Biggest Dominican bank grows 11.1% to US$8.48B
Economy February 12, 2019 | 1:02 pm
Santo Domingo.- Dominican Republic's biggest bank, Popular, on Tues. announced an "excellent performance" in fiscal year 2018, which helped develop the country's productive sectors. In a statemen[...]Govt. must exploit Dominican brains abroad: expert
Economy February 12, 2019 | 11:28 am
New York.- International affairs and diplomacy expert, Ramón Tallaj Ureña, on Mon. asked the Dominican government to take advantage of the resources of Dominicans abroad, from where they could bring[...]Medina off to Rome for talks on hunger, agriculture
Economy February 12, 2019 | 8:49 am
Santo Domingo.- President Danilo Medina departed Mon. night to Rome to take part in the 42nd session of the International Fund for Agricultural Development (IFAD), set for Thursday and Friday at hea[...]Despite wide rebuke Customs hikes tax on cell phones to 8%
Economy February 11, 2019 | 8:17 am
Santo Domingo.- The Customs agency on Sun. announced a tax increase from 3 to 8% on imported mobile communication equipment. It said the decision is based on Law 146-00 which allows Customs to char[...]American Airlines also scraps cash at second-busiest airport
Economy February 8, 2019 | 1:18 pm
Santo Domingo.- American Airlines on Fri. announced that as of February 18, it will discontinue cash transactions in its operations at Las Americas International Airport (AILA). "As of the indica[...]Agro chief predicts the country’s biggest garlic harvest
Economy February 8, 2019 | 12:48 pm
Constanza, Dominican Republic.- Agriculture minister Osmar Benítez on Fri. announced that in 2019 the Dominican Republic's garlic harvest will be the largest of the last 10 years, as evidenced by t[...]All fuel prices climb, except natural gas
Economy February 8, 2019 | 10:50 am
Santo Domingo.- The Industry and Commerce Ministry on Fri. posted the fuel prices for the week form Feb. 9 to 16, when premium gasoline will cost RD$214.60 per gallon, or RD$0.20 more and regular will[...]Industrialists: Safety must be a workplace condition
Economy February 8, 2019 | 8:28 am
Santo Domingo. - The Haina and South Region Industries Association (AIE Haina-Sur) on Thurs. hosted its first business breakfast to promote accident prevention in the workplace. "We are committed t[...]Land for Cable Car Line 2 declared eminent domain
Economy February 7, 2019 | 6:16 pm
Santo Domingo.- President Danilo Medina on Thurs. issued an executive order declaring eminent domain over a 14.3- kilometer strip of land in Santo Domingo province, to build Line 2 of the Santo Domi[...]Major power company reveals operational figures
Economy February 7, 2019 | 1:38 pm
Santo Domingo.- The power company EGE Haina) is the country's main public-private company in assets, investment and tax payments, the Caribbean leader in wind energy, and the largest private issuer [...]Official lists energy and mine projects; urges a look to China
Economy February 7, 2019 | 12:54 pm
Santo Domingo.- The Energy and Mines Ministry manages 44 projects -some in execution and others in design- and sophisticated technology to genetically manipulate food (GMO), which delays the maturity [...]Pact helps US companies invest in Dominican Republic
Economy February 7, 2019 | 10:31 am
Santo Domingo.- The governments of the United States and the Dominican Republic on Wed. agreed to facilitate the investments of US companies in the Caribbean country through the financial entity, Over[...]Power companies: supply is 14% above demand
Economy February 7, 2019 | 9:06 am
Santo Domingo.- 2019 begins with a 14% surplus on the electricity supplied, according to the Dominican Electrical Industry Association (ADIE). In the first 36 days this year, 1,639 GWh of electrici[...]Telecom Claro to invest US$1.14B in Dominican Republic
Economy February 7, 2019 | 8:33 am
Santo Domingo.- The telecom Claro on Wed. announced it will invest RD$57.0 billion (US$1.14 billion) in the Dominican Republic to 2021 as part of the projects of the Mexico-based parent company Am[...]Energy base to rely more on renewables: official
Economy February 6, 2019 | 2:10 pm
Santo Domingo.- National Energy Commission (CNE), director Ángel Canó, on Wednesday said they promote policies to give renewable energies a higher proportion in the country's energy base. He said[...]Dominican agricultural sector wants to declare emergency, due to the drought
Economy February 6, 2019 | 12:41 pm
Rivero described the situation as "terrible" for a region where most municipalities are agricultural producers, "everything is drying up," crops are being lost, among them, those of organic banana[...]Netflix rates increase in the country
Economy February 6, 2019 | 11:47 am
As of March, Netflix users in the Dominican Republic will pay a new rate with an increase due to the use of this streaming service. The digital platform communicated via email to users in the DR th[...]First major cleanup operation to remove garbage made by Puerto Plata Recycles group
Economy February 6, 2019 | 10:20 am
As part of the agenda of activities in the fight for ecological awareness, the program "Puerto Plata Recycles," made its first "Recycling Route." Using the Firemen's Park, this city, Cangrejo Beach[...]October primaries to cost taxpayers US$30M
Economy February 5, 2019 | 3:22 pm
Santo Domingo.- Of the RD$1.5 billion (US$30 million) that the primaries on October 6 will cost, the political parties will only contribute RD$200 million and the rest will be paid by the State. El[...]Netflix DR to jack up monthly basic from US$6.99 to 7.99
Economy February 5, 2019 | 12:29 pm
Santo Domingo.- The digital platform Netflix announced a price increase of its monthly subscription for customers in the Dominican Republic starting March. The platform's basic monthly will climb f[...]