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[...]Bernstein says US business leaders coming to eye opportunities
Economy November 7, 2018 | 3:29 pm
Puerto Plata.- US ambassador, Robin Bernstein, on Tues. announced the arrival of a delegation of American business leaders to the Dominican Republic in the coming days to explore business opportunitie[...]Top official makes traditional ‘enough chickens for Christmas’ pitch
Economy November 7, 2018 | 3:09 pm
Santo Domingo.- Agriculture minister, Osmar Benítez, on Wed. voiced the traditional guarantee that there will be enough chickens to meet the spiraling demand during the holidays. Benítez said he [...]Remittances jump 10.2% to US$4.9B in 3Q: Central Bank
Economy November 7, 2018 | 12:01 pm
Santo Domingo.- Remittances from relatives jumped 10.2% to the third quarter, from US$4.4 billion in 2017 to US$4.9 billion this year, according to figures from Dominican Republic's Central Bank. "[...]Highland town thrives but aqueduct shows its age
Economy November 7, 2018 | 9:07 am
Jarabacoa, Dominican Republic.- Despite being surrounded by three rivers, and having in its territory the main tributaries that contribute 70% of the country's water, the thriving highland town lack[...]Dominican Republic solidifies maritime hub status
Economy November 7, 2018 | 8:12 am
Santo Domingo.- For the Maritime Connectivity Index's 2018 edition, calculated by the UN Conference on Trade and Development (Unctad), the country improves its score and positioning in the global and [...]US$1.0B debt jump finances electricity sector’s ‘bottomless pit’
Economy November 7, 2018 | 7:48 am
Santo Domingo.- Herrera Industries Association (ANEIH) president Antonio Taveras Guzmán on Tues. said the announcement of new loans to finance Dominican Republic's electricity sector should not be [...]Officials heap praise on Dominican leader’s China trip
Economy November 6, 2018 | 4:32 pm
Santo Domingo.- The Govt. on Tues. labeled president Danilo Medina's official visit to China as "fruitful" and which ended with the signing of bilateral agreements in sectors such as trade, education [...]Medina touts Dominican products; Xi eyes stogies
Economy November 6, 2018 | 8:18 am
Shanghai.- President Danilo Medina on Mon. hosted China leader, Xi Jinping, at Dominican Republic's stand in the first China International Import and Export Exposition (CIIE), which takes place in Sha[...]Dominican Republic gets a US$600.0M loan from China
Economy November 6, 2018 | 7:37 am
Shanghai.- State Electric Utility (CDEEE) CEO Ruben Jimenez Bichara on Monday announced a US$600.0 million government-to-government loan through China's Exim Bank, to improve the energy distribution[...]