Business leader, mayor agree to rescue biggest Dominican river
Economy July 27, 2016 | 3:47 pm
Santiago.- The City Strategic Development Council (CDES)and mayor elect Abel Martinez on Wednesday stated a willingness to prevent thedisappearance of the Yaque del Norte river, Dominican Republicâ[...]
West region groups oppose proposed mining
Economy July 27, 2016 | 11:18 am
Elias Piña, Dominican Republic.- A group of 27 organizationson Wednesday announced their determination to prevent mining, which they affirmoutsiders are promoting in the area next to their com[...]
Air services customers now have a place to file complaints
Economy July 27, 2016 | 9:03 am
Santo Domingo.- Dominican Republic’s Civil Aviation Board(JAC) and the consumer protection agency (ProConsumidor) on Tuesday agreed to expediteclaims jointly to help customers of air transport se[...]
Dominican Republic gets US$1.7B+ from Barrick gold mine: Study
Economy July 27, 2016 | 7:50 am
Santo Domingo.- Dominican Republic’s showcase performancein the global market is based on its gold, says a study by the economic consultingfirm Analytica, which reveals the impact by the miner Ba[...]
Dominican Republic to lead region with 6.0% growth: UN
Economy July 26, 2016 | 3:12 pm
Santiago, Chile.- TheUnited Nations Economic Commission for Latin America and the Caribbean (Cepal)on Tuesday forecast a contraction of theregional economy by 0.8% this year, two tenths more than[...]
Central Bank volunteers reforest the capital’s major river basin
Economy July 26, 2016 | 11:48 am
Santo Domingo.- ThePresidential Commission to rescue the Ozama and Isabela rivers on Tuesday hailedthe reforestation work carried out by the Central Bank’s Volunteer (VB) in the rivers’ upperb[...]
Taiwan investors eye massive textile manufacturing
Economy July 26, 2016 | 8:38 am
Santo Domingo.- The head of the industrial promotion agency(PROINDUSTRIA) on Monday met with a commission of Taiwan business leaders inthe country to explore investment possibilities in manufacturi[...]
Dominican Exporters get RD$20.0B+ boost from biggest bank
Economy July 26, 2016 | 8:02 am
Dominican Exporters get a RD$20.0M+ boost from biggest bank
Santo Domingo.- Dominican Republic’s biggest bank, Popular andthe Dominican Exporters Association (Adoexpo) on Monday renewed th[...]
Expert: consumers make fewer card payments online on fear of attack
Economy July 25, 2016 | 4:32 pm
Santo Domingo.- The security of their personal data is amatter of vital importance to consumers, but especially of concern when itcomes to e-commerce, as the results of a global study by Deloitte r[...]
IFC launches 2nd Taino Bond, raising US$4M for microfinance in the Dominican Republic
Economy July 25, 2016 | 1:37 pm
Washington, D.C.—IFC, a member of the World Bank Group,issued a six-and-a-half-year 180 million Dominican peso-denominated bond(approximately US$4 million) to support domestic capital markets and[...]
New RD$120M+ steel rod plant boosts construction industry
Economy July 25, 2016 | 10:26 am
Santo Domingo.- Gerdau Metaldom recently inaugurated itsnew plant to cut and configure steel rods for construction, built at a cost of morethan RD$120 million.
Carlos Valiente, CEO of the pla[...]
Medina announces RD$300M project to reforest with coffee
Economy July 25, 2016 | 8:31 am
Guayubín, Dominican Republic.- President Danilo Medina onSunday made a surprise visit to coffee producers at Loma de Soliman, inGuayubín, Montecristi (northwest), whose plantations were d[...]
Dominican Republic tourism grows 6.5%, income tops US$3.4B in first half
Economy July 22, 2016 | 3:38 pm
Santo Domingo.- Dominican Republic’s tourism industry obtainedstaggering figures in the first half of 2016, according to a photo-chart postedon the Presidency’s website.
"At our curr[...]
Shuttering of East Harlem supermarket draws wide rebuke
Economy July 22, 2016 | 2:44 pm
East Harlem, NY - The National Supermarket Association(NSA), community leaders and elected officials, including New York City CouncilSpeaker Melissa Mark-Viverito and New York State Senator Adriano[...]
Gasoline, diesel, propane fall a 2nd straight week, natural gas stays put
Economy July 22, 2016 | 11:19 am
Santo Domingo.- The Industry and Commerce Ministry posted thefuel prices for the week from July 23 to 29, when premium gasoline will cost RD$196.50,or RD$0.90 less; regular will cost RD$180.60, or [...]
Medina says Brazil woes halt major dam project
Economy July 22, 2016 | 8:32 am
Neyba, Dominican Republic.- President Danilo Medina on Thursdaysaid funding for the dam at Monte Grande (west) has been approved, but awaits disbursementsfrom the Brazilian government through that [...]
Dominican Republic settles US$1.7B debt with IMF: Central Bank
Economy July 21, 2016 | 3:15 pm
Santo Domingo.- The Central Bank on Tuesday said thecountry’s commitments with the International Monetary Fund (IMF) have been fullycomplied with disbursements related to the Stand-By Agreement s[...]
Govt. aims to ‘fry’ Electricity Pact’s prior agreement, Social Forum warns
Economy July 21, 2016 | 11:58 am
Santo Domingo.- The social sectors involved in the talksleading to the Electricity Pact on Thursday said the government aims to"fry" the pending agreement, by circumventing points already[...]
Top deputy, dealers agree, new autos must nix ‘rolling scrap’
Economy July 21, 2016 | 10:49 am
Santo Domingo.- Chamber of Deputies president Abel Martinezand the national auto dealers grouped in Anadive on Wednesday expressed supportto renew the country’s aging vehicle fleet, to rid the st[...]
All Immigration services to be web only starting Aug. 1
Economy July 19, 2016 | 3:03 pm
Santo Domingo.- . All of the Immigration Agency’s services offoreigners’ residency and certificates for Dominicans will be processeddigitally through its website starting August 1, director Rub[...]