A price war is ongoing between several airlines for the primacy of the San Juan – Santo Domingo flight itinerary. Signaling the willingness to stay in the fight and offer customers something more than the competition, SkyHigh Dominicana recently announced no charge for two suitcases of 70 pounds apiece on flights until the 15th of November 2024, on top of the usual free carry-on. Passengers flying...Read More
No es muy complicado entender y aplicar el concepto de planificación financiera en nuestro proceso de fortalecer nuestras finanzas personales y prepararnos para el retiro. Lamentablemente, el concepto parece intimidar a muchas personas y por ende una gran cantidad de ciudadanos no adoptan una planificación financiera, lo que tiene consecuencias económicas a largo plazo.Los expertos en finanzas y economistas, hemos planteado que el futuro económico...Read More
Las quiebras en Puerto Rico siguen en aumento, con un crecimiento notable en octubre de 2024. Esta tendencia al alza refleja la presión económica que enfrentan tanto las empresas como los individuos en la isla.En octubre de 2024, el número de quiebras ascendió de 489 en septiembre a 570, lo que representa un incremento mensual del 16.6%.El promedio mensual de quiebras en lo que va...Read More
Inflation in the D.R. has been below the 4.0% target since December 2023 and seems to have stabilized around 3.35% during 2024, standing 3.29% in September. Similarly, the US inflation also seems to have steadied its downward trend from a high of 9.1% in June 2022 to 2.4% in October, slowly approaching its target rate. The Dominican inflation target remains set at 4.0%, plus or minus...Read More
At the monetary policy committee meeting for end-October 2024 the Central Bank of the Dominican Republic (BCRD) decided to lower the monetary policy rate from 6.50% to 6.25%. This follows the 50-basis point reduction in the federal funds rate by the US Federal Reserve, the first rate cut in four years, or since the pandemic, and maintains the traditional spread of a few full percentage...Read More
