2025News

Interest rates fall in first quarter

The Central Bank (BCRD) has announced a continued downward trend in interest rates across multiple banks during the first quarter of 2025, El Caribe reports. Despite a challenging global economic landscape, the nation’s financial system maintains robust indicators, according to a recent BCRD analysis. The report, titled “Strength and Resilience of the Dominican Financial System …
2025News

Presidency announces position of head of National Anti-Terrorism Agency

Brigadier General Pilot Jonás Reynoso Barrera has been named the new executive director of the National Anti-Terrorism Agency (DNA), according to an announcement from the Ministry of Defense. The Ministry of Defense says that the appointment, made by Lieutenant General Carlos Antonio Fernández Onofre, Minister of Defense, is part of an ongoing effort to modernize …
2025News

Government adds an observatory to monitor migration policy

President Luis Abinader has signed Decree 215-25, creating the Observatory of Migration Policies, the Presidential Office announced. The new entity is in addition to the existing and the Migration Agency (DGM), the National Migration Institute (INM). The new entity will fall under the National Migration Council. This new body will serve as a platform for …
2025News

Consumer protection agency demands revision of death certificates in Jet Set Nightclub collapse

The National Observatory for Consumer Protection (Onpeco) has voiced its serious concern that the lack of crucial information on the death certificates issued to the families of the victims who perished in the collapse of the Jet Set nightclub on 8 April 2025, El Caribe reports. In a press release, Onpeco highlights that the documents …
2025News

Updates on the JetSet Case: Jorge Luis Polanco takes up defense of Antonio Espaillat

In new developments over the weekend, lawyer Jorge Luis Polanco, the lawyer that headed the special legal entity President Luis Abinader had designated to strike deals for the early recovery of assets for the government from predetermined corruption legal cases traced to the past Danilo Medina administration, announced he would take on the defense of …