Nov.-Dec. manufacturing activity posts favorable performance
Economy January 28, 2020 | 9:40 am
Santo Domingo.-The manufacturing activity posted a favorable performance between November and December, according to the Monthly Manufacturing Activity Index (IMAM) published by the Dominican Republic[...]US$2.5B bond offer means cheaper dollar: Central Banker
Economy January 28, 2020 | 8:15 am
Santo Domingo.- Last week’s US$2.5 billion bond offer announced by the Finance Ministry would push the dollar exchange rate down, said Central banker Héctor Valdez Albizu affirmed Mon.. It means[...]Dominican Republic elections won’t roil dollar, economy
Economy January 27, 2020 | 1:27 pm
Santo Domingo.- Central banker, Héctor Valdez Albizu, on Mon. discarded the notion that this year’s elections will negatively impact economic activity. "He who is betting on that, is going to st[...]Santo Domingo could add 400+ new hotel rooms by 2022
Economy January 27, 2020 | 7:53 am
Madrid.- As of 2022, more than 400 new hotel rooms could be added in Santo Domingo, said Luis Padilla, director of sales and marketing of the Santo Domingo Hotel Association. He said important inte[...]Expect scattered showers
Economy January 25, 2020 | 6:09 am
The National Meteorological Office (ONAMET) predicts there will be local showers over the northeast, southeast, and Central Cordillera regions today, especially in the late afternoon and evening due t[...]Most fuel prices fall
Economy January 24, 2020 | 1:41 pm
Santo Domingo.- Fuel prices for the week from January 25 to 31 in gallons: Premium gasoline RD$233.00 per gallon, RD$0.50 less. Regular gasoline RD$217.60, RD$0.30 less. Regular diesel RD$180[...]Gov. agencies deny intent to tax first license plate
Economy January 24, 2020 | 9:29 am
Santo Domingo.- Customs (DGA) and Internal Taxes (DGII) on Thurs. denied having the intention to collect the funds from the vehicles’ first license plate before exiting the ports. "On our part,[...]AMCHAMDR to publish its 5th Investor’s Guide
Economy January 24, 2020 | 8:27 am
Santo Domingo.- The Legal Committee of the American Chamber of Commerce of the Dominican Republic (AMCHAMDR) will publish the fifth edition of the Investor's Guide, a document that compiles the most r[...]Dominican Republic US$2.5B bond sets a milestone
Economy January 24, 2020 | 7:49 am
Santo Domingo.- The Dominican Republic on Thursday placed a US$2.5 billion bond, with maturities of 10 and 40 years, at rates of 4.50% and 5.875% , and amounts of US$1.0 billion and US$1.5 billion, re[...]Confirmed: A-Rod gets a stake in top Dominican beer(update)
Economy January 23, 2020 | 3:35 pm
Santo Domingo.-- Former New York Yankee, Texas Ranger and Seattle Mariner Alex Rodriguez is the new president and co-owner of Presidente, the Dominican beer brand now owned by Anheuser-Busch Inbev, Fo[...]Top diplomats’ meeting bolsters Dominican-Jamaican ties
Economy January 23, 2020 | 12:53 pm
Santo Domingo.-- Foreign Minister Miguel Vargas and Jamaica counterpart, Kamina Johnson Smith, on Thurs. signed a memo on cooperation, investment and trade to strengthen bilateral relations and all [...]There’s gold in them thar trash…
Economy January 23, 2020 | 8:26 am
Santo Domingo.- NUVI, the largest private alliance for the efficient management of solid waste in the Dominican Republic, was launched at the Intercontinental Hotel Wed. in an activity that highlighte[...]Medina, ministers mull fuel prices
Economy January 22, 2020 | 4:27 pm
Santo Domingo.- President Danilo Medina led a National Palace meeting Wed. in which details of an evaluation and a diagnosis on the price of fuels were presented. At the end of the meeting Industry[...]Biggest bank financed US$1.0B for tourism projects, could rise in 2020
Economy January 22, 2020 | 9:59 am
Madrid.- Last year Banco Popular financed US$1.0 billion for tourism projects, which could be higher in 2020 depending on the business opportunities that arise. The announcement was made by René G[...]New ECLAC policy brief outlines areas for improving national statistics in the Caribbean
Economy January 22, 2020 | 9:28 am
Press Release The data revolution for sustainable development has heralded a renewed focus on evidence-based policymaking in policy planning and implementation, but the legal foundation for the pro[...]Auto dealers gripe over cost of first tag
Economy January 22, 2020 | 8:34 am
Santo Domingo.- The intention to collect in advance the 17% tax through the first license plate on imported vehicles and motorcycles concerns dealers who’ve warned that if that measure is applied ma[...]Exports rose 7%, to US $ 11.4 billion
Economy January 21, 2020 | 7:33 am
Last year's exports amounted to US $ 11.4 billion, which represents an increase of 4.7% compared to 2018 when exports reached US $ 10.9 billion. The information contained in the "Monthly Export Rep[...]Dominican Republic’s cocoa among the world’s top five
Economy January 20, 2020 | 4:01 pm
Santo Domingo.- Of some 600 varieties from 98 cocoa-producing countries, Dominican Republic’s was chosen among the top five in the world during an international competition held at the Chocolate Sal[...]Gov. abandons US$14.7M project to replenish beaches
Economy January 20, 2020 | 8:24 am
Santo Domingo.- The Tourism Ministry will no longer have this year among its investments the project to regenerate the beaches, a plan that has been in preparation for its execution for years, but now[...]
