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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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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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MOTAFONGO, Baní. - President Leonel Fernandez yesterday headed the groundbreaking ceremony for the construction of two wind energy parks that’ll generate around 100 megawatts at a cost of nearly 181 million Euros. The company Spanish Inveravante,
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Brandy Marine International, L.L.C. of Sarasota, FL, has joined an internationally recognized line-up of partners/developers whose brands are synonymous with luxury – Ritz-Carlton, Trump, Troon Golf, Nicklaus Design, PGA Champions Tour and Alta
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Luego de muchos años y varios estudios, el Distrito Municipal Turístico Verón-Punta Cana Bávaro-Macao, la extensión del territorio que abarca desde Juanillo hasta el Morro de Macao, con una extensión de unos 100
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Santo Domingo. - The Dominican economy is not in recession, though affected by the crisis in the United States and the European Union, said Hacienda minister Vicente Bengoa Thursday. The official said if the country was in an economic recession its Gross
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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
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