A report by the International Finance Corporation (IFC) and the World Bank reveals that the Dominican Republic is among the six Latin American economies that since 2005 have significantly improved their local business environment. The report, Doing Business 2013, says that the Dominican Republic is ranked 45th among 50 world economies that since 2005 have improved their regulations regarding commercial [...]

The tourism sector (hotels, real estate and other industry-related sectors) accounted for 21.8% of direct foreign investment to the Dominican Republic in the last six years. The Export and Investment Center of the Dominican Republic reported that during the 2006-2011 the country received more than US$12 billion in foreign investment, of which US$2.6 billion went into the tourism industry, as [...]

The dynamic Dominican tourism industry generated some US$164 million during 2010, according to a report issued by the Center for Exports and Investment of the Dominican Republic. During 2000 to 2010 direct foreign investment in this sector peaked at US$2.3 billion, thus becoming the second most important foreign exchange earner of the Dominican economy. At the same time the real [...]