2024News

HOMS Health & Wellness Center consolidates Santiago’s bid as health city in the Caribbean

President Luis Abinader was in Santiago for the formal inauguration of the US$108 million HOMS Health & Wellness Center. The new 51,000 sq meter extension to the Homs Hospital incorporates mayor advances in health care and is a step forward in the positioning of Santiago as the capital of medical tourism in the Dominican Republic. …
2024News

Big business pressures government to cut taxes on aviation and shipping fuels

Industry & Commerce Minister Victor (Ito) Bisono told reporters that the Dominican Republic in the medium term should see its logistic centers becoming hubs for the resupply of aviation and shipping fuels. The service, contained in Decree 148-22, is so that any airplane or freighter that lands or docks in the Dominican Republic be able …
2024News

Commerce as mainstay of economic activity in 2023; sector hires many but pays low wages

Commerce, both wholesale and retail, represented the largest economic activity and the largest formal employer of workers during 2023. This activity contributed 32.1% of the economic activity in the Dominican Republic, according to recently released statistics from the National Statistics Office (ONE). Men hold 60% of the jobs in the sector. The bad news is …
2024News

The Central Electoral Board (JCE) expects political parties’ funds injections coming soon

The Central Electoral Board (JCE) is hoping to receive upwards of RD$2 billion that the central government has pending for distribution to political parties. The funds are alloted to be distributed 20% to three dozens of small political parties, and 80% to four named majority parties – the Modern Revolutionary Party (PRM), the Dominican Liberation …