The country will increase its cruise ports to six, the IDB supports the construction of 1,300 km of roads in the Northwest region, Abinader proposes to address the challenges of food production in Latin America, Collado signs agreements with tour operators in Canada to attract more tourists, a speaker complains: “The Book Fair is a hugely disorganized effort,” the Dominican financial system has the lowest delinquency rate in the region, the Dominican Republic had the highest growth in Fintech startups in the region, the former Haitian prime minister denounces alleged abuses against Haitians in the Dominican Republic, the president of Colombia will meet with Abinader today, Abinader is invited by the WHO to speak at the Assembly for his “leadership” in the fight against Covid
The country will increase the number of cruise ports to six.
With the aim of increasing cruise ship arrivals at Dominican ports, as well as attracting new cruise lines to the Dominican Republic, the Dominican Port Authority (APORDOM) is participating in the Seatrade Cruise Global international trade show taking place in Miami. The Caribbean delegation, headed by APORDOM's executive director, Jean Luis Rodríguez, has held meetings with key players in the cruise industry, with the objective of promoting the government's interest in increasing the number of cruise ship terminals from three to six.
IDB supports construction of 1,300 km of roads in the Northwest region
The president of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, revealed in an interview with Listín Diario that the organization will finance a total of US$240 million for the development of the Northwest of the Dominican Republic, of which US$100 million are earmarked for the port of Manzanillo and US$140 million for the development of highways and rural roads.
Abinader proposes to address the challenges of food production in Latin America
President Luis Abinader and Ibero-American Secretary General Andrés Allamad expressed concern about the challenges facing food production in the region. To mitigate these challenges, the Dominican president proposed several measures at the Summit of Ministers of Agriculture. “This is precisely what we are experiencing globally: a crisis in food systems resulting from the high costs of agricultural production inputs such as fertilizers, energy, and transportation. In addition, there are the prices of basic grains like soybeans and corn, on which the production of animal protein depends, the main sources of which are meat and milk,” the president stated.
Collado signs agreements with tour operators in Canada to attract more tourists
Tourism Minister David Collado visited Toronto, Canada, where he signed agreements with the country's leading tour operators as part of the Ministry's and the Tourism Cabinet's strategy. The agreements were signed with Air Canada Vacations, WestJet Vacations, and Sunwing Travel Group, which together send more than one million Canadian tourists to the Dominican Republic annually.
complaints : "The Book Fair is a hugely disorganized effort"
Despite the rains causing delays in the organization of the 24th Santo Domingo International Book Fair (FILSD), this hasn't stopped many citizens from attending, as they do every year. However, complaints about the event have persisted since its opening last Friday, and these complaints have been echoed throughout the week by writers, exhibitors, and speakers.
The Dominican financial system has the lowest delinquency rate in the region
The Dominican financial system maintains the best credit risk indicators in Central America, according to the Report on Credit in the Dominican Republic, published by the Superintendency of Banks (SB), with data as of the end of December 2021. The report highlights that the delinquency rate stood at 1.29%, showing a downward trend over the past twelve months; while coverage for non-performing private loans reached 332.8%, more than three times the 100% required by current regulations. This means that provisions cover RD$3.3 for every RD$1 loan that is past due or in legal collection, demonstrating more than adequate levels of capacity to absorb expected losses.
Dominican Republic was the country with the highest growth in Fintech startups in the region
The president of the Dominican Association of FinTech Companies Fintech startups in the Latin America and Caribbean region, with an increase of 129%, according to data from the Inter-American Development Bank (IDB). He indicated that companies have experienced accelerated growth throughout Latin America.
Former Haitian Prime Minister denounces alleged abuses against Haitians in the Dominican Republic
Former Haitian interim prime minister Claude Joseph released a video showing Dominican soldiers mistreating a person, who appears to be a Haitian immigrant. Joseph uploaded the video to his Twitter account; it lacks a date and details about when or where it was recorded . The video shows approximately four Dominican soldiers, one wearing a DGM (General Directorate of Migration) cap, struggling with the civilian.
The President of Colombia will meet with Abinader today
President Luis Abinader will receive his Colombian counterpart, Iván Duque Márquez, at the National Palace this Thursday, where they will exchange decorations and sign bilateral cooperation agreements. The South American leader's agenda will extend until Friday afternoon and includes a private meeting with the Dominican president, as well as a luncheon with delegations from both countries. The two leaders will sign agreements, present decorations, and then hold a press conference.
Abinader is invited by the WHO to speak at the Assembly for his "leadership" in the fight against Covid
The World Health Organization (WHO) has invited President Luis Abinader to participate as a speaker at the opening ceremony of the World Health Assembly, which will take place from May 22 to 28. In a letter sent Wednesday to the president's office, WHO Director-General Dr. Tedros Adhanom explained the reasons for extending the invitation to the head of state.
Sources: Diario Libre, El Día, Hoy, Listín Diario
