• Most fuel prices up over New Year

    Economy December 29, 2017 | 2:31 pm

    Santo Domingo.- Most fuel prices will go up by between RD$1.00 and RD$3.50 during the week of December 30th 2017 to January 5th 2018, according to the rates set by the Ministry o[...]
  • President Medina declares 2018 Export Promotion Year

    Economy December 29, 2017 | 10:38 am

    Santo Domingo.- President Danilo Medina issued decree 437-17 Thursday declaring that his administration’s priority for 2018 would be to promote exports. Medina called on private and public instit[...]
  • President Medina says coal-fired plant will open in 2018

    Economy December 28, 2017 | 4:29 pm

    Puerto Plata.- President Danilo Medina highlighted the 6% growth rate of the Dominican economy and announced that the controversial Punta Catalina coal-fired electricity generating plant would be in o[...]
  • Economic policies perpetuate poverty and inequality

    Economy December 28, 2017 | 11:04 am

    Santo Domingo.- The Dominican Republic’s economic growth rate over the past three years exceeds 6%, leading to the creation of 403,076 new jobs and reducing the unemployment rate from 8.8 to 5.4% du[...]
  • Tourist card inclusion in ticket postponed

    Economy December 27, 2017 | 4:03 pm

    Santo Domingo.- The tax office (DGII) has postponed the introduction of a system enabling visitors to the Dominican Republic to purchase their tourist card with their airline and maritime tickets. The[...]
  • Ten days left for “marbete” renewal

    Economy December 27, 2017 | 3:48 pm

    Santo Domingo.- The tax office (DGII) reminds vehicle owners that they have less than two weeks left to renew their road tax sticker known as “marbete” without incurring a penalty payment. The [...]
  • Development council calls for unity

    Economy December 27, 2017 | 10:32 am

    Santo Domingo.- National unity must be encouraged if the problems caused by sectarianism and individualism are to be eradicated, according to the Regional Development Council (CRD). The Council, re[...]
  • 5% growth projected for 2018

    Economy December 26, 2017 | 1:19 pm

    Santo Domingo.- The Minister for Economy, Planning and Development, Isidoro Santana, stated that the economic growth trend is expected to reach 5% at the end of this year, and projected to continue in[...]
  • In ‘Year of water,’ highland city has none

    Economy December 22, 2017 | 3:54 pm

    Santo Domingo.- Despite that as much as 65% of the country's water supply comes the northern region, the city of Jarabacoa's is meager, said José Tejeda president of the highland town's Support Counc[...]
  • Law lets govt. sell up to US$1.5B in State-owned assets

    Economy December 22, 2017 | 3:20 pm

    Santo Domingo.- With the recently approved Financing Law 2018, Congress authorized the Executive Branch to sell the capital shares or stake in State-owned companies or projects up to an amount not hig[...]
  • Fuel prices mixed as reg. gasoline, propane fall, diesel climbs

    Economy December 22, 2017 | 2:31 pm

    Santo Domingo.- The Industry and Commerce Ministry on Fri. posted the fuel prices for the week from Dec. 23 to 29, when premium gasoline will continue at RD$219.80 per gallon, as regular gasoline also[...]
  • Dominican Today again has a Forum

    Economy December 22, 2017 | 12:57 pm

    Santo Domingo.- The publishers of Dominican Today are happy to announce the resumption of its Forum after several years being offline, during which the technical aspects were tweaked and the policy on[...]
  • ‘Secretive’ electric pact splits Dominican Republic big business

    Economy December 21, 2017 | 1:00 pm

    Santo Domingo.- National Business Council (CONEP) vice president Circe Almánzar, on Wed. said she's surprised by the Industries Association's (AEIH) refusal to sign the Electricity Pact. She said [...]
  • New bridge expected to ease traffic on busiest highway

    Economy December 21, 2017 | 12:32 pm

    La Vega, Dominican Republic.-  The Public Works Ministry on Wed. opened the bridge at Burende to vehicular traffic, built in just 68 days, after the old structure was demolished as a result of swelli[...]
  • Medina signs Bourse rules amendment bill into Law

    Economy December 20, 2017 | 7:21 pm

    Santo Domingo. - President Danilo Medina on Wed. signed into Law an amendment the country's regulation o the Bourse, to regulate, supervise, develop and promote efficiency and transparency. The bil[...]
  • Dominican Republic industries to snub ‘secretive’ Electricity Pact

    Economy December 20, 2017 | 3:55 pm

    Santo Domingo.-  Herrera and Santo Domingo Province industries Association president Antonio Taveras announced Wed. that despite their being convened to sign the Electricity Pact in the National Pala[...]
  • Govt. to buy US$604.0M in medicine to supply 2018

    Economy December 19, 2017 | 5:55 pm

    Santo Domingo.- The Government on Tues. announced it will buy RD$2.9 billion (US$604.0 million) in medicines, to continue supplying the public hospitals and pharmacies in 2018. The Essential Drugs [...]
  • Govt.’s ‘race to debt’ leads country to a ‘dark dead end’

    Economy December 19, 2017 | 3:41 pm

    Santo Domingo.- Academicians of the Santo Domingo Technological Institute (INTEC) School of Economics, on Tues. warned that the Government's continued 'race for loans" and debt,  the country will ent[...]
  • Govt. looks to cut jump in traffic deaths during holidays

    Economy December 19, 2017 | 2:11 pm

    Santo Domingo.- Public Health authorities on Mon. launched preventive actions, including visits and supervision of the country's trauma services to guarantee timely attention during the holidays, when[...]
  • Govt. trims time to form a company, obtain building permits

    Economy December 19, 2017 | 1:19 pm

    Santo Domingo.- President Danilo Medina set a goal for the govt. to trim to three days to form a company, 60 to obtain a building permit and 45 for a sanitary registry. The measures were taken duri[...]