Tuesday, Mar 28, 2017
DOMINICAN REPUBLIC NEWS

Leading the miracle of the Caribbean




President Danilo Medina and his administration continue to strive for economic growth and political stability, while keeping a firm eye on building infrastructure... Mar 12, 2013

Government | North America & Caribbean | Dominican Republic


The same dream over the same sea


Jean Alain Rodríguez, General Director of CEI-RD

Business and cultural ties between the U.S. and the D.R. have only grown stronger in the past 20 years Mar 12, 2013

Government | North America & Caribbean | Dominican Republic


Raising competitiveness, supporting national industry


The Dominican Republic blends natural beauty with burgeoning industrial and services sectors, which are growing in importance alongside small and medium-sized enterprises (SMEs)

Though strategically located just two hours from the U.S., the Dominican Republic must compete with its neighbors to capture a larger market share. Support... Mar 12, 2013

Industry & Trade | North America & Caribbean | Dominican Republic


Economic shifts bring growth


Juan Temístocles Montás, Minister of Economy, Planning and Development

A diverse economy based on solid foundations has helped the Dominican Republic dodge the worst effects of the global downturn over the past five years... Mar 11, 2013

Finance | North America & Caribbean | Dominican Republic


Infrastructure drives development, boosts tourism


Ever-improving infrastructure means both goods and people can get to where they need, and want, to be in less time

The Dominican Republic, which is looking to continue to harness the tourism boom so as to drive economic growth, has proven its ability to build quality... Mar 11, 2013

Infrastructure | North America & Caribbean | Dominican Republic


At the head and crossroads of Caribbean telecommunications


About 93% of the country enjoys cell phone coverage, and the government encourages youth to learn ICT skills

Strategically located between the United States and South America, the Dominican Republic is a natural hub not only for regional trade, but also for the... Mar 11, 2013

Telecoms & ICT | North America & Caribbean | Dominican Republic


Diversifying the energy matrix


A national goal in recent years has been to find alternative energy solutions such natural gas and wind and solar power

The Dominican government has made great strides in recent years to reform an energy sector that was badly in need of a radical change Mar 11, 2013

Energy | North America & Caribbean | Dominican Republic


True Dominican flavor


There are 27 tobacco companies in the D.R., which in total employ more than 12,000 people

What better to accompany a decanter of cask-mellowed añejo rum than a fine hand-rolled cigar? Mar 11, 2013

Tourism & Culture | North America & Caribbean | Dominican Republic


Conquering the U.S. market


The United States is the Dominican Republic’s third largest market for rum exports, after Spain and Chile

No question that the Dominican Republic has done very well out of steadily increasing foreign demand for its rum and quality hand-rolled cigars. Recent... Mar 11, 2013

Tourism & Culture | North America & Caribbean | Dominican Republic


Santo Domingo. The first city of the new world


Dining al fresco is just one of the many ways to unwind after a busy day of shopping and sightseeing in Santo Domingo

A collage of cultures and neighborhoods with everything from historic colonial sites to shopping malls makes this a city for all tastes Mar 11, 2013

Tourism & Culture | North America & Caribbean | Dominican Republic


Punta Cana. So close to being in paradise




With white sand beaches and the most attractive accomodations, Punta Cana has become one of the most popular tourism spots in the world Mar 11, 2013

Tourism & Culture | North America & Caribbean | Dominican Republic


La Romana. A new hole-in-one destination


Costa Sur’s Casa de Campo resort offers golf and nature lovers apartments, villas and lots

La Romana, nestled in the warm Caribbean, a revelation of a secret paradise for golf...and much, much more Mar 11, 2013

Tourism & Culture | North America & Caribbean | Dominican Republic


“Our little bureaucracy makes us different from the big multinationals”

Mr. Celso Marranzini, President of Multiquímica Dominicana
President of Multiquímica Dominicana

Multiquímica Dominicana was one of the first Dominican companies that went out abroad. Its... Dec 20, 2012


The Dominican Republic has it all

Mr Eduardo Reple
Hotels´Association of Santo Domingo

Mr Eduardo Reple from the Hotels´Association of Santo Domingo explains how you can find everything... Sep 12, 2012


The ocean is the new highway

Mr. Teddy Heinsen
President of Association of Shipping

According to President Heinsen and the Executive Director, Mr. Anibal Piña of Association... Sep 12, 2012


Laying the foundations of an economy from the ground up

Ms. Julissa Baez
Executive Director of the Association of Portland Cement Producers

Ms. Julissa Baez, Executive Director of the Association of Portland Cement Producers, realises... Sep 12, 2012


A top-notch tourist destination

Julio Llibre
President of ASONAHORES (the National Association of Hotels and Restaurants)

United World meets with Julio Llibre, President of ASONAHORES (the National Association of... Aug 23, 2012


A Caribbean telecom leader

Rosario Sang
President of Cámara TIC

United World meets with Rosario Sang, President of Cámara TIC, the Dominican Chamber of ICT,... Aug 16, 2012


‘From the weekly sale of 20 million gallons of oil we provide the tax authorities with 700 million Dominican pesos’

Francisco Mendez Refidomsa
President Dominican Petroleum Refinery S.A.

Strategically located near the country’s main port of West Haina, the Dominican Petroleum... Aug 02, 2012



LOCATION:   

Caribbean, eastern two-thirds of the island of Hispaniola, between the Caribbean Sea and the North Atlantic Ocean, east of Haiti

 

MAP REFERENCES:   

Central America and the Caribbean 

 

AREA:   

total: 48,670 sq km



COASTLINE:   

1,288 km

 

CLIMATE:   

tropical maritime; little seasonal temperature variation; seasonal variation in rainfall

 

NATURAL RESOURCES:   

nickel, bauxite, gold, silver

 

LANGUAGES:   

Spanish update paises set descripcion = official)

 

RELIGIONS:   

Roman Catholic 95%, other 5%

 

POPULATION:   

10,088,598 update paises set descripcion = July 2012 est.)



GOVERNMENT TYPE:   

democratic republic

 

CAPITAL:   

name: Santo Domingo



GDP update paises set descripcion = purchasing power parity):   

$93.38 billion update paises set descripcion = 2011 est.)



GDP - real growth rate:   

4.5% update paises set descripcion = 2011 est.)



GDP - composition by sector:   

agriculture: 6%

industry: 30.8%

services: 63.2% update paises set descripcion = 2011 est.) 

 

AGRICULTURE - products:   

sugarcane, coffee, cotton, cocoa, tobacco, rice, beans, potatoes, corn, bananas; cattle, pigs, dairy products, beef, eggs

 

INDUSTRIES:   

tourism, sugar processing, ferronickel and gold mining, textiles, cement, tobacco

 

EXPORTS:   

$8.536 billion update paises set descripcion = 2011 est.)



IMPORTS:   

$17.42 billion update paises set descripcion = 2011 est.)



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