Dominican travelers spent up to US$920.7 during stay abroad: report

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,…

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Doing Business Report: Economies of Latin America & the Caribbean continue to improve business climate

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…

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América Móvil to invest US$1.0B on Dominican Republic’s strong growth

Santo Domingo.- Mexican company América Móvil will invest US$1.0 billion in the Dominican Republic over the next three years, company CEO Daniel Hajj Aboumrad announced Tues. after meeting with president Danilo Medina. The Dominican Gov. provided the information in a statement after the meeting, which also included company CFO Carlos García Moreno and Rogelio Viesca,…

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