Dominican

Culp Announces Broad Restructuring Plan Primarily Focused on Mattress Fabrics Segment, Also Updates Financial Outlook for the Fourth Quarter of Fiscal 2024

Retrieved on: 
Mercredi, mai 1, 2024
Other Manufacturing, Manufacturing, Textiles, Sale, Dominican, Weakness, Environment, Tax, Loss, Growth

The implementation of these restructuring actions will begin immediately and is expected to be mostly completed by the end of the calendar year.

Key Points: 
  • The implementation of these restructuring actions will begin immediately and is expected to be mostly completed by the end of the calendar year.
  • In addition, the company is updating its previously stated financial outlook for the fourth quarter of fiscal 2024.
  • Additionally, the company expects to end the fiscal year with approximately $10.0 million in cash and cash equivalents and no outstanding borrowings.
  • The financial results for the fourth quarter and full fiscal 2024 year will be released on or about June 26, 2024.

NY Court Ruling Opens Path For Forbes to Resume Control Of The Local Editions in Mexico, Colombia, Peru, Chile, Central America and the Dominican Republic

Retrieved on: 
Mardi, avril 30, 2024
Media, Communications, Publishing, Dominican, MBG, Exercise, District court, Knowledge

In an attempt to continue operating the licensee business after the expiration of the license agreement, MBG obtained an injunction in Mexico City without the knowledge or involvement of Forbes.

Key Points: 
  • In an attempt to continue operating the licensee business after the expiration of the license agreement, MBG obtained an injunction in Mexico City without the knowledge or involvement of Forbes.
  • This measure was considered vexatious by Clarke.
  • Being improper, the Judge ordered MBG to withdraw the measure in Mexico.
  • "We are pleased with the decision of the Honorable Jessica Clarke in favor of Forbes.

GeBBS Healthcare Solutions Acquires CCD Health

Retrieved on: 
Vendredi, avril 26, 2024
Dominican, Revenue cycle management, Health, CCD, Health care, Partnership, RCM, Family, Acquisition, HEALTH, Health insurance

LOS ANGELES, April 26, 2024 /PRNewswire-PRWeb/ -- GeBBS Healthcare Solutions, Inc.(ChrysCapital portfolio company) a leading provider of technology enabled Revenue Cycle Management (RCM) & Risk Adjustment Solutions for Healthcare Providers and Payers, announced the acquisition of CCD Health, a Dominican Republic  based provider of  Patient Experience Services.

Key Points: 
  • LOS ANGELES, April 26, 2024 /PRNewswire-PRWeb/ -- GeBBS Healthcare Solutions, Inc.(ChrysCapital portfolio company) a leading provider of technology enabled Revenue Cycle Management (RCM) & Risk Adjustment Solutions for Healthcare Providers and Payers, announced the acquisition of CCD Health, a Dominican Republic based provider of  Patient Experience Services.
  • CCD Health clients will benefit from GeBBS' end-to-end revenue cycle management services, workflow/automation tools and large geographic footprint.
  • "We're excited to announce our partnership with CCD Health, marking a significant stride in bolstering our patient contact services," stated Milind Godbole, CEO and Managing Director of GeBBS Healthcare Solutions.
  • "We are proud to announce that CCD Health will join forces and integrate into the renowned GeBBS organization.

The Ministry of Tourism of the Dominican Republic Held Tourism Tradeshow in Miami for Partners Across the Americas

Retrieved on: 
Vendredi, avril 5, 2024
Wedding, Road show, Banco Popular Dominicano, JetBlue, Culture, Northstar Travel Group, Dominican, Travel, Air Canada, Travel + Leisure, Ministry, Tourism

MIAMI, April 5, 2024 /PRNewswire/ -- The Ministry of Tourism of the Dominican Republic made its triumphant return to Miami, FL this week with its DR Tourism Tradeshow. The event, which took place on April 3 at the JW Marriott Marquis, showcased the undeniable charm of the Dominican Republic and its adventure offerings, further establishing its position as a premier tourist destination.

Key Points: 
  • MIAMI, April 5, 2024 /PRNewswire/ -- The Ministry of Tourism of the Dominican Republic made its triumphant return to Miami, FL this week with its DR Tourism Tradeshow.
  • The American market represents 85 out of every 100 airline arrivals to the Dominican Republic and has been instrumental in post-pandemic growth.
  • In its second edition, the Dominican Republic Tradeshow, organized by the Ministry of Tourism, served as a platform to promote tourism, conduct business, and elevate the country's profile among industry leaders and a diverse audience of travelers.
  • For more information about Tourism in the Dominican Republic, visit https://www.godominicanrepublic.com/ .

Latin America Emerges as Hotspot for Data Center Development, the Latin America Data Center Construction Market to Hit $2.32 Billion by 2029 - Arizton

Retrieved on: 
Mercredi, avril 3, 2024
Microsoft, Consumer, Growth, Dominican, Internet of things, Digitalization, Social media, IBM, AWS, City, Investment, 451 Group, Compound annual growth rate, Tier, Huawei, Report, Equinix, Retail

In May 2023, Scala Data Centers opened the SGRUTB05 data center in the Tamboré campus in Barueri City, São Paulo, Brazil.

Key Points: 
  • In May 2023, Scala Data Centers opened the SGRUTB05 data center in the Tamboré campus in Barueri City, São Paulo, Brazil.
  • The Latin America Data Center Construction Market Report Encompasses Crucial Data, including:
    CAGR (Compound Annual Growth Rate) during the forecast period: This metric provides insights into the annual growth rate of the Latin America data center construction market over the specified time frame.
  • Precise estimation of market size: Accurate assessments of the Latin America data center construction market size and its contribution, focusing on key market segments.
  • Geographical market growth: The report covers the development of the Latin America data center construction market.

Latin America Emerges as Hotspot for Data Center Development, the Latin America Data Center Construction Market to Hit $2.32 Billion by 2029 - Arizton

Retrieved on: 
Mercredi, avril 3, 2024
Microsoft, Consumer, Growth, Dominican, Internet of things, Digitalization, Social media, IBM, AWS, City, Investment, 451 Group, Compound annual growth rate, Tier, Huawei, Report, Equinix, Retail

In May 2023, Scala Data Centers opened the SGRUTB05 data center in the Tamboré campus in Barueri City, São Paulo, Brazil.

Key Points: 
  • In May 2023, Scala Data Centers opened the SGRUTB05 data center in the Tamboré campus in Barueri City, São Paulo, Brazil.
  • The Latin America Data Center Construction Market Report Encompasses Crucial Data, including:
    CAGR (Compound Annual Growth Rate) during the forecast period: This metric provides insights into the annual growth rate of the Latin America data center construction market over the specified time frame.
  • Precise estimation of market size: Accurate assessments of the Latin America data center construction market size and its contribution, focusing on key market segments.
  • Geographical market growth: The report covers the development of the Latin America data center construction market.

Ministry of Tourism of the Dominican Republic Comes Back to Miami with Its Second Edition Tradeshow

Retrieved on: 
Vendredi, mars 29, 2024
Dominican, Tourism, Element, Ministry, Trade fair, Country

MIAMI, March 29, 2024 /PRNewswire/ -- The Ministry of Tourism of the Dominican Republic has announced the return of its D.R. Tourism Tradeshow in Miami, FL. Scheduled for April 3 at the JW Marriott Marquis, the Tradeshow is set to showcase the Dominican Republic's undeniable allure and adventurous offerings, further establishing its position as a premier tourist destination.

Key Points: 
  • Now in its second year and hosted by Minister David Collado Morales, Minister of Tourism of the Dominican Republic, the D.R.
  • Tourism Tradeshow serves as a platform to promote and position the country to leaders in the tourism industry and a broad audience of travelers.
  • "The Dominican Republic Tradeshow is an event meant to bring together tourism leaders and world travelers intrigued by the offerings and splendor of the Dominican Republic," said David Collado Morales, Minister of Tourism of the Dominican Republic.
  • For more information about the Tourism of the Dominican Republic, please visit https://www.godominicanrepublic.com/ .

DP World Champions Global Logistics, Successfully Delivers Monorail Cars to Dominican Republic

Retrieved on: 
Jeudi, février 22, 2024
Rail, Maritime, Logistics, Supply Chain Management, Transport, Public Transport, London Gateway, Alstom, Album-equivalent unit, Atlantic Ocean, Growth, Leg, Atlantic Gateway, Dominican, DP World, Congestion, City, DP, Port, Movement, CMA, Intermodal freight transport

Demonstrating its prowess in the global logistics sector, DP World has successfully coordinated the delivery of four monorail cars from the United Kingdom (UK) that will serve as critical pieces of an advanced public transportation project in Santo Domingo, Dominican Republic.

Key Points: 
  • Demonstrating its prowess in the global logistics sector, DP World has successfully coordinated the delivery of four monorail cars from the United Kingdom (UK) that will serve as critical pieces of an advanced public transportation project in Santo Domingo, Dominican Republic.
  • The monorail cars, which were produced by Alstom in the UK, began their journey to the Caribbean from DP World’s London Gateway Port.
  • This presented unique challenges that were expertly navigated by each DP World team around the globe as the cars made their journey.
  • “This efficiency underscores DP World's commitment to providing streamlined, cost-effective logistic solutions that support the growth and sustainability of global trade.”

Carnival Corporation Unveils New Solar Park at Amber Cove Port in Dominican Republic

Retrieved on: 
Vendredi, mars 8, 2024
Carnival Cruise Line, Culture, Princess Cruises, America Line, Government, Dominican, Carnival Corporation & plc, Tree, Heart, Holland America Line, Solar energy, CCL, Beauty, Tourism

MIAMI, March 8, 2024 /PRNewswire/ -- Underscoring its commitment to sustainability, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today unveiled a new solar park at its Amber Cove Cruise Center in the Dominican Republic.

Key Points: 
  • MIAMI, March 8, 2024 /PRNewswire/ -- Underscoring its commitment to sustainability, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today unveiled a new solar park at its Amber Cove Cruise Center in the Dominican Republic.
  • Carnival Corporation, Carnival Cruise Line and Amber Cove Cruise Center celebrated with a ribbon cutting that was attended by government, industry and community leaders, including Joel Santos, minister of the presidency of the Dominican Republic, and Christine Duffy, president of Carnival Cruise Line.
  • "With this new solar park in Amber Cove, we are furthering our commitment to sustainability at our destinations by focusing on renewable energy sources to power the vast majority of the port's needs."
  • Located in the heart of the Dominican Republic's north coast just outside the historical town of Puerto Plata, Amber Cove Cruise Center is one of eight leading port destinations and exclusive islands owned and operated by Carnival Corporation.

Why are manufacturing companies moving to the Dominican Republic?

Retrieved on: 
Mercredi, décembre 20, 2023
Fresenius (company), Cardinal Health, Dominican, MICM, Outsourcing, Electronics, Rockwell Automation, Commerce, Heart, Jabil, Stoma, Ministry, Traction, Investment, Convatec, Airline

SANTO DOMINGO, Dominican Republic, Dec. 20, 2023 (GLOBE NEWSWIRE) -- In a bold strategy that has revolutionized the international investment landscape, a growing number of free zone companies are making the Dominican Republic their top choice, relocating their businesses, as well as their production plants.

Key Points: 
  • SANTO DOMINGO, Dominican Republic, Dec. 20, 2023 (GLOBE NEWSWIRE) -- In a bold strategy that has revolutionized the international investment landscape, a growing number of free zone companies are making the Dominican Republic their top choice, relocating their businesses, as well as their production plants.
  • This robust tax exemption framework, under Law 8-90, grants complete exemptions, amounting to 100% for nearly all national and local taxes.
  • Companies enjoy no logistical complications thanks to the proximity to key markets in the United States and Europe.
  • The Dominican Republic's nearshoring success stories span across various industries, with several multinational companies choosing to move their operations to the country.