News

Law lets govt. sell up to US$1.5B in State-owned assets

Friday, December 22, 2017

With the recently approved Financing Law 2018, Congress authorized the Executive Branch to sell the capital shares or stake in State-owned companies or projects up to an amount not higher than 5% of the public debt of the Non-Financial Public Sector (SPNF).

Govt. trims time to form a company, obtain building permits

Tuesday, December 19, 2017

Santo Domingo.- President Danilo Medina set a goal for the govt. to trim to three days to form a company, 60 to obtain a building permit and 45 for a sanitary registry.

Dominican Republic 2017 exports on track to US$10.0B+

Friday, December 1, 2017

Exports in 2017 are on track to exceed US$10.0 billion, Dominican Exporters Association (Adoexpo) president Álvaro Sousa Sevilla affirmed Wed.

Jamaica and Dominican Republic to forge closer ties

Wednesday, November 29, 2017

JAMAICA and the Dominican Republic will be increasing collaboration in tourism, trade, sports, culture, and education, among other areas, with the aim of bringing tangible benefits to both countries and the wider region.

Dominican -Haiti aviation pact a reality after 19 years

Friday, November 17, 2017

The Dominican Republic and Haiti on Thurs. announced an agreement for commercial flights between both nations, after 19 years without ties in aviation.

Dominican -Haiti aviation pact a reality after 19 years

Friday, November 17, 2017

The Dominican Republic and Haiti on Thurs. announced an agreement for commercial flights between both nations, after 19 years without ties in aviation.

Dominican Rep. among Moody’s 12 top-rated countries

Thursday, November 16, 2017

Santo Domingo.- A report by Moody’s ranks Dominican Republic among 12 countries in the Eurozone and Latin American and Caribbean region which improved its country-risk rating, “by maintaining a Ba3 (stable outlook), in terms of its long-term sovereign debt profile.”

Government seeks investors to rebuild Puerto Plata Port

Wednesday, November 15, 2017

Puerto Plata, Dominican Republic.- Dominican Port Authority executive director Víctor Gómez Casanova, on Tues. said the Dominican Govt. is seeking investors to rebuild Puerto Plata’s port, fis damage in its infrastructure from earthquakes and storms of recent years.

Clearing the road to investment in the Dominican Republic

Wednesday, November 1, 2017

Improving infrastructure is crucial for the Dominican Republic, where until recently the roads between many of the country’s popular resorts and its capital, Santo Domingo, were so poor that a simple day trip from one to the other was a big challenge.

Central banker receives mission from the IMF

Monday, October 30, 2017

Santo Domingo.- The governor of the Central Bank of the Dominican Republic (BCRD), Mr. Héctor Valdez Albizu, met with the technical mission of the International Monetary Fund (IMF) that visited the country on Monday to monitor the behavior of the Dominican economy, which is known as a Staff Visit.