Customs officials promote Morocco-Haiti- Dominican Rep. trade
Economy August 7, 2017 | 12:35 pm
Santo Domingo.- The Caribbean Export Development Agency (Caribbean Export) joined forces with the customs administrations of Haiti, the Dominican Republic and Morocco with a view to promoting south-so[...]Exporters hail release of US$93.8M bank reserve
Economy August 7, 2017 | 12:33 pm
Santo Domingo.- Dominican Exporters Association (Adoexpo) president lvaro Sousa Sevilla on Friday hailed the Central Bank's decision to release around RD$4.5 billion (US$93.8 million) from the bank re[...]Most fuel prices up this week
Economy August 4, 2017 | 2:26 pm
Santo Domingo.- All fuels except natural gas will be subject to price increases as of Friday and the prices will remain in effect until next Friday, August 11th, according to the weekly upd[...]Expo Vega Real opens
Economy August 4, 2017 | 11:37 am
La Vega.- Now in its 22nd year, Expo Vega Real 2017 was inaugurated Thursday, with a call for unity between sectors to transform the province into a productive, tourism and export center ba[...]Energy and Mines Minister seeks support for clean energy
Economy August 3, 2017 | 7:52 pm
Paris.- During a meeting in the French capital, Minister of Energy and Mines Antonio Isa Conde proposed cooperation between the Renewable Energy Syndicate (SER) in France and the Dominican state for p[...]38,000 foreigners deported so far this year
Economy August 2, 2017 | 4:53 pm
Santo Domingo.- The Migration Department (DGM) says that 13,446 foreign nationals with irregular migratory status in the Dominican Republic were deported to their countries of origin during the month [...]Dominican Republic produces 500 million limes a year
Economy August 2, 2017 | 12:51 pm
Santo Domingo.- The Dominican Republic produces around half a billion limes every year, of which 50% is exported to Haiti, Puerto Rico and the United States. Over the past year, Dominican lime expo[...]Digital Republic initiative cuts bureaucracy
Economy August 2, 2017 | 10:40 am
Santo Domingo.- The commission in charge of promotingthe Digital Republic initiative says that 25 public services will soon be easier to carry out by using online mechanisms. The statements were ma[...]Public urged to be patient with power cuts
Economy August 1, 2017 | 1:59 pm
Santo Domingo.- The executive vice president of the State Electricity Corporation (CDEEE), Rubén Jiménez Bichara, is calling on the public to be patient despite the recent increase in power cuts. [...]BanReservas and BHD León sign agreement
Economy August 1, 2017 | 1:36 pm
Santo Domingo.- BanReservas and BHD León have signed an agreement launching a joint ATM network with coverage across all of the country’s provinces, which will be the first of its kind in the na[...]East region housing project nips US$25.0M from Pension Fund
Economy July 29, 2017 | 2:37 pm
Higuey, Dominican Republic.- President Danilo Medina on Friday broke ground for the low-cost housing project, Higüey City Homes, to be built at a cost of over RD$1.2 billion (US$25.0 million) from th[...]Gov approves Neita gold exploration concession application
Economy July 28, 2017 | 3:41 pm
Toronto (Marketwired via COMTEX). - Unigold Inc. ("Unigold" or the "Company") (UGD) is pleased to announce that the Dirección General de Minería has completed and finalized the review of the explora[...]Diesel, propane climb; gasoline, natural gas unchanged
Economy July 28, 2017 | 3:14 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday potsed the fuel prices for the week from July 29 to August 4, when premium gasoline will still cost RD$208.30, and regular RD$195.20 per ga[...]Expert slams Govt. red tape on major gold mine in the west
Economy July 28, 2017 | 2:07 pm
Santo Domingo.- The Energy and Mines Ministry is slow to issue the license to extract gold at the El Romero deposit in western province San Juan, which could discourage new investments, former Domin[...]Central Bank releases US$425.0M of bank reserve
Economy July 28, 2017 | 11:46 am
Santo Domingo.- Dominican Republic's Central Bank on Thur. announced a roll back of 2.2 percentage points to release RD$ 20.4 billion (US$425.0 million) of bank reserve, aimed at productive, export, a[...]Biggest Dominican bank among world’s top 1,000: The Banker
Economy July 27, 2017 | 5:12 pm
Santo Domingo.- Dominican Republic's biggest bank on Thursday announced it was selected once again to be part of the list of the world's 1,000 best banks published annually by The Banker magazine, thi[...]Cash flow crunch not Central Bank’s fault, official
Economy July 27, 2017 | 2:31 pm
Santo Domingo.- Central banker Héctor Valdez Albizu, on Wed. said the demand for money and low investment are the cause of complaints that there's a fall in the currency circulating in the economy an[...]Local company converts conventional autos to electric: report
Economy July 27, 2017 | 1:39 pm
Santo Domingo.- Just like in 2007 when thousands of Dominicans opted to install natural or propane gas in their gasoline-powered vehicles to lower fuel costs, they'll also be able to convert them to e[...]Business leaders demand works in icon industrial zone
Economy July 27, 2017 | 1:00 pm
Santo Domingo.- Hundreds of retail, industrial and services sector companies operating in the Herrera Industrial Zone have grown tired of waiting for fulfillment of government promises of street light[...]Medina breaks ground on US$110.0M, 48.3MW wind farm
Economy July 27, 2017 | 11:45 am
Puerto Plata.- President Danilo Medina on Wed. headed groundbreaking for the Los Guzmancito 48.3 megawatts wind farm project, to be built at a cost of US$110.0 million by the company Poseidón Energ[...]
