Category: Business

The Dominican Republic’s mining sector recorded robust growth during the first months of 2026, reinforcing its position as one of the country’s strongest-performing industries. According to a new report from the Dominican Republic Mining and Petroleum Chamber (CAMIPE), mining and quarrying activity expanded by 9.7% between January and May compared with the same period last…

A fire may last only a few hours, but its financial consequences can affect a hotel for months or even years. For hotels, where every unavailable room represents lost revenue, specialized insurance has become an essential tool for protecting investments and ensuring business continuity after a major incident. This protection is particularly significant in the…

The Association of Hotels and Tourism of the Dominican Republic (Asonahores) has expressed concern over the Senate’s approval of amendments to the country’s General Law on Integrated Solid Waste Management and Co-processing, saying the proposal requires a more comprehensive technical review and broader consultation with the productive sectors. The organization argues that the new financial…

The Ministry of Industry, Commerce and MSMEs (MICM) and the Ministry of Women have launched the Women Who Lead initiative as part of a joint effort to strengthen women’s participation in the Dominican Republic’s productive sectors. The announcement was made alongside the presentation of scholarships for the Executive Program in Female Leadership and the signing…

The Dominican Republic achieved its highest levels of agricultural and livestock production in the past 25 years during 2025, according to official statistics released by the Ministry of Agriculture. Authorities attributed the results to sustained sector growth, modernization efforts and investments that have strengthened the country’s farming industry. Data compiled by the ministry’s Department of…

PROMIPYME, the Dominican Republic’s government-backed financing institution for micro, small and medium-sized enterprises (MSMEs), reported record financial and operational performance between 2024 and June 2026, driven by sustained loan growth, improved credit recovery and greater operational efficiency. The results were presented during the institution’s Second Ordinary Meeting of its Board of Directors on July 10,…

The Cooperativa de Ahorros, Créditos y Servicios Múltiples de los Empleados del Ministerio de Medio Ambiente y Recursos Naturales (COOPSEMARENA) held its Eighth Ordinary General Assembly, where members reviewed the cooperative’s financial and institutional performance for the 2024-2025 period, approved management reports, elected new board members, and discussed initiatives aimed at strengthening the organization. The…

The Dominican Republic has launched a new research initiative with the University of Texas at Austin to evaluate the hydrocarbon potential of the country’s onshore and offshore sedimentary basins, a project aimed at expanding geological knowledge and supporting future energy exploration and investment. The study, titled “Regional Assessment of Energy Potential in Onshore and Offshore…

More than 12,000 participants are expected to attend this week’s AI for Good Summit in Geneva, where global leaders are exploring how artificial intelligence can be developed responsibly while ensuring its benefits reach countries and communities worldwide. The event, organized by the International Telecommunication Union (ITU), has become one of the world’s leading forums dedicated…

Refinería Dominicana de Petróleo (REFIDOMSA) has successfully completed a scheduled maintenance and regeneration shutdown of its U-200 and U-300 processing units, a project designed to improve fuel quality, strengthen equipment reliability, and ensure the continued efficiency of the country’s only oil refinery. The maintenance program ran from June 20 to July 2, 2026, during which…

The Dominican Republic recorded its highest-ever export value for the first half of a year, reaching US$7.8978 billion between January and June 2026. The result represents a 14.8% year-over-year increase, equivalent to an additional US$1.018 billion compared with the same period in 2025. According to ProDominicana, the country’s export and investment promotion agency, the figures…

Major associations representing the Dominican Republic’s housing construction sector have expressed concern over amendments to Law No. 225-20 on the Comprehensive Management and Co-processing of Solid Waste, warning that the proposed changes could have significant financial consequences for residential development. The organizations also criticized the Senate’s approval of the bill under an expedited legislative procedure,…