Economists and businessmen are worried about debt pace of DR
Economy August 7, 2019 | 10:54 am
The country's consolidated public debt amounts to US $ 44,508.3 million They understand that the country must address the issue in the context of a fiscal pact[...]Altice says early morning maintenance could disrupt service
Economy August 6, 2019 | 4:02 pm
Santo Domingo.- The telecom Altice Dominicana on Tuesday told its customers via text message that the mobile network will be under maintenance during the early hours of August 7 and 13 this year, so t[...]Dominican Shippers wager on sustainability
Economy August 6, 2019 | 2:55 pm
Santo Domingo.- In order to provide options to the Dominican economy on how to reduce the negative impact of industrial operations in different ecosystems, the Dominican Republic Shippers Association [...]Labor unions to picket hotel at Punta Cana over 20+ layoffs
Economy August 6, 2019 | 12:02 pm
Santo Domingo.- The labor unions grouped in the CNTD on Tuesday called on the Ministry of Labor, the Dominican Hotels and Tourism Association (Asonahores) and the Tourism Ministry to intervene in the [...]Exporters to host training program Sept. 2 to 6
Economy August 6, 2019 | 10:08 am
Santo Domingo.- The Dominican Exporters Association (Adoexpo) on Mon. announced that from September 2 to 6, a training program will be provided with the Italian specialist, teacher and writer Nicola M[...]The need for Haitian labor makes controls a pipe dream
Economy August 6, 2019 | 9:30 am
San Juan de la Maguana, Dominican Republic.- . Migratory controls to stop the entry of undocumented Haitians are a virtual pipe dream, because their presence is essential for agro, using traditional, [...]Agro chief opposes push to raise the price of milk
Economy August 6, 2019 | 8:13 am
Santo Domingo, - Agriculture minister, Osmar Benítez, on Mon. said he will not play politics, and that he’s not a politician, to accept the proposal to raise the price of milk to 30 pesos on the fa[...]Economic activity posts sluggish growth in first half
Economy August 6, 2019 | 7:45 am
Santo Domingo.- During January to June 2019 economic activity, measured by the Monthly Economic Activity Indicator (IMAE) shows growth lower than in 2018 and similar to 2017, according to Regional Cen[...]Santo Domingo Beltway 70%+ done, ‘finished’ by yearend
Economy August 5, 2019 | 10:32 am
Santo Domingo.- The Public Works Ministry on Sun. announced that the construction of the 20.8-kilometer, Section 2B of the Santo Domingo Beltway is more than 70% complete, and expects to finish it by [...]Dominican Govt. income jumps 10.3% to US$6.5B in first half
Economy August 5, 2019 | 7:48 am
Santo Domingo.- For the January-June period of 2019, Government income was RD$333.6 billion (US$6.5 billion), including donations, a 10.3% jump (RD$31.1 billion) compared to the same period the previo[...]Diesel, gasoline rise again, gases unchanged
Economy August 2, 2019 | 3:28 pm
Santo Domingo.- For the week from August 3 to 9, a gallon of Premium Gasoline will cost RD$233.10, up RD$2.20. Regular Gasoline will cost RD$218.20, increases RD$2.10. Regular Diesel reaches RD$[...]Trade with China jumps 44.1% to US$1.4B in first half
Economy August 1, 2019 | 6:06 pm
Santo Domingo.- Trade between China and the Dominican Republic was US$1.4 billion in the first six months, a 44.1% jump, said Chinese ambassador Zhang Run. He said with the confidence in the countr[...]Dominican Republic-Commonwealth trade from 2014 to 2018 tops US$14.6B
Economy August 1, 2019 | 5:29 pm
Santo Domingo.- Trade between the Dominican Republic and the British-led Commonwealth from 2014 to 2018 reached US$14.6 billion, with a surplus for the Caribbean nation. Dominican Republic Export a[...]Medina appoints new Economy Minister
Economy August 1, 2019 | 11:50 am
Santo Domingo.- President Danilo Medina on Thursday swore in, Juan Ariel Jiménez Núñez as the new Economy, Planning and Development Minister. Jiménez Núñez was appointed by executive order [...]EU 82M euros to improve the East’s response to climate change(Correct)
Economy August 1, 2019 | 10:21 am
Correct amount 82 million euros. Santo Domingo.- The Environment Ministry and the European Union on Wed. agreed to enact a program in the Miches River Basin, eastern El Seibo province to improve th[...]Builders can access US$102M for housing projects
Economy August 1, 2019 | 8:44 am
Santo Domingo.- The Central Bank on Wed. announced flexible measures to access the funds released from the bank reserve to finance, through interim loans, the construction of housing projects. The [...]ECLAC growth forecast: Dominican Republic 5.5%
Economy July 31, 2019 | 4:29 pm
Santiago de Chile.- The Economic Commission for Latin America and the Caribbean (ECLAC) on Wed. rolled back its growth forecast for the region to 0.5% this year, due to a complex international scenari[...]Economy to grow 5% in 2019, top official
Economy July 31, 2019 | 2:34 pm
Santo Domingo.- Economy minister Isidoro Santana on Wednesday said the country's economy continues to grow in 2019, estimated at around 5% by yearend. He noted however that although the growth will[...]Coal-fueled power plants could harm tourism, US expert warns
Economy July 31, 2019 | 11:16 am
Santo Domingo.- At the conference he led recently in the city of Baní (south), American expert, Ernie Niemi, warned that the use of coal to generate electricity could affect the country’s tourism a[...]Easy, cheap money creates a ‘parallel exchange rate’
Economy July 31, 2019 | 9:48 am
Santo Domingo.- Regional Sustainable Economic Strategies Center (CREES) executive vice president Ernesto Selman, on Tues. that the new, “easy and cheap” money that the Central Bank has released as[...]