2018News

Government doubles interest payments in four years, but debt burden to GDP is below regional average

The Dominican Republic public debt burden is well below average by Caribbean and Central American standards, according to the Regional Economic Outlook published in October 2018 by the International Monetary Fund. The report says that with the exception of Haiti, the debt to GDP burden of other Caribbean nations is much higher than the Dominican …
2018News

US Coast Guard sends back 71 migrants on board illegal boat trips

The US Coast Guard announced it has returned 71 of 81 interdicted migrants to Dominican law enforcement authorities following multiple at sea interdictions off Puerto Rico and the Dominican Republic. Ten other migrants interdicted are facing federal prosecution in Puerto Rico for attempting to illegally re-enter a U.S territory. The interdictions were a result of …
2018News

San Francisco de Macoris murder case: 30 years to Marlon Martinez, 5 years to his mom

The Second Collegiate Tribunal of San Francisco de Macorís sentenced 21-year old Marlon Martínez to 30 years in jail and his mother Marlin to five years in jail for the death of 16-year old Emely Peguero in August 2017. Judges Maria de los Ángeles Concepción, Víctor Inoa and Carminia Caminero ruled that Marlon was guilty …
2018News

Duquesa arbitration to be heard at Uncitral tribunal

A United Nations Commission on International Trade Law (UNCITRAL) tribunal has begun hearing a Jamaican billionaire’s US$300 million treaty claim against the Dominican Republic concerning the seizure of a landfill site. On 19 December 2017, Jamaican national Michael Lee-Chin served the Dominican Republic government with a notice of intent to arbitrate under the Caribbean Community-Dominican …
2018News

Adoexpo’s new export guide

The Dominican Exporters Association (Adoexpo) has just published the “Guía de Exportación: Súmate a la Cultura Exportadora,” an exporters guide that seeks to motivate more to export. The guide looks into procedures, plans, free trade agreements, market access and more guidelines for those interested in exporting. Odile Miniño Bogaert, executive vice president of Adoexpo, made …