Budget shows Govt. seeks investors for troubled power plant
Economy November 16, 2018 | 8:07 am
Santo Domingo.- Finance minister, Donald Guerrero, on Thurs. said Article 59 of the 2019 Budget seeks private investors to finance the controversial Punta Catalina power plant, being built by the co[...]Recycle plastic for your planet, your pocket
Economy November 15, 2018 | 1:56 pm
Santo Domingo.- Recycling plastic widely and massively helps reduce the planet's ecological overdraft, which is having huge costs, including water scarcity, desertification, soil erosion, a decline in[...]Time to weigh Santo Domingo Metro’s performance
Economy November 15, 2018 | 12:28 pm
Santo Domingo. -Since the construction of the Santo Domingo Metro was announced it was a controversial project. Ten years later, a significant and increasing number of commuters rely on it. But a k[...]Dominican techs ready country’s first satellite for orbit
Economy November 15, 2018 | 9:28 am
Santo Domingo.- The Dominican Republic is taking steps to develop its first satellite that will orbit in space, in what would be the country's first space mission. The satellite features sensors to[...]October prices climb 0.22%, paced by foods
Economy November 15, 2018 | 8:52 am
Santo Domingo.- The Central Bank on Wed. said October prices climbed 0.22% compared to September, while accumulated inflation from the Jan. to Oct. period stood at 1.75%. "The main factor that push[...]Dominican Republic’s economy to get a US$500.0M boost in Dec.
Economy November 15, 2018 | 7:51 am
Santo Domingo.- The Dominican economy will get a boost of around RD$100.0 billion (US$500.0 million in December, for the Christmas bonus and the monthly salary of the public and private sector emplo[...]AES Dominicana’s novel energy storage system gets annual award
Economy November 14, 2018 | 1:22 pm
Miami.- AES Dominicana president, Edwin De los Santos recently received the award of the year for the innovative Energy Storage System, in the Tenth Caribbean Renewable Energy Forum (CREF 2018), a val[...]Construction of major dam in the South full steam ahead
Economy November 14, 2018 | 8:57 am
Santo Domingo.- The dams and canals agency (Indrhi) on Tues. said the excavations have concluded for the detour tunnels prior to filling the dam at Monte Grande, in Barahona (south). Indrhi direc[...]Govt. looks to solve electricity crunch with US$1.0B loans
Economy November 14, 2018 | 8:21 am
Santo Domingo.- With the US$1.0 billion the Government plans to borrow (US$600.0 million from China and US$400.0 million from the IDB) to solve the electricity crunch, the sector's deficits will be a [...]Northeast highway is 95% complete: Public Works
Economy November 13, 2018 | 8:15 am
Santo Domingo.- The Public Works Ministry on Mon. said the reconstruction and expansion of the Hato Mayor-El Seibo highway (northeast) is 95% completed, which it affirms will benefit residents of thos[...]Central Bank: production boost puts 3Q growth at 6.9%
Economy November 12, 2018 | 4:41 pm
Press Release Santo Domingo.- A delegation from the International Monetary Fund (IMF) was received by the governor of the Central Bank of the Dominican Republic (BCRD), Mr. Héctor Valdez Albizu,[...]Dominican Republic to open 3 consulates in China, report
Economy November 12, 2018 | 7:34 am
Santo Domingo.- The Dominican Republic will open three consulates in China, after the two countries established diplomatic relations on May 1. Quoting a source outlet Listin Diario reports that the[...]All fuel prices fall, except natural gas
Economy November 9, 2018 | 12:27 pm
Santo Domingo.- The Industry and Commerce Ministry on Fri. posted the fuel prices for the week from November 10 to 16, when premium gasoline will cost RD$230.10, or RD$4.90 lower and regular will cost[...]Fear not financing, top official says loans ‘within limits’
Economy November 9, 2018 | 10:30 am
Santo Domingo.- "There should be no fear for the debt contracted by the Dominican State recently, coming from the Inter-American Development Bank (IDB), since it is within the limits of financing proj[...]Picket with pots and pans for lower cooking gas price
Economy November 8, 2018 | 5:01 pm
Santo Domingo.- The Coordinator for Lower Fuel Prices and the People's Rights on Thurs. reiterated that cooking gas should cost no higher than RD$65.00 per gallon. In a picket with pots and pans in[...]Dominican Shippers say their Hub’s time has come
Economy November 8, 2018 | 11:16 am
Santo Domingo.- Dominican Shipping Association, ANRD, president Teddy Heinsen on Wed. listed the local maritime sector's current opportunities for the country to become the ideal and most efficient lo[...]Experts will analyze Dominican energy sector’s potential
Economy November 8, 2018 | 10:42 am
Santo Domingo.- Dominican Republic's power companies grouped in the ADIE will analyze with experts Dominican Republic's potential to progress towards more advanced models in the electricity sector's[...]US Envoy plays hardball with DR-China ties
Economy November 8, 2018 | 9:50 am
Santo Domingo.- The new US ambassador has made it clear that she knows how to throw a baseball and shuffles right in when it comes to dancing bachata or merengue. El Caribe reports that Robin Berns[...]Experts will analyze Dominican energy sector’s potential
Economy November 8, 2018 | 8:06 am
Santo Domingo.- Dominican Republic's power companies grouped in the ADIE will analyze with experts Dominican Republic's potential to progress towards more advanced models in the electricity sector's[...]Medina returns after ‘fruitful’ official visit to China
Economy November 8, 2018 | 7:34 am
Santo Domingo.- President Danilo Medina arrived in San Isidro Air Base 11pm Wed. after his official visit to China where he formalized diplomatic relations between the two nations. Medina had depar[...]