18 straight days without a Covid death

Santo Domingo.- For 18 days, the authorities of the Ministry of Public Health have not registered deaths from the Sars-COV-2 virus (COVID-19) in the Dominican Republic.

The last death reported to date was on Wednesday, March 16, when health authorities reported only one death.

The bulletin published by Public Health this Saturday, April 2, indicated that no person died of the disease yesterday. The country reports 4,375 deaths in total and a fatality rate of 0.76%.

Tourism seeks lower fares, regulated Airbnb

Santo Domingo.- Getting the prices of airfares between the countries connected to the Dominican Republic to be reduced is one of the challenges facing the authorities of the Dominican tourism sector, as well as getting to regularize real estate tourism in the nation.

“We understand that these (are the) challenges that we have to overcome to be much more competitive and to reach the numbers that we understand the Dominican Republic must reach annually, which is to the barrier of seven million tourists, as It will happen in the year 2022,” Collado expressed when participating in a press conference where he presented the statistics of the tourism sector as of March 2022.

About type Airbnb

Regarding real estate tourism, Collado said that he understands that it should continue to be promoted, but regularized.

World Bank earmarks US$1.8B for Dominican Republic

Santo Domingo.- The Executive Board of the World Bank Group (WBG) transferred the Country Partnership Framework (MAP) 2022-2026 to the Dominican Republic, which will support the country’s reforms for inclusive and sustainable development through an improvement in the access to quality public services, an increase in well-paying jobs, and greater resilience to climate change.

The new MAP guides WBG support to the Dominican Republic, the entity said in a statement.

“It proposes a work program of approximately US$1.8 billion over five years, to support the Government’s commitment to carry out a package of key reforms of economic transformation, particularly after the Covid-19 pandemic, in close coordination with the strategic objectives and of long-term development of the Dominican Republic.”

The US lowers alert on travel to Dominican Republic

Santo Domingo.- The US Department State lowered this Monday from 3 to 2 the alert level for COVID-19 for its citizens who plan to travel to the Dominican Republic.

The country has low levels of the disease and has had a cumulative of up to 11 days without deaths from the virus.

In its report, posted on its website, the entity noted that there is a “moderate” level of the disease in the Dominican nation.

The level reduction was issued this April 4 by the Centers for Disease Control and Prevention (CDC).

CDC levels range from 1 to 4, with the latter number being the highest risk.

Dominican Republic’s tourism sector has ‘fully recovered’

Santo Domingo.- Despite losing about 59,000 tourists during March due to the war between Russia and Ukraine, the tourism sector in the Dominican Republic has fully recovered, said Tourism Minister David Collado.

“Today, I can say here, with complete certainty, as Minister of Tourism and coordinator of the Tourism Cabinet, that tourism in the Dominican Republic has fully recovered,” Collado said when presenting the 1st quarter results of the sector on Monday.

He said that 617,756 foreigners entered the Dominican Republic during March.

US cancels covid-19 related travel warning for cruises

U.S. federal health officials on Wednesday canceled cruise travel advisories they had issued since the COVID-19 pandemic, leaving vacationers to decide whether or not they feel safe boarding a ship.

Cruise operators welcomed the announcement, issued while many people thought about their summer vacations.

An industry business group said the Centers for Disease Control and Prevention (CDC) decision validates measures ship owners have taken, which include requiring crew members and most passengers are vaccinated against the virus.

The CDC has withdrawn the “cruise travel health advisory” related to COVID-19, first issued in March 2020, due to coronavirus outbreaks on various ships worldwide.

However, the agency expressed reservations about taking cruises.

“While taking cruise travel will always carry some risk of transmission of COVID-19, travelers will make their own risk assessment when choosing to travel on a cruise ship, similar to that they do in all other travel settings,” he said. Dave Daigle, a spokesman for the CDC, in an email.

Daigle noted that the CDC’s decision was based on “the current state of the pandemic and the decline in COVID-19 cases aboard cruise ships in recent weeks.”

COVID-19 cases in the United States have been on the decline since mid-January. However, the decline has slowed in recent weeks. According to figures from Johns Hopkins University, the current seven-day daily moving average of new cases in the country has remained almost unchanged from two weeks ago. States have lifted mask mandates, prompting federal authorities to ease virus-related restrictions.

Outbreaks continue to be reported on cruise ships, which carry out random tests before the end of the tour.

On Sunday, a Princess Cruises ship returning from the Panama Canal had “several” passengers who tested positive for the virus. Princess Cruises said all affected people showed mild or no symptoms, and all crew and passengers had been vaccinated. However, about a dozen passengers tested positive before the same ship docked in San Francisco in January.

Operators are required to notify the CDC of virus cases aboard ships. The agency has a color-coding system to classify vessels based on the percentage of tested positive passengers. The CDC said that system remains in place.

Since the pandemic, Cruise operators have complained that their particular sector was closed and more severely restricted by COVID-19 than others, including airlines.

The Cruise Lines International Association (CLIA) said that the CDC’s decision to withdraw its health warnings “recognizes the effective public measures in place for cruise ships and begins to level the playing field between cruise ships and similar facilities located on land.

Doubts and speculation two days after the raid on the Russian yacht Flying Fox

On the first day of April, the Flying Fox was intervened by the authorities as part of their investigation “into alleged money laundering and arms trafficking,” according to a statement from the MP.

 

Santo Domingo, DR

At noon on Friday, several agents of the Public Ministry, Customs, military forces, and some of the personnel of the United States Office of Homeland Security Investigations (HSI) raided the yacht, Flying Fox.

This vessel, owned by a Russian oligarch, has been anchored in the sans Soucí port since March 21.

On the first day of April, the authorities intervened in the motorboat as part of their investigation “into alleged money laundering and arms trafficking,” according to a statement from the MP.

After several hours of the official search, nothing was known about the findings of this inspection, and even access to the area was restricted to the media.

On Saturday, the authorities continued their inspection work for the second day in a row.

Like the first day, the pass to the press was denied. However, from the outskirts of the port, journalists from Listin Diario were able to corroborate how about five agents representing the Attorney General’s Office arrived at the boat after 8:30 in the morning.

The second investigation was carried out with the authorization 0094 -March-2022 issued by the coordinator of the investigating courts.

After almost four hours of judicial inspection on the luxury yacht, the Dominican authorities were captured, leaving from inside the boat with a Heurisis scanner.

It should be noted that this device is designed to check, by x-ray, the bulkheads, hulls, and holds of ships in search of drugs, money, and hidden holes where the aforementioned can be stored.

However, there was also no statement to the media about what was found during the search.

While the Dominican judicial bodies maintain thick secrecy around the results of their inspection, the speculations of the population on this issue are gaining strength.

The element that has aroused the most suspicion about the raid is the role played by the United States in the process.

According to the note released by the MP, the North American nation “has opened an investigation against several targets dedicated to money laundering on an international scale.”

Therefore, the order authorizing the Dominican persecuting body to search for the yacht is under formal legal cooperation with the United States of America, by the international agreements on the fight against crime and crime signed by the Dominican Republic.

The United States leads the arrival of tourists in March with 57%

Nation plays a strategic and vital role for the DR.

 

The Minister of Tourism, David Collado, reported that 57% of the tourists who arrived in the country in March are from the United States. The US plays a strategic and vital role in recovering Dominican tourism at a time key to economic recovery.

“The United States is the number one country in issuing tourists and the third country with the highest investment and growth. In March alone, 57% of the tourists who came to the country are from the United States,” she stressed.

He explained that in 2021, 134 thousand passengers traveled to the Dominican Republic due to promotional actions by the Ministry of Tourism, with a total investment of 775 thousand dollars, equivalent to a cost of 5.8 dollars per tourist.

The minister also highlighted the economic impact of the visits. Each tourist represents more than 100 dollars in direct and indirect taxes and more than 1,000 dollars in added value.

In conclusion, after the passage of the pandemic, Collado pointed out that the Dominican Republic is “the number 1 country in tourism recovery.”

On his side, in his welcoming remarks, the president of AmchamDR, Roberto Herrera, shared with Minister Collado the positive outlook in the context of recovery after the pandemic and highlighted the importance of tourism as one of the main economic sectors for the Republic. Dominican, about what he pointed out: “All Dominicans must defend tourism.”

He highlighted the relevance of the US market as part of the success of the recovery and as one of the primary sources of tourists to the country because 80% of the tourism that arrived in the country during the pandemic was from the United States.

He also applauded the efforts being made by the State to make traveling to the Dominican Republic more viable and economical, among which is the development of more tourist rooms.

“Thanks to the joint work carried out by the government and private companies, the conditions were created to build the necessary confidence that American tourists needed to come to the country,” said Herrera.

Booking: skyrocketing demand despite record travel prices

Booking Holdings CEO Glenn Fogel said that despite record-high travel prices and demand soaring for spring and summer. In the same way, he considers that the trips will continue to rise due to the cost of fuel due to the war between Russia and Ukraine.

“When you have two years of people not traveling the way they want to travel and you have a lot of savings accumulated in that period of time, prices can be really high and people are like, ‘I don’t care. I just want to travel. I want to go somewhere,” Fogel said in an interview with CNBC on “Closing Bell.”

And he recommended that “if you’re planning to take a summer trip, prices are going up right now. I don’t think it’s going to change at all,” Fogel warned. However, premium travelers who prefer international travel are used to prices and the fact that it is the segment that has not fully recovered. For airlines, it is one of the most important niches.

“Asia is not coming back as fast as, say, Western Europe, which is something we’ve seen for quite some time. There is also, of course, the tragedy of the war in Ukraine, which has definitely impacted the countries of the East, Europe a little bit,” said Fogel.

As reported by REPORTUR.us, Booking receives a heavy blow “for unacceptable behavior,” as the European Union will curb the abuses of large platforms through an agreement approved between legislators with the new “Digital Markets Law.” (Booking gets hit hard for “unacceptable behavior.”)

This new rule will end parity clauses, which do not allow hotels to offer lower prices within their direct channels and provide more transparency for OTA published listings.

Central Bank brings peace of mind in the midst of external shocks

Amid so many contradictions and fuss about probable upheavals in the economy, the Central Bank has just struck a note of calm and caution, saying that the economy is in an excellent position to mitigate the adverse shocks of rising oil prices and the war Russia-Ukraine.

In its latest report, which analyzes the state of the national, world, and Latin American economies, the BCRD provides for an increase in its monetary policy interest rate by 50 basis points, going from 5% to 5.50% per year.

The Bank says that concerning the interest rate broker, the permanent facility rate for liquidity expansion (1-day repos) increases from 5.50% to 6% per year, and the interest-bearing deposit rate (Overnight) from 4.50% to 5.00% annual.

“This decision is based on an exhaustive evaluation of the behavior of the world economy, the greater persistence of inflationary pressures, and the increase in international uncertainty derived from the recent geopolitical conflicts,” affirms the BCRD.

He cites the more permanent than expected external shocks and the notable increase in oil prices, and the high costs of international container transport as factors that affect price dynamics.

“The BCRD forecasting system indicates that, in an active monetary policy scenario, inflation would gradually converge to the target range of 4% plus or minus 1% over the monetary policy horizon, but at a slower pace than expected.”

It adds that in addition to the monetary normalization policies, the fiscal measures being implemented to mitigate the increase in the prices of raw materials and the stability observed in the foreign exchange market are elements that would facilitate the convergence of inflation to the target.

The BCRD recalls that in the scenario mentioned above, it continues to implement measures to counteract external shocks on prices and contribute to the convergence of inflation to the target range in a context of high economic dynamism.

The Bank’s report speaks of the uncertainty that has been created in the international environment due to Russia’s invasion of Ukraine, in which context “the forecasts of Consensus Forecasts for world growth during this year continue to be revised downwards , until placing it at 3.8%”.

In the United States, our leading trading partner, growth prospects for this year have moderated, projecting an expansion of 3.3% according to the Consensus and 2.8% according to the Federal Reserve, says the BCRD. In addition, European reports say that inflation in Russia is running at 14%.

Domestic environment
The Central Bank notes that the recovery process of aggregate demand has taken hold in the domestic environment, resulting in real Gross Domestic Product (GDP) growth during 2021 of 12.3%, equivalent to an expansion of 4.7 % compared to 2019, before the pandemic.

“The good performance of the Dominican economy has been maintained during this year, registering an expansion of the Monthly Index of Economic Activity (IMAE) of 6.3% in January and 5.8% in February, for an accumulated growth of 6.0% during the first two months of 2022,” says the report.

He says that growth prospects have become more conservative due to the high uncertainty prevailing in the international environment and anticipates that the various rates of the IMAE for the coming months could be more moderate than those registered at the beginning of this year.

He argues that this is due to the statistical effect of the basis of comparison, particularly in the months of March, April, and May, which were the ones with the highest growth in the past year of the order of 10.6%, 47.1%, and 21.2%, respectively.

The BCRD points out that its forecast models indicate that growth for this year would be around 5.%, close to its potential, as contemplated in the most recent revision of the Monetary Program.

The dynamism of credit to the private sector in national currency is cited as it expanded above 12% in March; In terms of fiscal policy, “higher collections stand out in relation to what was estimated, which have provided the necessary space for the reactivation of capital spending and to apply measures aimed at mitigating the impact of higher international prices of raw materials on national production and households, especially the most vulnerable.”

Noting that the Dominican economy is in a position to mitigate adverse shocks, the BCRD ensures that international reserves remain at historically high levels, around US$14.4 billion, equivalent to 14% of GDP and 7.1 months of imports, exceeding the metrics recommended by the International Monetary Fund (IMF).

The zero-rate issue
Despite the optimistic forecasts made by the BCRD in its report, the week’s controversy focused on the approval in the Chamber of Deputies of a bill that levies a zero-rate tariff on various products of the basic family basket.

The zero rates come from the offer made by President Abinader in a recent speech that would reduce the prices of necessities by applying a zero rate to a series of primary lines, mostly imported.

This has been opposed by the opposition caucus in the Chamber and some business and industrial sectors who claim that before the bill is approved, the role of the countryside, industry, agribusiness, economic recovery, and the guarantee of supply in the crisis.

President Abinader authorized INESPRE to facilitate the purchase of essential products for the population every Thursday for RD$999 in supermarkets. Abinader also decided to issue a card called Supérate, which you can buy in retail stores for up to RD$1,500.

The government has gone ahead with its plan even though some people committed millions in fraud to the detriment of the public and the Social Subsidies Administrator (ADESS) in court cases.

Top official touts US pre-check on Dominican soil

Santo Domingo.- The agreement between the United States and the Dominican Republic on air pre-checking for travelers leaving the Caribbean country will benefit tourism and the security of both nations.

According to the Minister of Tourism, David Collado, the pre-check is of national interest and “this would be a resounding and forceful boost to Tourism in the Dominican Republic. We believe in and support the pre-clearance (pre-check).”

Collado emphasized that tourism in the Dominican Republic needs this approval as soon as possible.

The head of Tourism spoke in the monthly meeting of the American Chamber of Commerce of the Dominican Republic (Amchamdr), where he highlighted the recovery of the sector and assured that the statistics they have for April “are amazing.”

Dominican Republic Central Bank lending rate now 5.50%

Santo Domingo.- The Central Bank of the Dominican Republic (BCRD) on Thursday said it decided to increase its lending rate 50 basis points, from 5.00% to 5.50% per year.

With this decision, which was made at its monetary policy meeting this March, the BCRD has increased its monetary policy rate by 250 basis points from November 2021, in line with the cycle of increases in interest rates to international level, the entity said.

While the rate of the permanent facility for liquidity expansion (Reposes one day) increased from 5.50% to 6.00% per year and the interest-bearing overnight deposit rate) from 4.50% to 5.00%.

“This decision is based on an exhaustive evaluation of the behavior of the world economy, the greater persistence of inflationary pressures and the increase in international uncertainty derived from recent geopolitical conflicts.”

Abinader starts construction of the Monorail in Santiago

President Luis Abinader assured that the Santiago Monorail was the first in Central America and the Caribbean.

Santo Domingo, DR
President Luis Abinader, on a historic date for Santiago, started yesterday the construction of the monorail in that city, a work promised in several of his speeches.

The new means of transportation will have a capacity to mobilize 40,000 passengers per hour (20,000 in each direction).

Speaking at the groundbreaking ceremony for the project, Abinader explained that this high-tech rail system would have a direct impact on nearly 500,000 people, reducing transportation costs by 30%, reducing congestion and increasing productivity with less environmental impact.

The monorail will be able to move 20,000 passengers per direction every hour.

“We have set out to revolutionize cities and impact people’s daily lives with real actions that everyone can enjoy,” said the Head of State.

At the same time, he specified that the objective is to establish a high quality public transportation service, available and interconnected with the integrated transportation system of Santiago, to reduce travel time, the cost of transportation and increase the accessibility and quality of life of users.

The Santiago Monorail is the first in Central America and the Caribbean and will be managed through the Office for the Development of Urban and Interurban Mobility Projects.

“Here and now, we begin to fulfill the dream of having a monorail in the city of Santiago,” proclaimed the head of state, describing this project as demand for years of the people of Santiago and a commitment of his administration.

“The Santiago Monorail will solve problems and generate new opportunities, together with Line 1 of the Cable Car, integrating the most populated sectors and the main workplaces of the city”, he emphasized.

March 30 Battle Parade
Before the military and student parade, the President attended the honors to the heroes of the Battle of March 30.

The events began in the early morning hours with the National Flag raising the interpretation of the National Anthem and a tedeum officiated by the Metropolitan Archbishop of Santiago, Monsignor Freddy Bretón, in the Santiago Apostle Church.

The President, after leaving the religious temple, went immediately to the intersection of Hermanas Mirabal and Prolongación Presidente Antonio Guzmán avenues, where at 10:00 a.m., the ceremony began with the words of the provincial governor, Rosa Santos, and the President of the Permanent Commission of National Anniversaries, Juan Pablo Uribe. They agreed that the deed marked independence and national sovereignty thanks to these heroes and heroines.

After leaving the cathedral, the President led the civic-military parade on the 178th anniversary of the Battle of March 30, which took place on Las Carreras Avenue.

The President was received with a presidential salute, five flourishes, a 21 gun salute, and the interpretation of the National Anthem, honors typical of his investiture, with the participation of military troops of the Air Force, the Army the Navy in the civic and military parade.

Parade
While four super Tucano airplanes flew over the area where the military and at least 1,550 students from different public and private schools paraded.

Governor
Rosa Santos highlighted the courage, determination and patriotic unity of the Dominican troops in the face of the Haitian invader on March 30, 1844 to consolidate independence and to have a free, sovereign and independent Republic.

Events
Juan Pablo Uribe highlighted the work of the military, not only during the patriotic deed of March 30, but also at present, playing a transcendental role in preventing the COVID-19 pandemic in the country.

US Embassy delegation visits Santiago cultural center

Santiago.- Una delegación de la Embajada de los Estados Unidos, encabezada por Timothy Brown, consejero interino para asuntos públicos, visitó las instalaciones del Centro León para observar los avances del proyecto ganador del Ambassadors Fund for Cultural Preservation.

La iniciativa está enfocada a realizar intercambios e investigaciones colaborativas en la gestión de colecciones.

Luis Felipe Rodríguez, subgerente de Programas Culturales del Centro León, recibió a la delegación y los acompañó en un recorrido por el depósito de bienes culturales, donde especialistas y técnicos explicaron el proceso de selección de piezas y digitalización, investigación colaborativa y capacitación basada en el intercambio en colecciones. administración.

Rodríguez recibió al asesor interno de la embajada junto a María Luisa Asilis de Matos, gerente ejecutiva de Sustentabilidad; Mario Núñez, gerente de Extensión y Comunicaciones y María Belissa Ramírez de Zaiek, asesora del proyecto.

Santiago Monorail will have the capacity to transport 20,000 passengers per hour

The monorail will directly impact more than 500,000 people, reducing transportation costs by 30%, reducing congestion, increasing productivity, and reducing environmental impact.

Santo Domingo, DR
The monorail to be built in the city of Santiago will have the capacity to transport 20,000 passengers per hour and at least 200,000 per day, thus reducing transportation costs by 30 percent.

This was detailed by the President of the Republic, Luis Abinader, when he led the first kick-off of this project, directly impacting the province’s transportation.

He also pointed out that the monorail will directly impact more than 500,000 people, reducing transportation costs by 30%, reducing congestion, increasing productivity, and reducing the environmental impact.

He said that the primary purpose of this work is to guarantee the well-being and mobility of the area’s citizens.

“The objective of this powerful investment we are making today is to establish a high quality and available public transportation service, interconnected with the Santiago Integrated Transportation System, reducing travel time and transportation cost by increasing accessibility and quality of life for users,” he said during his address.

He also emphasized that the Santiago Monorail, together with Line 1 of the Cable Car, integrates the most populated sectors and the central workplaces of the city.

He said that his government has “proposed to revolutionize the cities and impact the daily life of the people.”

The monorail is expected to be ready by the end of 2024, the President said during an interview on Hoy Mismo in January.

“The important thing is that someone is going to inaugurate it,” said Luis Abinader.

Agency announces Portugal flights

Santo Domingo.- The Civil Aviation Board (JAC) approved this Tuesday a request for a special permit in favor of the air operator Orbest and an amendment to the operating permit of the airline Spirit, which expands their operations to transport more passengers to Dominican soil. This was announced at the conclusion of the plenary meeting by the president of the organization, José Marte Piantini.

In the sixth ordinary meeting of this year, the members of the JAC plenary approved that from July 19 to September 20 of this year, on Tuesdays, the airline of Portuguese origin Orbest will be authorized to fly, with services of passengers, cargo and mail on the Porto, Portugal/Punta Cana/Oporto, Portugal route.

“These new air operations represent the expansion of more services for the country’s air transport users,” said Marte Piantini, according to the statement issued by the JAC.

The president of the JAC also communicated that the Porto, Portugal/Punta Cana/Oporto, Portugal route requested by Orbest is completely new, since it is not currently being operated under any modality, since they are not contained in any Operation Permit or Certificate of Economic Authorization of any other airline.

Paola Rainieri presents the award to the winner Micki Lodder

For the first time, an all-female team won the coveted award.

 

120 amateur players and 80 professional players participated in the traditional Pro-Am tournament, a competition between professional and amateur athletes, held within the framework of the fifth edition of the Corales Puntacana Championship PGA Tour Event, prior to the professional event to be held on the golf course. Golf Corales de Puntacana Resort & Club .

For the first time, a team made up of only women Micky Lodder, Cindy Grinder and Anne Purcell won the coveted award presented by Paola Rainieri, Chief Marketing Officer of the Puntacana Group.

Also Francesca Rainieri, Chief Financial Officer; and Hiram Silfa, director of Golf Courses, also led the award ceremony and delivery of raffles.

The first prize was received by the team led by the professional duo of Brandon Hagy and Peter Uihlein, the second place was won by the team led by professional golfers Camilo Villegas and Tyler Duncan together with the amateur trio made up of Víctor BenítezFernando Villanueva and José M. Nick _

Meanwhile, third place was awarded to the team of professional golfer Patrick Rogers, who accompanied the trio made up of Bob Kheel, Adam Kheel, and David Kheel.

The competition had 40 teams, each made up of three amateur players and, in some teams, accompanied by one or two professional players, who had the first start at 6:45 in the morning and the second group left at 11:45. in the morning.

Meeting held for strengthening the gastronomy of the Dominican Republic

The president of the Sabores Dominicanos Foundation, Bolívar Troncoso Morales, advocated for human resources training in the country’s gastronomic sector, given the lack of qualified people and professional technicians.

He made this known at the head of a meeting between executives of the FSD and representatives of the member universities of the Dominican chapter of the Pan-American Confederation of Schools of Hotel Management, Gastronomy, and Tourism, Conpeht.

Next April, this meeting was held to socialize the program and establish responsibilities during the 8th edition of the Dominican Gastronomic Forum, an annual event organized by the FSD.

The general coordinator of the FSD, Luis Marino López, reiterated the need to train human resources in the gastronomic area, considering that the tourism and hotel sector could collapse if these measures are not taken.

“To talk about gastronomy is about a necessity of life that later becomes a business system. The sector’s training must be strengthened and disseminated at the highest level. For this process to continue, the response capacities must be adapted to the new times and the demand for services,” he pointed out.

Juan Febles, the commercial coordinator of the FSD and president of the Dominican School of Food and Beverage A&B Masters, said that the forum had become a necessity for the participation of emerging young people who will be integrated into the productive life of the gastronomic sector and any mark that is left in their minds will be of great importance.

Enrique Pacheco, from Apec University, said that the meeting was the threshold of what is needed for the immediate future. He said that in addition to degree courses, society needs short-term professional technicians who can enter the labor market as professionals with the support of diplomas and courses.

Meanwhile, for Gloria Valdez, from Unibe University, the forum is a space for discussion that sets the tone “of what is coming in the future; I support this initiative because it leads us to reflection, to forward thinking and to look to the future, all together.”

The meeting was also attended by directors and representatives of the Schools of Hotel Management, Gastronomy, and Tourism of the UASD, PUCMM, O&M, UNPHU, UCE, UCADE, UCSD, and UAPA.

Ukraine-Russia clash boosts Dominican nickel

Santo Domingo.- The conflict between Ukraine and Russia has impacted the prices of raw materials such as corn, wheat and oil, among others, in international markets.

But in the midst of this panorama, it has favored the price of nickel, which translates into profits for producing countries such as the Dominican Republic.

More than a year ago, the price of nickel was around four dollars a pound and before the war it was as high as 11.50 dollars.

According to official data, Russia supplies about 10% of nickel worldwide. The metal is used to make nickel-cadmium batteries for electric vehicles, among others. Yesterday, the price of nickel closed at 37,234 dollars per ton.

The most important week of the year: the PGA Tour arrives in the country

Santo Domingo

Hello, Golf fever!

A historic week for the Dominican Republic with the arrival of the PGA Tour to our soil and the celebration of the fifth edition of the Corales Puntacana Championship. Another challenge faced by the Puntacana Group puts the country on the world golf map at the professional level and that we know will bring an unparalleled tourism promotion.

Every year the event gains stature, and the team led by the marketing director of the Puntacana Group, Manuel Sajour, under the watchful eye of Frank Elías Rainieri, President and CEO of the Puntacana Group, once again has the hard work of carrying out another successful championship for the glory and pride of all Dominicans who know the importance of an event of this magnitude.

The talents of hundreds of employees and volunteers come together so that the event continues to tread the path of success and continues its contribution to tourism in the country. Last Tuesday was the press conference in which the details of the tournament were announced, with the presence of Frank Elías Rainieri, the defending champion, Joel Dahmen, and John Norris, Senior VP of Business Affairs of the PGA TOUR Tournaments, as well as Don Frank Rainieri, who recently delegated the functions of president of the group to his son Frank Elías, and who was there for the first time as an audience.

The event will be broadcast live on Golf Channel on Thursday, March 24 and Friday, March 25 from 10:30 am – 1:30 pm, and on Saturday, March 26 and Sunday, March 27 from 2:00 pm – 5:00 pm CDN Deportes will be broadcasting live from the Corales golf course, capturing incidents from the event and, on Sunday, March 27, will be posting the award ceremony live at 5:00 pm Starting today, the curtains will be drawn of the CPC, and on Sunday a new champion will be crowned, who will be applauded by the thousands of fans who are expected to be present at Corales.

Up and Down.

* Dominicans in action: Hiram Silfa, Willy Pumarol, Juan José Guerra, and Manuel Relancio carry the flag for the country on the fourteenth round of the regular PGA Tour schedule. * Sound names. Joel Dahmen (Defending Champion), Graeme McDowell, Bryce Garnett, and Hudson Swafford (Past Champions), along with Bill Haas, John Huh, Dominic Bozzelli, Stephan Jaeger, Bo Van Pelt, DJ Trajan, Danny Willett, Martin Kaymer, Sean O’Hair, Ricky Barnes, Mike Weir, and Aaron Baddeley stand out in the field.