Gasoline, propane climb again, all others unchanged
Economy January 6, 2017 | 10:54 am
Santo Domingo.- The Industry and Commerce Ministryon Friday posted the fuel prices for the week from January 7 to 13, whenpremium gasoline will cost RD$214.80 and regular will cost RD$199.20, or RD[...]
Builders hail construction boom, see an even better 2017
Economy January 6, 2017 | 9:10 am
Santo Domingo.- Engineers, Architects and Surveyors Guild (Codia)president Edita Vizcaíno on Thursday hailed the growth in Dominican Republic's constructionsector during 2016, and predicts an[...]
Dominican Republic remittances jump by US$1.1B in 6 years
Economy January 5, 2017 | 10:59 am
Santo Domingo.- A buoyed internationaleconomy has been a boon for the DominicanRepublic, as incoming remittances jumped by US$1.1 billion (RD$4.9 billion) inthe last six years
Central Bank d[...]
Good ties will continue with a Trump White House: top diplomat
Economy January 5, 2017 | 9:09 am
Santo Domingo.- Foreign minister MiguelVargas on Wednesday said he's confident that the friendship and cooperationwith the United States will continue when president-elect Donald Trump takesoffice [...]
Dominica Republic tows hulk ships in ambitious harbor cleanup
Economy January 4, 2017 | 3:50 pm
Santo Domingo.- The removal of boats on theOzama and Isabela rivers began Wednesday in compliance with an Environment Ministryresolution which a shipyard sought to challenge with a Cease and Desist[...]
North region business leaders laud official measures for economy
Economy January 4, 2017 | 9:47 am
Santiago.- North region and Espaillat province businessand retail leaders on Tuesday hailed the country's economic growth in 2016, andexpect an even more promising 2017.
Santiago Retailers an[...]
Retailers toast to a good 2016 and a ‘much better 2017’
Economy January 3, 2017 | 9:22 am
Santo Domingo.- Dominican Republic's nationalretailers grouped in Fenacerd on Monday revealed that sales climbed last year,and affirm it was thanks to the country's stability and growth.
In f[...]
New Public Works radio tech will make toll plazas faster
Economy January 2, 2017 | 11:28 am
Santo Domingo.- The Dominican Telecom Institute(Indotel) on Monday assigned two new frequencies to the Public Works Ministry,including "special antennas to be used to automate the toll system,[...]
Deadline to halt ship bone yards will be enforced: Environment
Economy January 2, 2017 | 9:13 am
Santo Domingo.- The Environment Ministry saidit works to enforce the deadline to end the dismantling of boats along the Ozamaand Isabela river banks, which expired Sunday.
Resolution 13-2016 [...]
Port Authority to tow hulks, derelict boats from the capital’s rivers
Economy December 30, 2016 | 4:53 pm
Santo Domingo.- Dominican Port Authority director VíctorGómez Casanova on Friday observed dozens hulks and abandoned boats along both banks of the Ozama and Isabela riversFriday to veri[...]
Gasoline, diesel, propane jump, natural gas unchanged
Economy December 30, 2016 | 12:11 pm
Santo Domingo.- The Industry and Commerce Ministryon Friday again posted higher prices on most fuels to be in effect from December31 to January 6.
Premium gasoline will cost RD$210.80; regula[...]
Atomic energy entity builds radioactive waste storage site
Economy December 30, 2016 | 10:51 am
Sierra Prieta, Dominican Republic.- While theDominican Republic generates a relatively low volume of radioactive waste, it hasprioritized their safe and secure treatment.
Radioactive sources [...]
French, Dominican scientists seek geothermal energy under rocks
Economy December 29, 2016 | 11:16 am
Santo Domingo.- French and Dominicangeologists and geochemists conducted water and rock surveys in 20 areas of theDominican Republic to determine their geothermal potential and assess conditionslea[...]
US$8.2B in retail sales to pace expected GDP growth of 6.5%
Economy December 29, 2016 | 8:57 am
Santo Domingo.- The Dominican Republic has hada good 2016, with expected GDP growth between 6.4 and 6.5%, Administrativeminister José Ramón Peralta affirmed Wednesday, in a meeting with e[...]
Dominican families shrink, live-in partners increase
Economy December 29, 2016 | 8:14 am
Santo Domingo.- There's been a trend towardsa decrease in the number of members of Dominican households in recent years,mostly on the sustained fall in fertility levels.
The most recent Natio[...]
Central banker, British envoy talk monetary policy, cyber security
Economy December 28, 2016 | 4:04 pm
Santo Domingo.- Dominican Republic CentralBanker Hector Valdez Albizu met in his office with United Kingdom ambassador Chris Campbell, in a visit toexchange views on Valdez's recent visit to the U[...]
Dominican Govt. 500K+ civil servants ‘average for region’
Economy December 28, 2016 | 8:57 am
Santo Domingo.- At yearend 2016 DominicanRepublic's Government of the has around 500,000 civil servants , withoutcounting municipalities , Public Administration minister Ramon Ventura revealedTuesd[...]
Dominican resort to host major economic summit on Jan. 25
Economy December 27, 2016 | 9:45 am
Santo Domingo.- The Dominican Republic will host the 5thSummit of Heads of State and Government of the Economic Community of Latin Americanand Caribbean States (ECLAC) on January 25, the Foreign M[...]
Slumped purchasing power hurt Christmas sales, retailers say
Economy December 26, 2016 | 11:32 am
Santo Domingo.- Dominican National Retail Council(ConPer) president Antonio Cruz Rojas onSunday said Christmas sales fell because of the "systematic decline inpurchasing power of families.&qu[...]
Slumped purchasing power hurt Christmas sales, retailers say
Economy December 26, 2016 | 11:32 am
Santo Domingo.- Dominican National Retail Council(ConPer) president Antonio Cruz Rojas onSunday said Christmas sales fell because of the "systematic decline inpurchasing power of families.&qu[...]