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[...]Trucks allowed on El Malecon two additional hours
Economy August 18, 2017 | 3:48 pm
Santo Domingo.- Truckers will be allowed to use El Malecon two additional hours, after an agreement announced Thurs. on the regulation of heavy vehicle traffic along the picturesque avenue. After a[...]Free Zones support law that creates long weekends
Economy August 18, 2017 | 12:38 pm
Santo Domingo.- Dominican Free Zones Association (Adozona) executive vice president Jose Manuel Torres on Thurs. rejected the Chamber of Deputies amendments to law 139-97 on the mobility of holidays w[...]Electricity Pact advances with draft of final documents
Economy August 18, 2017 | 12:22 pm
Santo Domingo.- The participants of the plenary meetings leading to the National Electricity Reform Pact Sector on Thurs. received the draft with the final document approved in the pre-plenary gatheri[...]Exporters see Dominican Republic as the Caribbean’s ‘supermarket’
Economy August 17, 2017 | 7:50 pm
Santo Domingo.- Dominican Republic authorities see the Caribbean as an important market for Dominican products, buoyed by the great potential to increase exports to that region. But Dominican Expor[...]Medina cuts ribbon on Blue Mall Punta Cana
Economy August 17, 2017 | 5:26 pm
Punta Cana, Dominican Republic.- President Danilo Medina on Thurs. cut the ribbon on the modern shopping center Blue Mall which will create 3,500 direct and indirect jobs. Tourism mogul Frank Raini[...]Dominican Consul, NYC Mayor meet on immigration, cooperation
Economy August 17, 2017 | 3:53 pm
New York.- Dominican consul general Carlos A. Castillo met Sunday with New York-based Latin American consuls and mayor Bill de Blasio. The meeting held at the Mayor's official Gracie Mansion, where[...]Trade with DR a top priority in Washington’s agenda
Economy August 16, 2017 | 2:11 pm
Santo Domingo.- US interim ambassador Robert Copley said Tues. that the priorities in Washington's agenda with the Dominican Republic are trade relations, security, energy, health and education. "T[...]Resolution ends decade-long electricity dispute in Samana
Economy August 15, 2017 | 6:39 pm
Santo Domingo.- The Electricity Superintendence on Tuesday ordered the electric utility Luz y Fuerza to cease operations in Las Terrenas, Samaná and called on users to obtain service from the competi[...]Dominican Rep. tops Taiwan investment in region; more possible
Economy August 15, 2017 | 1:12 pm
Santo Domingo.- Some 24 Taiwanese companies explore the country's business opportunities and aim to invest in sectors such as tourism, agriculture, manufacturing and textiles. The business leaders [...]Travel agents ask deputies to keep Law on long weekends
Economy August 15, 2017 | 12:42 pm
Santo Domingo.- Dominican Tourism and Travel Agents Association (Adavit) president Ana Santelises, on Monday asked the Chamber of Deputies to strike the approved bill which halts the transfer of hol[...]Protected areas should be used to spur tourism, top hotelier says
Economy August 15, 2017 | 12:15 pm
Santo Domingo.- Dominican Republic Hotels and Tourism Association (ASONAHORES) president Joel Santos said the country's protected areas, which account for over 25% of the national territory, should be[...]Mines chief ‘won’t be rushed’ over GoldQuest mine
Economy August 14, 2017 | 4:46 pm
Santo Domingo. - Energy and Mines minister Antonio Isa Conde on Monday cautioned that no one will "rush" him over GoldQuest's Romero mining project in San Juan de la Maguana (west), and vowed to c[...]Dominican Republic gets 49% of foreign investment in Caribbean
Economy August 12, 2017 | 2:20 pm
Santo Domingo.- The UN Economic Commission for Latin America and the Caribbean (ECLAC) on Friay said the Dominican Republic received 49 percent of all foreign direct investment (FDI) for the Caribbean[...]Dominican Republic’s icon river languishes but hope is not lost
Economy August 11, 2017 | 7:25 pm
Santiago.- The Yaque del Norte River, the country's longest and a source of hydro-electric power, drinking water and which irrigates thousands of hectares of farmlands in the Northwest and Central Cib[...]Deficit financing snaps up 74% of US$ 7.7B Pension Fund, expert warns
Economy August 11, 2017 | 3:23 pm
Santo Domingo.- Economist Ernesto Selman on Thurs. said that 74% of the Pension Fund , currently at RD$371.0 billion (US$ 7.7 billion ) have been used to finance the fiscal deficits of governments and[...]Gasoline, diesel down a peso, all others unchanged
Economy August 11, 2017 | 2:18 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from August 12 to 18, when premium gasoline will cost RD$212.30 and regular RD$198.20, both RD$1.00 les[...]Santo Domingo’s Cable Car could be ready in 4Q
Economy August 11, 2017 | 12:49 pm
Santo Domingo.- Santo Domingo's Cable Car could be ready in the last quarter this year, when it will ply the 5 kilometers between the barrios sprawling of Gualey and Sabana Perdida. Project coordin[...]New transport agency targets rickety passenger cars
Economy August 10, 2017 | 6:21 pm
Santo Domingo.- National Traffic and Land Transport Institute (INTRANT) director Claudia Franchesca de los Santos on Thurs. said steps are being taken to rid the city's main avenues of "public cars" a[...]Central Bank shows how to spread US$489.6M economic boost
Economy August 10, 2017 | 5:57 pm
Santo Domingo.- Central banker Hector Valdez Albizu, met Thursday with treasurers of commercial banks to explain the recent easing of monetary measures that seek to boost the economy. He urged the [...]