by Natalie Moodey | Jul 30, 2026 | Caribbean news
The tax authority (DGII) plans to strengthen oversight of tax-exempt non-profit organisations and shell companies amid concerns they are being used to evade taxes. Director Pedro Urrutia said the agency will increase audits, monitor asset acquisitions and...
by Natalie Moodey | Feb 5, 2026 | Caribbean news
Dominican Republic set to lead Latin America’s economic recovery with 4.5% growth. The c is projected to lead Latin America with 4.5% GDP growth in 2026, according to the World Bank’s Global Economic Prospects report. The country outpaces regional peers due to...
by Natalie Moodey | Feb 2, 2026 | Caribbean news
Cuba condemns Trump’s decision to impose tariffs on nations sending oil to Cuba Cuba’s government has condemned “in the strongest terms” the decision by President Trump to sign on 29 January an Executive Order that threatens to impose tariffs on any nation...
by Natalie Moodey | Oct 31, 2025 | Caribbean news
Oil and gas discovery in Montecristi. BSD Global Exploration has announced the discovery of significant oil and natural gas deposits in Montecristi, northwest Dominican Republic, using advanced 3D seismic and proprietary remote sensing technology. The company...
by Natalie Moodey | Aug 25, 2025 | Caribbean news
Moody’s upgrades DR credit rating. Moody’s has upgraded the Dominican Republic’s long-term local and foreign-currency credit ratings to Ba2 from Ba3, with a stable outlook. The upgrade reflects the country’s strong economic growth averaging 5% annually over 15 years,...
