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The tourism sector is the main recipient of investment funds, with 34%.
dominicantoday115d ago

The tourism sector is the main recipient of investment funds, with 34%.

Eighteen percent of the total pension fund portfolio in the Dominican Republic is invested in investment funds. Of that percentage, 34% is allocated to the tourism sector, which is the primary recipient within that category. This statement was made by the Superintendent of Pensions, Francisco Torres, who also said that “approximately RD$70,720 million are invested in the tourism sector, in some 25 projects distributed throughout the country.” He also indicated that total investment through investment funds grew by about RD$60 billion last year. In fact, Torres noted that the majority of Dominican workers’ pension funds are invested in tourism, followed by energy and industry. When asked about financial instruments or real estate investment funds for tourism in emerging destinations such as Miches or Pedernales, the official stated that AFI Popular and AFI Reservas have already established funds for investment in Pedernales. “We, [...]

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Startup Cerebral Agrees to Pay $7 Million Fine and More Under Order by the FTC
hackernoon115d ago

Startup Cerebral Agrees to Pay $7 Million Fine and More Under Order by the FTC

Cerebral, a startup best known for dispensing counseling services and prescriptions for conditions like anxiety and depression, has also agreed to pay $7 million to resolve charges that it disclosed customers’ personal health information to third parties for ads, and that it did not honor its promise to make cancellation easy for customers.

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This Week’s Awesome Tech Stories From Around the Web (Through February 28)
platodata115d ago

This Week’s Awesome Tech Stories From Around the Web (Through February 28)

Computing Breaking Encryption With a Quantum Computer Just Got 10 Times EasierKarmela Padavic-Callaghan | New Scientist ($) “In 2019, Craig Gidney at Google Quantum AI co-authored a paper that reduced [the requirement to break RSA encryption] from 170 million to 20 million quantum bits, or qubits. And in 2025, Gidney devised a way to slash [...]

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