2024News

Abinader calls for climate action, access to AI, and global stability

President Luis Abinader urged action on climate change, accessibility to artificial intelligence (AI), and the need for international stability during his address at the United Nations headquarters in New York on Monday, 23 September 2024. Speaking at the Future Summit, part of the 79th session of the UN General Assembly, Abinader emphasized the importance of …
2024News

President Abinader opens Unesco debates on education at UN General Assembly

President Luis Abinader opened the debates on education at the UN headquarters within the framework of the 79th session of the United Nations General Assembly. He spoke of the country’s investing 4% of GDP in education for the past decade. The meeting on Tuesday, 24 September 2024, sought to highlight enabling conditions and investment in …
2024News

New consulates to open

To better serve the Dominican population abroad, the Dominican Republic government has submitted the request for new consulates in cities with large expat populations. President Luis Abinader announced that the general consulates in Baltimore, Maryland; Providence, Rhode Island, and in the US states of Connecticut and North Carolina are “in process.” President Abinader also mentioned …
2024News

Abinader gives officers 15 days to post wealth statements; Vice President says she wouldn’t have given the extension

President Luis Abinader announced during his 23 September 2024 press conference in New York that he is giving government officers another 15 days to present their wealth statements after taking on positions in government. Over the years, governments have been lax in imposing penalties on government officers who do not comply with the legal requirement …
2024News

First sustainable bond issuance approved for pension funds

Banco de Ahorro y Crédito Fondesa, S.A. (Banfondesa) has issued the country’s fist sustainable bond as an investment alternative for pension funds. The issuance is valued at RD$500 million. The Presidency says this is a significant step for the Dominican Republic’s economy due to its widespread social impact. The Risk Classification and Investment Limits Commission …
2024News

Interior and Police continue to shut down night spots for violating peace of neighborhoods

The Ministry of Interior and Police says that 45 night clubs have been temporarily shut down in the first month of new authorities. The shutdowns are part of the Operation Guarantee of Peace. During the raids on businesses, 337 illegal weapons were seized. The business owners are instructed they need to comply with the law …
2024News

Santiago prosecution files charges in Operation Discovery 2.0 against cybercrime network

The Santiago Prosecutor’s Office has formally charged 21 individuals, including two corporate entities, in connection with a cybercrime network that defrauded hundreds of elderly Americans out of millions of dollars through electronic scams. The investigation, known as Operation Discovery 2.0, successfully thwarted these fraudulent activities. The indictment, submitted on Monday, 23 September 2024 to the …