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 [...]Leading-edge dryers let onion growers cut losses from 25% to 4%
Economy September 6, 2018 | 1:45 pm
Santo Domingo.- The adoption of leading-edge dryers has allowed the country's onion growers to cut losses from 25% to 4%, while letting rice farmers be more competitive with exports, according to the [...]Education Ministry provides jobs for people with disabilities
Economy September 6, 2018 | 12:54 pm
Santo Domingo.- Education minister, Andrés Navarro, and National Disability Council (Conadis), president Magino Corporán, on Wed. signed a agreement to develop programs and projects to guarantee tra[...]Construction paces Dominican Republic’s economy 6.7% jump to July
Economy September 6, 2018 | 11:42 am
Santo Domingo.- Dominican Republic's economy continues its torrid pace with a 6.7 percent growth from January to July, as the result of positive performance by nearly all activities, according to Cent[...]Official says expect longer droughts in the next 15 years
Economy September 5, 2018 | 7:49 pm
Santiago.- Santiago Aqueduct Utility (CORAASAN) potable water manager Héctor Jáquez on Wed. warned that Dominican Republic's drought periods will be longer during the next 15 years as a result of gl[...]Finance chief refutes World Bank’s stance on rising debt
Economy September 5, 2018 | 12:04 pm
Santo Domingo.- Finance minister Donald Guerrero on Tues. said he disagrees with the assessments divulged yesterday by the World Bank local representative Alessandro Legrottaglie, who affirmed that th[...]Nickel mine to start extractions with ‘some resistance’
Economy September 5, 2018 | 11:44 am
Santo Domingo.- Falconbridge Dominicana (Falcondo) vice president Edwin Deveaux, on Tues. said the ferronickel miner's second production line will start extractions this month, and plans to instal[...]Exports jump 9.1% to US$4.8B in first, official
Economy September 4, 2018 | 7:40 pm
Santo Domingo.- The National Statistics Office (ONE) on Tues. said exports reached US$4.8 billion in the first half, a 9.1% jump over the same period last year. ONE director Alexandra Izquierdo s[...]Gov. mulls request to also sell propane in gas stations
Economy September 4, 2018 | 2:26 pm
Santo Domingo.- The Industry and Commerce Ministry on Mon. said it analyzes the request by several gas station owners, which again press to be allowed to also sell propane gas in the same facility. [...]Lightning strike knocks out the country’s biggest power plant
Economy September 4, 2018 | 12:03 pm
Boca Chica, Dominican Republic.- An electrical discharge from a lightning strike Mon. afternoon affected the AES Dominicana power plant at Andrés, Boca Chica (east), which led to its disconnection [...]Dominican agro products can tap into US$8.0B 57M US market
Economy September 3, 2018 | 7:05 pm
New York.- Dominican Republic Export and Investment Center (CEI-RD) director Marius de León, in a recent visit to New York, met with executives of the National Super Markets Association (NSA) and of [...]Medina launches agro-forestry project in central highlands
Economy September 3, 2018 | 2:30 pm
Salcedo, Dominican Republic. - President Danilo Medina on Sun. launched an agro-forestry development project in the mountainous area of Hermanas Mirabal province (central), aimed at helping loca[...]Economy September 3, 2018 | 12:58 pm
Barahona, Dominican Republic-. Dams and canals agency (INDRHI) director Olgo Fernández on Sun. said construction on the Monte Grande dam is 35% complete. He said the project, which will have a maj[...]