Government agencies are urged to ‘buy green’
Economy May 4, 2017 | 12:19 pm
Santo Domingo.-The Environment Ministry and the Public Purchasing Agency on Wed. agreed to encourage government agencies to make environmentally sustainable purchases. "The strategies we're promoti[...]Pact promotes partnerships to boost the country’s export sector
Economy May 3, 2017 | 8:30 pm
Santo Domingo.- The National Competitiveness Council (CNC) and the Dominican Exporters Association (ADOEXPO) signed an agreement Wednesday to promote partnership and develop the potential of the count[...]Labor Ministry announces a 20% minimum wage hike
Economy May 3, 2017 | 2:56 pm
Sano Domingo.- Labor minister José Ramón Fadul on Wed. announced a 20% increase on the minimum wage, to be divided into two parts: 13% to take effect this month and the remaining 7% starting Novembe[...]Progreso bank grows 8.9% to US$1.12B
Economy May 3, 2017 | 2:29 pm
Santo Domingo.- The Banco del Progreso bank on Tuesday announced at 8.9% growth of assets at yearend 2016, bringing it to RD$54.0 billion (US$1.12 billion). Progreso senior vice president for Fin[...]Haiti, Dominican radio stations clash over ‘static’
Economy May 2, 2017 | 8:41 pm
Santo Domingo.- The Government will contacts Haiti telecom authorities to solve the problems of phone and radio interference from Haitian stations to Dominican stations operating in the same area. [...]Biggest bank’s assets jump 8.9% to US$8.1B in 2016
Economy May 2, 2017 | 2:38 pm
Santo Domingo.- The president of the country's biggest bank on Saturday announced that its total assets topped RD$387.0 billion (US$8.1 billion) in 2016, or 8.9% higher than in 2015. Grupo Po[...]Major cash transactions could soon be extinct
Economy May 2, 2017 | 1:40 pm
Santo Domingo.- Cash transactions to buy or sell homes, apartments, farms, cars and precious jewels could soon be extinct, at least in transactions of five figures or higher. A bill in the Senate f[...]Industries: food product registries take too long
Economy April 28, 2017 | 4:00 pm
Santo Domingo.- Dominican Republic Industries Association (AIRD) president Campos De Moya on Thursday asked the government to speed up issuing new sanitary registry for food products. The industria[...]Diesel, gasoline, propane fall, natural gas unchanged
Economy April 28, 2017 | 2:43 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from April 29 to May 5, when premium gasoline will cost RD$216.80 and regular RD$200.70, or RD$3.00 les[...]Icon Dominican Republic tourism city ‘Illiteracy Free’
Economy April 27, 2017 | 7:56 pm
La Romana, Dominican Republic -The National Literacy Plan "Quisqueya learns with you" on Thursday declared the city of La Romana "Illiteracy Free Municipality" by cutting its illiteracy rate to 4.0%. [...]As UN troops pull out, Senate looks to improve border
Economy April 27, 2017 | 5:09 pm
Santo Domingo .- A Senate commission will study the measures to be taken along the border with Haiti in the wake of the pullout of UN peacekeepers (Minustah) from that country, "to strengthen security[...]Cable car 60% complete; aims to shuttle 300K+ commuters
Economy April 27, 2017 | 1:55 pm
Santo Domingo.- The Dominican capital's cable car, the first of its kind built in the country, aims to shuttle more than 300,000 commuters in some 30 barrios, most of them poor, is 60% complete. Th[...]Public Works evaluates flood damages
Economy April 27, 2017 | 12:50 pm
Santo Domingo.- Public Works minister Gonzalo Castillo on Wed. said the damages caused by the rains that have affected infrastructure are being evaluated. "We're l[...]Minimum wage hike of 20% ‘excessive,’ will lead to layoffs
Economy April 26, 2017 | 3:43 pm
Santo Domingo.- Dominican Republic Industries Association (AIRD) executive vice president Circe Almanzar on Monday called the 20% salary on the minimum wage ordered by the National Wage Committee, exc[...]Santo Domingo Metro 1Q commutes jump 8.25% to19.0M
Economy April 26, 2017 | 2:14 pm
Santo Domingo.- National Statistics Office (ONE) director Alexandra Izquierdo on Tuesday said the Santo Domingo Metro served nearly 19.0 million passengers in the first quarter, or 8.25% more than the[...]Nixing banking secrecy at top of concerns in new law
Economy April 25, 2017 | 1:51 pm
Santo Domingo.- In a meeting with the Senate Defense and Justice commissions, several banking, tourism and other business sectors, on Monday said that among their top concerns with the around 30 dissi[...]Ottawa US$218.0M would turn trash dump into landfill
Economy April 25, 2017 | 12:52 pm
Santo Domingo.- The Canadian government is interested in investing US$218 million in the Duquesa trash dump and turn it into a landfill, Santo Domingo Norte mayor René Polanco revealed Monday. He [...]UNIBE event eyes stronger DR-UK ties post Brexit
Economy April 24, 2017 | 4:57 pm
Santo Domingo..- UNIBE University's International Business School recently held the second annual Business Week International Seminar 2017, which analyzed Dominican Republic's bilateral ties with the [...]Bitcoin: Dominican market posts record volumes
Economy April 24, 2017 | 3:29 pm
Santo Domingo.- Livebitcoinnews.com on Monday said another week of bitcoin trading is in the books, "and some new records have been set once again. It is obvious cryptocurrency will make a big impact [...]Police officers are warned: respect traffic cops
Economy April 24, 2017 | 1:57 pm
Santo Domingo.- After weeks of incidents staged between police officers and members of the military against Metropolitan Transit Authority (Amet) agents, the National Police ordered full compliance [...]