“We are excited to have completed this transaction that is fueled by the strategy of gaining greater scale in economically stable markets with prospects for growth, and allows us to expand and strengthen our operations in the country. We are building a leaner, more modern digital bank, to continue improving our customers’ experience with enhanced financial services and products” said Gonzalo Parral, CEO, Scotiabank Dominican Republic.

With the closing of this acquisition, Scotiabank doubles its customer base and strengthens its fourth-place position in terms of assets in full-service banking and its third-place ranking in the credit card segment in the Dominican Republic, with a 17% share of the market. The acquired Banco Dominicano del Progreso operations include 57 branches, 184 ABMs and more than 160 banking sub-agents, which serve more than 250,000 personal and commercial banking customers.

For further information on the integration stage, please visit www.scotiabank.com.do and www.progreso.com.do.

About Scotiabank
Scotiabank is Canada’s international bank and a leading financial services provider in the Americas. We are dedicated to helping our more than 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 98,000 employees¹ and assets of over $1 trillion (as at January 31, 2019), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

¹Employees are reported on a full-time equivalent basis.

BOCA RATON, Florida, Oct. 1, 2018 /PRNewswire-HISPANIC PR WIRE/ – Phoenix Tower International (PTI), a leading wireless communications infrastructure provider, announces it has closed a US$485mn senior secured term loan facility to continue its international expansion.

PTI successfully upsized and extended its existing credit facility and strengthened the composition of its syndicate group highlighting the company’s continuing success. The transaction consists of US$290mn senior secured 5-year term loan and US$195mn delayed draw which will allow PTI to continue expanding internationally.

The credit facility was led by Scotiabank, with Goldman Sachs, Deutsche Bank, Santander, ING Capital, Natixis, Banco General, Orix Capital, and Towerbank participating and is the first Pan-Latin America facility of its kind secured by infrastructure assets. The credit facility provides financing on PTI’s existing wireless infrastructure, new tower development and acquisitions across PTI’s existing Latin America markets as well as many additional Latin America markets including Belize, Chile, Costa Rica Colombia, Dominican Republic, El Salvador, the French West Indies, Guatemala, Guyana, Honduras, Jamaica, Mexico, Panama, Peru, Suriname, Uruguay, Argentina, Bolivia, Ecuador, Nicaragua and Paraguay.

“With this financing, PTI has full flexibility to continue to grow the business across Latin America with available debt financing at our disposal.  This will allow us to deliver for our customers, sellers and business partners in an expedited manner with a syndicated lender group comprised of long term relationships that PTI has had since inception as well as new relationships that will help PTI take the business to the next level in the years to come.  We are incredibly excited to close this loan with Scotiabank and the entire lender group,” said Dagan Kasavana, Chief Executive Officer of PTI.

PTI was represented by Locke Lord. Scotiabank and the Lender Group were represented by White & Case. Terms of the transaction remain confidential between the parties.

About Phoenix Tower International:

Founded in 2013, Phoenix Tower International (”PTI”) owns and manages over 6,000 towers, 974 km of fiber and other wireless infrastructure and related sites throughout Costa Rica, Panama, El Salvador, Colombia, Peru, Mexico, the Dominican Republic, French West Indies, Jamaica, and the United States, including Puerto Rico and the US Virgin Islands.

PTI’s investors include funds managed by Blackstone Tactical Opportunities and John Hancock, as well as various members of the management team. For more information, please visit www.phoenixintnl.com.

Logo – https://mma.prnewswire.com/media/285758/pti_logov_rgb_Logo.jpg

As men age, the vessels in their penis weaken, contract and fill with micro-plaque, which can lead to Erectile Dysfunction. As these tiny vessels become clogged, the penis decreases in sensitivity, making it harder for men to achieve and maintain an erection. Thankfully, the GAINSWave protocols can enhance a man’s performance by using high-frequency acoustic waves to repair existing blood vessels and improve blood flow.

Thanks to the numerous clinical studies on Low-Intensity Extracorporeal Shockwave Therapy (Li-ESWT), we can see that this therapy improves not only Erectile Dysfunction symptoms but also sexual performance. “GAINSWave is an ideal solution for men looking to improve spontaneous erections without the use of Viagra or Cialis,” says Victor Atallah. Patients receiving GAINSWave therapy have reported improved erection quality, enhanced sexual performance and decreased refractory times between orgasms, which is why this a great alternative to ED medications.

This drug and surgery-free procedure only takes about 20 minutes and can enhance a man’s sex life while addressing the root cause of Erectile Dysfunction. Antiaging And Regenerative Center is now treating men with the GAINSWave Therapy in their offices located at Av. Abraham Lincoln 1009, Santo Domingo, Dominican Republic.

# # #

Victor Atallah of the Antiaging and Regenerative Center focus on natural treatment therapy for male enhancement. Utilizing cutting-edge shockwave therapy (GAINSWave), the Antiaging and Regenerative Center provides drug-free, non-invasive solutions for men battling erectile dysfunction and Peyronie’s disease in Santo Domingo.

Logo – https://mma.prnewswire.com/media/519717/GAINSWave_Logo.jpg

Enterprise Plus and Emerald Club Loyalty Programs Offered Across Popular Caribbean Destinations

ST. LOUIS, July 20, 2018 /PRNewswire-HISPANIC PR WIRE/ – As part of its ongoing expansion in Latin America and the Caribbean, the world’s largest car rental company has opened four new Enterprise Rent-A-Car locations at the Dominican Republic’s largest airports:

• Punta Cana International Airport (PUJ), the busiest airport in the Dominican Republic and second busiest airport in the Caribbean;
• Las Américas International Airport (SDQ) in Santo Domingo;
• Cibao International Airport (STI) in Santiago de los Cabelleros; and
• Gregorio Luperón International Airport (POP) in Puerto Plata.

Enterprise Holdings Inc. owns the Enterprise Rent-A-Car brand, as well as National Car Rental and Alamo Rent A Car. The National brand has been operating in the Dominican Republic since 1974.

The Enterprise Rent-A-Car brand made its debut in the Caribbean in 2014 through franchisees in Guadeloupe and Martinique. It expanded into Latin America in 2015, and announced the opening of 22 new locations throughout Belize, Honduras, Mexico, Tortola, Trinidad & Tobago, Turks & Caicos and Uruguay in 2016.

Enterprise Holdings ranks near the top of the global travel industry in terms of revenue, ahead of many airlines and most cruise lines, hotels, tour operators and online travel agencies. Today, the Enterprise, National and Alamo brands operate in more than 90 countries, including 31 in Latin America and the Caribbean.

“The Dominican Republic is an important piece of our planned growth in the region,” said Peter A. Smith, vice president of global franchising at Enterprise Holdings. “And this expansion allows travelers even more access to our world-renowned customer service and convenient rental process.”

Loyalty Program Expansion

Customers traveling to the Dominican Republic – one of the most popular destinations in the Caribbean – also can enjoy more perks and rewards with the expansion of two loyalty programs: Enterprise Plus through the Enterprise Rent-A-Car brand, and the award-winning Emerald Club, through the National Car Rental brand.

“Our brands are continuing to grow internationally, largely due to the continued loyalty of customers,” said Smith. “Increasing the availability of Enterprise Plus and Emerald Club with our new locations in the Dominican Republic is a natural way to thank our customers for their business and further our mission to serve them no matter where they decide to travel.”

This expansion follows both loyalty programs’ introduction in Colombia, Honduras, Jamaica, Peru and Suriname in 2017. The same year, Enterprise Plus was also introduced in Turks & Caicos, Belize, Costa Rica, Guatemala, Mexico, Nicaragua, Tortola, Trinidad & Tobago and Uruguay.

Emerald Club

Through the Emerald Club, members earn vehicle upgrades according to membership level. All Emerald Club members are guaranteed a midsize or above vehicle at the reserved midsize rate. Emerald Club members at the Executive level and above are guaranteed a full-size or larger vehicle at the reserved midsize rate. Members can also choose to earn either free rental days or frequent-traveler miles or points with one of National’s airline or hotel partners.

In addition, Emerald Club members renting in Latin America and the Caribbean can take advantage of Emerald Club Priority Service, which expedites the rental process by offering a dedicated line at the service counter exclusively for Emerald Club members.  Membership is complimentary for all National customers, and individual travelers can easily enroll themselves in the program by clicking the Emerald Club “Join Now” link at www.nationalcar.com.

Enterprise Plus

With every qualifying rental, Enterprise Plus members earn points they can redeem anytime for free rental days in any available vehicle at thousands of participating Enterprise locations worldwide. Points don’t expire as long as the member has one qualifying Enterprise rental in a three-year period. Free rental day awards apply to time and mileage (base rate) only and do not cover taxes, surcharges and concession fees.

Once enrolled, Enterprise Plus members simply use their membership number to book a reservation online at www.enterprise.com, via the Enterprise mobile app or over the phone to receive all member benefits.  As Enterprise Plus members rent more frequently, they can quickly rise to Silver, Gold or Platinum status to gain access to even more reward options until the end of the next program year. Each status level has its own unique set of benefits, such as bonus points and vehicle upgrades. Membership in Enterprise Plus is free, and the loyalty program is open to anyone at least 21 years old.

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Logo – https://mma.prnewswire.com/media/557711/Enterprise_Holdings_Corporate_Brands_Logo.jpg

PROVIDENCIALES, Turks & Caicos Islands, Dec. 11, 2014 /PRNewswire/ – interCaribbean Airways is pleased to announce the commencement of new non-stop services to and from Kingston, Jamaica and Santo Domingo, Dominican Republic to Port au Prince, Haiti .

interCaribbean Airways begins scheduled services on December 13^th 2014, between Kingston Normal Manley International Airport and Port au Prince, Haiti, and also Port au Prince to Santo Domingo International Airport.  With high hopes for this service, the business and leisure traveler will be able to enjoy this new service in just an hour of travel time.

In concert with the mission of the Ministry of Tourism, and Minister Stephanie Villedrouin to increase flights and build Haiti as a leisure destination, these new services will extend the travel options for the visitors to neighboring islands as an easy means to travel to Haiti and extend their vacation stays.

ARR

FLIGHT No. FROM  TO   FREQUENCY

DEP

PLS

Wed Sun

01:25 PM

JY 217                                          02:35 PM

           PAP

PAP

SDQ

Thu Sat

11:25 AM

JY 623                                          01:20 PM

PAP*

KIN

Wed (*via PLS)

01:25 PM

JY 217/250                                      04:50 PM

KIN

03:20 PM

JY 624     PAP        Fri Sat                   04:40 PM

KIN

Sun (*via PLS)

01:25 PM

JY 217/250 PAP*                                 04:50 PM

Seats are on sale, and bookable immediately at interCaribbean.com or calling our call centers and visiting our airport locations.  Customers may also visit their preferred travel agency.

Said Trevor Sadler CEO of interCaribbean Airways, we are pleased to offer these new routes to give the more choices and more connectivity across the Caribbean and support Haiti as it grows its appeal to the vacation visitor, while facilitating new business opportunities.  We look forward to increasing the frequency and number of destinations we serve in the new year.

About InterCaribbean Airways

interCaribbean Airways is based in the Turks & Caicos Islands, operating for the last 23 years to connect you and the Caribbean.  Services are via EMB 120 and BE99 aircraft connecting the Turks & Caicos to the Bahamas, Dominican Republic, Haiti, Jamaica and Puerto Rico.  International services also connect Jamaica to the Dominican Republic and Haiti, and the Dominican Republic to Puerto Rico.  Domestic flights are operated in The Turks & Caicos Islands and Jamaica. With new services planned to the Eastern Caribbean we look forward to connecting more of the Caribbean.

CONTACT: Media Relations: media@intercaribbean.com

SAN JUAN, Puerto Rico, April 17 , 2014 /PRNewswire/ – Seaborne Airlines, the fastest growing airline in the Caribbean, is pleased to announce that its non-stop daily service from Luis Munoz Marin International Airport in San Juan (SJU) to Las Americas International Airport in Santo Domingo, Dominican Republic (SDQ) started on April 15^th, 2014.  Now business or pleasure travel to Dominican Republic is a breeze with the launch of this new route.  Santo Domingo is Seaborne’s fourth destination within the Dominican Republic, the others being La Romana, started in December, 2013; Punta Cana began in February 14, 2014 and Santiago launched in March 15th, 2014.  Fares start as low as $99 one way taxes and fees included. Flights can be reserved via SeaborneAirlines.com, Expedia, Travelocity or through your local travel agency.

“San Juan to Santo Domingo provides another access point to the U.S. market and reinforces the importance of Puerto Rico as a connecting point in the Caribbean” said Gary D. Foss, president and chief executive officer of Sea Star Holdings, parent company of Seaborne.  “And the teaming local market between Puerto Rico’s capital and that of the Dominican Republic will benefit from the added service offering.”

With service to 18 airports throughout the Caribbean; connecting service to American, Jet Blue and Delta at San Juan, Puerto Rico; two pilots on every flight; a flight attendant on our new Saab 340 aircraft and the outstanding dependability, Seaborne is becoming known for the Seaborne Travel Account that offers the greatest value in air service in the Caribbean.  Just recently, Seaborne announced that they will provide customers with a $200 gift certificate for each $1,000 added to their travel account.

About Seaborne Airlines

Seaborne Airlines has been operating in the Caribbean for over 20 years, carrying over two million customers safely.  Seaborne operates over 2,100 monthly departures throughout the Caribbean to San Juan, St. Thomas, St. Croix, Vieques, Tortola, Virgin Gorda, Dominica, Martinique, Guadeloupe, La Romana, Punta Cana, Santo Domingo, Santiago, St. Maarten, St. Kitts and Nevis

Press Contact:
Sandra Colon Perez, scolon@nlppr.com ]]> https://caribpr.com/seaborne-starts-san-juan-santo-domingo-route/feed/ 0 https://caribpr.com/capacity-media-select-dominican-republic-to-host-regionally-acclaimed-telecom-carrier-business-meeting/ https://caribpr.com/capacity-media-select-dominican-republic-to-host-regionally-acclaimed-telecom-carrier-business-meeting/#comments Wed, 22 Jan 2014 15:21:21 +0000 caribpr http://caribpr.com/?p=11477 SANTO DOMINGO, Dominican Republic, January 22, 2014 /PRNewswire-HISPANIC PR WIRE/ – The Dominican Republic is becoming one of the fastest-growing economies in the Caribbean and Latin America, reaping the rewards of policies facilitating more open trade and experiencing great levels of international investment. Within its dynamic and developing economy, the Dominican telecom industry is thriving and becoming one of the best-served telecommunications platforms in the Caribbean.

Among numerous industry investments currently in the spotlight, the World Bank is supporting the roll-out of a national fibre-optic network and European private-equity firm Altice Group is finalising its acquisition of Orange Dominicana and Tricom Group, reflecting the growing interest in this market.

In light of this international recognition, globally respected telecoms media brand Capacity Media have selected the Dominican Republic as the host island for the most important C-level event for the Caribbean telecoms community. Taking place on the 4 & 5 February 2014 in Santo Domingo, the event serves as the annual meeting place for telecom ministers, regulatory bodies and local and international executives, providing a platform for the industry to discuss critical challenges, opportunities and mechanisms for encouraging development and growth. High-profile speakers this year include Paul Scott, President of Columbus Networks who will deliver the opening keynote and address the company’s recent acquisitions and strategy for the future. He will be followed by leading regulatory figures including Jean-Marie Guillaume, Director General of Conatel Haiti, Chris Seecheran, CEO of TATT and Spencer Thomas, Chairman of NTRC Grenada who will unite for a regulatory roundtable aimed at discussing strategies to align regulatory policy with accelerated regional development.

Discussing the event’s move to Santo Domingo, Rhian Collinson, Head of Conferences at Capacity Media commented, “in the last few years there have been significant developments in the Dominican telecoms market gaining international attention and making it an exciting time for the island to host the biggest regional event for the wholesale telecoms industry. The objective of this year’s event is to expand its audience from Spanish speaking Caribbean and Latin America in order to reflect the entirety of the region and provide an event that can actively contribute to the development of wholesale telecoms.”

For more information on Capacity Caribbean 2014 (4 & 5 February 2014) please contact Katie Anderson, Senior Conference Producer at katie.anderson@capacitymedia.com or call +44-(0)20-7779-7290.

NEW YORK, Sept. 25, 2013 /PRNewswire-USNewswire/ — The second annual PanAfrican Entrepreneurs Conference (PAEC) will convene at the luxurious, all-inclusive Paradisus Palma Real Golf and Spa Resort in Punta Cana, Dominican Republic.  The conference will be held over the US Thanksgiving holiday, from November 28 to December 1, 2013.

Amongst the invitees are American and foreign business and government officials ready to share insights on some of the conference’s key topics. These hot topics will range from intellectual property, trade secrets, and currency exchange issues to analyzing the anatomy of an international scam and more. “The mission of PAEC is to create an arena for entrepreneurs and business people within the Black Diaspora to meet and further business connections,” says Kay DeBow, president of PAEC, adding that “discussions will consist of policy improvements and issue awareness that will benefit the status of black entrepreneurs internationally.”

PAEC’s project strategies are to promote, help develop and expose procurement opportunities for entrepreneurs. These opportunities include:  infrastructure, energy, water management, agri-business, telecommunications, fashion, logistics, transportation, healthcare, environmental management, bidding/tender/RFP management, IT, and rare minerals.

Conference participants will learn about innovative capital formation through various avenues such as the World Bank, IMF, Export Import Bank, Hermes, Asian Development Bank, Equity Funding, European Union, and others.  Proud of the innovative techniques being showcased at the conference, Harry C. Alford, president/CEO of National Black Chamber of Commerce comments, “Several attendees possess the capacity to fund projects through BOTs (build-operate-transfer) and BOOTs (build-own-operate-transfer) and therefore do not require any investment assistance.”

Entrepreneurs in attendance will be integral to an international discussion on trade policy formation. This discussion will include: AGOA oversight, tariffs and duty relief, US Corrupt Practices Act, best practices in foreign business, DR-Central American Free Trade Agreement (CAFTA) and implications of Whole Foods, General Electric and Walmart in Africa.

This event is open to the public.  Reserve your suite now, early bird discount rates will expire September 30 and October 26 is the final deadline to register at www.panafricanec.org. Conference registration is free, and all food, beverages, gratuities, greens fees, nightly shows and beach activities are included in the hotel suite rate.

“The Partnership Meeting is a unique opportunity for the global cocoa community to discuss cocoa livelihoods worldwide,” said Bill Guyton, WCF president. “We’re honored to be hosting the Meeting in the Dominican Republic, and look forward to learning from the Latin America cocoa sector and exploring new opportunities in the region and how it relates to other cocoa-producing regions in West Africa and Southeast Asia.”

The agenda for the Meeting covers topics including Latin America’s role in the global cocoa sector, gender and cocoa, community development in cocoa-growing areas, agroforestry, cocoa genetics, technological advances and more. Speakers for the event feature top sustainability experts from cocoa companies, cocoa producing country governments, non-profit organizations, academia, and more.

The event will take place at the Hotel Occidental El Embajador in Santo Domingo. Running concurrently with the Meeting is WCF’s inaugural Cocoa Sustainability Trade Fair, which will feature information and displays about sustainability efforts being undertaken in the cocoa sector. The event will be followed by site visits to nearby cocoa farms to view on-the-ground sustainability efforts. Sponsors for the event include: Barry Callebaut; Cargill; Mondelez International; ADM Cocoa; The Hershey Company; Ferrero; Rizek Cacao S.A.S.; and Roig Agro-Cacao, S.A, with support from CEI-RD and Olam. Simultaneous translation from English to Spanish and Spanish to English will be available for the duration of the Meeting.

To register, view the agenda, or learn more about the Partnership Meeting, visit: worldcocoafoundation.org/wcf-partnership-meeting. Participate in the meeting remotely by following #WCFPM on Twitter.

About WCF
WCF is an international membership foundation of more than 100 companies that promotes a sustainable cocoa economy by providing cocoa farmers with the tools they need to grow more and better cocoa, market it successfully, and make greater profits. For more information, visit www.worldcocoa.org.

CaribPR Wire, Dominican Republic, Santo Domingo, Aug 5, 2011: Following three years of intensive preparation and planning, the first newly rebranded show – DESIGN CARIBBEAN – is a mere 25 days away from officially opening in the Hotel El Embajador, Santo Domingo, Dominican Republic.  Design Caribbean is a trade show for artisans in the region who are export ready and able to produce uniquely designed, hand crafted, superior quality merchandise.

We have had great response from buyers in the region as well as international interest in attending this show. The timing of this show is perfect for retail buyers and hotel gift shop buyers looking to ensure they can offer a fabulous Caribbean gift selection for holiday shoppers.

 “We are very excited about Design Caribbean – there is an outstanding line-up of very talented artisans displaying at this year’s show. Buyers are going to be very pleased with the quality and uniqueness of the selection,” said Pamela Coke-Hamilton, Executive Director of Caribbean Export.

 Buyers can expect to see diverse products including ceramics, jewellery, fashion accessories, home furnishings, specialty foods and leather goods. A number of cash awards and incentives will be given in each category.  For more information, please visit www.designcaribbean.com  or  www.facebook.com/DesignCaribbean.

The city of Santo Domingo, Dominican Republic, was selected as the location to host the first newly-branded Design Caribbean show because it boasts a large population of 10 million people, with four million residing in the city centre of Santo Domingo, where the trade fair will be held.

 About Design Caribbean
Inspired by the passion and talent of both distinguished and aspiring artists, Design Caribbean brings the region’s finest handmade designs and innovative products onto the world stage.

Encapsulating the spirit of design to “celebrate the ‘beautiful” our event takes place in Santo Domingo, Dominican Republic from Sept. 1-4, 2011. Showcasing a broad product range of handmade quality products, it will connect artisans to buyers, and design enthusiasts from the Caribbean region, North America and Europe.  Design Caribbean visitors will come away with a true sense of the diversity and splendor that breathes vibrancy into the Caribbean region.

Design Caribbean is organized by Caribbean Export, a trade and promotion organization with 15 state regions, whose mandate is to “take Caribbean excellence to the world.”