2017News

Senate excludes betting shops from Asset Laundry Bill

The Senate modified the Anti-Money Laundering/Combating the Financing of Terrorism Bill to exclude betting shops. The bill would enforce in the Dominican Republic measures that are now globally sanctioned under the Financial Action Task Force (FATF-GAFI). The bill would replace Law 72-02. The bill had been approved already by the Chamber of Deputies. It had …
2017News

Boskalis interested in setting up operations in DR

The Presidency reports that the Dutch firm, Boskalis, a global dredging and marine expert firm, would be interested in creating a regional center to provide service to the Americas from the Dominican Republic. Recently, William E. Castleton, Boskalis’ regional manager for the country, met with President Danilo Medina on the matter. From its Dominican office, …
2017News

Indotel to get help from FCC for digital TV switch in the DR

The Dominican Telecommunications Institute (Indotel) reached an agreement for assistance from the US government for the digitalization of the Dominican television system. Indotel reported that a Letter of Intent was signed in Washington, D.C. on 10 May 2017, by José del Castillo Saviñón, president of Indotel, and Ajit Pai, president of the US Federal Communications …