IMF: Dominican Republic’s economy will grow 5.5%
Economy March 26, 2019 | 7:36 am
Santo Domingo.- The International Monetary Fund (IMF) expects Dominican Republic's economy will grow 5.5 percent this year but warns it could face adverse conditions stemming from a slowdown in the [...]Govt., IDB review public-private partnerships, success stories
Economy March 25, 2019 | 4:52 pm
Santo Domingo.- Government officials and Inter-American Development Bank (IDB) executives met with Dominican Republic private sector associations to discuss the relevance of public-private partnership[...]The Dominican Republic can help Haiti collect its due
Economy March 25, 2019 | 4:20 pm
Port-au-Prince (Le Nouvelliste).- One island, two states, but there is a world of difference between the Republic of Haiti and the Dominican Republic. The socioeconomic disparities, the asymmetry of t[...]Chinese Vice Premiere keeps tabs on pacts signed with DR
Economy March 25, 2019 | 3:15 pm
Santo Domingo.- Nine of the 18 agreements signed in November 2018 by the leaders of China and the Dominican Republic are well advanced, according to Foreign minister Miguel Vargas Maldonado, after con[...]Drought reveals the need to build new dams: expert
Economy March 25, 2019 | 1:22 pm
Santiago.- The drought has exposed the need to build new dams, since the country stores less than 10% of runoff water and less than 25% of its annual demand. To the proposal of at least two reservo[...]Medina, Chinese Vice Premier Hu meet, the Palace mum
Economy March 25, 2019 | 12:27 pm
Santo Domingo.- President Danilo Medina on Monday met with Chinese Vice Premier, Hu Chunhua, as part of an official visit of two days. The Chinese official arrived in the country to follow up on ag[...]Central Bank says the economy grew 5.9% in first 2 months
Economy March 25, 2019 | 12:10 pm
Santo Domingo.- Central Banker, Héctor Valdez Albizu, on Mon. said that the economy posted a growth of 5.9 % during January and February. Valdez Albizu provided the figure after announcing that st[...]Unions say article in Labor Code imperils talks with employers
Economy March 25, 2019 | 8:42 am
Santo Domingo.- National Labor Unions Federation (CNUS) president Rafael (Pepe) Abreu on Sun. warned that the talks between employers and the unions will be broken if the Social Security reform bill i[...]Senior official visits despite China’s ‘predatory’ trade practices
Economy March 25, 2019 | 8:08 am
Santo Domingo.- Accompanied by a delegation of 35 China government officials, Chinese vice premier Hu Chunhua arrived in the country Sun. night and will meet with president Danilo Medina to strengthen[...]Claro: Gov. contractors caused Internet crash
Economy March 25, 2019 | 7:29 am
Santo Domingo.- The telecom Claro on Sun. said that since 2018 Public Works Ministry contractors have caused 40 damages which have affected the company's Internet service. The most recent was the p[...]Dominican immigrants still on top in NYC with 449,338
Economy March 22, 2019 | 4:24 pm
New York.- Dominicans continue to maintain a majority among immigrant groups in New York City, with 449,338 residents for 14.3%, as confirmed by an official report of the office of the mayor titled "S[...]Diesel falls, gasoline rises, gases unchanged
Economy March 22, 2019 | 2:01 pm
Santo Domingo.- The Industry and Commerce Ministry on Fri. posted the fuel prices for the week from March 23 t0 29, when premium gasoline will cost RD$235.30 per gallon and regular gasoline will c[...]New power plant’s supply to the grid continues rising
Economy March 22, 2019 | 10:59 am
Santo Domingo.- One of Punta Catalina Power Plant's two units continues to increase its supply to the National Grid by contributing around 36 megawatts since it went online on February 27, and has now[...]Sugar producers right to complain about import tariffs being waived
Economy March 22, 2019 | 10:05 am
The View from Europe By David Jessop, Dominican Today senior Op-Ed contributor It is probably without precedent for a major Caribbean industry to declare that [...]The IMF touts the country’s macroeconomic achievements
Economy March 22, 2019 | 8:59 am
Santo Domingo.- The International Monetary Fund (IMF) on Thurs. praised Dominican Republic's macroeconomic achievements, at a Thursday meeting in the National Palace with president Danilo Medina. I[...]Dominican Republic enters spat of titans today
Economy March 22, 2019 | 8:08 am
Santo Domingo.- Dominican president Danilo Medina, along with the leaders of the Bahamas, Jamaica, Haiti and Saint Lucia, meets Fri. in Florida with US president Donald J. Trump, amid a Beijing-Washin[...]Drought cuts hydroelectric energy output by 73 GWH
Economy March 21, 2019 | 12:38 pm
Santo Domingo.- The proportion of energy from hydroelectric dams has shrank since December, with the start of drought that affects the country, especially the Northwest, South and Southwest. Hydr[...]China to trump Venezuela at US-Dominican Republic-Caribbean huddle
Economy March 21, 2019 | 7:34 am
Santo Domingo.- The main issue which president Donald Trump will address with the leaders of the Dominican Republic and four other Caribbean countries at a Friday's meeting in Florida, is China and no[...]NGO asks fast-track residency for 28K Haitians, 24K Venezuelans
Economy March 20, 2019 | 5:06 pm
Santo Domingo.- The National Roundtable for Migration and Refugees (Menamird) on Wed. asked Immigration to review the status of 28,000 Haitians who registered in the Plan to Regularize Foreigners (PNR[...]Scrap handing fuel prices at a whim, bus owners warns
Economy March 20, 2019 | 9:45 am
Santo Domingo.- The country's biggest bus owners union (Conatra) on Tues. demanded that the Industry and Commerce Ministry scrap its discretionary handling of fuel prices. Conatra general manager R[...]