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[...]
All fuels unchanged, after 3 weeks of increase
Economy December 23, 2016 | 10:06 am
Santo Domingo.- The Industry and Commerce Ministry on Fridayposted unchanged prices on all fuels in effect from December 24 to 30, when premium gasolinewill still cost RD$205.8 and regular will cos[...]
US$1.0B Initiative seeks to boost Dominican-Haiti border trade
Economy December 22, 2016 | 2:37 pm
Santo Domingo.- Deputy Foreign minister HugoRivera on Thursday announced details on the Laredo Initiative signed by DominicanRepublic and Haiti authorities on Dec. 7, which seeks to develop trade a[...]
Dollars forge strong Taiwan-Dominican Republic bond
Economy December 22, 2016 | 12:59 pm
Santo Domingo.- Taiwan ambassador ValentinoTang on Thursday said the Dominican Republic is his country's main tradingpartner in the Caribbean, and with the highest presence of Taiwanese companiesin[...]
Venezuela- Dominican oil pact reaches operational demise
Economy December 22, 2016 | 9:43 am
Santo Domingo.- Petrocaribe, the energycooperation agreement conceived by Venezuela under the presidency of HugoChávez, has reached an operational end for the Dominican Republic.
The cre[...]
Dominicans flock back to their homesteads, and into stores
Economy December 22, 2016 | 8:56 am
Santo Domingo.- The yearly exodus for the holidayshas begun, but not as the throngs in previous years, bus drivers of natiowideroutes told outlet listin.com.do.
On Wednesday passengers starte[...]
AES president Andrés Gluski inspects progress in Combined Cycle project
Economy December 21, 2016 | 4:33 pm
Santo Domingo.- The world president of AESCorporation recently visited the Dominican Republic to supervise the progressof the Dominican Power Partners (DPP) combined cycle conversion project, which[...]
Dominican economists downplay Venezuela’s oil supply rollback
Economy December 21, 2016 | 12:35 pm
Santo Domingo.- On news that Venezuela is cutting back on suppliesof subsidized oil to neighboring countries and reports that Caracas hasn'tshipped crude to Dominican Republic for nearly a year, n[...]
Medina: we need even more and better integration
Economy December 21, 2016 | 8:41 am
Managua, Nicaragua.- President Danilo Medina ontuesday affirmed that the main concernof the region's countries should be, together with fighting poverty, to protectvulnerable people in societies t[...]
Renew plates now, avoid stiff surcharge, taxman says
Economy December 20, 2016 | 11:57 am
Santo Domingo. - The Internal Taxes (DGII) agencyon Tuesday reiterated that there'll be no extension of the January 6 deadline torenew the motor vehicle windshield sticker, noting that more than 50[...]
Medina off to Nicaragua to meet with Central America leaders
Economy December 20, 2016 | 9:42 am
Santo Domingo.- President Danilo Medina willfly to Managua, Nicaragua today Tuesday to attend the closing meeting of the CentralAmerican Integration System (SICA) pro tempore presidency.
The [...]