Downpours ease water crunch nationwide
Economy September 20, 2019 | 4:30 pm
Santo Domingo.- The supply of piped water improved Fri. with the rains over most of the national territory and have increased the flows that supply the Greater Santo Domingo, Aqueduct (CAASD) director[...]All fuels climb again, except natural gas
Economy September 20, 2019 | 3:21 pm
Santo Domingo.- Fuel prices for the week from September 21-27: Premium gasoline, RD$226.20 per gallon and regular gasoline at RD$211.40, both increase RD$1.90. Regular diesel, RD$179.40, an incr[...]Biggest Dominican bank commits to Principles of Responsibility
Economy September 20, 2019 | 8:56 am
Santo Domingo.- The Banco Popular Dominicano on Thur. announced its commitment to the Principles of Responsible Banking, by becoming a signatory partner of this global alliance among 250 financial ins[...]US mulls construction of a natural gas terminal in Dominican NW
Economy September 20, 2019 | 8:34 am
Santo Domingo.- The United States Government will finance a feasibility study for the construction of a natural gas terminal in Manzanillo (northwest), including a project to build a natural gas plant[...]Punta Catalina power plant ‘commercially’ ready by November
Economy September 19, 2019 | 3:52 pm
Santo Domingo.- Punta Catalina Power Plant general administrator Jaime Aristy Escuder, on Thurs. said the country’s electricity supply will significantly improve for October and November, with red[...]Entities will promote new technologies in banking
Economy September 19, 2019 | 11:16 am
Santo Domingo.- Dominican Republic’s financial sector is constantly evolving. With the entry of fintech traditional banking more intensely applies new technologies that transform financial services.[...]UN warns: Dominican Republic drought has come to stay
Economy September 18, 2019 | 4:10 pm
Santo Domingo.- United Nations Food and Agriculture Organization (FAO) representative in the Dominican Republic, Carmelo Gallardo, warned Wed. that the drought has come "to stay" in the country. [...]Power plants go off line, stoke blackouts: Utility
Economy September 18, 2019 | 12:55 pm
Santo Domingo.- While residents in different parts of the country complain about the frequent and extent of power outages, up to 15 hours a day, the Southern Electricity Distribution Company (Edesur) [...]Major Dominican port gets the first cold inspection chamber
Economy September 18, 2019 | 10:25 am
Santo Domingo.- Haina International Terminals (Hit) on Tues. inaugurated the first cold inspection chamber in a Dominican port. The chamber will allow when required, the inspection of any perishabl[...]Dominican Republic, Russia to cooperate on nuclear energy
Economy September 17, 2019 | 12:09 pm
Moscow.- The Russian nuclear energy corporation Rosatom and Dominican Republic’s Energy and Mines Ministry on Tuesday signed the first memorandum on bilateral cooperation in the field of nuclear ene[...]Central Bank releases US$374.5M of bank reserve
Economy September 17, 2019 | 11:06 am
Santo Domingo.- The Central Bank said that RD$19.1 billion (US$374.5 million) of the RD$34.0 billion bank reserve have been released, as announced by the Monetary Board for loans to various producti[...]Chinese envoy praises highland town’s potential
Economy September 17, 2019 | 10:12 am
Constanza, Dominican Republic.- Chinese ambassador, Zhang Run, on Saturday visited the agro and ecotourism highland town of Constanza, invited by mayor, Ambiorix Sánchez. Zhang was declared a dis[...]Drought decreases reservoir levels ‘dramatically’
Economy September 17, 2019 | 7:45 am
Santiago.- The level of the reservoirs continues to decrease dramatically as a result of the drought that has forced residents to go to wells and build large cisterns to store water. Currently, the[...]Motorists with unpaid traffic fines will not be able to renew tag
Economy September 16, 2019 | 12:55 pm
Santo Domingo.- Internal Taxes (DGII) on Mon. said it expects to raise more than RD$2.25 billion with the renewal of the vehicle license sticker (tag) 2019-2020, which starts today. It said however[...]El Popular: 1st Dominican bank certified Carbon-Neutral
Economy September 16, 2019 | 10:41 am
Press Release Santo Domingo.- As a result of a responsible banking model promoting sustainable actions, the Banco Popular Dominicano reported that it has achieved the category of Carbon-Neutral Org[...]Economic crisis looms, Dominican business leaders in NYC warn
Economy September 16, 2019 | 10:07 am
New York.- Dominican business leaders in this city warned that the Dominican Republic could fall into a crisis of “unimaginable consequences” amid a looming economic recession, which could sharply[...]Central Bank US$100M+ injection aims to stabilize market, allay fears
Economy September 16, 2019 | 8:13 am
Santo Domingo.- As of today Monday the Central Bank will start injecting more than US$100 million into the exchange market to stabilize it and allay fears of a possible global economic recession impac[...]All fuels climb, except natural gas
Economy September 13, 2019 | 3:16 pm
Santo Domingo.- Fuel prices for the week from September 14 to 20, according to the Industry and Commerce Ministry. Premium gasoline RD$224.30 and regular gasoline RD$209.50, both increase RD$0.90 p[...]Dominican airports move a record 10.5M passengers
Economy September 13, 2019 | 1:20 pm
Santo Domingo.- Dominican Republic managed to mobilize in eight months this year a record 10.5 million passengers by air, Dominican Civil Aviation Institute director Alejandro Herrera revealed Fri. [...]
