2025 – Page 166

The World Baseball Classic will be held 5 to 17 March 2026 with the participation of 20 teams. The event has been held on five occasions yet the DR has only won the event once in 2013, but the intent this year is to bring the trophy home. This time around, the Dominican Republic is …

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On the agenda of his business-promotion trip to the United States, President Luis Abinader will tour Purdue University in Indiana to meet with the university authorities that are backing the training of Dominicans in the manufacture of semiconductors. President Abinader is scheduled to meet in Indiana with the leadership of Purdue University, including President Mung …

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The Dominican Republic has announced the launch of a RD$500 million fund aimed at supporting entrepreneurs in the cultural and creative sectors. The fund, a joint initiative of the Ministry of Culture and the National Council for the Promotion and Support of Micro, Small, and Medium Enterprises (Promipyme), seeks to bolster the nation’s orange economy …

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Inflation was 0.37% in January 2025, but growth was also relatively sluggish. The Central Bank reported a 2.2% year-over-year growth in January 2025. This growth, measured by the Monthly Indicator of Economic Activity (IMAE), indicates a moderation in domestic demand, particularly in the investment sector, influenced by a slowdown in construction. The Central Bank reports …

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The Ministry of Environment has provided the National Environmental Protection Service (SENPA) with a fleet of 10 pickup trucks and 20 motorcycles. This donation aims to reinforce SENPA’s patrol and surveillance capabilities, crucial for combating environmental crimes throughout the nation, the Presidency reports. The official handover took place at the Ministry of Defense, with Minister …

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The Central Bank of the Dominican Republic (BCRD) has announced the release of a new RD$50 bill, set to enter circulation on Thursday, 6 March 2025. The new bills, bearing the year 2024, will feature the same security measures as the current RD$50 bills in circulation. The year of issue, 2024, can be found on …

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Economist Ellen Perez Ducy writes in Diario Libre on 6 March 2025 that the minimum wage raises have had little impact on inflation over the past decades. The Abinader administration recently announced a gradually phased in 20% minimum wage rise for non-sectorized private sector workers. She reports that the non-sectorized private worker minimum wage is …

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In what is described as his first interview with media after eight years, former President Danilo Medina responded to questions from the El Sol de la Mañana panel. Medina was President for the terms 2008-2012 and 2012-2016. He said he was unable to change the Constitution because his political party, the Dominican Liberation Party (PLD) …

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Christian pastor turned politician Carlos Peña, leader of the Servants Generation Party (GenS), announced on Tuesday, 4 March 2025 that his organization will renounce state funding allocated by the Central Electoral Board (JCE). This decision comes despite GenS’s emergence as a significant independent political force following the 2024 elections. Peña called on the JCE to …

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Costa Rica, Ecuador and the Dominican Republic have officially declared their support for Surinamese Foreign Minister Albert Ramdin in his bid to succeed Luis Almagro as Secretary General of the Organization of American States (OAS). This endorsement, as stated in a joint press release by the three nations, underscores their dedication to regional unity, the …

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