Workers of new power plant halt strike on payment pledge
Economy April 22, 2019 | 10:14 am
Santo Domingo.- The rank-and-file of the Punta Catalina Power Plant Workers Union (Sintrapunca) will return to their normal tasks today Monday after reaching an agreement with executives of the Odebre[...]Austrian company announces obtaining contract with INTRANT for RD $ 1 billion
Economy April 18, 2019 | 8:35 am
-
The agreement would include the installation[...]
ECLAC op-ed: Forum of the Countries of Latin America and the Caribbean on Sustainable Development
Economy April 17, 2019 | 1:53 pm
Forum of the Countries of Latin America and the Caribbean on Sustainable Development: An Example of Multilateralism and Regional Cooperation
Plague affects avocado production in Cambita, San Cristóbal
Economy April 16, 2019 | 11:08 am
The plague Xylosandrus Compactus has affected avocado production by more than 50% in the communities of Cambita and Valdesia in San Cristóbal province. According to the leader of the National Avocad[...]Economic activity of Easter is among the most substantial of the year
Economy April 16, 2019 | 10:51 am
In addition to the religious activities, during the holiday of Holy Week, an economic impact of billions of pesos is generated in the Dominican Republic, which is comparable to seasons of great commer[...]RD does not expect foreign exchange pressures in the short term
Economy April 15, 2019 | 10:12 am
According to the expectations of the Dominican economic authorities, this year no foreign exchange pressures are expected in the short term. As reported in the Macroeconomic Framework document rece[...]Medina cuts ribbon on scenic road in Central Mountains
Economy April 12, 2019 | 4:26 pm
Jarabacoa, Dominican Republic.- President Danilo Medina on Friday headed the inaugural for the rebuilt Jarabacoa- Manabao-La Ciénaga road of 40 kilometers through the rugged Central Mountains. The[...]Southern province to have a 120MW solar park
Economy April 12, 2019 | 11:28 am
Santo Domingo.- Southern Peravia province will have a 120-megawatt solar park thanks to the company INKIA Energy, which plans to install 120 panels northwest of the city of Bani. That project which[...]China-Dominican trade posts highest growth one year after ties
Economy April 12, 2019 | 8:14 am
Santo Domingo.- China trade with the Dominican Republic posted its highest growth one year after the two nations forged diplomatic relations, Chinese ambassador, Zhang Run, said Thursday. The dipl[...]Dominican Republic Govt. caves to pressure over severance pay
Economy April 12, 2019 | 7:34 am
Santo Domingo.- The Dominican government on Thur. said it will send to Congress a bill to eliminate the Dominican Social Security Institute (IDSS), but which excludes any mention of the severance pay.[...]UN body trims LatAm, Caribbean economic growth projection
Economy April 11, 2019 | 5:05 pm
Press Release Santiago.- The Economic Commission for Latin America and the Caribbean (ECLAC) updated its economic growth projections for the region's countries in 2019 and slightly trimmed its regi[...]Union’s electric taxi fleet to charge 30% less
Economy April 11, 2019 | 1:23 pm
Santo Domingo.- National Transport Union (CNTU) leader Williams Pérez Figuereo on Thurs. launched a fleet of electric vehicles that provide taxi services at 30% lower for riders. "The incursion of[...]Dominican stock exchange hails milestone US$160M IPO
Economy April 11, 2019 | 9:40 am
Santo Domingo.- Dominican Republic's Bolsa de Valores (BVRD, stock exchange) on Wed. praised the approval of the Initial Public Offering (IPO) of fiduciary securities of the dairy company Pasteurizado[...]Top official: economy grew 5.9% in first two months
Economy April 11, 2019 | 9:05 am
Santo Domingo.- Economy minister, Isidoro Santana, on Wed. said the Dominican economy grew faster in the first two months than in the same period last year, that inflation is within "expected paramete[...]Banks mull progress in Foreign Currency Electronic Trading Platform
Economy April 11, 2019 | 8:30 am
Santo Domingo.-- Central banker, Héctor Valdez Albizu, and the treasurers of multiservice banks on Wed. evaluated the progress in the implementation of the Foreign Currency Electronic Trading Platfor[...]New dean to bolster Consular Corp; praises boost to trade ties
Economy April 10, 2019 | 4:41 pm
Press Release Santo Domingo.- The new dean of the accredited Consular Corps in the Dominican Republic, Clara Reid de Frankenberg, highlighted the role, which she considered invaluable, that honorar[...]Lima pushes Peru-Dominican ‘wide scope ‘free trade pact
Economy April 10, 2019 | 3:58 pm
Lima.- Peru's government works to materialize a Free Trade Agreements with five countries on a wide scope, Foreign Trade and Tourism minister, Edgar Vásquez told Xinhua. According to the senior of[...]Flap over severance pay trumps push for wage hike
Economy April 10, 2019 | 11:59 am
Santo Domingo.- Unions Federation (CNUS) president Rafael (Pepe) Abreu, said on Wednesday that the trade unions are not going to allow the severance pay to be "stripped" from the country's workers. [...]New power plant puts out 215MW continuously
Economy April 10, 2019 | 8:16 am
Santo Domingo.- The Punta Catalina Power Plant generates 215 megawatts continuously since Monday, State Electric Utility (CDEEE) CEO Ruben Jimenez Bichara affirmed Tuesday. Speaking at ribbon-cut[...]IMF walks back Dominican Republic growth from 5.5% to 5.1%
Economy April 9, 2019 | 4:29 pm
Washington DC.- The International Monetary Fund (IMF) estimates that the Dominican Republic will grow 5.1% this year and that consumer prices will climb 1.4% by yearend 2019, according to its latest r[...]
-