News

Dominican Republic continues to grow at a good pace

Tuesday, July 24, 2018

Washington.- The International Monetary Fund (IMF) on Monday cut forecasts for Central America’s economic growth this year to 3.3%, six tenths less than what it estimated in April, mainly due to Nicaragua’s political uncertainty, EFE reports.

China ties a ‘world of opportunities’ for Dominican products

Monday, July 23, 2018

Santo Domingo.- The establishment of China-Dominican Republic diplomatic ties opens a world of business opportunities for the Caribbean country because it’s the world’s second biggest and the fastest growing economy.

China and Dominican Republic explore investment opportunities

Thursday, July 5, 2018

China and the Dominican Republic have strengthened their diplomatic relationship and identified opportunities for cooperation between the two nations. Specifically, China is interested in the infrastructure, transportation, electrical distribution and the renewable industries of the island.

Investment Forum draws 420 entrepreneurs from the region

Thursday, June 28, 2018

Santo Domingo. Over 400 entrepreneurs launched Dominican Republic’s first Export and Investment Forum of the Central American Integration System (SICA) member countries, to mark its 51st annual meeting of heads of state and government.

The governments of the Dominican Republic and China jointly announced the establishment of diplomatic relations

Wednesday, May 2, 2018

The governments of the Dominican Republic and China on Mon. jointly announced the establishment of diplomatic relations, which in turn breaks a bond of over 75 years between the latter and Taiwan.

Call centers provide 18,000 jobs, can create 60,000 more

Monday, April 23, 2018

Santo Domingo.- Dominican Republic is the Caribbean’s second best country in the use of the English language, which poses an advantage to attract foreign direct investment in companies such as call centers.

UK investments in Dominican Republic top US$1.0B, seeks more

Thursday, April 19, 2018

Santo Domingo.- United Kingdom’s investments in the Dominican Republic exceed US$1.0 billion, according to British ambassador Chris Campbell. “We have a large investment in Brugal (rum) by the Edrington group, which is the largest investment we have here in the country.

Dominican Republic Economic Outlook

Tuesday, April 17, 2018

Leading data indicates that the economy has maintained the solid momentum from the fourth quarter of 2017 this year as it continues to benefit from the fiscal and monetary easing that has been in place since mid-2017.

Senate approves US$50.0M loan to improve tax management

Thursday, March 22, 2018

Santo Domingo.- The Senate on Wed. approved a US$50 million loan from the Inter-American Development Bank (IDB), aimed at improving Dominican Republic’s tax administration efficiency and public spending.

Associations to motor Dominican-Uruguay trade

Thursday, March 22, 2018

Santo Domingo.- The Dominican Exporters Association (ADOEXPO) and Uruguay’s Exporters Union (UEU) on Thurs. agreed to increase trade between both nationals, by making it easier for several Dominican articles to enter the South American country.