Military-made garb is unfair competition: textile maker
Economy September 13, 2018 | 7:51 pm
Santo Domingo.- Defense minister Rubén Paulino on Thurs. instructed the commanders to, starting January, buy the military fatigues from the recently created "Military Industry of the Armed Forces." [...]Energy crunch won’t harm economy: top official
Economy September 13, 2018 | 7:19 pm
Santo Domingo.- Economy minister, Isidoro Santana, said Thurs. that the energy crisis has forced the Govt. to buy electricity at a high cost, which means an "additional burden" for the Dominican Repub[...]Govt., business want retirement age stretched to 65, labor balks
Economy September 13, 2018 | 12:19 pm
Sano Domingo.- Labor minister Winston Antonio Santos' proposal to extend the age of retirement to achieve higher pensions on Wed. received the support of employers, but warily by the unions. Interv[...]BBC praises Dominican Republic’s tourism, economy
Economy September 13, 2018 | 11:29 am
Santo Domingo.- It's known for its beautiful beaches and the millions of tourists who come to vacation every year. But what may not be widely known is that the Dominican Republic has had an average ec[...]More blackouts come Oct.: Dominican Republic utility
Economy September 12, 2018 | 7:14 pm
Santo Domingo.- Dominican Republic's Electric Utility (CDEEE) warned Wed. that starting October the national electricity system will sustain a serious shortage, leading to more blackouts. Local med[...]China’s top diplomat arrives Thurs. amid investment expectations
Economy September 12, 2018 | 12:36 pm
Santo Domingo.- China Foreign minister, Wang Yi, will arrive in the Dominican Republic Thursday, when major announcements are expected, including possible investments in various local areas. Quotin[...]Pros and cons of reforesting with avocados
Economy September 11, 2018 | 2:22 pm
Santo Domingo.- From 2013 to mid-2018 the Dominican Republic exported US$170.6 million in avocados, according to Customs, as he country seeks to remain in a market with a marked commercial and gastron[...]Govt. taps RD$700.0M for dairy, livestock sector
Economy September 11, 2018 | 1:43 pm
Santo Domingo.- Agricultural Development Fund (FEDA) director Casimiro Ramos on Mon. said the Govt. allocates RD$700.0 million for dairy production and the livestock sector in 46 projects that benefit[...]Dominican Republic’s envoy in China talks business, investments
Economy September 11, 2018 | 11:47 am
Beijing.- Dominica Republic's ambassador in China on Mon. headed a meeting with business leaders of the Asian nation interested in investing in the country. Briunny Garabito's meeting came two hour[...]Gold miner’s US$1.0B+ investment eyes years of extraction
Economy September 10, 2018 | 8:17 pm
Maimon, Dominican Republic.- Energy and Mines minister Antonio Isa Conde on Sun. stressed that the environmental, economic and social sustainability is the most expedited way for mining development [...]Builders: 26 agencies scatter the Govt.’s housing policy
Economy September 10, 2018 | 7:47 pm
Santo Domingo.- The Dominican Home Builders and Developers Association (Acoprovi) said Danilo Medina's government policy on housing is scattered, because it involves the vision of different agencies, [...]With US$261.0M in exports, country gets Chocolate fest invite: EFE
Economy September 10, 2018 | 1:10 pm
Madrid.- The Dominican Republic, world leader in organic cocoa, will be the guest country in the 1st International Chocolate Show, to be held in Madrid from September 14 to 16, EFE reports. The eve[...]Gov. to the rescue as chicken glut worries producers
Economy September 10, 2018 | 12:44 pm
La Romana.- Dominican Republic's poultry sector is in a glut, since it produces 19 million chickens monthly, but local consumption is RD$17.5 million, while producers are losing RD$30 per bird. Agr[...]Dominican Govt. downplays recall of U.S. envoy
Economy September 10, 2018 | 11:10 am
Santo Domingo.- Foreign minister Miguel Vargas on Sun affirmed that relations between the Dominican Republic and the United States are "excellent." The official made the statement after the U.S. re[...]China envoy’s first order of business: infrastructure, tourism
Economy September 7, 2018 | 8:18 pm
Santo Domingo.- China ambassador, Zhang Run, affirmed Friday that Beijing conducts surveys and collects information to launch investment, and bilateral cooperation projects. He said the investments[...]All fuels except natural gas jump again
Economy September 7, 2018 | 4:32 pm
Santo Domingo.- For the third straight week, the Industry and Commerce Ministry on Fri. posted the fuel prices in effect from September 8 to 14,when premium gasoline will cost RD$243.40, or RD$1.00 [...]Aug. prices climb 0.03%, accumulated inflation at 1.44%
Economy September 7, 2018 | 12:55 pm
Santo Domingo.- August prices climbed 0.03% compared to July, according to a report by Dominican Republic's Central Bank submitted to industrialists on Wednesday. It said the accumulated inflatio[...]Gov. eyes more property taxes
Economy September 7, 2018 | 12:34 pm
Santo Domingo.- The Executive Branch submitted to the Senate a bill that proposes "a special tax regime with a transitory nature" to regularize tax payments to Internal Taxes (DGII) through the decl[...]China wants Dominican Republic’s’ very good’ agro products
Economy September 7, 2018 | 12:16 pm
Santo Domingo.- China ambassador Zhang Run on Thurs. said his country wants to import the "very good products" of cocoa, tobacco and pineapple from the Dominican Republic. "I believe that in the [...]Medina welcomes new US Ambassador, three other envoys
Economy September 6, 2018 | 7:36 pm
Santo Domingo.- President Danilo Medina on Thursday received the credentials of the new US ambassador in the country, Robin Bernstein and of three other envoys. Volker Pallet is the new ambassador [...]