Government issues US$1.2B bond at 5.95%
Economy January 19, 2017 | 8:23 am
Santo Domingo.- The Government on Wednesday announced a sovereign bond issue of US$1.2 billion over 10 years at a 5.95% rate.
The Finance Ministry the issue forms part of this year's Financin[...]
Initial price thoughts set for new 10-year Dominican bond: Reuters
Economy January 18, 2017 | 11:43 am
Santo Domingo.- The Dominican Republic set initial price thoughts of low 6% on a new US dollar-denominated 10-year bond, according to two market sources on Wednesday, Reuters reports from New York.[...]
Haiti president-elect tours AES Dominicana energy complex
Economy January 18, 2017 | 10:47 am
Santo Domingo.- Haiti President-elect Jovenel Moise on Tuesday visited AES Dominicana's Andres Energy Complex, as part of a tour hosted by the State-owned Electric Utility (CDEEE).
The Haiti[...]
NY Supermarket Association swears in its new board
Economy January 18, 2017 | 10:12 am
New York.- The New York National Supermarket Association (NSA) on Tuesday inaugurated its new board of directors, where for the second time Rodolfo "Ruddy" Fuertes takes office as preside[...]
Banco Popular’s US$902.0M boosts the tourism sector in 2016
Economy January 18, 2017 | 9:18 am
Madrid.- Banco Popular closed 2016 with US$902.0 million in business with the tourist sector, and disbursed loans for US$225 million and approved US$234 million in financing thus far in January.[...]
Taxman: salary of up to US$752 monthly doesn’t pay income tax
Economy January 17, 2017 | 10:55 am
Santo Domingo.- Wages of up to RD$34,685 (US$752)monthly (RD$416,220 yearly) don't pay income tax, according to the InternalTaxes Agency's (DGII) inflation adjustment.
A DGII statement says t[...]
AES natural gas truck terminal fests 7 years of safe operation
Economy January 17, 2017 | 9:06 am
Santo Domingo.- The energy group AES Dominicana on Monday celebratedseven years of continuous operation of its terminal for natural gas tankertrucks
It said natural gas is the most efficie[...]
Haiti’s Moise, Dominican Republic’s Medina to meet Monday
Economy January 16, 2017 | 4:22 pm
Santo Domingo.- Haiti president-elect JovenelMoise will arrive in the Dominican Republic Monday afternoon and will head tothe National Palace to meet with president Danilo Medina, said Foreign Mini[...]
Forests must be managed ethically, Environment warns
Economy January 16, 2017 | 10:25 am
Santo Domingo.- Environment minister FranciscoDominguez met with forest managers and technicians on Monday, to discuss thenew management plans and regulation that will take effect in 15 days.
US Envoy, husband bid adieu to Foreign Minister
Economy January 16, 2017 | 9:42 am
Santo Domingo.- US ambassador James W. Brewster and hishusband Bob Satawake on Friday paid a farewell visit to Foreign minister MiguelVargas at the Foreign Ministry.
They discussed the stron[...]
Gasoline, propane, diesel fall, natural gas unchanged
Economy January 13, 2017 | 11:43 am
Santo Domingo.- The Industry and Commerce Ministry on Fridayposted the fuel prices for the week from January 14 to 20, when premiumgasoline will cost RD$213.30 and regular RD$197.70, both RD$1.50 l[...]
Brexit looms, trade pact now: Dominican envoy to UK
Economy January 13, 2017 | 9:19 am
Santo Domingo.- DominicanRepublic's ambassador to the UK on Thursday said negotiations toward abilateral agreement should be expedited so the country can deal with Brexit'snegative consequences.
2016 tax revenue tops US$8.3B goal, upbeat for 2017
Economy January 13, 2017 | 8:51 am
Santo Domingo.- Tax revenue will reach thegoal set in the 2017 Budget of RD$384.0 billion (US$8.3 billion), as evidencedby the nearly RD$4.0 billion more than expected collected over the last twomo[...]
Scrap yards halted on rivers: Environment goes after waste dumpers
Economy January 11, 2017 | 8:30 am
Santo Domingo.- The Environment Ministry supervisesthe 241 companies that dump waste directly into the Ozama and Isabela rivers todetermine if their operations include treatment plants.
"[...]
Dominican artisanal sector makes US$350M yearly: Forbes
Economy January 10, 2017 | 3:13 pm
Santo Domingo.- The Dominican Republic boastshome-brewed beers, pizzas cooked with firewood, ecological furniture, artificialpreservatives free sausages, beauty products without chemicals, and hand[...]
Women on top; hold 59.6% of the university degrees
Economy January 10, 2017 | 12:31 pm
Santo Domingo.- National Statistics Office(ONE) director Alexandra Izquierdo on Tuesday said women account for 59.6% ofthe 15-and-over population with a university degree, while the remaining 40.4%[...]
New year, old wage-hike talks gridlock
Economy January 10, 2017 | 9:44 am
Santo Domingo.- Business leaders had placed towardyearend 2016 and early 2017 the reform of the Labor Code among its to-do prioritiesfor the new year, a sticky issue which the labor unions vow to c[...]
December prices climb 0.90%; 2016 inflation at 1.70%
Economy January 10, 2017 | 8:27 am
Santo Domingo.- Dominican Republic's CentralBank on Monday said annual inflation from December 2015 to December 2016) was1.70%, being the second lowest in the last 33 years and for the thirdconsecu[...]
Las Americas highway traffic to be detoured near Boca Chica
Economy January 9, 2017 | 8:55 am
Santo Domingo.- The Public Works Ministry on Sundayannounced a traffic detour from 10:30pm on Tuesday Jan. 10, 27 kilometers east of the capital on the Las Americashighway, in front of the Cyberne[...]
Derelict boats towed off as river cleanup gathers steam
Economy January 7, 2017 | 10:36 am
Santo Domingo.- Government officialsincluding one mayor on Friday announced a joint push to enforce the resolution whichbans the repair and the dismantling of boats on the Ozama and Isabela rivers,[...]