2020News

Boeing maintenance center to operate at Barahona International

The Presidency announced on Friday, 21 February the enactment of the new Public-Private Partnership Law 47-20 and shortly afterward the new agreement with Boeing. As reported, the Medina administration has signed an agreement with Boeing and FTS Holdings Group for the construction of an aviation maintenance center at Barahona’s Maria Montez International Airport. The airport …
2020News

Presidency enacts new tax amnesty law

President Danilo Medina enacted Transparency and Patrimonial Reassessment Law 46-20 (Ley de Transparencia y Revalorización Patrimonial) on Friday, 21 February 2020. The law allows taxpayers to declare, reassess and make the corresponding payment, voluntarily and exceptionally, for assets that have not been declared before the Tax Agency (DGII) to regularize their tax obligations according to …
2020News

Solidarity Bank disbursed over RD$6.8 billion in 2019

The director-general of the governmental Solidarity Bank, Mayra Jiménez, says in 2019 the bank granted over RD$6.9 billion in financing for micro- and small businesses. This represented an 8% growth in the credit portfolio of the bank. The bank has 110 offices and branches nationwide. Reportedly it provided services to 127,986 clients, including 38,000 new …
2020News

Dominican students evacuated from Wuhan arrive in Ukraine to a hostile welcome

Dominicans met with hostility as they arrive for 15-day quarantine in Ukraine. Five Dominican students arrived in good health to Ukraine after being evacuated from Wuhan, China. News media, nevertheless, reports that the local residents in the village of Novi Sanzhary were not happy about the transitory keeping of the foreigners, in their transit to …