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Economy · Dominican RepublicA cultural affinity with the United States and a year-round tropical climate have made the Dominican Republic an attractive destination for tourists from the north. But the number of visitors has trended downward and the new remittance tax in President Donald Trump’s “Big, Beautiful Bill” Act have highlighted the need for the island nation to accelerate its long march diversifying the economy.
“The Dominican economy has been diversifying since …See the Story
Dominican Republic: The Caribbean’s Economic Diamond In The Rough
Finance · QingdaoGlobal Finance: Can your business in China remain viable with 30% US tariffs?
Jacob Rothman: I think now that there are some issues that are driving this, and they are challenging. A main issue is: Can I trust that figure? Our customers are looking at this and because retail product cycles work in the way that they do we’re quoting or have quoted to our customers for the next season.
GF: So that strengthens the strategy to look beyond manufact…Read Article
Velong Chief Jacob Rothman Calculates Cost Of New Trade Environment
Dominican Republic · Dominican RepublicAlong with Jamaica and Puerto Rico, the Association of Fintech Companies (Adofintech) has spotlighted the Dominican Republic as a fintech leader in Central America and the Caribbean. The Inter-American Development Bank (IDB) reports that the number of companies the island nation hosts in the field grew from six in 2018 to 65 in 2024. This places the country eighth in Latin America for its fintech economy and the leader in Central America and the…Read Article
