AMResorts expanded its footprint in the Dominican Republic with a grand opening celebration of the acheterdufrance.com Secrets Cap Cana Resort & Spa, its second Secrets property and the 15th in its brand portfolio in the destination.
The Dominican Republic Industry Association (AIRD) on Wed. said after a sharp decline in January, the monthly manufacturing activity index rebounded from 40.2 in the first month of the year to 53.8 in February, down from a year earlier – in February 2016 it had been 59.8 – but soared to 66.3 by March, the highest in the last 22 months.
The reform of the incentive law at yearend 2013 and the signing of a tax agreement that eliminated investor uncertainty in establishing a rational tax payment formula in hotels have been two of the factors that, according to a tourism mogul propelled the country’s boom in the sector .
FIFA's president said here Friday that soccer's world governing body would continue to invest in youth categories and noted that during his tenure spending on developing the game in small countries had increased five-fold.
According to the Dominican Agribusiness Board (JAD) and the Center for Export and Investment of the Dominican Republic (CEI-RD), 200 Dominican companies will exhibit their products at the 2017 Agroalimentaria Fair.
The Inter-American Development Bank (IDB) conducted a study which found that Dominican Republic is the nation with the most blackouts per month, compared to others in Latin America. It says estimated that the country would have to spend as much as US$1.6 billion annually to meet the growing electricity demand until 2040.
Dominican Republic´s biggest bank on Wed. reported sustained first quarter growth, as well as a positive performance in its indicators of asset quality, profitability and solvency, contributing to the national economy.
The State-owned electricity distribution companies Edenorte, Edesur and EdeEste on Monday signed contracts to buy 471.4 megawatts of energy, from the power plants EGE Itabo, and AES Andrés, through a tender by the State-owned Electric Utility (CDEEE).