2008News

DR depends on tourism

The Dominican Republic has Latin America’s highest tourism receipts per GDP. According to the Latin Business Chronicle (LBC), 11.1% of the country’s GDP comes from tourism. Costa Rica with 7.5% and Panama with 6.0% are two other countries with high tourism revenues. The report by LBC reveals that Panama has experienced the largest increase in …
2008News

Small business bill could pass

Representatives of the Ministry of Industry and Commerce, the small-scale business sector represented by the Dominican Confederation of the Small and Medium-Sized Companies (Codopyme) and legislators reached an agreement yesterday to pass the small business bill. Industry & Commerce Minister Melanio Paredes and the board of Copdopyme visited the presidents of the Senate and Chamber …
2008News

Consular worries

The ambassador in charge of Consular Affairs in the United States State Department, Janice L. Jacobs, acknowledged the contributions of Dominican immigrants to the United States, while expressing concern about continued illegal immigration. Jacobs, who was recently sworn in to her new post, said that immigration was a major issue for US citizens and the …
2008News

Studying border poverty

According to the Japanese International Cooperation Agency (JICA), unemployment, the lack of development policies and a lack of institutional cooperation are the reasons for the high poverty levels in communities near the Dominican border with Haiti. The report indicates that the lack of a planning process and the absence of efficiency in implementing programs that …