Generan más RD$6,000 millones solicitudes Expomóvil

La feria automovilística realizada este fin de semana por el Banco de Reservas cerró este domingo con solicitudes de financiamiento superiores a los RD$6,000 millones, equivalentes a más de 5,000 vehículos de diversas marcas y modelos. El administrador general de la institución financiera, Simón Lizardo Mézquita, resaltó que la Expomóvil fue un gran éxito, debido… Continue reading Generan más RD$6,000 millones solicitudes Expomóvil

Former Private Equity Firm Partner Charged Secretly Billing Clients Vacations and Salon

The Securities and Exchange Commission today charged Mohammed Ali Rashid, a former senior partner at Apollo Management L.P., with defrauding his fund clients by secretly billing them for approximately $290,000 in personal expenditures, including his family vacations, visits to a hair salon, and purchases of designer clothing and high-end electronics. The SEC’s complaint alleges that… Continue reading Former Private Equity Firm Partner Charged Secretly Billing Clients Vacations and Salon

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Categorized as Finances

ARTICLE: Asia-Pacific Economies Find their Groove

By Dr Alan Bollard Executive Director of the APEC Secretariat With the dust barely settled after the International Monetary Fund and World Bank raised hopes at their annual meetings in Washington, DC that a long-awaited growth revival is materializing, the global economy received more welcome news from the other side of the world affirming a… Continue reading ARTICLE: Asia-Pacific Economies Find their Groove

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Categorized as Economy

ARTICLE: Trump’s “YUGE” Tax Cut for the Rich

The basic idea behind President Trump’s tax plan is to lower income tax rates while closing loopholes. This makes the tax system fairer because it would remove tax incentives for specific activities, like owning a home or making contributions to retirement accounts. But Trump’s plan represents a net reduction in tax collections. So who is… Continue reading ARTICLE: Trump’s “YUGE” Tax Cut for the Rich

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Categorized as Economy

Adozona revela cifra récord de más de US$5,000 millones en exportaciones en el último año

La Asociación Dominicana de Zonas Francas (Adozona) reveló que República Dominicana alcanzó una cifra récord de exportaciones de Zonas Francas en el último año de $5,495 millones de dólares que represento el 58% de las exportaciones totales del país. El anuncio lo realizó el presidente de Adozona, Federico Domínguez Aristy, en la celebración del tradicional… Continue reading Adozona revela cifra récord de más de US$5,000 millones en exportaciones en el último año

IIC and COFIDES agree to co-finance investment projects regionally

The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, and COFIDES, will actively collaborate to promote investments by Spanish companies in Latin America and the Caribbean. IIC CEO James P. Scriven and COFIDES President Salvador Marin signed a Framework Agreement for Cofinancing during the annual meetings of the International Monetary… Continue reading IIC and COFIDES agree to co-finance investment projects regionally

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Categorized as Investment

Gov. Scott Issues Updates on State Action to Assist Puerto Rico

TALLAHASSEE, Fla. – The Governor of the state of Florida, Rick Scott, provided an update on resources being deployed to Puerto Rico to assist with recovery and response efforts following Hurricane Maria. See below for more information on what the State of Florida is doing to support Puerto Rico:  MILITARY SUPPORT Three senior leaders from the… Continue reading Gov. Scott Issues Updates on State Action to Assist Puerto Rico

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Categorized as Goverment

FELABAN: Latin America’s Largest Financial Conference will reunite Region’s International Banking Leaders

MIAMI, October 2017 – Two thousand international banking executives from 54 countries will gather in Miami for the 51st FELABAN Annual Assembly to discuss key topics related to the international banking industry, including: financial inclusion, climate change-related financial risk, international trade and global markets volatility. Organized by the Florida International Bankers Association (FIBA) and the Federación Latinoamericana de Bancos (FELABAN),… Continue reading FELABAN: Latin America’s Largest Financial Conference will reunite Region’s International Banking Leaders

Global Air Cargo Container (GACC) Market 2017-2021

Containerization refers to a standardized transportation system, that uses an enclosed container made up of materials, such as aluminum, steel, and composites. Air cargo containers are special type of containers, generally made up of aluminum and composite materials. These containers are made in a way that they can withstand transportation and handling of goods during… Continue reading Global Air Cargo Container (GACC) Market 2017-2021

Boeing, Mitsubishi Heavy Industries Reach Agreement on Cost Reduction for 787 Production

SEATTLE, Oct. -Boeing [NYSE: BA] and Mitsubishi Heavy Industries, Ltd. (MHI) today announced an agreement to strengthen collaboration in ways that will enhance both companies’ competitiveness. The agreement includes efforts to reduce costs in MHI production of wings for the 787 Dreamliner and joint studies of advanced aerostructure technologies for future-generation commercial aircraft. MHI manufactures… Continue reading Boeing, Mitsubishi Heavy Industries Reach Agreement on Cost Reduction for 787 Production