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Archive for the ‘Latest News’ Category

Dom. Rep. paces foreign investment in the Caribbean at US$2.4B

Icon Written by admin on 05/05/2012 – 7:28 pm

SANTIAGO, Chile.- Direct foreign investment (DFI) in Latin America and the Caribbean reached the US$153.4 billion milestone in 2011, or 10 percent of the world total, according to the UN’s Economic Commission for Latin America and the Caribbean (ECLAC), Efe reports. “This amount could be surpassed this year” ECLAC said in its report “Direct foreign [...]



National Consumer Price Index RD, 2011 (December 2010=100)

Icon Written by admin on 08/02/2012 – 9:57 pm


MONETARY BOARD AUTHORIZES CENTRAL BANK TO ADOPT INFLATION TARGETING

Icon Written by admin on 08/02/2012 – 9:46 pm

The  Central  Bank  of  the  Dominican  Republic  wishes  to  inform  the  public  that  the  Monetary Board,  in  its  First  Resolution  of  December  15,  2011,  authorized  the  establishment  by  the Central  Bank  of  a  monetary  policy  framework  based  on  Inflation  Targeting  (IT)  as  of January 2012. In this regard, the Central Bank recently released its 2012 [...]



Why invest the Dominican Republic?

Icon Written by admin on 07/02/2012 – 10:47 pm

 Stable economic and political environment  FDI Friendly environment  Sound legal framework for foreign investment Preferential market access to the United States, Europe, Central America and the Caribbean  Customized Training  Abundance of competitive, experienced and qualified labor force  Modern transportation infrastructure  Advanced and reliable telecommunication infrastructure  Supporting Industries & services Competitive costs for doing business  Nearshore [...]



DR is a key point for technological businesses

Icon Written by admin on 07/02/2012 – 10:44 pm

Companies at the Cybernetic Park of Santo Domingo recruit high-level personnel with knowledge of information technology and engineering. Among these are Caribbean Manufacturing Solutions, Telvent and Mannindia. The park already has 947 people working there. The investment in infrastructure of the business complex is nearing US$80 million. The Hindu Arockia Arulsami travelled thousands of kilometers [...]



Exportation to Europe raised 21 %

Icon Written by admin on 07/08/2011 – 11:52 am

  Dominican exports towards European countries increased 21 % in 2010, what confirms an increase in the commercial exchange of the country with the European Union, after the signature of the Agreement of Economic Association (EPA) in 2008.



Obama speaks highly of Dominican contributions in US

Icon Written by admin on 09/01/2011 – 3:37 pm

WASHINGTON. President Leonel Fernandez met yesterday for 50 minutes with his counterpart from the United States, Barack Obama, in the Oval Office of the White House where the American president spoke highly of the contributions of by the Dominican community to the United States. Obama interested in DR becoming regional center of clean energy



Ambassador of Dominican Republic elected TDB UNCTAD President

Icon Written by admin on 09/01/2011 – 12:17 pm

    The new President of the Trade and Development Board, elected by acclamation, is Luis Manuel A. Piantini Munnigh, Ambassador and Permanent Representative of the Dominican Republic to the World Trade Organization and Economic Organizations in Geneva. Ambassador Piantini, who assumed the Presidency of the TDB at the opening of its 57th session, replaces [...]



Dominican Republics most important Partner US where is Europe?

Icon Written by admin on 08/01/2011 – 6:42 pm

Dieser Eintrag beschreibt kurz sterben Art der Wirtschaft, einschließlich der Grad der Marktorientierung, Das Niveau der wirtschaftlichen entwicklung, der wichtigsten natürlichen Scrobbler und der einzigartigen Fachgebieten. Es kennzeichnet Auch Wichtige Wirtschaftliche und Politische Veränderungen Spezialgegenstände In den Letzten 12 monaten und Kann Eine Aussage Über Ein Oder Zwei Schlüssel zukünftigen makroökonomischen weltweit einzubeziehen.

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GDP Dominican Republic 1980 – 2014

Icon Written by admin on 07/12/2010 – 6:29 pm

1980                      8,663  Mrd. USD 1981                      9,688  Mrd. USD 1982                      9,132  Mrd. USD 1983                      9,451  Mrd. USD 1984                   14,855  Mrd. USD 1985                      6,490  Mrd. USD 1986                      7,883  Mrd. USD 1987                      8,296  Mrd. USD 1988                      7,597  Mrd. USD 1989                      8,581  Mrd. USD 1990                      7,987  Mrd. USD [...]



Main Exports from Switzerland to Dominican Republic

Icon Written by admin on 29/11/2010 – 3:55 pm

(in Mill Dollar) Total 2008 Total 2009 18 1. Machinery, apparatus 23 1. Machinery, apparatus 2. Precision instruments 2. Chemical products 3. Chemical products 3. Precision instruments



World Bank Economical figures DR 2000 – 2009 in glance

Icon Written by admin on 15/11/2010 – 6:45 pm

                                                                                   2000          2001       2008       2009 Dominican Republic GNI per capita, PPP (current international $) 4,770.0 4,890.0 7,860.0 8,110.0 Dominican Republic Population, total (in millions) 8.8 9.0 10.0 10.1 Dominican Republic GDP (current US$) (in millions) 23,996.7 24,894.9 45,805.4 46,788.3 Dominican Republic GDP growth (annual %) 5.7 1.8 5.3 3.5 Dominican Republic Life expectancy [...]