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3% growth rate forecasted in Dominican Republic for 2009
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 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...
Venezuela's Cisneros finally announces US$2B project in Dominican NE
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, 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 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 Republic Benefits from the Spanish and International Real Estate Crisis
The secretary of Tourism, Francisco Javier Garcia said that the country is receiving major investment projects and real estate builders in search of new opportunities to the international crisis which is affecting mainly to Spain. The official made these Read More...
Punta Cana Airport improvement program announced
Punta Cana.– Punta Cana International Airport, a major tourism gateway on the east coast of the Dominican Republic, will be getting a new, 40-station check-in terminal and baggage system this month as part of a multi-million-dollar improvement program 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...
Dominican Republic Announces US$1 Billion Investment in Tourism Infrastructure
The Dominican Republic's Tourism Minister, Felix Jim�nez, hosted an extravagant luncheon on the 51st floor of Toronto's Manulife Centre recently to announce US$1 billion in tourism infrastructure investment. From now until 2012, the Dominican Read More...
Dominican Republic gets 5.6% more tourists in first 4 months
SANTO DOMINGO.- Nonresident passenger arrivals by air in the first four months grew 5.6 percent more than the same period the year before, the Central bank said on its Web site. It said 1,594,712 tourists came to the country, a jump of 84,371 visitors. Read More...
President Leonel Fernandez swept to a third term
Santo Domingo.– President Leonel Fernandez declared victory early Saturday in the Dominican Republic's election and pledged to continue pushing forward economic projects that have helped pull the country out of a deep economic slump. Fernandez 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...
CAFTA: Dominican Republic Best!
MIAMI.- The Dominican Republic has the best business climate in CAFTA and the fifth-best in all of Latin America, according to the third annual Latin Business Index from Latin Business Chronicle. Although the country has seen growing interest from foreign Read More...
More Russian tourists coming
The Russians have taken a liking to the DR. An increase in demand has led Russian airline Transaero to switch its Thursday and Sunday flights from a Boeing 767-300 with capacity for 230 passengers to a Boeing 747-400 with capacity for 352. The 9,259km 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...
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