Dolores Vicioso – Page 199

Deep divisions between business and labor negotiators could stall the much-anticipated update to the Dominican Republic’s labor laws, currently being debated in the National Congress. On Wednesday, 4 December 2024, business leaders met with the Senate Special Commission, chaired by Senator Rafael Duluc, in a late attempt to discuss the proposed reforms. The Senate has …

Read more…

Expect a reduction in traffic jams starting 20 December 2024, when schools in the Dominican Republic close for the Christmas holidays. The schools are officially scheduled to resume on 7 January 2025. Read more in Spanish:El Nacional 5 January 2024

English and French professor, 31-year old Fernando Eusebio Peña was ordered to keep three months in preventive custody at the CCR San Pedro de Macoris jail. He is charged for sexual abuse of a minor at the La Siria public school where he taught in a rural area of San Pedro de Macoris. Fernando Eusebio …

Read more…

A specialized team from Spain’s Central Operational Unit (UCO) has been dispatched to the Dominican Republic to investigate potential financial ties linked to the Koldo corruption case. The Koldo Case illustrates a troubling intersection of corruption involving Spanish officials and Dominican entities. With significant funds allegedly funneled into the Dominican Republic, the situation raises concerns …

Read more…

Playing in their newly remodelled Tetelo Vargas Stadium in San Pedro de Macoris, the Estrellas Orientales took the lead of the Dominican Winter Professional Baseball Championship by defeating the Escogido Lions on Wednesday, 4 December 2024. Ismael Munguía was the undisputed hero of the night as his two-run RBI single in the seventh inning propelled …

Read more…

On Tuesday, 3 December 2024, President Luis Abinader presented two key legislative initiatives to the National Congress via the Senate, aimed at strengthening the criminal justice framework in the Dominican Republic. The proposed laws are the Bill on the Prosecution and Judicialization of Criminal Organizations and the Bill on the Care, Legal Representation, and Protection …

Read more…

In a move aimed at stimulating the economy and making homeownership more accessible, the Dominican Republic’s Central Bank (BCRD) has announced a series of monetary policy adjustments after its late November 2024 meeting. During the November 2024 meeting, the BCRD’s Monetary Board decided to:• Reduce the policy interest rate by 25 basis points to 6.00% …

Read more…

Interior and Police Minister Faride Raful announced on 3 December 2024 that the country’s accumulated homicide rate for 2024 has reached a historic low of 9.58 per 100,000 inhabitants. The minister highlighted that November has seen a significant decrease in these incidents. Raful noted that there were even two days in the last week of …

Read more…

On Tuesday, 3 December 2024, legislators of the Modern Revolutionary Party voting in favor of approving the 2025 National Budget as received from the Presidency. Despite objections from the opposition legislators, the ruling party majority successfully pushed through the legislation in an urgent session. The government estimates a total revenue of RD$1,681,728,011,591 for the upcoming …

Read more…

Standard & Poor’s (S&P Global) has once again reaffirmed the Dominican Republic’s credit rating at “BB with a stable outlook,” highlighting the country’s regional leadership in terms of economic growth. The credit rating had been announced on 5 January 2024 and is described as one that reflects the country’s strengthened governmental institutions, sustained high economic …

Read more…