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2010/12/30

Dominican Republic is one of the Best Places for Business

One of the strengths of the Dominican Republic is the quality and coverage of credit information for microfinance operations, according to the Global Microscope Study on the Microfinance Business Environment 2010.


The study was conducted by The Economist Intelligence Unit, with financial support from the Multilateral Investment Fund (MIF) of the IDB Group, the Corporación Andina de Fomento (CAF) and the technical assistance of Netherlands International Finance Corporation (IFC ).
The Index analyzes the different economies with a score of 0 to 100, giving a value greater than the highest score.

Of the 54 economies covered, RD was ranked 20 with a score of 48.7 and a positive variation of 1.7, as the business environment for microfinance.

The country was over Costa Rica, a nation that was ranked 29 and a score of 42.4, as well as Argentina, Brazil and Mexico but off Ecuador, El Salvador, Nicaragua, Bolivia, Chile, Guatemala, Peru and the Philippines.
 
The Dominican Republic moved into number 27 in terms of investment climate and a score of 43.3, for a positive change of 8.3 points since 2009.
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2010/12/17

Barceló Group Invest US$ 250 Millions in Hotels and Resorts


The dominican Barceló Group has invested US $250 million in the first phase of reinvention of resort Barcelo Bavaro Beach Resort &Camp Convention Center, opening the five-star Barceló Bavaro Palace Deluxe, which includes three of the five service structures previous tourism.

Barceló estimated that upon completion of the complex work of restructuring the investment amount will be US $800 million.

Barceló Bavaro Beach Resort & Camp Convention Center features 1.366 rooms, located in facilities designed for different types of visitors, including families with children, adults, and interested in the highest luxury service.

Barceló began its investment in tourism in the area east of the Dominican Republic in 1985, when other investors were afraid to step out in faith. Then he raised his first hotel, started arriving the other proposals for "all inclusive " to the beaches of La Altagracia.

Their executives are confident that the reinvention of the Barceló Bavaro Beach Resort & Camp Convention Center reposition the complex over other local and regional deals.

As an example note that only in the Club House de Luxe Barcelo Bavaro Palace is located in the same geographical distribution of modern and sophisticated facilities nightclub, casino and restaurants, which are in addition to the recreational spaces of each section of the complex.

It was also redesigned the golf course with 18 holes in a work of American architect PB Dye.
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2010/12/06

Lebar Air Will Start Flights to Barahona


Hispaniola Ecotourism Stock present a series of projects to promote ecotourism in the province of Barahona, both internationally, nationally and also the hotels that comply with Environmental Measures, to bring more tourists to this dominican region.

The agency already has contacted the puerto rican airline Lebar Air to start selling flights to Barahona since January 2011.

The president of BEHSA, Eduardo Díaz Franjul said they will work hand in hand with the Dominican Association of Ecotourism and Culture Company, which consists of an ecological hotel, including seminars, contacts, networks of small and medium hotels, in order that ecotourism has the force in the country.

This institution will create business networks that will allow users and other stakeholders in the field of ecotourism, with a comprehensive and practical tool to aid the growth potential of their businesses and visitors to discover the alternative of spreading out establishments and ecotourism environments.

Among the offers to submit to the tourist are a number of packages which include city tours to Santo Domingo, including transport, tours and tour operators, hotels, ecotourism, among others.

BEHSA will also implement the Latin American Reservation Hotel Reservation System, where the hotel will have the advantage of receiving reservations from anywhere in the world through the Internet. (source)

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