Gasoline, diesel, propane fall, natural gas unchanged
Economy November 11, 2016 | 11:16 am
Santo Domingo.- The Industry and Commerce Ministryon Friday posted the fuel prices for the week from Nov. 12 to 18, when premiumgasoline will cost RD$200.80 per gallon, or RD$2.00 less, while regul[...]
Renewables could be 27% of all energy by 2018
Economy November 11, 2016 | 10:11 am
Santo Domingo. - The various renewable energyprojects operating and being developed in the Dominican Republic could raise thenational energy matrix to 27% by 2018.
National Energy Commission [...]
Santo Domingo Cable Car advances, future users upbeat
Economy November 11, 2016 | 8:20 am
Santo Domingo.- Construction of the stations forSanto Domingo's Cable Car has advanced such that some of the platforms for thecabins of passenger transport system are already roofed.
The cons[...]
October prices climb 0.30%, paced by transport
Economy November 10, 2016 | 3:31 pm
Santo Domingo.- Dominican Republic's CentralBank on Thursday said October prices climbed 0.30% compared with September, whileaccumulated inflation from January to October stood at 0.65%.
&quo[...]
Big business says time’s ripe to zap transport chaos
Economy November 10, 2016 | 9:57 am
Santo Domingo.- National Business Council (CONEP)vice president Rafael Paz on Wednesday called the appeal filed before the SuperiorArbitration Court for, a legal tool with unprecedented support to [...]
Customs to raise online purchase kilo fee by 300%
Economy November 9, 2016 | 4:12 pm
Santo Domingo.- The Customs Agency (DGA) will increase by 300percent, staggered, starting on Tuesday, the fee charged for each kilo ofmerchandise purchased online and sent to the country through c[...]
Dominican Republic wants strong ties with a Trump White House
Economy November 9, 2016 | 3:54 pm
Santo Domingo.- Administration minister JoséRamón Peralta on Wednesday said the Government of the Dominican Republic willcontinue to strengthen trade and diplomatic ties with the US, whos[...]
Dominican-Israeli ties to grow even stronger
Economy November 9, 2016 | 11:40 am
Santo Domingo.- Dominican Republic'srelations with Israel grow increasingly solid and there are plans to strengthenthem even further, said Modi Ephraim, Tel Aviv deputy director for LatinAmerica an[...]
Equipment convoy off to Puerto Plata to repair washed out roads
Economy November 9, 2016 | 10:13 am
Santo Domingo.- the Public Works Ministry senta convoy of heavy equipment that was set to depart at 8am Wednesday on the Duartehighway to repair damages in Puerto Plata and other areas caused by th[...]
UK eyes expansion of Dominican agro exports
Economy November 9, 2016 | 8:01 am
Santo Domingo.- Agriculture minister ÁngelEstévez on Tuesday received an United Kingdom official delegation to establish bilateralexchange, export local products and strengthen Dominican [...]
In England, Dominican Central banker touts economic success
Economy November 9, 2016 | 7:38 am
London.- Dominican Republic Central banker Héctor Valdez Albizu on Tuesday spokein a forum of the Bank of England officials and experts on monetary policy, andthe resulting performance of the [...]
Deputies approve US$600.0M bond to finish coal-fired plant
Economy November 8, 2016 | 3:03 pm
Santo Domingo.- The Chamber of Deputies onTuesday approved a US$600.0 million bond of public debt to build the coal-firedpower plant Punta Catalina, Baní (south).
The Senate had already [...]
Deputy wants Odebrecht coal plant contract nixed now
Economy November 8, 2016 | 1:17 pm
Santo Domingo.- After rejecting the government's US$600 million bond issue to finance the Punta Catalina coal-fired plants, deputy Fidelio Despradel said the contract with Brazil contractor Odebrec[...]
Eastern resort region’s electric service gets LatAm kudos
Economy November 8, 2016 | 12:01 pm
Punta Cana, Dominican Republic.-The resortregion of ??Bavaro, Punta Cana and Bayahíbe has the third best electric servicein Latin America and the Caribbean.
The ranking comes from the 24[...]
Gov. agrees on a 25% wage hike for doctors, ending months of talks
Economy November 8, 2016 | 8:40 am
Santo Domingo.- It took nearly seven months of talks at times caustic,for the doctors guild (CMD) and the Government to reach an agreement to be signed10am Tuesday, which stipulates a 25% wage hik[...]
Expert sees Gov. contradiction in protecting highlands
Economy November 7, 2016 | 4:47 pm
Santo Doming.- Dominican Republic Academy ofSciences president Milciades Mejia on Monday said government agencies contradicteach other on how to deal with the area of Valle Nuevo Constanza.
H[...]
Consumer protection warns of glitches in Honda, Citroën, Subaru
Economy November 7, 2016 | 4:19 pm
Santo Domingo.- The consumer protectionagency (Pro Consumidor) on Monday issued new alerts for glitches from thefactory on vehicles of the various Honda models, Citroën, and the Subaru Legacya[...]
Industries laud Central Bank on dollars galore
Economy November 7, 2016 | 1:25 pm
Santo Domingo.- Herrera and Santo DomingoProvince Industries Association (AEIH) president Antonio Taveras on Monday laudedthe Central Bank's "effective" and recent measures to ease thepre[...]
Son of ‘impenitent tax dodger’ blows the whistle on tax cheats
Economy November 7, 2016 | 8:59 am
Santo Domingo.- “Exemptionphilia” is whatoutspoken economist Andy Dauhajre calls a marked fear of even respectedcompanies to omit the ITEBI (VAT) tax in their billing.
It's of note that D[...]
Official tells Brits of Dominican competitiveness on trade
Economy November 4, 2016 | 12:32 pm
Santo Domingo.- Industry and Commerce ministerTemistocles Montas on Friday called trade promotion an essential element of theDominican Government's actions for the National Development Strategy, as[...]