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 [...]Gasoline diesel fall, propane rises, natural gas unchanged(Correct)
Economy April 21, 2017 | 3:04 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week from April 22 to 28, when premium gasoline will cost RD$219.80, and regular will cost RD$203.00, both R[...]Dominican Republic is LatAm’s blackouts champ: IDB
Economy April 21, 2017 | 12:34 pm
Santo Domingo.- The Inter-American Development Bank (IDB) conducted a study which found that Dominican Republic is the nation with the most blackouts per month, compared to others in Latin America. It[...]Business leader praises miners, ‘lack of knowledge’ spur gripes(Update)
Economy April 20, 2017 | 4:00 pm
Santo Domingo.- Goldquest Dominicana president Julio Espaillat said the planned mine in San Juan de la Maguana province (south) wontt harm the surrounding vegetation because it's 150 meters below the[...]Biggest Dominican bank grows 4.5% to US$7.3B in 1Q
Economy April 20, 2017 | 1:33 pm
Santo Domingo.- Dominican Republic´s biggest bank on Wed. reported sustained first quarter growth, as well as a positive performance in its indicators of asset quality, profitability and solvency, co[...]Rock samples reveal possible oil deposits on land, sea
Economy April 19, 2017 | 1:21 pm
Santo Domingo.- Several areas of the Dominican Republic have rocks that are "mature enough" to produce oil or natural gas, according to the Energy and Mines Ministry's technical analyzes which recomme[...]