It’s official: Dominican hotels, restaurants and bars may reopen
Economy June 30, 2020 | 11:52 am
Santo Domingo.-The Public Health Ministry announced Tuesday that hotels, restaurants and bars may operate in compliance with the protocols established by the authorities for culinary and tourism activ[...]Santo Domingo Metro gets 6 more trains
Economy June 30, 2020 | 11:07 am
Santo Domingo.- The last six wagons of the Santo Domingo Metro were shipped this Tuesday from the port of Vigo, Spain, according to the Transport Reorganization Office (Opret). With the new wagons [...]25,000 jobs at risk, shuttered casinos warn
Economy June 30, 2020 | 8:49 am
Santo Domingo.- Representatives of the Dominican of Gambling Casinos Association complained Monday that the authorities maintain that sector without a confirmed date for the restart of its operations,[...]Dominican exports fall 8.47% to US$3.7B
Economy June 30, 2020 | 8:32 am
Santo Domingo.-Dominican Republic exports reached US$3.7 billion between January-May, a fall of 8.47% when compared to the same period in 2019, when US$4.1 billion were exported. According to the p[...]Who are the Richest Entrepreneurs in Central America and the Dominican Republic?
Economy June 29, 2020 | 4:05 pm
The role of millionaires will be crucial to reverse poverty
Most optimistic Dominican economic growth forecast: 0%Economy June 29, 2020 | 11:36 am
Santo Domingo.- The health crisis caused by the coronavirus has compromised the main economies of the world. The Dominican Republic has not been the exception, in fact, the most optimistic forecast[...]Manager says Punta Catalina power plant at 95% capacity
Economy June 29, 2020 | 9:42 am
Santo Domingo.- On Saturday morning both units of the Punta Catalina Power Plant were supplying a total of 715.2MW, according to its general manager Jaime Aristy Escuder. He said at 7:17am the unit[...]DR has opportunity to attract foreign investment due to COVID-19
COVID-19 June 26, 2020 | 4:02 pm
The Dominican Republic has the opportunity to attract foreign investment from multinationals that will seek to have their factories close to the United States due to the COVID-19 pandemic. This was[...]All fuel prices rise in DR, except Natural Gas
Economy June 26, 2020 | 3:36 pm
Santo Domingo.- The Ministry of Industry, Commerce, and MSMEs reported today the increase in the price of all fuels for the week of June 27 to July 03. Premium Gasoline will sell[...]Héctor Valdez Albizu projects rapid economic recovery for Dominican Republic
Economy June 26, 2020 | 1:30 pm
Activities. GDP will grow 0% this year; It will do better than other countries. Foreign exchange. The BC has injected $ 3.3 billion into the system.
<[...]Dominican Republic approves protocol reopens airports
Economy June 26, 2020 | 10:55 am
Santo Domingo.- The Civil Aviation Board (JAC) on Friday approved the corresponding protocol to reactivate air services in the Dominican Republic. It said that to face the pandemic it establishes m[...]New natural gas pipeline supplies major power plants
Economy June 26, 2020 | 10:15 am
Santo Domingo.- The Gasoducto del Este successfully completed the first interconnection section with the Quisqueya I and Quisqueya II power plants, totaling 450 megawatts, complying with their natural[...]Dominican Republic tax revenue plummets 37.7% to US$600.0M in May
Economy June 26, 2020 | 7:58 am
Santo Domingo.- In May tax revenue stood at RD$34.8 billion US$600.0 million), with which the fall deepened precisely in the month in which the government decided to start the de-escalation process. [...]Central Bank highlights fundamentals of Dominican economy remain strong despite COVID-19 crisis
Economy June 25, 2020 | 3:10 pm
Governor bets on the future with optimism, giving priority to employment and income of the population
After sharp decline, manufacturing rebounds in May
Economy June 25, 2020 | 9:53 am
Santo Domingo.- The Monthly Manufacturing Activity Index (IMAM) of the Dominican Republic Industries Association (AIRD) rebounded in May 2020, after the sharp decline in March and April, falling from [...]Dominican Republic debt tops US$38.3B
Economy June 25, 2020 | 7:31 am
Santo Domingo.- The Dominican Government has contracted US$2.4 billion in debt between January and May of this year and the State's credit commitments account for 41.7% of the country's GDP, according[...]EverGo announces 76 charging stations for electric autos
Economy June 24, 2020 | 12:16 pm
Santo Domingo.- InterEnergy Systems, through the EverGo brand, will increase by 48% for next July, its charging stations installed nationwide, to promote sustainable electric mobility, in alliance wit[...]Economy can again grow 5% by 2021: Central Banker
Economy June 24, 2020 | 9:58 am
Santo Domingo.- Central Banker Héctor Valdez Albizu, on Wed. said the economy has the ability to return to its growth potential of around 5% by 2021, although it will depend on the mitigation of the [...]More than 150,000 lost jobs due to Covid-19 pandemic in DR
COVID-19 June 23, 2020 | 11:03 am
Abreu warns with suspension extension layoffs will increase. The most affected employees are young people between the ages of 20 and 39 from different sectors.
