2020News

New Port Authority director turns down credit card for US$10,000 a month for personal expenses

Has Jean Luis Rodriguez, the new executive director of the Dominican Port Authority, opened a Pandora’s box? Rodríguez is setting an example that many government officials will find tough to follow. He understands the extras are illegitimate and untimely in these Covid-19 days Rodríguez turned down US$10,000 a month in personal expenses. He was not …
2020News

Barrick Gold delivers US$47 million in advances on its taxes; INAPA says it will use the funds for aqueducts in Monte Plata

Hacienda Minister José Manuel (Jochy) Vicente announced that the Dominican government received US$47 million from the Barrick Gold mine in tax advances. Vicente said Barrick will pay another US$95 million in 2021. The Dominican government is benefiting from the windfall in profits as gold exports yield high prices in international markets. Vicente said the conditions …
2020News

US activates initiative for funding investments in DR

US International Development Finance Corporation (DFC) chief executive officer Adam Boehler and President Luis Abinader signed a memorandum of understanding (MOU) between the US and the Dominican Republic to promote investment and bolster the local economy. The plan is to collaborate to mobilize investments in energy, tourism and other infrastructure projects that will strengthen key …
2020News

Strengthening the ties between the DR and the United States; AmCham is holding Dominican Week 2020 online

The American Chamber of Commerce of the Dominican Republic (AmChamDR) presents its 28th edition of Dominican Week from October 19 to 30. The Dominican Week this year will be held online. The discussions and talks focus on competitiveness and how to improve the investment climate. Learn more about the US plans for the country and …
2020News

Central Bank and Civil Aviation Board stats show tourism is very slowly picking up again

Dominicans who caught abroad when airports shut down in March 2020 made it back by the thousands in August. But by September, the numbers had declined somewhat. Foreign tourists are gradually returning, understandable in these difficult Covid-19 times. Central Bank tourism report numbers show the foreigners have begun to return, but slowly. In its January-September …
2020News

Victor Fadul voted to the National Council of the Magistracy

The Chamber of Deputies selected deputy Victor Fadul (PLD-Santiago) to be the PLD representative in the National Council of the Magistracy. With the naming of Fadul, the only seat missing to be named is the Senate’s second majority political party. The Dominican Liberation Party (PLD), the People’s Force and the Social Christian Reformist Party (PRSC) …
2020News

Faride Raful had said she would resign the legislative slush fund, now she has found a better use for it

When she was an opposition deputy in the Chamber of Deputies, young legislator Faride Raful was very vocal speaking up, calling for an end to corruption, more checks and balances in government, and eliminating the slush fund in Congress. The fund delivers legislators upwards of RD$300,000= US$1 million + a month for use at their …
2020News

Senior military intervene so businesses can sell booze after curfew

The commander of the Alcoholic Beverage Control Program (COBA) of the Ministry of the Interior and Police in La Altagracia, Roberto Antonio Silverio Castillo, denounced higher up military officers are making life impossible for his patrols. He said that generals, colonels and other high-ranking military officials allow businesses to stay open after curfew to continue …