As powder milk flap escalates, small dairies lose RD$1.5 B+
Economy May 11, 2017 | 1:58 pm
Santo Domingo.- Small-scale milk producers have lost more than RD$1.5 billion since 2016, according to Dominican Milk Producers Association (Aproleche) president Eric Rivero, who affirmed that during [...]Agro-military villages in lieu of Dominican-Haiti border wall
Economy May 10, 2017 | 8:47 pm
Santo Domingo.- former National Border Council, president Radhamés Batista on Wed. proposed to develop a farming project along the border to president Danilo Medina, creating military-agrarian settle[...]AES Dominicana signs liquefied natural gas supply agreement with Barbados National Oil Company Ltd.
Economy May 10, 2017 | 8:11 pm
Santo Domingo. - The energy group AES Dominicana has signed an agreement to supply liquefied natural gas (LNG) to the Barbados National Oil Company Limited (“BNOCL), from its AES Andres LNG terminal[...]Bill: telecoms would pay fee to finance 9-1-1 System
Economy May 10, 2017 | 1:42 pm
Santo Domingo.- The country's telecoms would pay a fixed rate that would serve to finance the National Emergency Response System 9-1-1, to assist people in dangerous circumstances nationwide. The[...]Puerto Rico-Dominican ferry returns, will spur tourism, trade
Economy May 10, 2017 | 12:03 pm
Santo Domingo.- The company Ferries del Caribe resumed its service which reactivates tourism and trade by plying the Puerto Rico-Dominican Republic route. Since the late 1980s the company has tra[...]Haiti, Cuba, the Caribbean, major buyers of Dominican products
Economy May 9, 2017 | 7:14 pm
Santo Domingo.- Dominican Republic Export and Investment Center director Luis H. Molina on Tuesday said the country is a major exporter to the Caribbean islands, especially of construction materials. [...]Dominican securities market trades climb 62% in 1Q, report
Economy May 9, 2017 | 1:06 pm
Santo Domingo.- The closing of the first quarter of 2017 posted notable growth in trades through the Dominican Securities Exchange (BVRD), diariolibre.com reports. As of April 31, trade volume in t[...]New York’s 800,000+ Dominicans cringe from Obamacare repeal
Economy May 8, 2017 | 4:04 pm
New York .- The estimated more than 800,000Dominicans living in the city fear that Congress' passing of the new health law in the US Thursday will make care less affordable to millions of citizens. [...]Utility pushes start of US$780.0M renewable energy projects
Economy May 8, 2017 | 3:32 pm
Santo Domingo.- The State-owned Electric Utility (CDEEE) announced new contract conditions to award renewable energy projects totaling US$780.0 million, to guarantee their start and timely conclusio[...]Utility repairs Greater Santo Domingo’s largest aqueduct
Economy May 8, 2017 | 1:20 pm
Santo Domingo.- Santo Domingo Aqueduct Utility (CAASD) director Alejandro Montás on Sunday said more heavy equipment and crews were sent repair the damages from the recent heavy rains to Duey-Isa-M[...]Dominican, Haiti broadcasters wage a battle of the airwaves
Economy May 8, 2017 | 12:29 pm
Santo Domingo.- Dominican Telecom Institute president José Del Castillo on Sunday acknowledged that radio and telephone interferences from Haiti affect the border region, where broadcasters wage a ba[...]US$10.4M+ in damage to roads, bridges from downpours
Economy May 5, 2017 | 9:16 pm
Santo Domingo.- Public Works minister Gonzalo Castillo on Friday set the damages to roadways caused by a week of downpours across the country at more than RD$5.0 billion (US$10.4 million). He said [...]Envoy: Dominican Gov can access UK £500M financing at 3.8%
Economy May 5, 2017 | 4:15 pm
Santo Domingo.- British ambassador Chris Campbell on Thurs. said the financing available from the United Kingdom for the Dominican Republic of around 500 million pounds sterling through a MOU is che[...]Gasoline, diesel fall, natural gas unchanged
Economy May 5, 2017 | 2:55 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from May 6 to 12, when premium gasoline will cost RD$212.80 and regular RD$196.70 per gallon, or RD[...]Business leader hails Jamaica PM ‘momentous’ visit
Economy May 5, 2017 | 2:10 pm
Santo Domingo.- The President of the Roundtable of Commonwealth Countries in the Dominican Republic on Thurs. called the visit by Jamaica prime minister, Andrew Holness, "momentous" for relations with[...]After sharp decline, manufacturing index rebounds to 53.8 in Feb.
Economy May 4, 2017 | 1:27 pm
Santo Domingo.- The Dominican Republic Industry Association (AIRD) on Wed. said after a sharp decline in January, the monthly manufacturing activity index rebounded from 40.2 in the first month of the[...]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[...]