2025 – Page 74

At the end of March 2025, the Central Bank of the Dominican Republic, through the Monetary Board, took new initiatives to safeguard the Dominican economy. According to Valdez Albizu, the board took the decisions to clear uncertainties for the financial intermediaries (banks) and exchange houses. The Central Bank governor has repeatedly said that economic stability …

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Last week’s inception of 10% tariffs on all goods and services exported from the Dominican Republic to the United States was met with everything from proclamations such as Chicken Little’s “the sky is falling” to “the tariffs are an opportunity.” Economist Jaime Aristy Escuder wrote on X: “Dominican exports, including those of free zones, will …

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In a move aimed at boosting foreign investment and generating more jobs for Dominicans, the Ministry of Foreign Relations (Mirex) and the Center for Export and Investment of the Dominican Republic (ProDominicana) have agreed to streamline the issuing and renewing investment residency visas, as well as business visas for work purposes. Under the agreement, investors …

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The Consulate General of the Dominican Republic in New Jersey is open to the general public on Saturdays, starting 5 April 2025. The office will be open the extra day from 9am to 3pm to better serve the Dominican community in the area, N Digital reports. Consul General José Santana said the additional office hours …

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On Sunday, 6 April 2025, the Ministry of Public Works opened the massive toll plaza at Kilometer 32 of the Duarte Highway that leads to the Cibao and North Coast. The Duarte Highway is the nation’s busiest and most important thoroughfare. The toll booths are equipped with the latest technology, and EZY pass features as …

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The Dominican Republic continues to improve its relations with English-speaking Caricom countries. The newly appointed Dominican ambassador to Antigua and Barbuda, Yolanda Alexandra Victoria expressed her commitment to further strengthening the already strong relationship between Santo Domingo and St. John’s, the Antigua Observer reported. Ambassador Victoria made the remarks during a recent courtesy call on …

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Table grape producer Arismendy Almonte announced the export of the first shipment of grapes to the United States from Montecristi. The first shipment was of 2,000 boxes or 16 tons. President Luis Abinader and Minister of Agriculture Limber Cruz were in Montecristi for the event. Meanwhile, the exported Timpson variety of green grapes are now …

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La Cadena supermarket chain announced the shutdown of its last store on Av. Abraham Lincoln on 29 March 2025. The chain locations have been reopening branded as El Nacional, Carrefour or Bravo supermarkets. Juan Ramos told Diario Libre there is not yet a buyer for the Av. Abraham Lincoln store that is on a prime …

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The Central Electoral Board (JCE) disbursed over RD$375 million to political parties and movements in the Dominican Republic between January and March 2025, adhering to the state funding authorized by Law 33-18. According to a report from the JCE’s Specialized Financial Control of Political Parties, 38 parties and political movements that gained legal recognition following …

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Manuel Quiterio Cedeño has been named the recipient of the 2025 National Journalism Prize, a prestigious recognition of his extensive career and significant contributions to the development of journalism and communication in the Dominican Republic, Listin Diario reports. The award comes with a RD$1 million deposit. The announcement was jointly made by the Ministry of …

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