Santo Domingo.– The increase in bank credit to the private sector helped reactivate the Dominican economy, which will grow this year by around 3.5%, the Central Bank reported. Due to a strong correlation between the private credit and the GDP growth, the Dominican economy has experienced an important recovery, mainly in 2009’s second quarter, according [...]

Santo Domingo.–The Dominican government is reneging on an agreement to pay private generators around US$200 million owed for energy, as agreed with the World Bank (WB). A reliable source in the industry revealed today that despite the pledge by State-owned power companies (CDEEE) director Celso Marranzini that the payment would materialize by yearend, Treasure minister [...]

Santo Domingo.– Economists and businessmen expect the agreement with the International Monetary Fund (IMF) will dinamize the Dominican economy during next year´s fist half, with a lot of money circulating, a broadening tax base and several public expenditures. Members from the Chamber of Commerce and Production of Santiago expect that 2010 will see a change [...]

Preparing his expedition On December 11, 1695, Bellomont, who was now governing New York, Massachusetts, and New Hampshire, asked the “trusty and well beloved Captain Kidd”[12] to attack Thomas Tew, John Ireland, Thomas Wake, William Maze, and all others who associated themselves with pirates, along with any enemy French ships. This request preceded the voyage [...]

MIAMI — Marine Exploration, Inc. (OTCBB: MEXP) weekly salvage report announces recovering over one hundred artifacts from the site of the 1700s wreck. Marine Exploration President Paul Enright states: “Burt Webber and his crew continue daily operations on a 1700s shipwreck in the Dominican Republic contract area. We are very excited with the numerous one-of-a-kind [...]

The Netherlands’ upset of a squad full of big-league Dominican talent still seems pretty far-fetched, Jeff Passan writes for Yahoo Sports the day after the stunning Dutch victory in the World Baseball Classic. “They beat a team paid more than $80 million this year by melding kids trying to scratch out major-league careers, elders trying [...]

When most people think of the Dominican Republic, they think of exotic beaches and vacation destinations. The beautiful beaches, outdoors excursions, party cruises and cultural and historical attractions make this area one of the most popular Caribbean vacations destinations. Its easy to see why so many make Dominican Republic their first choice for Caribbean vacations. [...]

Some are quick to call them a vice, but authentic rums and cigars form the Dominican are incomparable and notorious throughout the Caribbean. Where it is common in the states to pair a scotch and a cigar and melt into a plush chair, you will come to discover that it is only common for run [...]

The beautiful island nation of the Dominican Republic, on the larger island of Hispaniola, has always been an island destination for tourists. Visitors can take tours of the island by boat or by plane and enjoy the beautiful beaches and tropical weather from the comfort of their hotels. As well, the Dominican Republic has some [...]

“I assure your highnesses that these lands are the most fertile, temperate, level and beautiful countries in the world” – Christopher Columbus. The Dominican Republic is one of the most beautiful Caribbean destinations and is also one of the most exciting emerging property markets in the world. Government incentives to attract high quality sustainable tourism [...]