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 | 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,...
by Natalie Moodey | Aug 25, 2025 | Caribbean news
DR moving to join the OECD. Moving towards a strategic partnership between the OECD and Latin America. The Dominican Republic is advancing efforts to join the Organisation for Economic Cooperation and Development (OECD), aiming to attract foreign investment and...
by Natalie Moodey | Feb 13, 2025 | Caribbean news
The Dominican Republic has solidified its standing as a premier global tourism destination by securing an impressive US$6.75bn in investments at the FITUR 2025 international tourism fair in Madrid, Spain. This marks a significant increase from last year’s...
by Natalie Moodey | Jan 16, 2025 | Caribbean news
DR Government set to borrow billions for development push The Dominican Republic is poised to embark on an ambitious development agenda in 2025, with the government authorised to secure over US$6.5bn in international financing. This decision, embedded in...
