Call centers can create 60K+ but English is lacking
Economy July 22, 2019 | 10:00 am
Santo Domingo.- Dominican Republic’s call centers have the potential to create more than 60,000 jobs in the next five years, limited only by the lack of people fluent in English. “Through this [...]Growth can still reach 5.1% this year: central banker
Economy July 22, 2019 | 9:13 am
San Salvador.-  Dominican central banker, Héctor Valdez Albizu, participated in the 286 Meeting of the Central American Monetary Council (CMCA) in El Salvador, where he touted the Dominican economyâ[...]US, Dominican Rep. start sharing account information
Economy July 22, 2019 | 8:30 am
Santo Domingo.- Internal Taxes (DGII) on Fri. announced the formal entry into force of the Intergovernmental Agreement, United States-Dominican Republic, to Improve International Tax Compliance (IGLA)[...]Political tension affects the country’s economy
Economy July 20, 2019 | 10:39 am
Entrepreneurs understand that there are moments of worry and it is prudent that everyone works to build trust.
The[...]Fuel prices unchanged a 3rd straight week
Economy July 19, 2019 | 2:32 pm
Santo Domingo.- The Industry and Commerce Ministry on Fri. again posted unchanged fuel prices for the week from July 19 to 26, when premium gasoline will cost RD$227.40 per gallon and regular RD$213.3[...]Banana blight puts 72,000 jobs at risk: expert
Economy July 19, 2019 | 12:11 pm
Santo Domingo.- If the bacterial disease "banana wilt" (Marchitez del Banano), which currently puts national production of bananas and plantains at risk, enters Dominican territory, 72,000 direct jobs[...]Bill Clinton visits US$680M power plant in Punta Cana
Economy July 18, 2019 | 3:09 pm
Punta Cana.- Former US president, Bill Clinton, on Wed visited the Punta Cana Macao Energy Consortium -CEPM-, to learn about the infrastructure and the innovative technology that supports the efficien[...]Dominican Republic opens embassy in Qatar
Economy July 18, 2019 | 9:59 am
Doha/Qatar.- Â The Dominican Republic o Wed. opened an embassy in Qatar, during an event headed by deputy foreign minister, Carlos Gabriel GarcÃa, accompanied by the official delegation Garcia not[...]Dominican Republic leads region in making trade easier: WTO
Economy July 18, 2019 | 9:14 am
Santo Domingo.- Dominican Republic is one of the Latin America and the Caribbean countries that has shown strong willingness to enact the World Trade Organization’s (WTO) Trade Facilitation Agreemen[...]Renewables reach 7% of national supply in first half
Economy July 18, 2019 | 8:24 am
Santo Domingo.- The increase in renewable energy projects and their contribution to the National Grid (SENI) continues and for this a group of experts analyzed its perspectives and link to Dominican R[...]Utility: Punta Catalina is supplying 320MW since July 6
Economy July 17, 2019 | 10:26 am
Santo Domingo,- The State Electric Utility (CDEEE) on Wednesday said Unit 1 of the 2-unit Punta Catalina Power Plant is producing energy as a test phase since July 6, with a current supply of 320 mega[...]Big business wants a sweeping review of wage hike
Economy July 17, 2019 | 9:06 am
Santo Domingo.- The National Salary Committee’s (CNS) decision to raise the salary 14% continues to spur reactions including big business, which asked the CNS for a thorough review. In a letter t[...]Govt. announces beltways for 2 southern cities
Economy July 16, 2019 | 3:52 pm
Santo Domingo.- Public Works minister, Gonzalo Castillo, on Tuesday announced that construction will soon begin on the Bani Beltway, Peravia province (south), “which will bring all the communities o[...]Dominican Republic exports growth rate stumbles: think tank
Economy July 16, 2019 | 3:04 pm
Santo Domingo.-The Dominican International Trade Observatory (ODCI) on Wed. said the notable growth of exports throughout 2018 climbed just 4.2% in the first quarter this year, almost half of what it [...]Central Bank makes changes in bills of RD $ 2,000.00 and RD $ 200.00, and the RD $ 25.00 coin
Economy July 16, 2019 | 9:55 am
Santo Domingo, Dominican Republic.-The Central Bank of the Dominican Republic (BCRD) reported that there will be changes in the RD $ 2,000.00 and RD $ 200.00 bills, of the series 2017, as we[...]Push to amend Dominican Republic’s Constitution bad for investment
Economy July 16, 2019 | 7:13 am
Santo Domingo.- Analysts believe that moving forward with the constitutional amendment could have negative consequences for investments, especially after US Secretary of State, Mike Pompeo’s phone c[...]Airports entities announce improved safety, services
Economy July 15, 2019 | 1:40 pm
Sant Domingo.- Airport Security, Civil Aviation (Cesac) and airports manager Aerodom on Mon. agreed to strengthen security and optimize services in the country's terminals, by regulating and maintaini[...]Medina tours construction site of major dam
Economy July 15, 2019 | 8:31 am
Barahona, Dominican Republic.- President Danilo Medina on Sun. supervised the construction work on the Monte Grande Dam that, according to the Government, will have a significant socio-economic impact[...]Fuel prices unchanged a 2nd straight week
Economy July 12, 2019 | 2:00 pm
Santo Domingo.- The Industry and Commerce Ministry posted on Friday unchanged fuel prices during the week from July 13 to 19. In gallons Premium gasoline RD$227.40 Regular gasoline RD$213.30 [...]Foreigners invest in the Dominican Republic ‘for a reason’
Economy July 12, 2019 | 8:59 am
Uvero Alto, La Altagracia.- Tourism minister, Francisco Javier GarcÃa, on Thurs. said the country has achieved success in tourism because it has earned a strong reputation which it has defended in th[...]