2021News

Central Bank governor focuses on fintechs and financial innovations in DR; says the pandemic drove people to use Internet banking

Central Bank Governor Hector Valdez Albizu says the Central Bank of the Dominican Republic is taking steps to to foster the country becoming a hub for financial innovation. He spoke during the seminar “Fintech and Financial innovation in Central America,” organized by Latam investor magazine. Fintech is the term used to refer to innovations in …
2021News

Dr. José Joaquín Puello calls for vaccinated to keep preventive measures

Neurosurgeon José Joaquín Puello called for all Dominicans to maintain the restrictive measures given the rising number of Covid-19 cases with complications. Dr. Puello is the Ciudad Sanitaria Luis Eduardo Aybar president, the largest public hospital center in the country. “You have to be careful, because in addition to these new cases, one can be …
2021News

Parkland Corporation consolidates petrol retail stations with Dominican acquisition

The Canadian company, Parkland Corporation announced the merge of its subsidiary Sol Investments with Isla Dominicana de Petroleo Corporation that operates Shell-branded fuel stations in the Dominican Republic. Sol will become a 50 percent indirect partner in Isla Dominicana de Petroleo Corp. in the Dominican Republic, which currently operates a retail network with approximately 160 …
2021News

Prosecutors seize property and evidence of corruption in phase II of Operation Coral

Public Prosecutor’s Office conducted 18 more raids in what is described as a second phase of the Operation Coral, an investigation into military-police and religious corruption ring. Prosecutor Wilson Camacho said that the prosecution will seize all assets of those involved in the administrative corruption scheme. Deputy Prosecutor Wilson Camacho, head of the Specialized Prosecutor’s …
2021News

Miami Herald explains Gutierrez had traveled to Miami to attend his son’s graduation

The Miami Herald reports that Dominican deputy Miguel Andres Gutierrez Diaz had traveled to Miami to attend his son’s graduation. Gutierrez represents the ruling Dominican Revolutionary Party (PRM) in the Chamber of Deputies of the Dominican Republic. Gutiérrez was arrested at Miami International Airport. US prosecutors accuse him of being part of an international drug …
2021News

What’s with the investigations into the former Minister of Youth’s fortune?

A feature in El Caribe on 21 May 2021 asks for news on the development of the investigations into fast-accumulated early wealth of a young politician who declared a multimillion fortune when presenting her statement of worth after taking office as an Abinader government minister. It is the case of Kinsberly (Kimberly) Taveras, who was …