2021 ARTICLE IV CONSULTATION—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR DOMINICAN REPUBLIC

July 30, 2021 Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. In the context of the 2021 Article IV…

The Digital Design Centre for Handicraft Opens in Santo Domingo

May 25, 2021 Caribbean Export and the European Union support the development of the handicraft sector in the Dominican Republic and Haiti. The Digital Design Centre to facilitate the enhancement…

Kennedy Funding Closes $2.3M Loan for Mixed-Use Property in Dominican Republic

May 25, 2021 An investment group in the Dominican Republic has turned to Kennedy Funding to secure a loan for their beachfront property on the country’s northern coast. The Englewood…

IMF Staff Completes 2021 Article IV Mission to the Dominican Republic

May 7, 2021 The Dominican Republic has been one of the most dynamic economies in the region over the last decade amid robust growth. This strength allowed a decisive policy…

Televisa included in the 2021 Bloomberg Gender-Equality Index

April 9, 2021 Grupo Televisa, S.A.B. (“Televisa” or the “Company”) announced today that, for third consecutive year, it has been selected as one of only five Mexican companies to be…

IDB Invest, Banco Popular Strengthen Foreign Trade in the Dominican Republic and Promote Green Finance

 April 6, 2021  Banco Popular Dominicano joins IDB Invest’s Trade Finance Facilitation Program (TFFP) by opening a credit line for up to $50m. This line will allow Banco Popular to…

Ocean Bay Announces, Breaks Ground On Luxury Resort Residences In Punta Cana, Dominican Republic

March 30, 2021  Ocean Bay, a new luxury destination in the Caribbean that has claimed the final undeveloped property along Bavaro Beach in Punta Cana, today announced the release of its premier, oceanfront…

National Standards Bodies of Haiti and Dominican Republic Collaborate to Strengthen Trade Relations

By: Caribbean Export Development Agency March 12, 2021 Caribbean Export Development Agency launches communication platform funded by the European Union. Haitian and Dominican Republic national standards bodies to harmonise quality…

LIVE AQUA BEACH RESORT PUNTA CANA STARTS OPERATIONS

La Colección Resorts by Fiesta Americana, a collection of distinctive hotels throughout Mexico and now the Dominican Republic, today officially starts operations of the long-awaited Live Aqua Beach Resort Punta…

Chinese group gobbles up 60% stake in DR FinTech firm- valued at near $1m

By: Staff Writer January 8, 2021 Future FinTech Group Inc. a leading blockchain e-commerce company and a service provider for financial technology headquarted in China, announced it has signed a…

Marriot AC Hotels expands to Dominican Republic.

The world’s largest hotel chain, Marriott,  together with investment firm EGI Business Group, adds to its growing portfolio in  Latin America with the introduction of AC Punta Cana in the Spring of…