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[...]
Gasoline, natural gas unchanged; propane falls, diesels mixed
Economy February 24, 2017 | 11:11 am
Santo Domingo.- The Industry and Commerce Ministryon Friday poser the fuel prices for the week from February 25 to March 3, when premiumgasoline will continue at RD$214.30 and regular at RD$198.70 [...]
Sector leader warns against exporting to just one nation
Economy February 23, 2017 | 4:03 pm
Santo Domingo.- Dominican Exporters Association(Adoexpo) president Álvaro Sousa on Thursday warned against concentrating thecountry's exports toward just one nation.
In remarks to open [...]
Sotheby’s international realty brand expands presence in Dominican Republic
Economy February 23, 2017 | 10:34 am
Madison, New Jersey /PRNewswire-HISPANIC PR WIRE/ -- Sotheby'sInternational Realty Affiliates LLC today announced that Sergio Llach LuxuryDominican Properties in eastern Dominican Republic is the [...]
UK has £500.0M for Dominican infrastructure projects: envoy
Economy February 23, 2017 | 9:00 am
Santo Domingo.- The United Kingdom has £500.0Mavailable to invest in infrastructure projects in the Dominican Republic, UK ambassadorChris Campbell revealed Wednesday.
He said last week [...]
Free-Trade Zones in the Dominican Republic, an engine for competitiveness and jobs: World Bank
Economy February 22, 2017 | 4:13 pm
Santo Domingo, February 22, 2017. – A newreport presented today by the World Bank suggests a series of policies designedto strengthen free-trade zones in the Dominican Republic as a path towardsu[...]
Govt. agrees with IMF on nixed tax breaks, improved collection
Economy February 22, 2017 | 9:12 am
Santo Domingo.- Finance minister DonaldGuerrero on Tuesday said the government is willing to promote fiscal changes,focusing especially on the elimination of some tax breaks and improved taxcollect[...]
Medina signs sweeping transport bill into Law
Economy February 21, 2017 | 3:18 pm
Santo Domingo.- President Danilo Medina onTuesday signed the Mobility, Land Transport, Traffic and Road Safety bill into Law,which creates the National Traffic and Land Transport Institute (INTRANT[...]
Spanish airline mogul eyes local air services behemoth
Economy February 21, 2017 | 9:48 am
Santo Domingo.- Spanishairline mogul Pepe Hidalgo, president of the Globalia group, met Monday with HelidosaAviation president Gonzalo Castillo Jr., to explore investments in thecountry's aviatio[...]
Prominent Dominican Jewish community member dies in Sosua
Economy February 21, 2017 | 9:19 am
Puerto Plata, Dominican Republic.- Business and community leader Herman Strauss,founder of Sosúa products and one of the owners of several hotels andproperties in Sosúa, died Monday after[...]
Chopper pilots to help detect forest fires
Economy February 21, 2017 | 9:01 am
Santo Domingo.- Environment minister FranciscoDominguez and Dominican Civil Aviation Institute (IDAC) director AlejandroHerrera on Monday met with helicopter pilots who will alert authorities durin[...]
Government to finance new boats for Boca Chica fishermen
Economy February 20, 2017 | 8:27 am
Boca Chica, Dominican Republic.- PresidentDanilo Medina on Sunday announced financing for new boats for members of theAndrés Boca Chica Fishermen's Cooperative (COOPABOCB), in Andrés, Boc[...]
Propane gas climbs; diesel, gasoline, natural gas stay put
Economy February 17, 2017 | 11:02 am
Santo Domingo-. The Industry and Commerce Ministryon Friday posted the fuel prices for the week from February 18 to 24, whenpremium gasoline will remain at RD$214.30 and regular at RD$198.70 per ga[...]
Young business leaders call public debt unsustainable
Economy February 17, 2017 | 9:29 am
Santo Domingo.- Despite the government's repeatedargument that the public debt, now at 50% of GDP), isn't cause for concern,economists and business leaders disagree.
For the national young bu[...]
Dominican agro, industry want DR-Cafta trade pact revised
Economy February 16, 2017 | 1:59 pm
Santo Domingo.- Numerous Dominican agribusinessand industrial leaders will visit Guatemala to submit to the Central AmericanParliament (Parlacen) the reasons why the region should revise the Free T[...]
Valle Nuevo is the country’s top water source: scientist
Economy February 15, 2017 | 10:10 am
Santo Domingo.- Nearly all tributaries of the Yaque del Norte,Yaque del Sur, Yuna and Nizao rivers are born in Valle Nuevo National Park, in Constanza,in central La Vega province.
Moreover, [...]
Embattled national park is the country’s top water source: scientist
Economy February 15, 2017 | 10:10 am
Santo Domingo.- Nearly all tributaries of the Yaque del Norte,Yaque del Sur, Yuna and Nizao rivers are born in Valle Nuevo National Park, in Constanza,in central La Vega province.
Moreover, [...]
IMF warns on the debt; economists, business leaders agree
Economy February 15, 2017 | 9:09 am
Santo Domingo.- Economists and businessleaders agree with the International Monetary Fund's (IMF) warning on thesustainability of Dominican Republic's public debt and the need to adjust thetax base[...]
After scolding, young business leaders demand zero tolerance on corruption
Economy February 14, 2017 | 3:40 pm
Santo Domingo.- Dominican Republic's young entrepreneursgrouped in ANJE on Tuesday said it's high time for the State to "send aclear and forceful signal" of "zero tolerance" on [...]