Economy

Economy October 18, 2022 | 11:27 am

Government proposes a social pact to allow for national wage adjustments

Luis Miguel De Camps, Minister of Labor, stated today that the government is working to find a permanent solution to the wage issue through a social pact that ensures decent wages and decent work for the country's working class. "At various times, we have already pointed out, as President Luis Abinader said, the intention of the government sector to build a social p... Read more

Foreign film productions have contributed nearly US$400 million to Dominican economy since 2021

The United Kingdom increases the financial facilities for the Dominican Republic to 3 billion pounds

InterEnergy announces US$1 billion investment for decarbonization

Fuel prices stay the same

42.5% of businesses struggle to find qualified applicants to fill open positions

The Tourism Cabinet continues to “relentlessly” promote tourism

Director of DGII: The issue of taxing Airbnb is “on pause”

Over the coming year, the Central Bank will increase its borrowing

Total imports grew by 35% in the first eight months of 2022

Merchants claim that they have experienced an increase in electricity rates of between 200 and 300%

ICO: Coffee producers must innovate to face climate change

Total Eren enters the Dominican renewable energy market

Oil “is the least crucial factor” in determining fuel prices, according to Bisonó

Over the past 27 months, the peso has appreciated by 8.75% against the dollar

Dependence on imports delays the Dominican Republic’s reduction in inflation

Buy car in DR

The United States will provide three million dollars to finance an agricultural project in the Dominican Republic

The Central Bank raises its interest rate 25 points and takes it from 8 % to 8.25 %

Prices of all fuels will remain the same during this week

Agriculture and four other ministries will have less budget in 2023, according to project

Losses in the agricultural sector could exceed RD$2 billion

Payment of 10 dollars to Dominican passengers and resident foreigners eliminated

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