US$30M Puerto Plata Port construction starts with techs
Economy March 20, 2019 | 8:43 am
Puerto Plata.- The work on structural and soil mechanics studies for the construction of the Multipurpose Port was initiated by technicians of the companies Puerto Plata Port Investment, Inversiones M[...]Labor again demands a 30% hike on minimum wage
Economy March 20, 2019 | 8:10 am
Santo Domingo.- National Trade Union Confederation (CNUS) president Rafael (Pepe) Abreu on Tuesday said he expects employers to accept their proposed 30% increase to the minimum wage, when they meet i[...]Trump to talk Venezuela with Dominican Republic, other Caribbean leaders
Economy March 20, 2019 | 7:34 am
Washington DC.- US President, Donald Trump, will on Friday meet in Florida, with the leaders of five Caribbean countries with which he will address, among other issues, the crisis in Venezuela, the Wh[...]Sustainable gastronomy promotes community involvement
Economy March 19, 2019 | 1:47 pm
Santo Domingo.- Sustainable gastronomy is a movement that promotes community involvement through the consumption of local, seasonal products, including the use of labor as ways to impact the quality o[...]Big business split on Medina’s reelection bid
Economy March 19, 2019 | 1:09 pm
Santo Domingo.- Prominent business leaders on Tues. expressed their for-and-against president Danilo Medina's reelection during the inaugural of a soft drink company's new production line. However,[...]New US$20M plant can produce 50K plastic bottles per hour
Economy March 19, 2019 | 11:04 am
Santo Domingo.- President Danilo Medina on Tues. headed ribbon-cutting for a leading edge production plant built at a cost of US$20 million. The plant will allow the company Bepensa Dominicana to i[...]Dominican exports to Venezuela fall, imports rise
Economy March 19, 2019 | 9:34 am
Santo Domingo.- The exports of goods from the Dominican Republic to Venezuela fell sharply last year, according to the Export and Investment Center (CEI-RD), based on data from Customs. In 2016 e[...]Dominican Republic drought ‘won’t’ hurt rice price, supply
Economy March 19, 2019 | 7:52 am
Santo Domingo.- The drought that impacts much of the Dominican Republic won't prevent the supply and stable price of rice for consumers, the Agriculture Ministry's National Rice Commission announced i[...]Metro riders face 1.5+ hour delay from unexplained glitch
Economy March 18, 2019 | 11:31 am
Santo Domingo.- Santo Domingo Metro passengers were met with long delays in their Monday commute from a presumable glitch in the service of Line 1. In the northernmost station in Villa Mella, the[...]Precision agro is the key to compete abroad, expert says
Economy March 18, 2019 | 10:56 am
Santo Domingo.- National Agricultural and Forestry Research Council (Coniaf) director, Juan Chávez recommends precision agriculture for that sector because it lowers costs and higher productivity. [...]New apartments, tourism, low-cost housing drive real estate boom
Economy March 18, 2019 | 8:28 am
Santo Domingo.- The Real Estate Agents Association (AEI) affirmed Sun. that the country's real estate market is booming, driven by the construction of apartments for investment, tourist residences a[...]The country has a dismal access to the Web: study
Economy March 18, 2019 | 7:56 am
Santo Domingo.- The Economist Intelligence Unit ranks the Dominican Republic 10 out of 100 countries evaluated, in terms of its ability to access the Web, including skills, cultural acceptance and sup[...]Gasolines jump, other fuels mixed
Economy March 15, 2019 | 3:53 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from March 16 to 22, when premium gasoline will cost RD$230.80, or RD$5.90 more and regular will cost R[...]Parkland Fuel pays US$1.2B for 526 gas stations in Dominican Republic, the region
Economy March 14, 2019 | 4:11 pm
Santo Domingo.- The company Parkland Fuel Corp. has acquired a 75% stake in Sol Investment Limited, indirect owner of Esso gas stations in the Dominican Republic. The firm, one of the fastest-growi[...]Relentless drought threatens May’s rice planting season
Economy March 14, 2019 | 3:41 pm
Santiago.- The planting of rice that should take place next May in fields irrigated at the Yaque del Norte river's middle and lower basins is threatened by the prolonged drought parching the Dominican[...]Wary of US Budget cuts, NYC Dominicans start packing their bags
Economy March 14, 2019 | 11:00 am
New York.- Dominicans living in New York City say they're preparing to return to the Dominican Republic after learning that the US budget submitted by president Donald Trump for the next fiscal year i[...]Gov., private sector plan to cut red tape will save US$3.9B
Economy March 14, 2019 | 8:11 am
Santo Domingo.- The Government and the private sector on Wed. announced a comprehensive plan to transform the official regulations and procedures, whose currently cost RD$197 billion(US$3.9 billion) o[...]February prices climb 0.37%, paced by transportation
Economy March 14, 2019 | 7:33 am
Santo Domingo.- The Dominican Republic Central Bank on Wed. said that February prices rose 0.37% over January, paced by transportation. It said the accumulated inflation for the first two months st[...]Amber Cove span of Puerto Plata road nearly finished
Economy March 13, 2019 | 4:28 pm
Puerto Plata.- The Public Works Ministry on Wed. said the reconstruction and expansion of the 8.4 km Maimón-Puerto Plata span of the Navarrete-Puerto Plata highway is 80 percent completed, and announ[...]No emergency from drought yet but ration water
Economy March 13, 2019 | 9:18 am
Santo Domingo.- The head of Santo Domingo's Aqueduct, Alejandro Montás, and of the dams and canals agency, Olgo Fernández, affirmed Tues. that the country isn't under an emergency due to the drought[...]