Dominican Republic:2022 Article IV Consultation-Press Release; and Staff Report

July 12, 2022 As in the past, the Dominican Republic’s dynamic economy continued to show remarkable resilience to shocks, rebounding strongly from the impact of the pandemic. Sound policies, a…

IMF Executive Board Concludes 2022 Article IV Consultation with the Dominican Republic

July 8, 2022 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Dominican Republic and considered and endorsed the staff appraisal without a meeting [2] .…

Black Culture T-shirts Company Adds African Pride Shirts & Hats That Uses Thought Provoking Words to Promote Black Excellence

May 31, 2022 Lex Pyerse Clothing announced this week the launch of several African and Caribbean inspired apparel that is meant to empower African and Caribbeans through freedom of expression. Lex Pyerse…

Caribbean Export presents Dominican companies awarded under its Grant Programmes

April 15, 2022 Thirteen companies in the Dominican Republic are to receive financial grants from Caribbean Export. Three companies: Fátima Polanco 3 Styles, Miel Noelia and Fábrica de Chocolate Artesanal…

CHUCK E. CHEESE SIGNS DEVELOPMENT AGREEMENT TO OPEN NEW LOCATIONS IN THE DOMINICAN REPUBLIC

March 8, 2022 Chuck E. Cheese continues its strong pace of international agreements and new location openings across the Caribbean, Latin America, Middle East Markets and Europe The Chuck E.…

Digital design training enhances skills of handicraft professionals in Haiti and Dominican Republic

January 7, 2022 20 jewellers from Haiti and Dominican Republic complete digital design workshop to enhance production capacity Participants will hold a binational jewellery exhibition in February 2022 Training coordinated…

Chocolala, three generations of women producing cocoa products

December 14, 2021 In the community of Las Lajas, in the municipality of Altamira, Puerto Plata, five women, at the time belonging to the now defunct Ana Idalia Navarro Mothers’…

IDB Invest Reignites Growth in Central America, Dominican Republic, Colombia Through New Fund

November 26, 2021 IDB Invest has invested $10 million in CASEIF IV L.P. (CASEIF IV), a new mezzanine debt and private equity fund managed by LAFISE Investment Management Ltd. (LIM)…

Caribbean Export Appoints New Deputy Executive Director

October 26, 2021 The Caribbean Export Development Agency has appointed Mr Leo Naut as the Deputy, Executive Director based in their Santo Domingo, Sub-Regional Office (SRO). Mr. Naut will assume…

Metron Aviation Awarded Contract from Dominican Republic

September 24, 2021 Metron Aviation has been awarded an air traffic flow management system contract from República Dominicana, Instituto Dominicano de Aviacion Civil (IDAC). IDAC selected Metron Aviation because its…

MPC Energy Solutions enters the Dominican Republic and expands renewables pipeline

September 10, 2021 MPC Energy Solutions (MPCES) has entered the Dominican Republic through a joint development agreement with Soventix Caribbean, a leading regional developer. MPCES holds 51% in this partnership that seeks to develop…

Dominican Republic coffee brand expands in US through Goya

August 10, 2021 Café Santo Domingo, the leading coffee brand in the Dominican Republic, expands its distribution in the United States after an agreement between its parent company, Industrias Banilejas…