A fateful day for thousands of Dominican ‘dreamers’
Economy September 5, 2017 | 1:39 pm
New York.- US president Donald Trump called on Congress to prepare to "do its job" with the Deferred Action for Children's Arrivals -DACA- program, which has protected 800,000 undocumented youngsters [...]Textiles, agro top Taiwan’s Dominican investment list
Economy September 5, 2017 | 11:55 am
Santo Domingo.- A mission of Taiwan's Chambers of Commerce of worldwide is exchanging information with Dominican authorities on possible investments in the Caribbean country, especially textiles, agri[...]Influential bishop asks Medina for a dam on rugged river
Economy September 4, 2017 | 9:02 pm
Santo Domingo.-  Monsignor José Dolores Grullón on Monday asked president Danilo Medina to build a hydroelectric dam on the Artibonito river, because he affirms will contribute to develop Elias PiÃ[...]Agro sector gets a One-stop Foreign Trade Window
Economy September 4, 2017 | 4:30 pm
Santo Domingo.- The Agriculture Ministry and the Customs Agency established a One-stop Foreign Trade Window (VUCE-RD), to expedite the procedures to export and import agro products In a statement A[...]US$2.0M project aims to make panning for gold more profitable
Economy September 4, 2017 | 2:46 pm
El Seibo, Dominican Republic.- Â Submerged in holes next to streams, rivers and canyons, dozens of men pan for alluvial gold every day as has been done for over 500 years, as a source of income for ma[...]Farmers evicted from Valle Nuevo National Park get new homes
Economy September 4, 2017 | 12:53 pm
Constanza, Dominican Republic.- Environment minister Francisco Dominguez on Sunday announced advances on the construction of the housing complex "Villa Popy," to relocate the farm workers evicted from[...]Govt. RD$20.0B aims to boost economy as GDP slumps
Economy September 4, 2017 | 12:04 pm
Santo Domingo.- The government will inject resources for construction, production and consumption to boost the economy in response to a slumping GDP growth, of just 4.0% so far this year. Administr[...]Govt. plans 2 new international airports to spur agro production
Economy September 2, 2017 | 2:22 pm
Santo Domingo.- Dominican Civil Aviation Institute (IDAC) director Alejandro Herrera on Monday said president Danilo Medina wants to turn the airfields at Constanza and Montecristi into international [...]Dominican Republic touted as good business for Taiwan companies
Economy September 1, 2017 | 4:46 pm
Santo Domingo.- Foreign minister Miguel Vargas on Friday met with representatives from 24 Taiwanese companies, who expressed an interest in doing business in the Dominican Republic. He said the cou[...]Mistrust in Govt. sputters economy, ex-central banker says
Economy September 1, 2017 | 3:44 pm
Santo Domingo.- Former Central banker Guillermo Caram on Friday that a mistaken fiscal policy and lack of confidence by the economic agents in the government are behind the economy's slowdown in the f[...]Diesel, propane, gasoline climb again, natural gas stays put
Economy September 1, 2017 | 2:43 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from September 2 to 8, when premium gasoline will cost RD $214.80, and regular RD$200.70 per gallon, bo[...]China US$30.0B Haiti rebuild could boost Dominican economy
Economy August 31, 2017 | 11:57 am
Santo Domingo.- The government of China plans to invest US$30.0 billion in Haiti's reconstruction, an ambitious project that would have a major economic, social and migratory impact for that nation an[...]Economy at first half up 4%; inflation 1.02%; jobless 5.4%
Economy August 31, 2017 | 10:36 am
Santo Domingo.- Central banker Hector Valdez Albizu on Wed. said the economy grew 4% in the first half, with inflation of 1.02%, while annualized inflation stood at 2.55% The official said the jobl[...]Only ‘urgent’ minimum wage hike can halt economic slowdown
Economy August 31, 2017 | 10:35 am
Santo Domingo - The Santo Domingo Institute of Technology (INTEC) School of Economics on Tues. urged the Government to submit a bill which raises the minimum wage, to recover the economy in the short [...]Big business also opposes sale of propane in gas stations
Economy August 31, 2017 | 10:33 am
Santo Domingo.- National Business Council (Conep) president Pedro Brach on Tue. said he's opposed to the sale of propane gas at stations of other fuels. The Conep's position comes just hours after [...]Dominican Republic US$1.38B in l IDB loans among region’s highest
Economy August 30, 2017 | 11:38 am
Santo Domingo.- With US$1.38 billion in loans, Dominican Republic is among the region's nations which owe the most to the Inter-American Development Bank (IDB). The IDB has become one of the main s[...]Gov. bans fishing in extensive zones of Samana Bay
Economy August 29, 2017 | 3:02 pm
Santo Domingo.- The Environment Ministry on Tue. announced six fishing exclusion zones in Samaná Bay (northeast) , and signed two agreements to build capacity and conserve the natural resources. E[...]New RD$2.0 gasoline tax aims to secure 2018 revenue of US$12.1B
Economy August 29, 2017 | 1:58 pm
Santo Domingo.- The government plans fiscal changes next year and according to the Finance Ministry's report on Macroeconomic Projections, the RD$2.0 tax for each gallon of premium or regular gasoline[...]US envoy, Competitiveness chief meet, talk business
Economy August 29, 2017 | 1:05 pm
Santo Domingo.- National Competitiveness Council (COMPETITIVIDAD) director Rafael Paz, met Tue. with US Embassy, chargé d'ffaires Robert Copley to establish strong business ties between both nations.[...]Foreign investment companies: propane shouldn’t be sold in gas stations
Economy August 28, 2017 | 8:56 pm
Santo Domingo.- Dominican Foreign Investment Companies Association (ASIEX) executive director Patricia Bobea on Monday said they support an amended and modernized regulation to ban the sale of propane[...]