Agencies set dam levels to hurricane season rules
Economy June 22, 2016 | 5:20 pm
Santo Domingo.- The National Water Observatory on Wednesdaysaid the dams’ current levels are set according to the rules of the hurricaneseason and pose no danger downstream populations.
It [...]
Icon national park withers as Dominican Republic fails to enforce the law
Economy June 22, 2016 | 5:01 pm
Santo Domingo.- In response to a complaint by a group of environmentalistsover the deforestation in the Sierra de Bahoruco National Park, the Departmentof Environmental Affairs CAFTA-DR on Wednesda[...]
Trade tops the talk at Dominican Week in the US
Economy June 22, 2016 | 10:05 am
Washington.- The Dominican Week in the United States(SemDomUSA) delegation met Tuesday with deputy secretary of State for theWestern Hemisphere, Mari Carmen Aponte, during the first day of the init[...]
Manufacturing activity falls again in May
Economy June 22, 2016 | 9:14 am
Santo Domingo.- The Monthly Manufacturing Activity Index (IMAM),continued to decline last month the indicator pass falling from 58.6 in Aprilto 50.4 in May.
The Index prepared by the Dominica[...]
Mogul says the rich can pay more taxes, not low income people
Economy June 22, 2016 | 8:29 am
Santo Domingo.- Mogul Jose Luis Corripio on Tuesday said ifa fiscal pact has to be done, it should be based on those who can contribute morewith the state, and not with more taxes on low income peo[...]
Santo Domingo’s Metro new line could start operating by Aug. 16
Economy June 21, 2016 | 1:17 pm
Santo Domingo.- Construction on the four stations of SantoDomingo’s Metro Line II-B is nearly finished, for which the start of operation isexpected before August 16.
A Transport Reorganizat[...]
Travelers prefer AutoGate security check at busy airports
Economy June 21, 2016 | 9:14 am
Santo Domingo.- Long lines have been forming since early Mondayin front of the Immigration office, where passengers gather to register for theAutoGate biometric check which operates at Las Americas[...]
Personalities inaugurate Dominican Week in the US
Economy June 20, 2016 | 4:00 pm
Washington DC.- Dominican Week in the United States(SemDomUSA), an initiative organized by the American Chamber of Commerce of theDominican Republic (AMCHAMDR), was inaugurated today with the raisi[...]
Trade with Taiwan topped US$135M in 2015: Dominican official
Economy June 20, 2016 | 3:17 pm
Santo Domingo.- Industry and Commerce minister José delCastillo on Monday said trade between Dominican Republic and Taiwan in 2015 wasUS$135.9 million and said the country is one of Taipei’s[...]
Dominican economy to grow 7%: Central banker
Economy June 20, 2016 | 12:15 pm
Santo Domingo.- Central banker Hector Valdez Albizu on Mondaysaid Dominican Republic’s economy grew 7.1% in the first four months, propelledby a 10.1% growth in April.
He said agro grew 6%,[...]
Dominican Republic to celebrate 25 years of .do
Economy June 18, 2016 | 8:55 am
Santo Domingo.- The Dominican Republic will be marking the 25th anniversary of its .do TLD from August 22-25, as part of a four-day event called Internet Week.
According to caribbeannewsnow[...]
After 4 weeks of jumps, fuel prices stay put
Economy June 17, 2016 | 11:15 am
Santo Domingo.- The Industry and Commerce Ministry onFriday posted unchanged prices on all fuels, after four straight weeks of jumps.
From June 18 to 24, premium gasoline will still costRD$20[...]
China’s economic woe could boost LatAm, Caribbean
Economy June 17, 2016 | 11:00 am
Medellin.- Ex-president of the Dominican Republic LeonelFernandez on Thursday said China’s economic slowdown could be an opportunityfor Latin America and Caribbean countries, many of which he aff[...]
Dominican Wings airline gets the FAA green light
Economy June 17, 2016 | 9:22 am
Washington.- The Federal Aviation Administration (FAA)granted specific operations to the airline Dominican Wings, which will give thecountry carrier service to the US.
"It was time for a[...]
Top official balks at rumors on Dominican Republic State-owned bank
Economy June 17, 2016 | 8:25 am
Santo Domingo.- Central banker Hector Valdez Albizu on Thursdaydenied that the State-owned Reservas bank and said lacks liquidity, on thecontrary, “the bank has surplus reserves in dollars and pe[...]
Government nets RD$23.1M on condos seized from drug lords
Economy June 16, 2016 | 5:01 pm
Santo Domingo.- The National Anti-Money Laundering Committee(CONCLA) on Thursday auctioned off three properties seized from drug traffickers,netting RD$23.1 million for government coffers.
Na[...]
Industries say start of talks toward fiscal pact ‘irreversible’
Economy June 16, 2016 | 9:02 am
Santo Domingo.- The industries of Herrera and Santo DomingoProvince grouped in the AEIH on Wednesdayconsidered the start of talks leading to a fiscal pact at this time is "irreversible."[...]
Dominican Govt. to cleanup major gold mine’s toxic waste
Economy June 15, 2016 | 6:17 pm
Santo Domingo. - The Energy and Mines Ministry and the goldminer Barrick Pueblo Viejo on Wednesday agreed on a plan to mitigate liabilitiesand the environmental cleanup of pollutants left by the pr[...]
Foreign direct investment towards region fell 9.1% in 2015 to total US$179.10B
Economy June 15, 2016 | 1:03 pm
With proactive and integrated policies, countries can takeadvantage of FDI to diversify their economies, boost innovation and respond tothe challenges of the 2030 Agenda for Sustainable Development[...]
Dominican exports plunge US$400M on ‘uncontrolled’ Haiti border
Economy June 15, 2016 | 12:10 pm
Santo Domingo.- Dominican Republic’s formal exports toHaiti have plunged around US$400 million, on Port-au-Prince’ ban on 23Dominican products, Industry and Commerce minister José del Cast[...]