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Punta Cana real estate news - IFC supports Dominican Republic's Punta Cana Airport expansion to develop tourism
Santo Domingo.- IFC, a member of theWorld Bank Group, will provide $20 million to Corporación Aeroportuaria del Este, SA to expand the Punta Cana International Airport and support the Dominican Republic's tourism sector. CAE, which owns and Read More...
Canadian Embassy is moving
The Embassy of Canada has announced that as of 23 November it will be operating from the Acropolis Center. The new address is Av. Winston Churchill 1099, Citigroup Tower, Acropolis Center, Floor 18, Piantini, Santo Domingo. The Embassy says that it decided Read More...
Dominican Republic; New Times, New Opportunities
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 Read More...
Investment Opportunities in the province of La Altagracia - Bavaro, Punta Cana, Macao, Uvero Alto
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, Read More...
Dominican Republic remains in demand for tourism investors
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 Read More...
Dominican Republic Still Not Feeling Economic Woes
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 Read More...
Dominican Republic Tourism Overview
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 Read More...
Dominican Republic Real Estate - Stable Long Term Prospects
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 Read More...
Dominican tourism mogul Rainieri to head beleaguered National Park
SANTO DOMINGO. - Tourism mogul Frank Rainieri today became honorary director of the Los Haitises National Park, and sworn in by Environment minister Jaime David Fernandez Mirabal. Fernandez Mirabal said the president of the Punta Cana Group is a successful Read More...
What to Expect in 2009! Punta Cana & Dominican Real Estate Market
The following is a compilation of different emails that have come across my desk in the last couple of weeks from colleagues. I have taken the time to translate, consolidate and add my opinion. Please take the time to read carefully, if you are considering Read More...
Observers call Dominican elections successful
SANTO DOMINGO.- Last week’s presidential elections were successful and orderly, said the Santo Domingo State University (UASD), the Latin America Electoral Senior Advisory Group (Ceela) and the Central American Parliament (Parlacen) yesterday. When Read More...
Dominican developer closes almost $100 M in sales in one day
Santo Domingo.– Costa Blanca, the billion-dollar project of renowned Dominican developers Group Metro, held its launch event with two days of spectacular celebrations in Santo Domingo and Juan Dolio. The project was received by the Dominican Republic Read More...
Straight from Moscow, Russians land in Dominican east - More Tourists, More Investors!
SANTO DOMINGO.- The first direct flight from Moscow landed at international Punta Cana International Airport (east) Sunday, after a Russian airline Transaero Boeing 747-400 covered a distance of 11,000 kilometers, flying 12 hours. The tow-story jet fly Read More...
Dominican Republic Tourism Numbers Up!
Tourism Minister Felix Jimenez says that the number of tourist arrivals increased by 5.9% in March 2008. This brings the total of non-resident foreign arrivals to an 8% increase for the first three months of this year. The statistics indicate that US Read More...
La Costa Destinations International Realty Investment Trips to Punta Cana
Punta Cana Every day is the most obvious interest of Puerto Ricans in traveling to the Dominican Republic with the intention of acquiring its own place in paradise, both as an investment, vacation destination or as permanent. Punta Cana, located east Read More...
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