Cuban, DR officials agree to protect the environment with a regional focus
Economy April 3, 2019 | 4:53 pm
Santo Domingo.- The Environment Ministry and Cuba's vice-ministry of Science, Technology and Environment on Wed. agreed to cooperate for the protection of the environment with a regional focus. Env[...]Conclave seeks to protect and regulate commercial use of sharks and rays
Economy April 3, 2019 | 11:58 am
Santo Domingo.- Dominican Republic's Environment and Natural Resources Ministry on Wed. hosted the "Latin America and Caribbean Regional Workshop CITES Pre-CoP18" to discuss new proposals for inclus[...]Sluggish economic trend concerns experts
Economy April 3, 2019 | 9:59 am
Santo Domingo.- The current economic slowdown concerns economists of the State University UASD, who cautioned that if the trend continues, growth would reach only 4% by 2023. "If by 2023 the econom[...]Rum makers to fight tax dodgers, booze black market
Economy April 3, 2019 | 8:15 am
Santo Domingo.- Rum distillers on Tue. praised Internal Taxes' (DGII) high security measure to combat evasion and the black market in alcohols, beers and cigars, through the "Control and Trazabiliza[...]Dominican Republic eyes grid fix with US$600M from China
Economy April 3, 2019 | 7:45 am
Santo Domingo.- The draft for the US$600 million financing agreed with China's government last November in Shanghai to be used to rebuild the electricity grid isn't ready yet. They're working on it[...]Dominican banks on solid footing: Fitch Ratings
Economy April 2, 2019 | 5:02 pm
Bogota.- Fitch Ratings has published a dashboard on the performance of the largest Dominican banks for year-end 2018 (YE18). "Favorable economic performance, sound liquidity across the system, and [...]US, Argentina, Jamaica, Dominican Republic lead Aviation Security Plan
Economy April 2, 2019 | 4:38 pm
Santo Domingo.- The Dominican Republic will lead along with the United States, Argentina and Jamaica, the fifth strategic objective of the Global Aviation Security Plan (GASeP), cooperation and suppor[...]Dominican regulator notifies Altice of penalties for service crash
Economy April 2, 2019 | 11:34 am
Santo Domingo.- The Dominican telecom regulator (Indotel) on Tues announced that it has notified the telecom company Altice Dominicana, S.A., the Initial Act of Infringement and the other regulations [...]Santo Domingo, Caracas quibble over ‘US$240M’ oil debt
Economy April 2, 2019 | 8:40 am
Santo Domingo.-The country's long-term debt with Venezuela has no arrears and there is no current debt with that country, said Finance minister Donald Guerrero on Mon., regarding the country's status [...]US$660M collected despite 40.23% tax dodge on cigarettes, booze
Economy April 2, 2019 | 8:13 am
Santo Domingo.- Tax evasion in cigarettes and alcoholic beverages has reached 40.23% and though it's been higher in the past, for the authorities it's vital to increase it on some items that posted an[...]Environment launches project to protect the Higüamo River Basin
Economy April 1, 2019 | 3:27 pm
San Pedro, Dominican Republic.- Environment minister, Ángel Estévez, on Monday launched the national project "Integrated Management of Biodiversity, Water and Eco-Systemic Resources of the Higüamo [...]Qatar investors state interest in the Dominican Republic
Economy April 1, 2019 | 2:16 pm
Doha, Qatar.- Dominican ambassador to Qatar, Dr. Federico Alberto Cuello Camillo, affirmed Mon. that seeing a growing interest by Qatar businessmen to invest in the Dominican Republic is "very encoura[...]New power plant already supplies 150+MW to grid: Utility
Economy April 1, 2019 | 12:04 pm
Santo Domingo.- The regular livewire tests of the first unit of the Punta Catalina Power Plant with its intermittent supply to the National Grid (SENI) are occurring without incidents, the State Elect[...]Construction starts for Dominican Republic’s ‘first green building’
Economy April 1, 2019 | 11:15 am
Santo Domingo.- As part of the commitment to sustainable construction, climate change and trends to create better conditions that improve the quality of life of employees, construction has begun on Do[...]Altice announces required compensation from service crash
Economy April 1, 2019 | 8:25 am
Santo Domingo.- The telecom Altice Dominicana on Sun. said it will start the regulatory compensation on Monday in the wake of last week's crash which lasted over 24 hours. "We appreciate and value [...]Santo Domingo Cable Car resumes service today
Economy April 1, 2019 | 8:12 am
Santo Domingo.- The Transport Reform Office (Opret) on Sun. announced that the Santo Domingo Cable Car resumes operations at 6am Monday after being 15 days out of service to undergo maintenance. Th[...]How much does democracy cost in the Dominican Republic?
Economy March 30, 2019 | 8:13 am
The Dominican democratic system, based on the election of its rulers and authorities through an electoral system with the direct vote of the majority, has a price. The cost is contributed by the ci[...]Gasoline rises, propane falls, natural gas stays put, diesel mixed
Economy March 29, 2019 | 4:39 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from March 30 to April 5, when premium gasoline will cost RD$238.40, or RD$3.10 more, and regular gas[...]Agriculture inaugurates a Plant Varieties Registration Office
Economy March 29, 2019 | 4:06 pm
Santo Domingo.- The Agriculture Ministry on Fri. inaugurated the Plant Varieties Registration Office (OREVADO) to guarantee the institutional framework of people who want to develop new vegetable crop[...]Big business, Industries deny push to nix severance pay
Economy March 29, 2019 | 11:09 am
Santo Domingo.- Two business leaders o Thurs. denied heading a push to eliminate the severance pay, the main the unions' main allegation announced yesterday which prompted a walkout from the talks lea[...]