Dominicans’ Pension Fund tops US$10.1B, 12% of GDP
Economy July 31, 2019 | 7:53 am
Santo Domingo.- Dominican Pension Fund Administrators Association (ADAFP) president, Kirsis Jáquez on Tues. said Social Security in the Dominican Republic is a reality and that more than 3.8 million [...]Imports top US$8.4B to June, paced by fossil fuels
Economy July 30, 2019 | 2:06 pm
Santo Domingo.- Imports of goods and services in the first five months topped US$8.4 billion, paced by fossil fuels, mineral oils, products of their derivatives, bituminous materials and mineral waxes[...]Chinese interested in making investment in Constanza
Economy July 30, 2019 | 6:46 am
The Dominican-China Chamber of Commerce and the People's Republic of China Mission in the country held a meeting with the agricultural and tourism clusters, as well as independent entrepreneurs,[...]They finance US $ 69.6 million for several projects in the North
Economy July 30, 2019 | 6:40 am
The General Director of Multilateral Cooperation, Ambassador Antonio Vargas Hernández, informed that the Ministry of Public Works and Communications (MOPC) and the National Housing Institute (I[...]Punta Cana’s ambitious recycling by the numbers
Bavaro & Punta Cana July 29, 2019 | 4:37 pm
Punts Cana.- From 2011 to 2018, the company Ecoservices Dominicana has collected around 30,000 tons of recyclable waste from just 30 percent of the hotels that have adopted the conscious management pr[...]Political manipulation stagnates agro sector
Economy July 29, 2019 | 1:03 pm
Santo Domingo.- Agribusiness leader Manuel Castillo Pimentel on Mon. labeled Dominican Republic’s agriculture as stagnant, because in his view the sector is politically manipulated. Castillo, a l[...]Dominican Gov. had better not ignore slump indicators, industries warn
Economy July 29, 2019 | 11:14 am
Santo Domingo,.- The Herrera National Companies and Industries Association (ANEIH) on Fri. called on the Dominican Government not to neglect, and continue its actions to counter the slowdown indicator[...]IDB: unilateral nixing of free trade pact could stun region
Economy July 29, 2019 | 10:28 am
Santo Domingo.- The unilateral revocation of the Free Trade Agreement between the United States, Central America and the Dominican Republic (DR-Cafta) and its agreement with Panama would have a negati[...]China looks to Dominican highlands for trade, investment
Economy July 29, 2019 | 9:31 am
Constanza, Dominican Republic.- The Dominican-China Chamber of Commerce and the Chinese Mission in the country held a meeting with leaders of the agro and tourism clusters, and business leaders as wel[...]Web advertising jumps to US$10.8,B displaces all others
Economy July 29, 2019 | 8:57 am
Santo Domingo.- The increase in online users is modifying consumption and advertising investment in the country. Studies show that more and more companies choose to place advertising in Web media, [...]Big business heaps praise on Medina
Economy July 26, 2019 | 2:39 pm
Santo Domingo.- National Private Enterprise Council (CONEP) president Pedro Brache, on Fri. labeled president Danilo Medina’s accomplishments as brilliant and of great impact for the country, for [...]All fuel prices rise, except natural gas
Economy July 26, 2019 | 12:18 pm
Santo Domingo.- The govt. posted the fuel prices for the week from July 27 to August 2: Premium Gasoline RD$230.90 per gallon, rises RD$3.50. Regular Gasoline RD$216.10, increases RD$2.80. Re[...]US$674.5M from bank reserve boosts credit: Central Bank
Economy July 26, 2019 | 9:09 am
Santo Domingo.- The Central Bank on Thurs. told the economic agents and the public that its recently adopted monetary policy measures, which include the release of RD$34.4 billion (US$674.5 million) f[...]Dominican Republic gets a US$50M loan to reduce disaster risk
Economy July 26, 2019 | 7:21 am
Santo Domingo.- The Dominican Government on Thurs. signed a loan agreement with the European Investment Bank for US$50 million to carry out public works improvement projects to reduce disaster risk. [...]Americans should invest in NW port: US envoy
Economy July 25, 2019 | 5:04 pm
Manzanillo, Dominican Republic.- Dominican Port Authority director, Víctor Gómez, and United States ambassador Robin S. Bernstein, on Thurs. toured Manzanillo Port, Montecristi province (northwest),[...]Collections to July jump 10%+ to US$5.6B: taxman
Economy July 25, 2019 | 12:57 pm
Santo Domingo.- Internal Taxes director, Magín Díaz, on Thurs. said that at the end of July, collections jumped over 10%, or RD$288.0 illion (US$5.6 billion), “which reflects that the measures aga[...]US regains direct foreign investment crown with US$23.2B
Economy July 25, 2019 | 11:53 am
Santo Domingo.- The United States regained its leadership as the top source of direct foreign investment (DFI) to the Dominican Republic, a repositioning driven by the majority capital contributed bet[...]Dominican Republic: an ideal destination for real estate investment
Economy July 25, 2019 | 10:26 am
Press Release Bogotá, Colombia. July 2019. – Dominican Republic has become one of the markets with major growth in real estate sector. This is, in a large part, thanks to the Dominican economic [...]UK-Dominican trade topped US$107M in first 4 months
Economy July 25, 2019 | 9:33 am
Santo Domingo.-- In the first four months of 2019, trade between the Dominican Republic and the United Kingdom topped US$107 million, of which US$35.8 million correspond to the country's exports to th[...]Bernstein tours Dominican Northwest
Economy July 25, 2019 | 8:27 am
Santo Domingo.- US ambassador, Robin S. Bernstein, visited the country’s northwest on Wednesday, and met with local leaders and volunteers, the US embassy said on the social networks. Several t[...]