Tricom and its competitors are vying to meet consumers’ needs for increasingly sophisticated services.
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Finding Sustainable Growth
After years of fat profits, banks in the Dominican Republic are set for more conservative expansion.
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Looking Longer Term
Corporate financial transparency needs to become a new operating standard.
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Opening a Gateway
A new large-scale port could boost the country’s status as a regional transshipment center.
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Progress, But Not Enough
The lack of long-term financing for local companies severely limits the country’s ability to fund badly needed investment projects.
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Taking the Next Step
The Dominican Republic is preparing for another capital markets offering.
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Time To Upgrade
The Dominican Republic’s tourism industry is trying to move beyond the mass market.
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November 2002
Luiz Inácio Lula da Silva is elected president of Brazil. Markets react nervously. Few are entirely convinced by his promise to honor the public debt and maintain the outgoing government’s pro-market reform policies.
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A Caribbean Competitor
Securing a free trade agreement with the United States and attracting more foreign investment would add a needed edge to the Dominican Republic’s developing economy.
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A High-End Gamble
A $3 billion luxury development will test the country’s ability to upgrade its tourism image.