Committee reiterates: 2nd part of wage hike takes effect today
Economy November 15, 2017 | 6:45 pm
Santo Domingo.- The National Salaries Committee (CNS) on Wed. reiterated that the second part of the 20% increase to the minimum wage to non-sectorized companies takes effect today, where salaries are[...]Santiago leads in control of foods sold on streets
Economy November 15, 2017 | 2:05 pm
Santo Domingo.- Public Health Ministry Medicine, Food and Pharmaceutical Dept. (Digemaps) director Karina Mena, on Tues. said it signed agreements with three city councils to improve surveillance, con[...]Environment chief’s focus on Haiti water woes gets regional praise
Economy November 15, 2017 | 1:23 pm
Bonn.- The Dominican delegation headed by Environment minister, Francisco Dominguez was praised on Tues. for stressing the need for the international community to support cross-border environmental in[...]Environmentalists want Punta Catalina power plant converted to natural gas
Economy November 15, 2017 | 12:19 pm
Santo Domingo.- Environmental organizations and the Santo Domingo State University (UASD) Environmental Commission on Tues. asked president Danilo Medina, Congress and the State-owned Electric Utility[...]Canals cleanup aims to protect crops in the NW
Economy November 13, 2017 | 8:02 pm
Valverde, Dominican Republic.- The dams and canals agency (INDRHI) on Mon. said they are cleaning canals and drainage channels in the Northwest, to maintain a permanent water flow to over 1,800 hect[...]Espaillat heads NYC high-level delegation’s visit to Dominican Republic
Economy November 13, 2017 | 4:34 pm
New York. - Congressman Adriano Espaillat (NY-13) released the following statement upon his return from the Dominican Republic as part of this year's summit to broaden the relationship with the United[...]The Southwest wants a dam, tourism launch once and for all
Economy November 13, 2017 | 3:24 pm
Barahona, Dominican Republic.- The construction of the dam at Monte Grande and the definitive boost of the region's tourism development by the Government were the citizens' main interests in the first[...]Taxman touts agency’s advances, unveils Plan to 2020
Economy November 13, 2017 | 2:59 pm
Santo Domingo.- Internal Taxes (DGII) director Magín Díaz hosted the agency's its annual meeting "integration and motivation," to promote the institution's Strategic Plan 2017-2020. "My goal is t[...]Big business wants Law on political parties passed now
Economy November 13, 2017 | 1:33 pm
Santo Domingo.- The stalled Political Parties and Groups Law has spurred the National Business Council (CONEP) to urge the political leadership to approve the initiative in the current legislature and[...]Manufacturing falls sharply from Aug. to Sept.
Economy November 13, 2017 | 12:00 pm
Santo Domingo.- The Dominican Republic Industries Association's (AIRD) Monthly Manufacturing Activity Index (IMAM) fell sharply from 53.4 in August to 45.0 in September, and below the 50-point ceiling[...]Dominican Republic to start quest for oil, gas in 1Q 2018
Economy November 13, 2017 | 11:47 am
Santo Domingo.- Energy and Mines minister, Antonio Isa on Sun. said exploration for oil will start in Azua (south) and Dajabon (northwest) provinces in the first quarter next year, and for natural g[...]Employers want a new Labor Code, but severance pay weighs
Economy November 10, 2017 | 3:08 pm
Santo Domingo.- Dominican Republic's employers grouped in COPARDOM on Fri. hailed Labor minister José Ramón Fadul's willingness to call on workers, management and the Gov. to resume the talks to ame[...]Gasoline, diesel jump a 4th straight week; gases unchanged
Economy November 10, 2017 | 2:30 pm
Santo Domingo.- The Industry and Commerce Ministry on Fri. posted the fuel prices for the week from Nov. 11 to 17, when premium gasoline will cost RD$225.80, up RD$5.00, and regular will cost RD$208.7[...]Dominican airports post increase in number of passengers
Economy November 10, 2017 | 11:37 am
Santo Domingo.- The number of international passengers arriving or departing via the country's airports to October rose to 10.1 million using regular flights, and 1.4 million in charters, total 11.5 m[...]Central Bank says October prices unchanged
Economy November 9, 2017 | 8:07 pm
Santo Domingo.- Dominican Republic's Central Bank on Thurs. said consumer prices for October remained unchanged, or a variation of 0.00% compared with Sept., with accumulated inflation January to Oc[...]China vows US$820.0M for Dominican Republic projects
Economy November 9, 2017 | 7:46 pm
Santo Domingo.- With a vow to invest US$820.0 in various major projects in the Dominican Republic, China on Thurs. kicked off its 2017 edition of the Commercial Exhibition of the People's Republic o[...]Reuters: Dominican avocado trade to reach peak despite storms
Economy November 9, 2017 | 4:40 pm
Santo Domingo.- Reuters reports that world trade in avocados, mangos, pineapple and papaya "is set to reach a new peak in 2017," as climate change threatens the output of tropical fruit in many grow[...]Seven firms manage US$10.3B Pension Fund
Economy November 9, 2017 | 1:29 pm
Santo Domingo.- The Pension Fund reached RD$494.2 billion (US$10.3 billion) as of Sept. 30, and reached a 15% share of GDP), the Pensions Superintendence (Sipen) said Tues. in its newsletter . RD$4[...]Official denies ‘unsustainable’ debt: the country not at risk
Economy November 8, 2017 | 1:02 pm
Santo Domingo.- Economy minister Isidoro Santana on Tues. denied that the public debt, which some analysts estimate at over 50 percent of GDP, is "unsustainable," or that it's going to place the count[...]Govt. aims to scrap more agencies with duplicate functions
Economy November 8, 2017 | 12:09 pm
Santo Domingo.- Public Administration minister, Ramón Ventura Camejo, revealed Tues. that the Government aims to eliminate the agencies with duplicity of functions and announced an international semi[...]