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 García, on Thurs. said the country has achieved success in tourism because it has earned a strong reputation which it has defended in th[...]Business has no reason to challenge wage increase: Govt.
Economy July 11, 2019 | 4:59 pm
Santo Domingo.- Labor minister, Winston Santos, on Thurs. said the business sector has no reason to challenge the rise in minimum wage adopted defined Tuesday by the National Wages Committee, since [...]Over 70 military facilities along the border to get solar panels
Economy July 11, 2019 | 4:25 pm
Santo Domingo.- The National Energy Commission (CNE) and the Defense Ministry on Thurs. agreed to install solar panels on over 70 military facilities, and other Army, Navy and Air Force posts along th[...]Salary hike peeves merchants, announce closures
Economy July 11, 2019 | 1:27 pm
Santo Domingo.- Dominican Merchants Federation (FDC), president Iván García, on Thursday said that due to Tuesday’s decision in the National Wages Committee to raise the minimum wage by 14% with[...]Ferronickel miner says it works to mitigate environmental impacts
Economy July 11, 2019 | 9:12 am
Santo Domingo.- The ferronickel miner Falconbrigde Dominicana works to mitigate the environmental impacts that could result from its operations and announced a visit by the People's Defender Zoila Mar[...]26 companies want to explore, exploit oil and gas
Economy July 11, 2019 | 8:38 am
Houston.- 26 companies from 11 countries, linked to the exploration and exploitation of hydrocarbons, participated in the first oil round sponsored by the Dominican Republic in the US, to draw tender [...]June prices decline -0.18%, paced by transport
Economy July 10, 2019 | 3:16 pm
Santo Domingo.- June prices declined -0.18% compared with May, placing the accumulated inflation in the first half January-June at 1.17%, the Central Bank revealed Wed. “With this result, year-on[...]Ten entities are selected for digital productive chain
Economy July 10, 2019 | 12:22 pm
Santo Domingo.- As part of the Digital Productive Chaining Program (PEPD) by the Dominican Republic Industries Association (AIRD) and the Industry and Commerce Ministry, the companies Nestlé Dominica[...]Environment announces total ban on conch
Economy July 10, 2019 | 11:00 am
Santo Domingo.- The Environment and Natural Resources Ministry on Wed. announced that the seasonal ban on the capture, sale, storage and consumption of conch (lambí) for this year, is in effect from [...]A 10th time: Euromoney taps Popular best Dominican bank
Economy July 10, 2019 | 9:23 am
Santo Domingo.- For the 10th time, the financial magazine Euromoney chose Banco Popular Dominicano as the best bank in the country, highlighting operational excellence and efficiency in its[...]Dominican Republic to tender potential gas and oil sites
Economy July 10, 2019 | 7:33 am
Santo Domingo.- Today begins in Houston, Texas, a round with investors in which the Dominican Government expects to tender 14 blocks of gas and oil in three locations across the country, a process tha[...]Five Dominican, region banks control up to 91.5% of the assets: report
Economy July 9, 2019 | 4:37 pm
Santo Domingo.- The banking activity in Central America and the Dominican Republic is concentrated in a few banks, except Panama for its characteristics as a financial hub, according to the most recen[...]Blackouts, politicking roil retailers
Economy July 9, 2019 | 3:22 pm
Santo Domingo.- The president of Dominican Republic’s retailers grouped in Fenacerd, on Tues. warned that the blackouts and the political crisis are harming business and spawning a lack of will fo[...]Minimum wage climbs 14% in Dominican Republic
Economy July 9, 2019 | 1:53 pm
Santo Domingo.- The minimum wage for the private sector -currently around RD$10,000 (US$200) monthly- will climb 14% retroactive to July 1, according to the agreement reached Tues. between labor and m[...]Dominican Republic, Qatar bolster 19 years of diplomatic ties
Economy July 8, 2019 | 4:11 pm
Doha, Qatar.- Dominican Republic and Qatar on Mon. held the first political consultations on its 19 years of diplomatic relations where they identified five agreements ready to sign and three others i[...]AES Dominicana reiterates energy diversity pledge
Economy July 8, 2019 | 1:58 pm
Press Release Santo Domingo.- AES Dominicana presented its long-term investment strategy in the Dominican Republic in keeping with the national strategy to diversify the energy matrix with natural [...]Dominican-US trade tops US$13.9B in 2018: official
Economy July 8, 2019 | 12:56 pm
Santo Domingo.- Dominican Republic-United States trade topped US$13.9 billion during 2018, the National Statistics Office (ONE) affirmed Mon. The ONE said that 37.55% (US$5.2 billion) corresponded [...]Securities Exchange taps new chief after link to Odebrecht graft case
Economy July 8, 2019 | 10:30 am
Santo Domingo.- Dominican Republic’s Securities Exchange (BVRD) on Fri. chose Joel Santos Echavarría as its new president, after serving as vice president. "From this new role, I reiterate my [...]Medina pledges support to strawberry growers
Economy July 8, 2019 | 10:25 am
Jarabacoa, Dominican Republic.- President Danilo Medina on Sun. announced the Government’s financial support to the 66 members of the Jarabacoa Strawberry Producers Association (ASOPROFREJA). Upo[...]