Medina taps consuls in China as trade tops US$2.7B
Economy July 4, 2019 | 5:16 pm
Santo Domingo.- President Danilo Medina on Thurs. ordered the creation of two consulates in China. With executive order 248-19 Medina creates a consulate in Shanghai and another in Hong Kong. Ro[...]Labor, management fail to reach wage hike pact again
Economy July 4, 2019 | 3:19 pm
Santo Domingo.- After almost four hours holding meetings separately, employers and workers’ unions on Thurs. concluded talks over the salary increase without reaching an agreement. The nearly 10<[...]Dominican passport becomes ‘less powerful’
Economy July 3, 2019 | 3:07 pm
Santo Domingo.- The annual ranking of Henley Passport Index ranks the Dominican Republic at 81st place among the "most powerful" passports in the world, determined by the ability of the official docum[...]Customs announces deadline to register as an online dealer
Economy July 3, 2019 | 10:52 am
Santo Domingo.- The Customs Directorate on Tues. said it spreads a broad campaign on the Single Customs Registry (RUA), as the deadline of six months established in Rule 01-2018 approaches, which will[...]Manufacturing Activity surges from 56.6 in April to 58.9 in May
Economy July 3, 2019 | 10:10 am
Santo Domingo.- The Industries Association’s (AIRD Monthly Manufacturing Activity Index (IMAM)) rose from 56.6 in April to 58.9 in May. Of the index’s five variables, the two most prevalent pos[...]Dominican Govt. convenes foreign envoys to defend tourism sector
Economy July 2, 2019 | 4:57 pm
Santo Domingo.- The Dominican Govt. announced Tues. that it will gather foreign ambassadors on Wednesday to defend its tourism sector, the country's main source of income, after the death of several A[...]22MW power plant goes natural gas in 2020
Economy July 2, 2019 | 4:34 pm
Santo Domingo.- The power company EGE Haina on Tues. announced an agreement with the State Electric Utility (CDEEE) to convert its 225 megawatt Quisqueya 2 power plant to natural gas as of next year. [...]Dominican Rep. to abandon Paris pact on fossil fuel frenzy
Economy July 2, 2019 | 12:03 pm
Santo Domingo.- The National Committee to Combat Climate Change, CNLCC, on Tues. warned that the Dominican Republic will abandon the Paris Agreement on Climate Change, signed in 2015, by bidding off b[...]Altice installs 100 Wi-Fi spots of 600 planned
Economy July 2, 2019 | 9:27 am
Santo Domingo .- Altice Dominicana on Monday announced the installation of 100 additional Wi-Fi spots across the country, as part of an agreement with the State to narrow the digital divide and to inc[...]Deer hunting can be regulated: official
Economy July 2, 2019 | 8:49 am
Santo Domingo.- The Environment Ministry plans to control deer hunting in Monte Plata (east), although no public or private entity has inventoried or studied the animals, which for decades have been s[...]Customs reminds auto importers of 5-year age limit
Economy July 2, 2019 | 8:10 am
Santo Domingo.- The Customs Directorate on Mon. announced that, as every year, on June 30 expired what was established as the period of the "vehicular year," to import used vehicles and, therefore, as[...]Medina off to Panama for president Cortizo’s inaugural
Economy July 1, 2019 | 11:58 am
Santo Domingo.- President Danilo Medina departed 8:06am from the San Isidro Air Base, bound for Panama, to attend the inaugural of president-elect Laurentino Cortizo. The inaugural ceremony will ta[...]Dominican companies make, export biodegradable plastic to Jamaica
Economy July 1, 2019 | 11:13 am
Press Release Santo Domingo.- The president of the Roundtable of the Commonwealth countries in the Dominican Republic, Fernando González Nicolás, on Fri. announced that local companies have start[...]All fuels climb, except natural gas
Economy June 28, 2019 | 12:10 pm
Santo Domingo.- The Industry and Commerce Ministry on Fri. posted the fuel prices for the week from June 29 to July 5, when premium gasoline will cost RD$227.40 per gallon and regular RD$213.30, both [...]Fitch affirms Dominican Republic at ‘BB-‘; Outlook Stable
Economy June 27, 2019 | 7:45 am
Press Release Fitch Ratings - New York - 26 June 2019: Fitch Ratings has affirmed Dominican Republic's Long-Term, Foreign-Currency Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook. A f[...]Humanity’s challenge: reduce plastics pollution
Economy June 26, 2019 | 2:23 pm
Santo Domingo.- It’s advisable to take into account successful experiences in the reduction of plastics pollution and support consensual legislation to regulate the handling and contamination of tho[...]Dominican exports soar from US$6.8B to US$10.9B in just 6 years
Economy June 26, 2019 | 11:38 am
Santo Domingo.- From 2010 to 2018 Dominican exports soared 60% from US$6.8 billion to US$10.9 billion, for an additional US$4.1 billion. Dominican Exporters Association president, Luis Concepción [...]Dominican Republic gets kudos on civil aviation security
Economy June 25, 2019 | 4:47 pm
Santo Domingo.- The Dominican Republic continues to be a paradise in the region, not only tourist attractions, but also the kindness of its people, and its progress on civil aviation security, said In[...]New power plant still out; blackouts surge
Economy June 25, 2019 | 8:36 am
Santo Domingo.- The generation of energy, according to data from the National Grid Coordinator show the Punta Catalina power plant as "available" despite that it generates less than one mega in its te[...]Young business leaders warn against constitutional amendment
Economy June 24, 2019 | 4:28 pm
Santo Domino.- National Young Entrepreneurs Association (ANJE) president Guillermo Julián warned Mon. that bribing congressmen to get votes for another constitutional reform would lacerate the instit[...]