Marco Rubio during the US Senate confirmation hearing for his nomination as US Secretary of State spoke with praise about the Dominican Republic. US Senator Tim Kaine had urged Rubio to give more attention to countries in the Americas that are doing things right, specifically mentioning the Dominican Republic. Focus on the good guys and …
The Tax Agency (DGII) has announced an update to the exempt amounts applicable to the real estate property tax (IPI) and the new ceiling for classifying low-cost housing, reflecting the corresponding inflation adjustment for 2025. According to an official statement, the maximum sale price of homes developed by low-cost trusts, including those from the Ciudad …
The Central Bank of the Dominican Republic (BCRD) on 14 January 2025 released an overview on the economy in 2024. The Central Bank highlighted the capping of inflation within its target range throughout 2024, the economic growth near its potential of 5% and the robust financial system. The briefing analyzes recent monetary and financial policy …
Minister of Public Works Deligne Ascención on 15 January 2025 provided details of how the ministry has invested the funds generated from the renegotiated concession contract with Aeropuertos Dominicanos Siglo XXI (Aerodom). Ascención revealed that a significant portion of the revenue has been channeled into the reconstruction of roadways in the Greater Santo Domingo area …
Claudia Pellerano is the new president of the Dominican Association of Free Zones (Adozona). During the inaugural session, she said the goal is to reach a record-breaking US$10 billion in exports by 2026, Diario Libre reports. The new Adozona board, which will serve from 2025 to 2026, includes José Tomás Contreras as first vice president, …
Advances to choose attorney general, new process is outlinedThe members of the National Council of the Magistracy who met on 15 January 2025 approved the ruling that will apply to comply with the amendments in the 2024 Constitution. President Abinader had convened the meeting of the CNM as another step before the choosing of the …
Dominican proposals for use of sargassum were included in the beneficiaries of the Interamerican Development Bank (IDB) funding through the IDB lab. The selected proposals come from Barbados, Belize, the Dominican Republic, Jamaica, Mexico, and Trinidad and Tobago. The Inter-American Development Bank (IDB) and its innovation laboratory, IDB Lab, announced the results of their Sargassum …
Mildred Correa, a grieving mother who took the drastic step of exhuming her daughter’s remains and bringing them to the prosecution office to demand justice, had been arrested after the act. She was released from custody. Correa had carried her daughter’s body into the Higüey courthouse on Tuesday, 14 January 2025 in a desperate plea …
Following the golden road paved by stellar ball player Juan Soto, 17-year old shortstop Elian Peña has agreed to sign with the New York Mets for US$5 million. Soto late last year signed for US$765 million. Peña received the top bonus in the 2025 class for a Latin American prospect, as reported by Ben Badler …
With their 1-0 win on Wednesday, 15 January 2025, the Tigres del Licey (10 wins and 3 losses) continue to lead the 2024-25 Dominican Winter Professional Baseball Championship. The Leones del Escogido are in second place with (9 wins and 4 losses). The Estrellas Orientales, that had won the regular season, are behind with a …