2017News

Dominican Republic places US$500 million in bonds to finish Punta Catalina plant

The Ministry of Hacienda announced a placement of US$500 million in sovereign bonds to complete funds needed for the coal-fired Punta Catalina thermoelectric under construction by Odebrecht in southwestern Peravia province. Minister of Hacienda Donald Guerrero said the bonds were placed at an interest rate of 5.10%, due 2027. The Ministry says this is the …
2017News

American policeman to go to jail for smuggling drugs into the country

A former Miami-Dade police officer who was accused of helping smuggle firearms to the Dominican Republic pleaded guilty Monday, 12 June 2017, in a Florida federal court to unlawfully exporting firearms. According to the Department of Justice, by pleading guilty, Michael Freshko admits that he used his position as a police officer to transport firearms …
2017News

Dominican avocado and mango exports increased last year

The taste and nutritious properties of the Dominican mango and avocado have won over different markets, such as the United States, the Netherlands, the United Kingdom, Germany, France, Italy, Spain and other countries in Europe, as reported in Fresh Plaza. According to statistics from the Ministry of Agriculture, last year, avocado exports grew by 91.2%, …