Navro Expands Real-Time Payout Network to 61 Countries, Enabling Businesses to Transact Like Locals in More Markets

Navro, the pioneering fintech that simplifies international payments for businesses, today announces a major expansion of its real-time, pay-to-bank capability – that is, the ability for businesses to send money instantly to someone’s bank account...

Abinader: Dominican Republic’s financial assets surpass 4 trillion pesos

Santo Domingo.- By July 2025, the Dominican financial system reported assets exceeding RD$4 trillion, with uninterrupted growth of 85.6%, representing an annual increase of 13.2%. The credit portfolio grew from RD$1.3 trillion to RD$2.3 trillion,...

Dominican Republic reports 4.6% growth in air tourism

Santo Domingo.- Tourism Minister David Collado announced that the Dominican Republic welcomed 8,592,694 visitors between January and September 2025, marking a new milestone for the tourism sector and reaffirming its vital role in the national...

Dominican Republic strengthens trade ties with Korea through business forum in Seoul

Seoul, South Korea.- The Embassy of the Dominican Republic in Korea and ProDominicana hosted the “Dominican Republic–Korea Business Forum: Strategic Horizons” at the VOCO Hotel in Seoul, gathering more than 50 Korean business leaders, diplomats,...

Santo Domingo Book Fair 2025 sets record with over RD$75 million in sales

Santo Domingo.- The Santo Domingo International Book Fair 2025 (FILSD 2025) concluded with historic success, achieving over RD$75 million in book sales—a 30% increase compared to the previous year. The event reaffirmed its status as the...

Electricity utility cracks down on illegal connections in Santo Domingo East

The Dominican government’s push for a more “just, efficient, and sustainable” electricity system saw a major operation as the Empresa Distribuidora de Electricidad del Este (Edeeste), the power distribution company, has joined forces with the...

Inclusive Concept, Marks 75 Years of Innovation with Bold Global Expansion and Major Renovations

Club Med, known for introducing the all-inclusive concept, continues to lead the industry with strong global growth, innovation, and a bold vision for the future. In the first half of 2025, the brand reported that Mountain Resorts saw a 7%...

The Reef: Sustainable Luxury Living on Playa Bonita in the Dominican Republic

Las Terrenas, once a small fishing village on the Samaná Peninsula of the Dominican Republic, has evolved into one of the Caribbean’s most compelling real estate markets. Infrastructure improvements, strong tourism growth, and rising international...

Cuban State Mission in the Dominican Republic analyzes new Labor Code

4 The Cuban State Mission in the Dominican Republic has analyzed the draft of the new Labor Code, as part of the consultation process that has been underway with the island’s labor groups since last September. The meeting was attended by the Cuban...

Abinader declares Dominican Republic the top investment destination in Latin America

Uvero Alto.- President Luis Abinader affirmed that the Dominican Republic is now the best place in Latin America to invest, during the inauguration of the W Punta Cana, Adult All-Inclusive resort—a USD 160 million project developed by Marriott...

Dominican Republic launches reconstruction of Anacaona Park in Constanza to boost ecotourism

Constanza, DR.- The Dominican Republic’s Ministry of Tourism has launched the reconstruction of Anacaona Park in Constanza, a project valued at RD$23.4 million (approximately US$400,000), as part of the government’s strategy to strengthen...

GPL-IEG deal – who’s the real beneficiary

Oct 11, 2025 Features / Columnists, The GHK Lall Column (Kaieteur News) – Think of a very sick man seeking help from another sick person who has shown improvement, but still grapples with continuing troubles. This is how I assess the hookup...

World Bank calls for support for more small business in Latin America and the Caribbean

A recent report prepared by the Chief Economist Office for Latin America and the Caribbean of the World Bank focuses on the need to support entrepreneurship to boost jobs and growth in Latin America and the Caribbean. According to the report,...

Canadian Business Leaders Say Fraud Cost Their Businesses 7.2% of Equivalent Revenues; Synthetic Identity Fraud Losses Surge – TransUnion Study

Specific country and regional data in the report includes the United States, Botswana, Brazil, Canada, Chile, Colombia, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Hong Kong, India, Kenya, Mexico, Namibia, Nicaragua, the...

Ten of the best winter sun destinations for Brits including 'hidden costs'

With winter fast approaching, many Brits are looking for different places to escape to so they can enjoy some sun during our cold season. The eSim provider Airalo has looked into potential options and identified several locations while also taking...

How Chilatshop can bridge Caribbean businesses to China’s factories

During my recent trip to China, the Ministry of Foreign Affairs took our delegation to a city every Caribbean entrepreneur should know — Yiwu, the global capital of small commodities. Home to more than 70 000 vendors, it’s where much of the...

Dominican Republic showcased in New York as regional leader in health tourism

Santo Domingo.- The Dominican Republic is emerging as a top destination for medical tourism, offering world-class hospitals, international accreditations, bilingual professionals, and treatment costs 40–60% lower than in the United States....

DR Customs chief declares logistics the nation’s ‘new economic axis’ in address to UASD students

Santo Domingo.- Dominican Republic Director General of Customs (DGA), Yayo Sanz Lovatón, delivered a powerful address to students at the Autonomous University of Santo Domingo (UASD) this week, proclaiming the logistics sector as the country’s...

Chocolate prices set to remain high

NEW YORK: U.S. chocolate consumers will face elevated chocolate prices this coming Halloween period as cocoa costs have more than doubled since early 2024, according to a report released on Thursday by Wells Fargo’s Agri-Food Institute. While...

Dominican entrepreneur invests savings into Coco Bus

As neighbors walk along Jerome Avenue, they may stumble by what appears to be a school bus. However, it's a Coco Bus, which sells traditional Dominican food, ranging from pastelitos to natural juices. “It’s like a proud moment to be able to gift...