Official says Dominican free trade zones to follow Dubai lead: EFE
Economy May 13, 2015 | 10:16 am
Dubai.- Dominican Industry and Commerce minister José del Castillo on Tuesday said Dubai is a benchmark to develop his country’s free trade zones and aims to become the hub to distribute pr[...]
The country can attract more Canadian tourists, dollars
Economy May 13, 2015 | 8:57 am
Santo Domingo.- Dominican Republic has the conditions to attract more visitors and currency from Canada, its second most important market in tourists and exports, affirmed Canadian Embassy commerci[...]
Entities honor three Dominican professionals in the US
Economy May 13, 2015 | 8:24 am
Washington DC.- Three Dominicans who’ve achieved professional success in the United States, Maria Mejia, Marcos Espinal and Sarah Aponte, were recognized Tuesday by the Dominican Week in this cou[...]
World Bank hosts talks on Dominican Republic-Haiti border projects
Economy May 13, 2015 | 7:33 am
Washington.- The Quisqueya Binational Economic Council (CEBQ), which represents employers in the Dominican Republic and Haiti and aims to develop projects in various parts of the border between the[...]
IDB says Dominican Republic ‘deserves’ fresh funding
Economy May 12, 2015 | 9:58 am
Washington.- Interamerican Development Bank (BID) president Luis Alberto Moreno on Monday said the entity is increasingly working with the country in areas of support “which it deserves” for it[...]
International Food Fair nets local producers US$357.0M
Economy May 12, 2015 | 8:12 am
Santo Domingo.- Dominican Republic Export and Investment Center (CEI-RD) director Jean Alain Rodriguez and Agribusiness Board (JAD) chairman Osmar Benitez on Monday called the fifth annual Internat[...]
Industries want wide debate for National Zoning Law
Economy May 12, 2015 | 7:53 am
Santo Domingo.- Dominican Republic Industries Association (AIRD) vice president Circe Almánzar on Monday defended its proposed National Zoning Law, where she affirms various actors can partici[...]
Raise wages…avert social unrest, senior bishop warns
Economy May 11, 2015 | 4:58 pm
Santiago, Dominican Republic.- The former head of the Catholic University (PUCMM) on Monday called on Dominican Republic’s business leaders to avert social unrest by attending to the demands of a[...]
US, local business leaders: Dominican Republic can be a logistics hub
Economy May 11, 2015 | 4:12 pm
Washington DC.- The Chamber of Commerce of the United States (US Chamber) and the American Chamber of Commerce of the Dominican Republic (AMCHAMDR) on Monday proposed the country as a regional log[...]
April prices fall -0.25%, paced by foods
Economy May 11, 2015 | 3:52 pm
Santo Domingo.- Dominican Republic Central Bank said prices in April fell -0.25% compared with March last year, paced by foods and non-alcoholic beverages.
It said first quarter inflation sto[...]
Govt. funding aims to recoup fallow sugar cane lands
Economy May 11, 2015 | 9:11 am
San Pedro, Dominican Republic.- President Danilo Medina on Sunday announced funding to plant sugar cane on more than 2,000 hectares of which 1,000 will be rehabilitated and assigned to area produce[...]
The Dominican Republic pushes ahead with the modernization of its management of public funds with IDB support
Economy May 8, 2015 | 5:04 pm
Washington.- The Dominican Republic will foster improvements in its management of public funds by strengthening the process of implementing its public policies with a loan of US$25 million approved[...]
Hope of wage hike pact fades in Dominican Republic
Economy May 8, 2015 | 4:44 pm
Santo Domingo.- Management representatives warned Friday that prior to deciding on a wage increase, Law 488-08 that reclassifies Dominican Republic’s SMEs must first be complied with, which in th[...]
Most fuels prices climb a 5th straight week
Economy May 8, 2015 | 11:15 am
Santo Domingo.- For the 5th straight week the Industry and Commerce Ministry posted higher prices on most fuels in effect for the week from May 9 to 15, when premium gasoline will cost RD$225.90, o[...]
Nearly 200,000 foreigners legalize status, approach deadline target
Economy May 8, 2015 | 10:30 am
Santo Domingo.- Long lines and worried faces meld in the offices where the Interior and Police Ministry conducts the National Plan to Regularize Foreigners, with 198,614 registering to legalize the[...]
Dominican researcher in team poised to cure glaucoma
Economy May 8, 2015 | 8:40 am
Santo Domingo.- A Dominican scientist with other colleagues from the US and France develop an ocular implant to cure glaucoma, which was already approved by the European Economic Community.
T[...]
Bowing to pressure Labor chief tells employers ‘time to hike wages’
Economy May 7, 2015 | 5:06 pm
Santo Domingo.- Bowing to pressure from sectors which complain that her lack of leadership has led to a stalemate in the talks between the unions and employers over a wage increase, Labor minister [...]
Caribbean Export carries 7 Haitian agro-processors to Agroalimentaria Fair
Economy May 7, 2015 | 4:02 pm
Santo Domingo.- From May 7 to 9 Dominican producers and exporters, along with national and multinational companies in the sectors of food, beverages and tobacco will be gathered at the Agroalimenta[...]
Dominican dairy producers fear 30% plunge on drought
Economy May 7, 2015 | 12:13 pm
Santo Domingo.- Dominican Milk Producers Association (Aproleche) president Eric Rivero cautioned Thursday that if the drought continues domestic milk production and dairy products could fall as muc[...]
Govt. says construction advances in the capital’s major works
Economy May 7, 2015 | 11:36 am
Santo Domingo.- The Public Works Ministry advances construction on two of 21 major road works, designed to decongest the city’s main thoroughfares.
The Santo Domingo beltway being built at [...]