Santo Domingo.- Foreign minister Miguel Vargas on Monday said president Danilo Medina will carry out an intense agenda in China along with the official delegation. The official said the president, in the first visit after forging diplomatic ties with the Asian nation, will announce the results of the meeting that he labeled as historic. “The…
Santo Domingo.- Dominicans who traveled abroad from 2012 to 2017 spent between 808.6 and 920.7 dollars during their stay averaging 11.7 nights, according to the Central Bank report “Importance and Evolution of Tourism in the Dominican Republic.” In 2012 463,252 Dominican residents who traveled abroad spent US$374.6 million; the 436,154 in 2013 spent US$361.0 million,…
Santo Domingo.- President Danilo Medina travels to China in a historic official visit that formalizes diplomatic relations with that Asian country, established May 1. Medina, invited by his counterpart Xi Jinping, aims to promote national exports to that country and reach cooperation and financing agreements in several areas, for which he will hold meetings with…
Santo Domingo.- National Hotels and Tourism Association (Asonahores) president Joel Santos, on Tues. said the situation of the seaweed and insecurity affecting Cancun’s hotel occupancy won’t impact the Dominican Republic because the rooms for the winter were booked well in advance. The business leader estimates that tourism will grow over 5% by year end and…
Santo Domingo.- The US dollar remains stable against the Dominican peso in the prices of Dominican Republic’s currency market, according to recent reports by the Central Bank. On Monday however the American currency reached RD$49.94 pesos to sell, and RD$50.02 pesos to buy. The $50.02 peso-per-dollar mark is the sharpest devaluation of the Dominican currency…
Santo Domingo.- Energy and Mines minister Antonio Isa Conde on Sun. called the Dominican Republic “a beggar sitting on a large gold mine.” He said the country isn’t aware that the abundant resources under its feet can break its chain of poverty and raise its quality of life. He defended the sustainable extraction of metals,…
NEWS RELEASE WASHINGTON, October 31, 2018 – Economies in Latin America and the Caribbean carried out 25 reforms during the past year to improve the ease of doing business for domestic small and medium enterprises, says the World Bank Group’s Doing Business 2019: Training for Reform report, released today. The reforms were carried out in…
Santo Domingo.- President Danilo Medina will be the only one of the 18 leaders who will be on an official visit with Chinese counterpart Xi Jinping during the Dominican head of state’s tour of the Asian country. The Dominican head of state is expected to arrive in Beijing at 6:30pm to carry out a busy…
