Economy

Economy April 3, 2017 | 12:14 pm

Businesses ‘cry out to heaven’ over 20% wage hike

Santo Domingo.- The business sector has "cried out to heaven" over the National Wage Committee's decision to increase some salaries as much as 20%, more than double what management proposed, and warns that that it could lead to massive layoffs and informal jobs. The Industries Association, the Small and Medium Business Federation will seek an injunction at the Superior Arbitration Court until t... Read more

20% wage hike means massive layoffs, bankruptcy, employers warn

Labor, Gov. set US$329.0 top minimum wage; management pouts

Gasoline, diesel up, propane down, natural gas unchanged

Industries agree with wage hike, but SMEs weigh

ECLAC lays out framework for building a competitive Caribbean economy

GoldQuest confirms two new gold systems in Dominican SW

Officials find ‘serious’ morass at gas stations

Management proposes 15% wage hike; labor calls it a pittance

Dollar crunch: moneychangers complain of being shut out

Project aims to boost water flow in major basins

IMF Executive Board concludes 2017 Article IV Consultation with the Dominican Republic

Central Bank says dollar rate calm after US$275.0M fix

Medina pledges RS$40.0M to fund strawberry growers

Shipper announces additional trailer service to Santo Domingo

No reason to get spooked over dollars, business leader says

Buy car in DR

Gasoline up, propane down, all other fuels stay put

Labor chief says all wages are too low

Customs will require invoice on goods brought via couriers

Dominican Republic increases tax revenue: report

Dominican Republic-Haiti pact aims to halt smugglers, tax dodgers

International reserves fall 6.08% as dollar rate sees pressure   

Search Economy