Economy February 12, 2015 | 4:39 pm
Santo Domingo.- The Central Bank on Thursday said January prices were -0.19% lower than December, the fourth consecutive month with negative inflation in the general price index.
It said infl[...]
Economy February 12, 2015 | 9:34 am
Cotui, Dominican Republic.- Barrick Pueblo Viejo on Wednesday said it exported US$1.5 billion in dore ingots -a gold-silver alloy- in 2014, while the Dominican government’s cut was US$414.0 milli[...]
Economy February 12, 2015 | 8:56 am
Santo Domingo.- Central banker Hector Valdez Albizu on Wednesday said interest rates could climb as the Banks Association (ABA) warned Tuesday, after the announced injection of dollars to brake its[...]
Economy February 11, 2015 | 5:38 pm
Santo Domingo.- Public Works minister Gonzalo Castillo on Wednesday announced the opening of several major highways and roads in the coming days, located in the Cibao and South regions and Santo Do[...]
Economy February 11, 2015 | 9:42 am
Santo Domingo. - Claro telecom service provider CEO Oscar Peña on Tuesday announced RD$11.0 billion (US$244.4 million) investment in 2015 and around RD$35.0 billion during the next 3 years.
Economy February 11, 2015 | 8:51 am
Santo Domingo.- Dominican Republic’s banks grouped in ABA on Tuesday warned that the 2 percentage point jump in their reserve requirements announced by the Central Bank Monday could lead to highe[...]
Economy February 10, 2015 | 10:34 am
Santo Domingo,- Santo Domingo mayor Roberto Salcedo on Monday announced that the icon Mercado Nuevo market will be rebuilt at a cost of around RD$800 million and the area around the bustling Duarte[...]
Economy February 10, 2015 | 8:16 am
Santo Domingo.- The Central Bank will start exchange market injecting between US$150 and US$200 million today Tuesday to halt a surprising jump in the dollar rate, now above RD$45.
Economy February 9, 2015 | 8:32 am
Santo Domingo.- Industry and Commerce minister José Del Castillo on Sunday said Dominican Republic needs to continue diversifying energy and fuel markets, and said he supports the construction[...]
Economy February 6, 2015 | 12:13 pm
Santo Domingo.- The head of the Industry and Commerce Ministry’s Foreign Trade Office (DICOEX) on Thursday hailed the Swiss government’s recent decision to await the outcome of the World Trade[...]
Economy February 6, 2015 | 11:45 am
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from February 7 to 13, when premium gasoline will cost RD$196.70, for an increase of RD$3.90; regula[...]
Economy February 6, 2015 | 10:35 am
Santo Domingo.- State-owned Electric Utility (CDEEE) CEO Ruben Jimenez Bichara on Thursday rebuffed the criticism that the two coal plants the government builds at a cost of US$2.0 billion is a “[...]
Economy February 6, 2015 | 10:01 am
Santo Domingo.- The French Development Agency (AFD) on Thursday announced a US$210 million soft loan to collaborate with the zoning and urban mobility in Santo Domingo Este.
Economy February 5, 2015 | 10:05 am
Santo Domingo.- The Government will soon start construction on two small mills to produce whole sugar (panela) and plant around 1,900 hectares of sugarcane at a cost of RD$944.0 million, to relaunc[...]
Economy February 5, 2015 | 9:21 am
Santo Domingo.- While Dominican Republic spends more than US$2.0 billion to build two coal plants, international energy expert José Luis Cordeiro calls the investment is a historic mistake sin[...]
Economy February 5, 2015 | 8:42 am
Santo Domingo.- The Labor Ministry on Wednesday banned checks of credit history of a person as a criteria for companies to give a job.
Resolution 02/2015 dated February 2 says the practice of[...]
Economy February 4, 2015 | 11:32 am
Santo Domingo.- The Immigration Agency will enforce the Foreigner Naturalization Law 169, after the extension issued last expired Sunday, director José Ricardo Taveras announced Wednesday.[...]
Economy February 4, 2015 | 9:40 am
Santo Domingo.- With support by Dominican Republic’s Export and Investment of Center (CEI-RD), the Roundtable of Commonwealth Countries in the Dominican Republic and the Chambers of Commerce Fed[...]
Economy February 4, 2015 | 9:06 am
Santo Domingo.- Dominican Republic’s State-owned Electric Utility (CDEEE) on Tuesday admitted in court that it lacks the legal documents to use the land where it builds two coal-fired plants at P[...]