Environment slaps a RD$7.6M fine on Falcondo for oil spill
Economy September 26, 2017 | 4:50 pm
Santo Domingo.- The Environment Ministry on Tues. announced it fined ferro-nickel miner Falcondo RD$7.6 million for environmental damages from the oil spilled by one of its pipelines at Haina township[...]Haiti truckers block border crossing, demand ban of products lifted
Economy September 26, 2017 | 3:17 pm
Jimani, Dominican Republic.- Haitian truckers on Monday parked their rigs to block the border crossing at Malpasse, cutting off traffic to Haiti, from Independencia province (west) . The Haitian tr[...]Environment deadlines loom for National Park farmers
Economy September 26, 2017 | 2:20 pm
Santo Domingo.- Environment minister Francisco Dominguez on Tuesday presented the report on the survey on active farm plots in Los Haitises National Park, dated September 2017. The Environment Mini[...]Dominican Republic US$16.98B Budget boosts social programs, economy
Economy September 26, 2017 | 12:11 pm
Santo Domingo.- President Danilo Medina and his cabinet Mon. night approved the draft of the 2018 Budget, of RD$814.82 billion (US$16.98 billion). Finance minister Donald Guerrero said there's [...]After seeing flood damage, Medina to meet with officials at Palace
Economy September 25, 2017 | 1:24 pm
Santo Domingo.- President Danilo Medina will meet with officials and municipal authorities at the National Palace today Monday after a tour of several areas affected by Hurricane Maria, including town[...]Dominican Republic-China ties? Taiwan voices dire warning
Economy September 23, 2017 | 1:51 pm
New York.- Taiwan Foreign minister David Tawei Lee, on Fri. defended his country's diplomatic ties with the Dominican Republic, and warned of what could occur if Santo Domingo establishes relations wi[...]Gasoline falls, propane climbs, natural gas stays put
Economy September 22, 2017 | 2:17 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from Sept. 23 to 29, when premium gasoline will cost RD$216.30 per gallon, and regular rate RD$201.70[...]Storm knocks out power to thousands in north, east; spares south
Economy September 22, 2017 | 12:33 pm
Santo Domingo.- The State-owned Electric Utility (CDEEE) on Thursday reported that the northern and eastern regions were the areas most affected by Hurricane Maria, with 100 circuits out of 591 with[...]US Embassy won’t provide routine consular services on Thurs.
Economy September 20, 2017 | 2:32 pm
Santo Domingo, DN - For the safety of our staff and visitors during the weather conditions caused by Hurricane Maria, the Consular Section of the United States Embassy in Santo Domingo will not offer [...]New bankruptcy law fills institutional void: experts
Economy September 19, 2017 | 5:38 pm
Santo Domingo.- Economy minister Isidoro Santana and World Bank local representative Alessandro Legrottaglie on Monday said the new bankruptcy law will fill the institutional void and improve the coun[...]Santo Domingo HUB to stage ambitious business event
Economy September 19, 2017 | 4:33 pm
Santo Domingo.- The Santo Domingo Commerce and Production Chamber held a meeting with the commercial attaches of the diplomatic missions in the Dominican Republic to unveil the Santo Domingo HUB Chamb[...]Storm cancels nearly 20 Santo Domingo-based flights
Economy September 19, 2017 | 3:08 pm
Santo Domingo.- Some 19 international flights on the Santo Domingo-Miami, San Juan, and Bogota, routes by three airlines were canceled Tuesday, Wednesday and Thursday, as the country faces serious con[...]Trinidad & Tobago eyes strong business ties with Dominicans
Economy September 18, 2017 | 3:52 pm
Santo Domingo.- Trinidad & Tobago deputy minister for Trade and Industry, France Seignoret, on Sunday stated her country's interest in wider ties on trade, business and collaboration in Dominican [...]Government trims 2017 growth target again
Economy September 18, 2017 | 3:45 pm
Santo Domingo.- for the second time this year the Dominican government revised its growth target for 2017, trimming it from 5.25% to 4.75%, according to the Economy Ministry's latest Macroeconomic Out[...]Latest hurricane to further soak the nation’s soil
Economy September 18, 2017 | 3:43 pm
Santo Domingo.- While the north region's damage from Hurricane Irma has yet to be tallied, the country is menaced by Hurricane Maria, which the National Hurricane Center says will become a major categ[...]Regulator nays Altice’s Orange-Tricom merger bid
Economy September 18, 2017 | 3:35 pm
Santo Domingo.- The Dominican Telecom Institute (Indotel) turned down the request from Altice Hispaniola, SA (Orange) and Tricom, SA, noting that such a move would "generate an excessive economic conc[...]Diesel, propane climb, gasoline falls
Economy September 15, 2017 | 3:08 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from September 16 to 22, when premium gasoline will cost RD$220.30, or RD$1.50 less, and regular will c[...]More questions as Govt. faces US$708.0M hurdle on Punta Catalina
Economy September 15, 2017 | 12:36 pm
Santo Domingo.- The Brazilian company Odebrecht tightens the screws on the government by insisting in its demand of an additional US$708.0 million payment to finish the Punta Catalina coal-fired pow[...]Top official wields iron fist at energy squanderers
Economy September 14, 2017 | 3:57 pm
Santo Domingo.- Energy and Mines minister Antonio Isa Conde on Thurs. demanded sanctions against the public officials who fail to use energy efficiently and rationally, noting that waste drains Domini[...]Failed electricity system hobbles the country’s development
Economy September 14, 2017 | 2:01 pm
Santo Domingo.- The Dominican Republic will never be able to surmount the underdevelopment gap if it fails to achieve a sustainable and competitive electrical system. That's how Dominican Republic [...]