Natural gas stays put, all other fuels fall
Economy March 10, 2017 | 3:11 pm
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices for the week of March 11 to 17, when premium gasoline will cost RD$212.80, and regular RD$197.20, both RD$3.00 less [...]Alpha Valores explains the securities market to the press
Economy March 10, 2017 | 2:39 pm
Santo Domingo.- The securities trader Alpha Securities Puesto de Bolsa on Thursday hosted a gathering with the press from the country's East Region, at Punta Cana's Westin Hotel. The activity for m[...]RD$3.6B+ in works to spur Puerto Plata’s development(Update)
Economy March 10, 2017 | 1:21 pm
Puerto Plata,- Of 125 works that form part of a program to spur Puerto Plata's development, 16 have already begun construction in several communities of the province, where a wave of enthusiasm spread[...]Big business balks at talk of impeaching Dominican leader
Economy March 10, 2017 | 12:33 pm
Santo Domingo.- National Business Council (Conep) executive vice president Rafael Paz on Thursday critiqued the proposal of some opposition lawmakers to impeach president Danilo Medina, as the Odebrec[...]Pension Fund climbs 4.39% to US$9.1B
Economy March 10, 2017 | 12:16 pm
Santo Domingo.- The Pension Fund topped RD$436,930 million (US$9.1 billion), a RD$18.4 billion jump to December 31, or 4.39%, higher than the total reported in September 2016. According to Pensions[...]February prices climb 0.42% paced by Transport
Economy March 9, 2017 | 7:49 pm
Santo Domingo.- Dominican Republic's Central Bank on Thursday said consumer prices climbed 0.42% in February, while accumulated inflation during the first two months stands at 1.04%. "The annual in[...]Labor livid as Dominican Republic wage hike talks drag on
Economy March 9, 2017 | 7:40 pm
Santo Domingo.- National Salaries Committee (CNS) will meet March 14 to continue debates which have dragged on for months over a salary increase between labor and management. Rafael (Pepe) Abreu,[...]Town surrounded by water still has no aqueduct
Economy March 9, 2017 | 3:12 pm
Santiago.- The senator for Santiago province on Thursday asked president Danilo Medina to order the construction of an aqueduct at Baitoa, town surrounded by a major river, dams and streams. Julio [...]Environment raises the bar on aggregates extraction
Economy March 9, 2017 | 11:59 am
Santo Domingo.- The Environment Ministry on Wednesday issued new restrictions to extract aggregates, according to Resolution No. 0001/2017, signed by minister Francisco Dominguez. The resolution's [...]Medina meets with regional industries leader in the Palace
Economy March 7, 2017 | 4:22 pm
Santo Domingo.- President Danilo Medina on Tuesday received in the National Palace, Central America and Dominican Republic Industrial Federation Chambers Associations president Enrique J. Egloff. M[...]New free zone companies to invest US$75.0 M, create 1,545 jobs
Economy March 6, 2017 | 3:08 pm
Santo Domingo.- Industry and Commerce minister Temístocles Montás on Friday announced the approval of the permits to install 15 new free zone companies, with an investment of RD$3.6 billion (US$75.0[...]Medina announces US$28.3M+ agroforestry project
Economy March 6, 2017 | 12:34 pm
Santo Domingo.- President Danilo Medina announced Sunday a plan to promote short-cycle crops, reforestation and housing in environmentally sensitive areas of Azua and San Juan de la Maguana provinces [...]World Bank US$120M aims to boost Electric Utility
Economy March 4, 2017 | 12:38 pm
Santo Domingo.- The State-owned Electric Utility (CDEEE) and the World Bank on Thursday announced the start of the second phase of the Electric Network Rehabilitation and Loss Reduction Program, at a [...]Valle Nuevo’s recovery ‘cannot be halted any longer’
Economy March 2, 2017 | 3:34 pm
Santo Domingo.- Environment minister FranciscoDominguez reiterated Thursday that Valle Nuevo's recovery can neither be haltednor delayed any longer.
He also warned that there'll be no new co[...]
Police officers get long-awaited salary hike
Economy March 2, 2017 | 9:25 am
Santo Domingo.- National Police spokesman NelsonRosario on Wednesday said its officers retroactively received a salary increaseacross the board on Tuesday.
The announcement comes after months[...]
8.1M+ Dominicans could vote in the 2020 election
Economy March 1, 2017 | 10:08 am
Santo Domingo.- The Central Electoral Board's(JCE) Voter Registry for the of February 17, 2020, polls would exceed 8.1million, according to its IT and Elections departments.
The projected fig[...]
Power companies, cement makers are top polluters, face measures
Economy March 1, 2017 | 9:45 am
Santo Domingo.- The power companies andcement makers are the country's top polluters, affirmed Environment minister FranciscoDominguez on Tuesday, and revealed measures for both industries.
&[...]
Medina unveils plan to protect natural resources, boost agroforestry
Economy February 28, 2017 | 8:17 am
Santo Domingo.- President Danilo Medina onMonday announced stricter protection of the natural resources with sustainable agroforestryprojects, focused on the country's watersheds. "This govern[...]
Medina pledges sweeping improvements in public safety, transport
Economy February 28, 2017 | 7:52 am
Santo Domingo.- President Danilo Medina onMonday announced higher salaries for the National Police and the Armed Forces, somein excess of 100 percent.
He also announced an overhaul in passeng[...]
Las Americas Airport needs revamp to deal with rising demand
Economy February 24, 2017 | 4:23 pm
Santo Domingo.- Las Americas InternationalAirport needs to be restructured to meet today's high demand for services in SantoDomingo's most important air terminal.
Airports Dept. director Mari[...]