• Announcement of USA program to facilitate trade with Dominican Republic

    Economy October 15, 2021 | 2:07 pm

    Improve [...]

  • Remittances, a Dominican lifeline

    Economy October 15, 2021 | 12:02 pm

    Santo Domingo.- People who send remittances to the Dominican Republic do so to meet the needs of their families such as food, studies and medicine, and to create savings for a possible retirement in t[...]
  • Biggest brewery urges return of bottles

    Economy October 15, 2021 | 11:37 am

    Santo Domingo.- The Dominican National Brewery (CDN) appealed this Thursday to the retailers and consumers of its brand to, together with the company, increase the return of bottles to reduce the defi[...]
  • Global eyes observe Dominican tax reform process

    Economy October 15, 2021 | 9:05 am

    Santo Domingo.-In reports prepared this year by international financial entities, the expectations for the execution of the reform or fiscal pact in the Dominican Republic are reflected with a view to[...]
  • Rum producers oppose tax increases

    Economy October 14, 2021 | 1:53 pm

    Santo Domingo, DR

    The Dominican Association of Rum Producers (Adopron) warned that a[...]

  • Dominican leader in no rush to raise taxes

    Economy October 13, 2021 | 11:55 am

    Santo Domingo.- The beginning of the talks between Dominican President, Luis Abinader, with different sectors represented in the National Dialogue to discuss the issue of tax reform, has yet to be set[...]
  • Industries say yes to strategy; no to ‘short-termism’

    Economy October 13, 2021 | 10:37 am

    Santo Domingo.- The business sector of the Dominican Republic demands that the country comply with the National Development Strategy Law to address a fiscal pact and not a reform as the Government is [...]
  • Ambitious hotel project breaks ground in Santiago

    Economy October 13, 2021 | 9:25 am

    Santiago.- Vice President Raquel Peña headed groundbreaking for the construction of Santiago Center, an initiative that will operate on the concept of mixed urban use made up of the Hotel Santiago, a[...]
  • IMF: Dominican Republic economy will grow 9.5% in 2021

    Economy October 13, 2021 | 7:27 am

    Santo Domingo.- The International Monetary Fund (IMF) projects that the Dominican economy will grow 9.5% in 2021, a percentage slightly higher than the 9.1% recently estimated by the World Bank. Th[...]
  • Dominican Customs: Imports jump 40.35% to Aug.

    Economy October 12, 2021 | 11:39 am

    Santo Domingo.- Customs reported that total imports for the period January - August 2021, amount to US$15.3 billion, an increase of 40.36%, in relation to the same period of the year 2020. Accordin[...]
  • Agency to build 10 bridges in small towns

    Economy October 12, 2021 | 11:08 am

    Santo Domingo.- The Presidential Commission for Provincial Development Support (CPADP), will spend more than RD$305.43 million in the construction of ten bridges in different provinces of the country.[...]
  • Dominican Gov. to get US$73.7M for 5G lease

    Economy October 12, 2021 | 10:16 am

    Santo Domingo.- The Dominican State will receive US$73.7 million for awarding Claro and Altice the deployment of 5G. The regulator Dominican Telecommunications Institute (Indotel) will award the Do[...]
  • Icon Dominican beer faces bottle crunch

    Economy October 12, 2021 | 9:45 am

    Santo Domingo.- The Dominican National Brewery reported today that the demand for its flagship product Cerveza Presidente has grown in the period of economic reopening in the current pandemic and the [...]
  • US$1.3B for paving and sidewalks

    Economy October 12, 2021 | 8:27 am

    Santo Domingo.- Public Works Minister, Deligne Ascención, announced a program of reconstruction, paving and patching of streets, construction of sidewalks and gutters in all of Dominican Republic's p[...]
  • Coral reefs generate US$1.1B in Dominican East

    Economy October 11, 2021 | 9:22 am

    Santo Domingo.- The recreational use of the beach, recreational diving, fishing and research related to coral reefs in tourist spots in the country generate more than one billion dollars a year for th[...]
  • Household staples drop in prices

    Economy October 10, 2021 | 12:04 pm

    Vendors and traders of the Merca Santo Domingo, Ciudad Ganadera, and the Mercado Nuevo de la Duarte assured that the primary agricultural products that make up the basic family food basket registered [...]
  • Most fuels go up

    Economy October 9, 2021 | 11:02 am

    The most significant increases are in kerosene, sold at RD$201.40 per gallon up RD$15.70, and fuel oil #6 will be sold at RD$152.20 per gallon up to RD$15.50. For this week, most fuels will go up t[...]
  • What happens when the dollar loses value against the peso?

    Economy October 8, 2021 | 4:27 pm

    Santo Domingo, DR.
    Although the drop in the exchange rate (dollar-peso)[...]
  • Tourism leader among the top 10 most powerful Dominicans

    Economy October 7, 2021 | 4:28 pm


      Dominican Republic to grow 9.1%, but watch deficit

    Economy October 7, 2021 | 7:38 am

    Santo Domingo.- After 2020 in which the local economy fell -6.7%, the World Bank projects that the Dominican Republic will grow 9.1% this year. However, its chief economist for Latin America and th[...]