2018: year of the most inaugurated road works in all regions
Economy January 11, 2018 | 1:52 pm
Santo Domingo.- 2018 will be the year in which the Public Works Ministry will inaugurate the most road works and buildings in all regions, especially the East Region Road Circuit, in the area which co[...]Retailers also want to nix severance pay, advance tax
Economy January 10, 2018 | 3:08 pm
Santo Domingo.- The elimination of the severance pay, a simpler tax reporting process and the exclusion of the tax payment in advance, are some of the proposals which the Dominican Merchants Federatio[...]Opposition to ‘secretive’ Electricity Pact spreads on scathing critique
Economy January 9, 2018 | 7:45 pm
Santo Domingo.- If the government had any democratic sensibility, it would desist from calling to sign the Electricity Pact after searing critiques by former Dominican Electrical Industry Associatio[...]UN Civil Aviation chief heaps kudos on the Dominican Republic
Economy January 9, 2018 | 7:17 pm
Santo Domingo.- International Civil Aviation Organization Council (OACI) president Dr. Olumuyiwa Benard Aliu, on Tues. said the Dominican Republic meets all the expectations, standards and security le[...]Didn’t renew plate sticker? Pay RD$1,000 more as of today
Economy January 9, 2018 | 12:47 pm
Santo Domingo.- Lines with hundreds of drivers formed Mon. at the various S& Ls and govt. offices to buy the 2018 tag renewal sticker , as the 3-month period issued by Internal Taxes (DGII) to ren[...]Dominican Republic’s biggest resort denies towers violate zoning
Economy January 8, 2018 | 3:28 pm
Santo Domingo.- The Cap Cana resort group affirmed Mon. that it has fully complied with Tourism Ministry zoning on the construction of maximum floors at beachfronts warning that changing the rules p[...]Planned dam to produce RD$280.0M-month of energy at border
Economy January 8, 2018 | 1:23 pm
Santo Domingo.- Senator Adriano Sánchez Roa affirmed Sun. that in the 2018 Budget president Danilo Medina included the economic items for the studies and subsequent construction of a dam on the Artib[...]Govt. to call for tenders for oil, natural gas in first half
Economy January 8, 2018 | 12:52 pm
Santo Domingo.- Energy and Mines minister Antonio Isa Conde on Sun. announced that tenders will be called in first half of 2018, for the exploration and exploitation of oil and natural gas. He sa[...]33 flights cancelled at country’s 3rd busiest airport
Economy January 5, 2018 | 5:02 pm
Santiago.- Cibao International Airport in Santiago, today said 33 flights have been canceled from Thurs. to Fri. as a massive snowstorm batters parts of the eastern United States. Cibao Airport PR,[...]All fuel prices climb, except natural gas
Economy January 5, 2018 | 2:42 pm
Santo Domingo.- The Industry and Commerce Ministry on Fri. posted the fuel prices for the week from January 6 to 12, when premium gasoline will cost RD$227.30 per gallon, or RD$4.00 more and regul[...]Customs to target illegal sale of waste fuel from ships
Economy January 5, 2018 | 1:08 pm
Santo Domingo.- The Customs Agency revealed Thursday that the offloading, shipping and marketing of waste fuel from ships that dock at local ports has become a lucrative business that evades taxes. [...]Airlines cancel 14 flights as snowstorm hammers eastern US
Economy January 4, 2018 | 9:10 pm
Santo Domingo.- Dominican airports management company (Aerodom) on Thurs. said the snowstorm Grayson that hammers the eastern US, has prompted some airlines to cancel their operations today and tomo[...]Immigration deported 110,030 foreigners from 33 countries in 2017
Economy January 4, 2018 | 6:39 pm
Santo Domingo.- . The Immigration Agency on Thurs. said it issued 16,406 residences of various categories during 2017, and repatriated 110,030 foreigners from 33 countries. "The process to renew or[...]Tax agency US$8.0B+ revenue in 2017 exceeds projection
Economy January 4, 2018 | 2:22 pm
Santo Domingo.- The Internal Taxes Agency (DGII)on Wed. said for the first time since 2008, this year's collection goal was exceeded, with RD$386.3 billion (US$8.05 billion) in 2017, according to [...]Customs starts charging RD$2.0/gallon of gasoline, diesel
Economy January 3, 2018 | 8:16 pm
Santo Domingo.- The Customs Agency announced Wed. that the fuel sector must comply with the RD$2.0 per gallon advance on dispatched gasoline and diesel. In a notice to importers, concessionaires or[...]Environment cancels over 400 expired permits
Economy January 3, 2018 | 5:37 pm
Santo Domingo.- The Environment Ministry on Wed. announced that over 400 environmental permits that expired several years ago were canceled. In a statement, One-stop Window Services director Pedro [...]Stricter controls on betting parlors, casinos is now in effect
Economy January 3, 2018 | 2:55 pm
Santo Domingo.- Casinos, lotteries and betting parlors, starting at the end of Dec., must report and even investigate sources of funds they receive from customers that may be suspected of money launde[...]Dominican Republic unions slam ‘upside-down’ labor enforcement
Economy January 3, 2018 | 12:36 pm
Santo Domingo.- Union leaders Rafael (Pepe) Abreu and Gabriel del Río on Tues. said it's now more than clear the main hurdles of the Dominican working class include uncontrolled immigration. They [...]Beer imports climb, whiskey fall in 2017
Economy January 2, 2018 | 4:46 pm
Santo Domingo.- Whiskey imports during the January-October 2017 period topped US$67.0 million, a 10% fall compared to the same period in 2015, of US$74.61 million. By contrast, beer imports during [...]Free Trade deal: 58,306 tons of agro products can enter tariff free
Economy January 2, 2018 | 12:50 pm
Santo Domingo.- The Agricultural Imports Commission authorized the import of 61,194 tons of agro products for 2018, of which 58,306 can enter the country tariff free, as the DR-Cafta trade deal tari[...]