Medina’s new lobbyist is a Washington insider: ABC
Economy December 19, 2018 | 9:03 am
Santo Domingo.- Dominican Republic president Danilo Medina has hired US lobbyist Brian Ballard as adviser "in communication with officials of the United States government." The agreement is for the[...]Dominican exports poised to close 2018 with US$11.0B
Economy December 19, 2018 | 8:25 am
Santo Domingo.- Dominican exports could end in 2018 close to US$11.0 billion, according to the Dominican Observatory for International Trade (ODCI) in its quarterly publication "Panorama of Foreign Co[...]Where US$312.0M in mining taxes end up isn’t known
Economy December 18, 2018 | 3:36 pm
Santo Domingo.- Dominican Republic on Tues. presented its second report "Initiative for Transparency in Extractive Industries (EITI)" which reveals that the Government raised RD$15.6 billion (US$312.0[...]Economic activity grows 6.9%: Central Bank
Economy December 18, 2018 | 8:05 am
Santo Domingo.- Last October, the Dominican economy achieved a very healthy growth of 6.9% according to IMAE (Monthly Indicator of Economic Activity). This trend shows that the Dominican Republic's gr[...]Medina cuts ribbon on food packing plant, rice mill
Economy December 17, 2018 | 3:09 pm
San Juan DM.- President Danilo Medina on Mon. cut the ribbon on a seed and food desiccation plant, a rice mill, among other works in San Juan de la Maguana province (west). The plant benefits 1,500[...]Gov. announces holiday ban on heavy vehicle traffic
Economy December 17, 2018 | 2:50 pm
Santo Domingo.- The National Land Transport Institute (INTRANT) on Mon. announce the ban on the traffic of heavy vehicles nationwide as of next Sunday 23, from 12 noon to Wed. 26, at 6am. Similarly[...]Official says US-Cafta-DR free trade pact will be revised
Economy December 17, 2018 | 8:04 am
Santo Domingo.- Agriculture minister, Osmar Benítez, recently announced a mechanisms to protect and improve domestic production, and one of those issues is related to the Central America, Dominican R[...]Dominican exporters assume commitment for excellence
Economy December 14, 2018 | 4:07 pm
Santo Domingo.- Dominican Exporters Association (Adoexpo) executives and representatives of the winning companies of the 32nd annual Exporting Excellence Awards 2018, visited president Danilo Medina o[...]Diesel, gasoline fall; propane climbs, natural gas unchanged
Economy December 14, 2018 | 12:00 pm
Santo Domingo.- The Industry and Commerce Ministry on Fri. posted the fuel prices for the week from Dec.14 to 20, when premium gasoline will cost RD$213.70 per gallon, or RD$1.00 lower, while regular [...]Dominican Republic to ratchet efforts in improving learning
Economy December 14, 2018 | 10:56 am
Press Release WASHINGTON, December 14, 2018 - The World Bank approved an additional financing of US$100 million to help the government improve the quality of education and learning in the Dominican[...]Hollywood’s presence boosts Dominican film industry
Economy December 13, 2018 | 11:16 am
Santo Domingo.- Hollywood has its sights set on the local film industry led by the Nyla Media Group, established in Los Angeles, which makes important investments of around US$50.0 million in 2019and [...]Deputies approve 2019 Budget of US$18.4B
Economy December 12, 2018 | 5:04 pm
Santo Domingo.- The Chamber of Deputies on Wednesday approved the 2019 Budget of RD$921.8 billion (US$18.4 billion) in two roll calls. The budget was approved with 122 deputies voting for and 43 ag[...]Is it a dud or big dough? Only testing will tell
Economy December 12, 2018 | 4:02 pm
Santo Domingo.- The Energy and Mines Ministry (MEM) on Wed. said it has decided to allow the gaseous mist at Villa Tapia to remain open for a determined period of time, because if the pressure continu[...]Nov. prices decline -0.35% paced by fuels
Economy December 12, 2018 | 3:04 pm
Santo Domingo. - The Central Bank on Wed. said consumer prices in Nov. fell -0.35% compared with Oct., placing cumulative inflation at 1.39% for the first 11 months of 2018. It said November's nega[...]Trade was the talk at Dominican Republic-Commonwealth seminar
Economy December 12, 2018 | 12:44 pm
Santo Domingo.- The president of the Roundtable of Commonwealth Countries in the Dominican Republic on Wednesday urged the public and private sectors to join forces to take advantage of economic and t[...]Mist spewing at Dominican north is 53% methane: Refinery
Economy December 12, 2018 | 10:16 am
Santo Domingo.- Dominican Republic authorities remain firm in their belief that some of the hydrocarbon deposits found in several parts of the territory are commercially exploitable. On Tuesday the[...]Dominican Republic one step closer to natural gas
Economy December 12, 2018 | 8:00 am
Villa Tapia, Dominican Republic.- Residents of the village La Guásuma are stunned by a well which spews a reportedly inflammable mist-apparently natural gas- in northern Hermanas Mirabal province. [...]Dominican Govt. aims to sell 50% of power plant in scandal
Economy December 11, 2018 | 1:16 pm
Santo Domingo.- Finance minister, Donald Guerrero, revealed Tues. that the Government aims to sell up to a 50 percent stake in the nearly finished Punta Catalina power plant in Peravia province (sou[...]Six envoys to speak in 1st Commonwealth Business Seminar
Economy December 11, 2018 | 9:48 am
Snto Domingo.- The ambassadors of Great Britain, Chris Campbell; Canada, Shauna Hemingway of the Foreign Ministry, Juan Guiliani Cury and Roslan Abdul Raham, of Malaysia, panelist Luis González, di[...]Don’t deport too many Haitians, agro free zone warns
Economy December 11, 2018 | 8:31 am
San Juan, Dominican Republic.- Maguana Tropical, the first and only agro-industrial free zone installed in the province, began its operations in 2004 with just Dominican workers, but 14 years later, o[...]