Hurricanes kept 2017 growth below 5%: Central Bank
Economy January 30, 2018 | 4:35 pm
Hurricanes kept 2017 growth below 5%: Central Bank Santo Domingo.- Central banker Hector Valdez Albizu on Tues. said the economy grew 4.6% last year. "It's a very satisfactory growth and better [...]Carrier Pawa to pay RD$230.0M if flights continue grounded
Economy January 30, 2018 | 12:16 pm
Santo Domingo.- Airline Pawa Dominicana will have to reimburse passengers more than RD$230.0 million if its operations continue suspended, the Civil Aviation Board announced Mon., on a debt of over US[...]IMF acknowledges growth, but warns of spiraling debt
Economy January 30, 2018 | 11:55 am
Santo Domingo.- The International Monetary Fund (IMF) mission began its visit of the country this week, as part of the annual Article IV Consultation of 2018 with the Dominican Republic. The IMF te[...]Gold mine yes but watch out for the pitfalls: ecologist
Economy January 29, 2018 | 7:17 pm
Santo Domingo. -Prominent ecologist Luis Carvajal, on Mon. warned that gold mining in the San Juan province (west) could harm agriculture and the area's ecosystem, but he acknowledged that countries h[...]Distributors need US$800.0M to recover: power companies
Economy January 26, 2018 | 7:39 pm
Santo Domingo.- Dominican Electrical Industry Association (ADIE) president Roberto Herrera on Fri. said the three distribution companies (EDES) need an investment as high as US$800.0 million to recove[...]Companies get incentives via blackmail, favouritism: Taveras
Economy January 26, 2018 | 5:54 pm
Santo Domingo.- Herrera and Santo Domingo Province Industries Association (AEIH), president Antonio Taveras, affirmed Fri. that historically incentives have been granted to companies, "as the result o[...]Fuel prices up RD$1.00 – RD$3.00
Economy January 26, 2018 | 3:38 pm
Santo Domingo.- All petroleum-derived fuels will go up in price for the coming week, with the exception of Liquid Petroleum Gas (LPG) which is being reduced by one peso and fuel oil which remains at t[...]“No threat” to Dominican Republic relations, says Taiwan
Economy January 26, 2018 | 1:02 pm
Taipei.- Diplomatic ties between Taiwan and its eleven Latin American and Caribbean allies “remain stable” and have not been affected by the recent meeting between the foreign ministers of El Salv[...]Bredyg Disla to chair major business association
Economy January 25, 2018 | 1:58 pm
San Cristobal, Dominican Republic- The Haina and South Region Industries and Companies Association has designated a new board of directors for the 2018-2020 period, formed by a group of nine business [...]0 chemicals in planned GoldQuest mine, ‘except explosives’
Economy January 25, 2018 | 1:11 pm
Santo Domingo.- The eventual extraction of gold at Hondo Valle, in the Central Mountains, by the Swiss - Canadian miner GoldQuest, wouldn’t use chemicals, "except for the explosives inside the tun[...]Taiwan scrambles as Dominican Republic leans toward China
Economy January 24, 2018 | 4:38 pm
Taipei.- Taiwan's diplomatic ties with its 11 Latin American and Caribbean allies "remain stable" and haven't been affected by the recent meeting of the foreign ministers of El Salvador, the Dominican[...]Planned gold mine will operate responsibly: business leader
Economy January 24, 2018 | 4:01 pm
Santo Domingo.- The president of the Roundtable of Commonwealth Countries in the Dominican Republic on Tues. called the approval of a gold mining project at San Juan de la Maguana (west) positive and [...]San Juan farmers oppose mine
Economy January 24, 2018 | 10:46 am
Santo Domingo.- Agricultural sector representatives from the province of San Juan de la Maguana protested Tuesday rejecting the plans for gold and copper mining in the region and warned they would not[...]Govt. launches Japanese pears project in central highlands
Economy January 23, 2018 | 7:23 pm
Constanza, Dominican Republic.- Dominican Agrarian Institute (IAD) director Emilio Toribio on Tues. announced the start of planting of Japanese pears in a pilot project located in a village in Constan[...]Time for the country to tap into its high solar potential: expert
Economy January 23, 2018 | 6:58 pm
Santo Domingo.- The country must start taking firm steps - planned in the framework of public policies - to minimize fossil fuels in energy production, taking advantage of its high solar potential nat[...]Medina attends annual World Economic Forum at Davos
Economy January 23, 2018 | 3:23 pm
Davos.- President Danilo Medina attended the Tues. morning opening of the 48th Annual World Economic Forum, to be held from Jan. 23 to 26 in Switzerland, under the slogan "Building a shared future in [...]Miner would pay more than needed to get to US$561.0M in gold
Economy January 23, 2018 | 12:49 pm
Santo Domingo.- The Energy and Mines Ministry has asked the Presidency to authorize the exploitation of a gold and other metals from a mine in El Romero, San Juan province (west), a proposal it affirm[...]Dominican foreign minister advocates closer ties with China
Economy January 22, 2018 | 7:45 pm
Santiago de Chile.- Foreign relations minister Miguel Vargas spoke in favor of strengthening relations between the Community of Latin American and Caribbean States (Celac) and the People’s Republic [...]Go-ahead for gold mining in San Juan
Economy January 22, 2018 | 4:10 pm
Santo Domingo.- The Ministry of Energy and Mines approved a gold mining operation in Hondo Valle in the central mountains, in the northern part of the southwestern province of San Juan de la Maguana. [...]Dominican president attends Davos forum
Economy January 22, 2018 | 11:45 am
Santo Domingo.- President Danilo Medina traveled to the Swiss town of Davos Sunday to participate in the 48th meeting of the World Economic Forum, whose slogan is “Creating a Shared Futur[...]