2025 – Page 187

The Central Bank (BCRD) has decided to lower its benchmark interest rate by 25 basis points to 5.75% per year, effective 27 December 2024. This decision was made following a monetary policy meeting held on that date. The Central Bank cited recent developments in the global economy, including interest rate cuts in advanced economies and …

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The National Budget 2025 authorizes the Dominican government to seek over $6.55 billion in international financing for 37 key infrastructure projects in 2025 mainly for transportation, water, sanitation, energy, and education, Diario Libre reports. Among the most significant projects is the construction of a monorail in Santiago de los Caballeros, for which the government will …

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Unseasonably heavy rains have disrupted the holiday season in northern regions of the Dominican Republic, where flooding caused by persistent downpours has damaged homes and displaced residents. During a visit to Puerto Plata province yesterday, Acting President Raquel Peña announced that 3,469 families affected by the severe flooding will receive a RD$5,000 family support bonus. …

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Lawyer and writer Federico Jovine Bermudez writes in Listin Diario that the Abinader administration’s Km 9 road improvements are a tale of broken promises and impunity. He recounts the many times that Minister of Public Works Deligne Ascención, or his deputies, have come forth to announce completion dates for the road section. The Km 9 …

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Members of the Customs Agency (DGA) seized a freight container that originated in Brooklyn, New York, and its contents: over three million cigarettes and thousands of rounds of ammunition. The false customs declaration stated the container contained “different packages, including household goods, PPE (Personal Protection Equipment), and other stuff.” The 6,000 rounds of ammunition were …

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Despite increased efforts to combat gender-based violence in recent years, including the establishment of women’s shelters and awareness campaigns, femicides remain a pressing issue in the Dominican Republic, Listin Diario reports. As 2024 drew to a close, at least 56 women were murdered by current or former spouses. June was the deadliest month of the …

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At least two persons have lost their lives during incidents now known as ‘road-rage’, a phenomena of modern-day driving on the streets and highways in many countries. Here in the Dominican Republic, a radio host was killed during an altercation after what is known in the United States as a ‘fender bender’ incident in the …

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A comprehensive investigation conducted by National Police’s explosives experts has concluded that a propane gas leak was the cause of a deadly explosion that leveled a building in Sosúa, claiming the life of 37-year-old Carmen Joselyne Lora Caminero, as reported in El Caribe. According to the report, the blast occurred as attorney Lora was preparing …

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The Gigantes del Cibao and the Toros del Este were eliminated as the regular season of the Dominican Winter Professional Baseball Championship came to a close on 29 December 2024. The Estrellas Orientales won the regular season with a record of 30 wins and 20 losses. The Aguilas Cibaeñas were second with 28-22, followed by …

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The first three of four concerts programmed by bachata music band Aventura and its most popular performer, Romeo Santos, were successfully held on 27, 28 and 29 December 2024 at the Felix Sanchez Olympic Center in Santo Domingo to full house crowds of around 50,000 persons per night. This is a new record for a …

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