article thumbnail

Dominican Central Bank Reports 29% Growth In Remittances

YoungUpstarts

The Dominican Republic has emerged victorious in this struggle. Over the last 5 years the Dominican Republic was a fast growing Caribbean economy. In 2018 remittances to the Dominican Republic accounted for more than 7% of the country’s GDP. Remittances to the Dominican Republic averaged $312.9

article thumbnail

Paul Herdsman Of NICE Global: The Benefits Of Utilizing Nearshore Outsourcing For Your Business

YoungUpstarts

Back in 2013, my own company was offshore outsourcing to four different countries: the Dominican Republic, Honduras, the Philippines, and India. After a while, it began to place an immense strain on our internal resources to manage all of the centers efficiently, effectively negating the cost-savings we were benefiting from.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

[ADV] How Charter Spectrum Services Can Grow Your Startup

YoungUpstarts

Charter Spectrum Phone service offers you the unlimited local calling in the US, Canada, Mexico, Guam, Puerto Rico, US Virgin Islands, Dominican Republic, and the Northern Mariana Islands. Phone Service for Long Business Chat: You also require an excellent phone service in the office for business use.

article thumbnail

Remittance Cash Pickup Not Possible During Lockdown? There’s Another Way.

YoungUpstarts

Ria will also continue to provide cash home delivery services in Armenia, the Dominican Republic, Hungary, Morocco, Nicaragua, Peru, the Philippines, and Vietnam. We recommend that before stepping out to visit a cash pickup agent you contact them to check if they are open.

article thumbnail

Why Moving Your Small Business Online Doesn’t Have To Be Scary

YoungUpstarts

ShareMoney makes it easy to share money with someone in Mexico , start sending money to the Dominican Republic , and more. However, they aren’t always the quickest, most efficient ways to send money internationally. Make sure you also have access to a resource like ShareMoney. Leverage the Power of Social Media.

article thumbnail

From co-founder to ousted CEO of 500px: Trials, errors, and lessons learned

The Next Web

Shortly after the news hit the media, Gutsol left Canada where he’s lived since 2000 after moving from Ukraine, and he spent a few months in the Dominican Republic. Its history, however, has been a bumpy ride, which ended for its co-founder Oleg Gutsol last year, with him being ousted from the CEO role and the company itself.

article thumbnail

Founder Interview: Alejandro Russo, Building the Candela Spiced Rum Brand

The Startup Magazine

Candela Mamajuana is an alcohol/spirits startup brand that is bringing the Dominican Republic’s native rum to the world. Candela Mamajuana was born after Alejandro became fascinated by mamajuana (a spiced rum native to the Dominican Republic) after it was served to him at a hotel bar in the Dominican Republic.