2022News

Cigar production in a boom year; government support to new plan celebrated

The Association of Cigar Producers of the Dominican Republic (ProCigar) recognized President Luis Abinader on Thursday, 1 September 2022. The recognition came on occasion of the celebration of the 30th anniversary of ProCigar in Santiago. The cigar producers gathered to thank the President for his strong support to the tobacco industry. The industry is implementing …
2022News

Businesses urged to plan for disasters

The spokesperson for the Central American Network for Social Responsibility (Integrarse), Mariel Bera urged companies to better prepare themselves for disasters. Together with reviewing the risk management policies for business models, the organization urged businesses to go beyond the normal areas of risk management in their business model and look seriously at issues such as …
2022News

Falcondo to produce here nickel for electric vehicles

Falconbridge Dominicana (Falcondo) announced new investments are planned to produce nickel for electric vehicle batteries in the Dominican Republic. The company plans to invest over US$150 million in the new venture. The plan is to extract nickel for batteries using a byproduct of the Falcondo nickel mine. The process requires less energy, the company president …
2022News

Alejandro Fernandez Whipple is confirmed as Superintendent of Banks; four new deputy ministers of Education

President Luis Abinader published Decree 502-22 ratifying Alejandro Fernandez Whipple as Superintendent of Banks. Fernandez Whipple made headlines last month for the privileged wage increases that have been incorporated into the position. In the same decree, President Abinader appointed four new deputy ministers at the Ministry of Education. Last month, President Abinader named a new …