2026News

Inflation holds steady at 0.03% in February 2026

The Central Bank of the Dominican Republic (BCRD) reported Wednesday, 11 March 2026 that the Consumer Price Index (CPI) rose by a marginal 0.03% in February 2026. This stability marks 34 consecutive months that year-over-year inflation has remained within the government’s target range. According to the official report, annual inflation settled at 4.67%, a decrease …
2026News

Opposition coalition challenges 2026 Budget, citing tax-free wage indexing mandate

A unified bloc of opposition political parties has filed a formal challenge before the Constitutional Court (TC), alleging that the 2026 National Budget Law is unconstitutional for failing to index the tax-free salary threshold for private-sector employees. The coalition argues that by freezing the income tax brackets despite rising inflation, the government is effectively imposing …
2026News

Opposition senator reintroduces bill to slash pre-paid tax for small businesses

National District Senator Omar Fernández, representing the opposition Fuerza del Pueblo party, has officially reintroduced a legislative proposal to eliminate the mandatory Income Tax (ISR) advance payment, locally known as el anticipo, for micro, small, and medium-sized enterprises (MSMEs). The bill seeks to overhaul a controversial tax mechanism that requires businesses to pay taxes based …
2026News

More candidates would be forthcoming to compete for the PLD candidacy in 2028

The recent meeting of the PLD Central Committee was ostensibly about the registration of eight presidential hopefuls, most notably the return of Gonzalo Castillo, who has been largely invisible since 2020. However, the real story lies in the structural shifts that further consolidate power within the party’s elite, political analyst Yanessi Espinal writes. The official …
2026News

Andersson Garcia signs with Utah Jazz following historic upset in basketball against Team USA

The Utah Jazz are planning to try out the Dominican national team player Andersson Garcia for a limited stretch. The team officially announced the signing of Dominican forward Andersson Garcia to a 10-day contract on Wednesday, 11 March 2026. The move comes on the heels of Garcia’s breakout performance in the FIBA World Cup 2027 …
2026News

President Luis Abinader attends presidential inauguration in Chile, wine for cigars proposal

President Luis Abinader traveled on Tuesday, 10 March 2026 to Chile to participate in the inaugural ceremony of new Chilean leader, Jose Antonio Kast Rist. He is accompanied by First Lady Raquel Arbaje, Minister of Foreign Relations Roberto Alvarez and his daughter Adriana Abinader Arbaje. The Presidency reports Abinader attended on 10 March a first …
2026News

Strategic 10-year plan to become regional tech hub

The Dominican Republic has officially launched its first Foreign Direct Investment (FDI) Attraction Plan for ICT Companies 2026–2036, a decade-long roadmap designed to position the nation as a premier regional center for high-value digital services. The initiative, presented by the Ministry of Industry, Commerce, and MSMEs (MICM) with support from the United Nations Development Programme …
2026News

DR vies for ventures in the semiconductor sector

The Dominican Republic is moving to solidify its role in the global high-tech supply chain. On 2 March 2026, Minister of Industry and Commerce (MICM), Yayo Sanz Lovatón, unveiled a strategic roadmap aimed at transforming the Caribbean nation into a competitive destination for semiconductor and microelectronics manufacturing. The announcement centered on the report “Analysis of …
2026News

Are rising prices feeding an increase in consumer loan delinquencies?

The surge in consumer loan arrears to 4.65% in January 2026 represents a significant departure from the relative stability seen throughout 2025. While the 2025 average for the entire financial system remained low, the consumer sector began showing signs of stress toward the end of the year. The delinquency numbers focus on personal loans and …