Work will depend on robotics in the not-too-distant future
Economy May 7, 2019 | 9:51 am
Santo Domingo.- It’s no secret that in the not-too-distant future traditional work will depend a lot on robotics. Although this is something that worries some, the positive side is that these cha[...]Medina orders purchase of local agro products without middlemen
Economy May 7, 2019 | 8:29 am
Santo Domingo.- President Danilo Medina on Monday issued an executive order which, among other measures, orders the "exclusive" purchase of domestic agro products directly from producers without inter[...]No paperwork, no cash to renew residence
Economy May 6, 2019 | 12:57 pm
Santo Domingo.- No more paperwork to renew temporary and permanent residence as of May 8, when it will be processed exclusively online through the Immigration Directorate website, the agency said on[...]Medina supports Haas avocado project in the highlands
Economy May 6, 2019 | 10:38 am
Constanza, Dominican Republic.- President Danilo Medina on Sun. met with the Constanza Agricultural Association (Asagrocons), in La Vega to promote the planting of Hass avocado, the world’s leading [...]Unions tell business, forget push to nix severance pay
Economy May 6, 2019 | 9:59 am
Santo Domingo.- Unions Federation (CNUS) president Rafael (Pepe) Abreu, on Sun. said the issue of the Labor Code reform should be shelved because it has “no way out.” Abreu said the topic shoul[...]Dominican Republic tourism thrives despite rough waters
Economy May 6, 2019 | 7:39 am
Santo Domingo.- The arrival of more tourists from the United States, Canada and Panama compensated for the decline in the number of visitors from Europe and South America. Central Bank data show th[...]All fuel prices rise again, except natural gas
Economy May 3, 2019 | 3:37 pm
Santo Domingo.- The Industry and Commerce Ministry on Fri. again posted higher fuel prices for the week from May 4 to 10, when premium gasoline will cost RD$244.70 per gallon, or RD$1.90 more and regu[...]Santiago pays taxes big time; demands investment in kind
Economy May 3, 2019 | 11:33 am
Santiago.- The country's 2nd biggest city and the Cibao region remain firm in their demand for higher Government investment for that part of the country, in keeping with its fiscal contribution to the[...]No qualified professionals to be found, industries warn
Economy May 3, 2019 | 9:55 am
Santo Domingo.- Representatives of the main business organizations on Thurs. warned that just like the free zones, the industries find it impossible to get qualified professionals in engineering, ch[...]Dominican Republic must ‘bury’ US$3.9B cost of red tape
Economy May 3, 2019 | 8:22 am
Santo Domingo.- Govt. red tape is to blame for part of the failure of some micro, small and medium businesses , hurdles that are holding back the entrepreneurial capacity of Dominican citizens. N[...]New parking fees at Las Americas International Airport
Economy May 2, 2019 | 4:58 pm
Santo Domingo.- Airports management contractor Aerodom on Thurs. announced new parking fees at Las Americas International Airport, as of Monday, May 6. It said the new rates will provide better ser[...]Trade takes China and Dominican Republic from new friends to good friends
Economy May 2, 2019 | 1:17 pm
Mexico.- Chinese ambassador to Dominican Republic, Zhang Run on Wed. labeled said that in just one year China-Dominican relations have accelerated from the start-up phase to brilliant success, Xinhua [...]Milestone: Internal Taxes receives first Electronic Tax Receipt
Economy May 2, 2019 | 8:04 am
Santo Domingo.- Internal Taxes (DGII) on Wed. received the first Electronic Tax Receipt (e-CF) issued by one of the companies participating in the pilot program. Agency director Magín J. Díaz sai[...]New York State program benefits thousands of Dominican immigrants
Economy May 1, 2019 | 5:20 pm
Santo Domingo.- Thousands of Dominican immigrants living in New York will benefit from the program that will be enacted by governor, Andrew Cuomo, which will offer free legal and essential services th[...]Govt. cedes US$182M to renewable energy
Economy May 1, 2019 | 1:22 pm
Santo Domingo.- Since enforcement of Law 57-07 on Incentive to the Development of Renewable Sources of Energy and its Special Regimes, the State hasn’t collected around US$182 million in tax breaks [...]Expert puts numbers on Santiago’s construction boom
Economy April 30, 2019 | 11:56 am
Santiago. - The Cibao Savings and Loans Association (ACAP) described for north region builders the perspective of the country's economy for 2019 and the opportunities for their sector. The economis[...]Manufacturing climbs 5.6% in March, highest since 2016
Economy April 30, 2019 | 11:08 am
Santo Domingo.- The Dominican Industries Association's (AIRD) Monthly Manufacturing Activity Index (IMAM) climbed 5.6%, from 55.1 to 60.7 in March, the highest performance for that month since 2016 . [...]GDP per capita rose by 5.9% to US$7,918: Central Bank
Economy April 30, 2019 | 10:12 am
Santo Domingo.- The GDP per capita rose by 5.9% at yearend 2018, standing at US$7,917, according to data from Dominican Republic's Central Bank. It's the highest increase in the last seven years, i[...]Officials eye boost in Dominican-Puerto Rican tourism, air transport
Economy April 30, 2019 | 9:07 am
Santo Domingo.- To boost tourism and promote air transport competitiveness between the Dominican Republic and Puerto Rico, Dominican Civil Aviation (JAC) president Luis Camilo, met with Puerto Rico Se[...]A year of China ties: Dominican exports double, sky high trade deficit
Economy April 30, 2019 | 7:41 am
Santo Domingo.- One year after diplomatic relations between the Dominican Republic and China, local exports to the Asian country doubled the figure in 2017. According to Trade Map's international s[...]