Top Dominican supermarket chains won’t raise prices
Economy April 1, 2020 | 4:13 pm
Santo Domingo.- Two of Dominican Republic’s leading supermarket chains on Wed. promised separately not to increase prices during the next few months In a statement Centro Cuesta Nacional (CCN) gu[...]Fruit and vegetable exports to the US by air jump
Economy April 1, 2020 | 12:12 pm
Santo Domingo.- Cargo flights through Las Americas International Airport to Miami have climbed in recent weeks, hauling vegetables, fruits and various items to the United States market. According [...]Industries to the people: don’t fret, there’s enough production
Economy April 1, 2020 | 9:16 am
Santo Domingo.- The Dominican Republic Industries Association (AIRD) on Tuesday urged the population not to go massively to businesses and financial entities in search of food and services, since it p[...]U.S. US$2.2T stimulus to benefit thousands of Dominicans in NY
Economy March 31, 2020 | 4:49 pm
New York (EL NUEVO DIARIO).- Thousands of Dominicans of the 850,000 residing in New York will benefit from the disbursement of US$112 billion from the federal stimulus of US$2.2 trillion to be distrib[...]Online shopping service overwhelms Dominican supermarkets
Economy March 31, 2020 | 12:35 pm
Santo Domingo.- Recently some Dominican supermarket chains began online shopping service, just like applications that make it easier to shop for food without having to go to the store; however, in the[...]6,000 companies seek access to Employee Assistance Fund
Economy March 31, 2020 | 11:36 am
Santo Domingo.- Economy Minister Juan Ariel Jiménez, on Tue. said that some 6,000 companies have applied to qualify for the Employee Assistance Fund (FASE). “So far we have received requests fro[...]Laid off workers top 118K, grow by the hour: Labor chief
Economy March 30, 2020 | 4:20 pm
Santo Domingo.- As of noon on Monday, 8,879 companies had laid off 118,375 workers, a figure that grows by the hour, Labor Minister, Winston Santos, told Diario Libre. He said there are more and mo[...]Word Bank US$150M to meet Dominicans’ needs in crisis
Economy March 30, 2020 | 12:49 pm
Santo Domingo.- The Dominican Government will use financing for US$150 million, previously contracted with the Inter-American Bank for Reconstruction and Development (IBRD) of the World Bank Group, to[...]Shielding the Dominican economy
Economy March 29, 2020 | 7:27 am
The director of the International Monetary Fund (IMF), Kristalina Georgieva, said that due to the effects of the coronavirus pandemic the world economy has entered a recession and warned that th[...]Central Bank: Dominican economy grew 5% in Jan., Feb.
Economy March 27, 2020 | 3:56 pm
Santo Domingo.- Central Banker, Héctor Valdez Albizu, on Fri. said the Dominican economy grew on average 5% in the first two months, as the result of the incidence of the cessation of activities caus[...]Fuel prices plunge a 2nd straight week
Economy March 27, 2020 | 3:32 pm
Santo Domingo.- Fuel prices for the week of March 28 to April 3 in gallons: Premium Gasoline RD$176.50, down RD$11.60 Regular Gasoline RD$162.00, down RD$11.20 Regular diesel RD$130.10, down [...]Industries: Not the time for layoffs, time to balance the load
Economy March 26, 2020 | 4:50 pm
Press Release Santo Domingo.- The president of the Association of Industries of the Dominican Republic (AIRD), Celso Juan Marranzini, said Thursday that, as long as possible, it is not the time for[...]From corporation to mom and pop shop
Economy March 26, 2020 | 4:36 pm
A-Line Autoglass LLC., an independent family owned business located in Albany, NY, has just made a big move to relocate their company to a location that has been home to several businesses in the auto[...]Dominican agro can meet consumption: top farmer
Economy March 26, 2020 | 12:09 pm
Santo Domingo.- The supply of Dominican agro products is guaranteed, as is the sale price to consumers, according to National Confederation of Agricultural Producers (Confenagro) president Eric Rivero[...]Medina earmarks US$593.0M to save jobs
Economy March 26, 2020 | 11:04 am
Santo Domingo.- President Danilo Medina last night announced a RD$32.0 billion (US$593.0 million) aid package to preserve jobs in the private sector and the informal market, in addition to that star[...]Gov. looks to produce surgical masks
Economy March 26, 2020 | 9:59 am
Santo Domingo.- The problem with masks in the Dominican Republic is that they are not domestically produced, Consumer Protection (Pro Consumidor) director Anina Del Castillo affirmed Wed. “They h[...]Eliminated: minimum monthly payment on card debt balance, late fee
Economy March 26, 2020 | 8:55 am
Santo Domingo.- Within the package of measures announced by President Danilo Medina Wednesday night, banks will eliminate the minimum monthly payment on the balance of the card debt and the late fee w[...]Occupational Risks OKs release of US$264.2M to deal with the virus
Economy March 25, 2020 | 4:33 pm
Santo Domingo.- The Dominican Occupational Risks Prevention and Protection Institute (Idoppril) on Wed. authorized the release of RD$14.0 billion (US$264.2 million) from the contributions of the Occup[...]Thousands of tourists return home from Dominican airports
Economy March 25, 2020 | 1:42 pm
Santo Domingo.- Thousands of tourists have begun to return to their countries of origin from airports in the Dominican Republic. More than 70,000 foreign visitors have left from Punta Cana Internat[...]
