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[...]Contract to finish Punta Catalina ratified at Iowa meeting
Economy November 8, 2017 | 11:42 am
Santo Domingo.- Two commissions from the State-owned Electric Utility (CDEEE) and Stanley Consultant, met Sunday in Iowa, where they ratified the terms in the contract to conclude the Punta Catalina p[...]App lets Dominicans tip off Antinarcotics anonymously
Economy November 7, 2017 | 4:15 pm
Santo Domingo.- Antinarcotics (DNCD) president, Edmundo Felix, on Tues. announced the mobile app Sociedad Empoderada Reporta (SER) (empowered society reports), to anonymously tip off authorities. T[...]Bank reserve of US$490.2M channeled as credits: bankers
Economy November 7, 2017 | 2:49 pm
Santo Domingo.- Dominican Republic Commercial Banks Association (ABA) on Mon. said the funds released from the bank reserve have been "channeled satisfactorily as credits, fulfilling the objectives of[...]Dominican Republic is still Latin America’s tourism leader
Economy November 7, 2017 | 2:01 pm
Miami (Latinvex).- The Dominican Republic remains the second-largest tourism market in Latin America in revenues and now also has passed Argentina in terms of visitors, according to a new analysis fro[...]No changes on fuel sales in stations for now
Economy November 7, 2017 | 1:13 pm
Santo Domingo.- The Industry and Commerce Ministry on Mon. its postpone making a decision on the proposed sale, in the same stations, of liquid fuels and gases, as some distributors have requested. [...]IMF upbeat on Dominican Republic’s sustained growth
Economy November 7, 2017 | 12:03 pm
Santo Domingo.-The International Monetary Fund (IMF) mission which came to the Dominican Republic affirmed Mon. that the country is upbeat on continued economic growth for the rest of this year and 20[...]Environment issues 171 permits for timber lands
Economy November 6, 2017 | 2:45 pm
Santo Domingo.- The Environment Ministry on Sat. handed out 171 certificates to owners of lumber lands with the right to lumber, in various provinces across the country. It said the certificates [...]Border region’s thirst for jobs to get quenched with 30 companies
Economy November 3, 2017 | 8:11 pm
Santo Domingo.- Special Border Development Zone Council coordination Luis Estrella on Fri. announced that 30 companies have prequalified for final approval, which will add a considerable number of job[...]All fuel prices except natural jump a 3rd straight week
Economy November 3, 2017 | 2:23 pm
Santo Domingo.- For the third straight week the Industry and Commerce Ministry on Fri. posted higher prices on all fuels except for natural gas, which will remain unchanged from Nov. 4 to 10. Pre[...]Govt. heightens controls, seeks help to fight bird flu
Economy November 3, 2017 | 1:19 pm
Santo Domingo.- Agriculture minister Ángel Estévez on Thurs. announced the creation of a commission to control and eradicate bird flu. He said the commission will work to boost poultry production[...]Sustainability, the private sector’s new development model
Economy November 2, 2017 | 7:23 pm
Santo Domingo. - With presentations, panels and conferences by representatives of world organizations, official and business authorities, the role of the private sector in achieving the Sustainable De[...]Amid calls to cut Govt. largess, First Lady’s budget is a target
Economy November 2, 2017 | 4:39 pm
Santo Domingo.- Opposition Modern Revolutionary Party (PRM) deputy Wellington Arnaud on Thursday suggested splitting the increase for the Office of the First Lady's budget and distribute the funds amo[...]Dominican Republic advances in World Bank’s Doing Business
Economy November 1, 2017 | 7:48 pm
Santo Domingo.- The Dominican Republic advanced from position 103 to 99 in the World Bank's Doing Business, which focuses on the relevant regulations in the lifecycle of companies, especially the smal[...]Blackouts cost users US$1.0B yearly: power companies
Economy November 1, 2017 | 4:49 pm
Santo Domingo.- The Dominican Electrical Industry Association (ADIE) on Wed. said the cost of energy and alternative lighting to deal with the hours of blackout cost individuals and businesses US$500.[...]Big business refutes big tax dodger image
Economy November 1, 2017 | 12:44 pm
Santo Domingo.- National Business Council (Conep) president Pedro Brache on Tues. said the perception revealed by the Gallup-HOY survey that employers are the biggest tax dodgers is incorrect. "My [...]Dominican Republic edges closer to an Electric Pact
Economy November 1, 2017 | 12:04 pm
Santo Domingo.- The Government invited all sectors to the signing of the Electric Pact, whose document of proposals was delivered to president Danilo Medina on Tues. by the Economic and Social Council[...]Team which eradicated the Med-Fly gets international kudos
Economy October 31, 2017 | 7:06 pm
Santo Domingo (iaea.org).- The team from the Joint FAO/IAEA Division of Nuclear Techniques in Food and Agriculture, Department of Nuclear Sciences and Applications, and the Latin America and the Carib[...]Taiwan, China escalate courtships for the Dominican Republic(Update)
Economy October 31, 2017 | 12:05 pm
Santo Domingo.- China commercial development office representative Fu Xinrong on Mon. announced the 7th edition of Expo China 2017, from Nov. 9 to 12 at Dominican Fiesta hotel, where around 30 Chinese[...]