribution of Banreservas for US$37 million in financing for the construction, development and operation of this maritime terminal. Pereyra … Read more

Standard & Poor’s Reaffirms Dominican Republic’s ‘BB’ Rating with Stable Outlook

Standard & Poor’s Reaffirms Dominican Republic’s ‘BB’ Rating with Stable Outlook

Santo Domingo.- Standard & Poor's (S&P Global) reaffirmed the credit rating of the Dominican Republic at “BB with stable outlook.” This decision reflects the country's strengthened government institutions and ability to sustain high rates of economic growth, better fiscal planning and better public debt management. In December 2022, the credit rating of the Dominican State … Read more

Central Bank of the Dominican Republic Rectifies Exchange Rate Mistake on Google

Central Bank of the Dominican Republic Rectifies Exchange Rate Mistake on Google

Santo Domingo.- The Central Bank of the Dominican Republic has issued a clarification regarding the exchange rate of the US dollar. As of January 4, the correct rates are RD$58.6347 for sale and RD$58.3133 for purchase. This announcement comes after a confusion caused by the search engine Google, which incorrectly recorded the exchange rate as … Read more

BHD to host tourism and investment forum in Madrid

BHD to host tourism and investment forum in Madrid

The entity reiterates its commitment to the economic growth of the sector by providing tools that promote foreign investment in the country and sustainable tourism. Santo Domingo. With the objective of promoting responsible banking and contributing to the strengthening of tourism investment in the Dominican Republic, Banco BHD will hold the BHD Forum: Tourism and … Read more

Abinader Dedicates the First Portion of the Barahona-Enriquillo Highway, Investing RD$1,821 Million

Abinader Dedicates the First Portion of the Barahona-Enriquillo Highway, Investing RD,821 Million

This project, together with the delivery of the Enriquillo-Pedernales and Cabo Rojo-Cueva de Pescadores section, will reduce the arrival time from Barahona to the beautiful beaches in the area by more than half an hour. On Thursday, President Luis Abinader led the opening ceremony of the first stage of the Barahona-Enriquillo highway, built by the … Read more

Punta Cana Today, Real Estate Market News