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Government Bullish on Economy The Dominican government’s economic team is optimistic about growth prospects for the end of the year, as reported in Listin Diario. The team forecasts a growth rate of at least 3% for this year. The IMF forecasts growth
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SANTO DOMINGO, (forbescustom.com). -The U.S. believes that links with the Dominican Republic can help widen investment and trade in the region. As the country with the strongest economy and second-largest population in the Caribbean, the Dominican Republic
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Santo Domingo.- The long awaited announcement by Venezuelan tycoon Gustavo Cisneros on the construction of an ambitious project in Dominican Republic’s northeast came today, called Tropicalia, at a cost US$2 billion. He said it’s an ecological,
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Before 1969, the coastal province of La Altagracia, between Juanillo and Uvero Alto all we had were cow pastures, today, more than six billion dollars have been spent. Bavaro. In an interview many years ago with an outstanding character of the Province,
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The Dominican Republic is starting to see signs of recovery, leading to more optimism among local and foreign investors. BY JOACHIM BAMRUD SANTO DOMINGO — The Dominican Republic, the largest economy in the CAFTA trade group, is seeing signs of recovery.
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Eddy Martinez, right, during a recent conference. Zoom Picture Modern infrastructure, proximity to key markets, stability and close collaboration between public and private sectors make the D.R. a prime country for investment, especially during the current
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Minister Francisco Javier Garcia highlights creative marketing approach, urban space projects, sustainable tourism, and increasing cruises and highway developments BAVARO and PUNTA CANA, Dominican Republic, April 24 /PRNewswire/ -- The Dominican Annual
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The International Monetary Fund (IMF) and the Economic Commission for Latin America and the Caribbean (ECLAC) are predicting that the DR economy will grow this year, despite the current economic difficulties. ECLAC expects the DR to post a GDP growth
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Miami.- The Dominican Republic remains the second-safest country in CAFTA, while Haiti remains the most dangerous country in Latin America for foreign multinationals and their executives, according to the third annual Latin Security Index developed by
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Santo Domingo. - A drive along the capital’s main avenues and the country’s provinces reveals that the commercial activity is on the rise, despite the international crisis and the violent actions by small groups which spread chaos in some
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The Dominican Republic's economy is coping better than many others in the face of the world downturn, the country's president has said. Leonel Fernandez told a meeting organised by the Economist Group this week that their prediction of one per
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Punta Cana.– As other hotel markets suffer, planned resorts indicate Dominican Republic remains desirable as Philadelphia-based AMResorts has announced that plans to develop two new luxury resorts at Cap Cana at a cost of US$200 million. Located
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According to Hacienda Minister Vicente Bengoa, the DR and Central America have yet to feel the pressures of the world economic crisis, saying that what is being seen is a deceleration of growth in the region's economies. Bengoa explained that a recession
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The Ministry of Tourism reported that last year occupation averaged 70.6%, compared to 72.20% in 2007. Highest occupancy rates were in Punta Cana-Bavaro with 77.7%. According to a recent report issued by the DR Ministry of Tourism, arrivals increased
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The Dominican Republic real estate market news is by no means a cause for celebration but it is not all bad news or gloomy either. Dominican Republic still remains among the most popular investment and second home destinations for United States, Canadian
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