Odebrecht scandal: Govt. won’t pay ‘a penny more’ for power plant
Economy August 25, 2017 | 2:54 pm
Santo Domingo.- The Dominican government won't pay a penny more than what the contract with the Odebrech conglomerate stipulates, said State-owned Electric Utilty (CDEEE) CEO Ruben Jimenez Bichara o[...]Govt. priority: Santiago-Puerto Plata road; Santo Domingo Beltway
Economy August 24, 2017 | 3:33 pm
Santo Domingo.- The construction of a new 32-kilometer highway between Santiago and Puerto Plata; the completion of the remaining section of the Santo Domingo Beltway, and to complete the Eastern Road[...]First solar energy research ship arrives in Santo Domingo
Economy August 24, 2017 | 2:20 pm
Santo Domingo.- The first scientific ship which relies on solar and hydrogen energy year-round arrived in the capital's Sans Souci port Thurs. The vessel 'Race for Water' will remain in the country[...]High level visit aims to boost Dominican-Puerto Rican ties
Economy August 24, 2017 | 1:21 pm
San Juan.- Puerto Rico secretary of state Luis G. Rivera Marín will travel to Dominican Republic on Thursday, to discuss trade, cultural ties between the two countries, among other topics, and to rev[...]Industries concerned with Competitiveness agency’s ‘bias’
Economy August 23, 2017 | 7:49 pm
Santo Domingo.- The Dominican Republic Industries Association (AIRD) on Wed. expressed its concern with the reports by the Observatory of Conditions of Competition in Markets published by the regulato[...]Despite scolding, GoldQuest upbeat on permit for western mine
Economy August 23, 2017 | 2:22 pm
Santo Domingo.- The miner GoldQuest on Tue. said it's confident that the Energy and Mines Ministry will issue the extraction permit for the Romero mining project, in western San Juan province. Th[...]Container traffic through Dominican ports jump 38.81% in IQ
Economy August 23, 2017 | 1:15 pm
Santo Domingo.- The movement of containers with exported and imported products through Dominican Republic's ports jumped 38.81% in the first quarter of this year with 488,409, or 136,542 more than the[...]Miners ‘absolute misery’ prompts ban on amber, larimar exports
Economy August 23, 2017 | 12:34 pm
Santo Domingo.- Energy and Mines minister Antonio Isa on Tuesday announced a ban on amber and larimar exports until it regulates their extraction and marketing. He said Energy and Mines aims to[...]Gov. earmarks US$2.2B to boost agro, fund SMEs
Economy August 23, 2017 | 11:25 am
Santo Domingo.- The Government, through four credit institutions, has earmarked RD$104.7 billion (US$2.2 billion) to support agro producers and finance small and medium businesses over a five-year per[...]Electricity pact, key to Dominican Republic’s competitiveness
Economy August 22, 2017 | 5:14 pm
Santo Domingo.- The electricity pact is essential to achieve greater levels of competitiveness in the Dominican Republic, as it defines a collective and sustainable vision for a period of approximatel[...]Drones take health services to rugged western highlands
Economy August 22, 2017 | 3:33 pm
San Juan de la Maguana, Dominican Republic.- Access to health services has traditionally been tortuous for residents of some towns and villages of western San Juan de la Maguana province, nestled in t[...]Study: 107 small hydro-electrics can safely power 6,800 rural homes
Economy August 22, 2017 | 1:48 pm
Santo Domingo.- At least 6,800 rural households would have safe electric power if the 107 small hydroelectric plants identified by Santo Domingo Technology Institute (INTEC) researchers in Dominican R[...]Gov. gives exporters a tool for regional business
Economy August 22, 2017 | 1:12 pm
Santo Domingo.- The Dominican Government, through the National Competitiveness Council, on Monday provided exporters with a catalog with key information on the main routes, ports, agents and commercia[...]Cooking gas should cost RD$71.20-gallon, not RD$106.80
Economy August 22, 2017 | 12:07 pm
Santo Domingo.-The Consumer Rights Foundation (Fundecom) on Monday said cooking gas (LPG) should cost RD$71.20 per gallon, instead of RD$106.80, a difference of RD$35.60 per gallon. It said the pro[...]Dominican, Dutch Antilles officials talk economic cooperation
Economy August 21, 2017 | 8:25 pm
Willemstad, Curacao.- The Dominican Republic on Monday signed the Political Dialogue Act with Curacao, Aruba, St. Martin and the Netherlands, which creates work groups for economic cooperation, health[...]Haiti, main market for Dominican plantains at US$4.6M
Economy August 21, 2017 | 4:45 pm
Santo Domingo.- Haiti's population of 10.8 million was the main market for Dominican plantain exports last year, when sales topped US$4.6 million. Citing data from the Dominican Republic Export and[...]Medina kicks off school year with Digital Republic challenge
Economy August 21, 2017 | 3:14 pm
Monte Plata, Dominican Republic.- President Danilo Medina on Monday headed the ceremony to kick off school year 2017-2018, in the City of Knowledge educational project, where he will also inaugurate a[...]RD$135M in works aim to improve energy for eastern towns
Economy August 21, 2017 | 1:36 pm
Santo Domingo.- The electricity distributor EDE Este has began construction of a substation and a 34.5 kilovolts power line to improve electricity service to more than 15,000 residents of Nisibón and[...]Anti-money Laundering Law could hurt profits, businesses warn
Economy August 21, 2017 | 1:06 pm
Santo Domingo.- Business leaders are concerned over potential declining profits once the Anti-money Laundering and Terrorism Financing Law is enforced. The construction and real estate sector fea[...]Gasoline down; diesel, propane up; natural gas unchanged
Economy August 18, 2017 | 4:07 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from August 19 to 25, when premium gasoline will be cost RD$209.80, and regular RD$195.70, both RD$2.50[...]