Dominican Govt. wants more renewable energy, with rules
Economy September 27, 2016 | 12:31 pm
Santo Domingo.- Energy and Mines minister Antonio Isa on Tuesday said the promotion of renewableenergies occupies a special place on the government agenda, which designspolicies which secure inves[...]
Dealers again want to import older vehicles
Economy September 27, 2016 | 8:36 am
Santo Domingo.- The county’s vehicle dealers grouped inAnadive on Monday ag[...]Dominicans overpaid US$153M after brewers’ merger: Diario Libre
Economy September 26, 2016 | 11:29 am
Santo Domingo-. On Monday outlet diario.libre.com asks…didyou know that after the merger between the Dominican National Brewery (CND) andAmBev, is paying RD$9.23 more for each beer you drink?
[...]Fitch: Upside potential limited for Central American & Dominican Republic’s sovereign ratings
Economy September 26, 2016 | 9:50 am
New York (Business Wire).- Positive rating momentum forCentral American sovereigns is unlikely, according to a new Fitch Ratingsreport. Some upside potential exists for the Dominican Republic, whic[...]
Living in the Dominican capital got 29.3% costlier
Economy September 26, 2016 | 9:38 am
Santo Domingo.- Living in the Greater Santo Domingo is 29.30%costlier on average than the Cibao region (north), according to the CentralBank’s latest estimate on cost of running a household natio[...]
Dominican Republic has enough US$, but Black Friday looms
Economy September 23, 2016 | 4:59 pm
Santo Domingo.- Central banker Hector Valdez Albizu on Fridayreiterated the availability of dollars, with daily purchases of between US$80million and US$85 million and an equal amount in sales, whi[...]
Gasoline falls, propane climbs, natural gas the same
Economy September 23, 2016 | 11:32 am
Santo Domingo.- The Industry and Commerce Ministry onFriday posted unchanged prices on all fuels for the week from September 24 to 30,when premium gasoline will cost RD$196.40, or RD$1.10 lower and[...]
Medina is worth US$490,000, makes US$8,695 monthly
Economy September 23, 2016 | 11:07 am
Santo Domingo.- President Danilo Medina is worth RD$22.5 million(US$490,000) whereas vice president Margarita Cedeño has RD$26.6 million, accordingto their financial statement submitted to the[...]
Santo Domingo Heliport to expand for 6 choppers, 24-7 service
Economy September 23, 2016 | 9:51 am
Santo Domingo.- Santo Domingo’s Heliport will be expandedto service six helicopters at once and provide services to injured people whocome for treatment from around the country and islands near t[...]
Envoy to US hails Dominican leader’s ‘hypocrisy’ tongue-lashing
Economy September 23, 2016 | 9:23 am
Santo Domingo.- Dominican ambassador to the US Jose TomasPerez on Thursday acknowledge that Dominican Republic isn’t prepared to open up its agricultural market, especially whenrich countries sti[...]
American Chamber conclave to mull protection of consumers’ health, rights
Economy September 22, 2016 | 11:51 am
Santo Domingo.- The American Chamber of Commerce (AMCHAMDR)will host on September 29 an working breakfast organized by the TradeFacilitation Committee to address the issue: "Labelling and Heal[...]
Modern maritime should be Dominicans Republic’s national project
Economy September 22, 2016 | 11:06 am
Santo Domingo.- "Imagine the Caribbean route as asupermarket aisle. When I used to take my son to the aisle where the cereals werethere were usually two cereals; Now that I have my grandson, t[...]
Top official is an ‘enemy of open pit mining’
Economy September 22, 2016 | 9:08 am
Santo Domingo.- Energy and Mines minister Antonio Isa on Wednesdaydeclared himself an "enemy of open pit mining on this "small island”and hopes the Dominican Republic never again resor[...]
Refinery taps US$150M to expand storage by 75%, build own port
Economy September 21, 2016 | 10:28 am
Santo Domingo.- The CEO of the Dominican State-owned refinery(Refidomsa) on Tuesday said it will invest US$150 million to expand its storagecapacity by 75% and to build the facility’s own port.[...]
American Chamber hails creation of the ‘Digital Republic’
Economy September 20, 2016 | 1:53 pm
Santo Domingo.- President Danilo Medina recently issued executive order 258-16 that creates the"Digital Republic," which includes a set of policies and actions topromote the inclusion of [...]
Tour operators want ban on dollar-only payments repealed
Economy September 20, 2016 | 1:14 pm
Santo Domingo.- Receptive Tourism Operators Association (OPETUR)president Elizabeth Tovar on Monday asked the Central Bank to revoke its ban onveryphone terminals to pay only in foreign currency, m[...]
About face: Industries support ban on dollar-only charges
Economy September 20, 2016 | 12:15 pm
Santo Domingo.- Dominican Republic Industry Association (AIRD)president Campos de Moya on Tuesday rolled back the sector’s critique againstthe Central Bank’s ban on the use of veriphones for tr[...]
Dominican-Haiti business project speaks to innovation
Economy September 20, 2016 | 10:17 am
La Romana, Dominican Republic.- At the close of the"Business Innovation Summit" the promoters Juan Vicini, FernandoCapellan and Cesar Dargam, of the Quisqueya Binational Economic Council [...]
Ban on US$-only charges doesn’t affect retailers, but caution reigns
Economy September 20, 2016 | 9:37 am
Santo Domingo.- The Central Bank’s ban on the use of sales pointterminal (Veriphones) which charge exclusively in US dollars, doesn’t affectits member companies, the national retailers grouped [...]
Internet accounts jump 20.77% to 5.4 million in Dominican Rep.
Economy September 20, 2016 | 8:51 am
Santo Domingo.- Internet accounts in the Dominican Republicclimbed from 4,479,499 in June 2015, to 5,410,149 in the same period of 2016, a20.77% jump, according to the Dominican Telecom Institute ([...]