Medina, General Electric execs meet, talk power plants
Economy March 13, 2015 | 9:39 am
Santo Domingo.- President Danilo Medina on Thursday met in the National Palace with Dominican State-owned Electric Utility (CDEEE) CEO Ruben Jimenez Bichara, and executives of General Electric.
[...]Dominican Republic natural gas facility to save US$300M yearly: Mogul
Economy March 13, 2015 | 7:50 am
San Pedro, Dominican Republic.- The engineering design and studies to install the Antillean Natural Gas plant in the eastern province have concluded, mogul Juan B. Vicini announced Thursday during [...]
AES Dominicana hosts first Energy Technology and Innovation event
Economy March 12, 2015 | 4:59 pm
Santo Domingo.- The AES Dominicana group held its first conclave dedicated to energy innovation and technological advances foreseen for the next 40 years, as a way instill a revolutionary thought p[...]
Dominican exports flat despite diversified products: World Bank
Economy March 12, 2015 | 11:17 am
Santo Domingo.- Despite progress to diversify the products offered abroad and public-private effort to generate a productive chain, Dominican Republic’s exports posted a lower-than-expected resul[...]
Business Alliance certifies 33 Dominican companies on security
Economy March 12, 2015 | 10:19 am
Santo Domingo.- The Business Alliance for Secure Commerce (BASC) on Wednesday announced the Security Management and Control System (SMCS) certifications for 33 Dominican companies which minimized t[...]
February prices climb 0.20%, brake 4-month lull
Economy March 11, 2015 | 1:20 pm
Santo Domingo.- Dominican Republic’s Central Bank on Wednesday said February prices climbed 0.20% compared with January, braking four months of negative inflation.
It said annual inflation,[...]
We’ll fix traffic jams on capital’s Beltway in 45 days: Public Works
Economy March 11, 2015 | 12:47 pm
Santo Domingo.- It will be another 45 days of frustration for motorists on Santo Domingo’s new Beltway, but Public Works minister Gonzalo Castillo on Wednesday promised to solve traffic problem o[...]
Dominican Republic icon mogul: No to politics, yes to wage hike
Economy March 11, 2015 | 12:10 pm
Santo Domingo.- Dominican Republic icon mogul Jose M. (Pepin) Corripio on Wednesday said he’s never been interested in politics and doesn’t want any members of his family to do so either.
1Q electricity subsidy down RD$2.9B on lower oil prices
Economy March 11, 2015 | 10:47 am
Santo Domingo.- The electricity subsidy in the first quarter was RD$2.9 billion lower than the same period last year due to falling oil prices, but the Electricity Superintendence (SIE) charged cus[...]
Dominican, Haiti envoys talk ties, US$2.0B in trade
Economy March 10, 2015 | 4:19 pm
Washington DC.- Dominican Republic ambassador to the US José Tomás Pérez on Tuesday met with Haiti envoy Paul Altidor, signaling easing tensions between the Hispaniola neighbors.
[...]Official says work on overpasses advance in the capital
Economy March 10, 2015 | 3:54 pm
Santo Domingo.- Public Works minister Gonzalo Castillo on Saturday inspected the Duarte Corridor 2 road works being built in several parts of the capital, including overpass at 27 de Febrero and P[...]
Dominican, Haitian ministers to meet after weeks of tension
Economy March 10, 2015 | 8:19 am
Santo Domingo.- After weeks of tense incidents which have hurt bilateral relations including the temporary closing of Dominican consulates in Haiti, the foreign ministers of Hispaniola will meet i[...]
Dominican Republic leader wants zero Lat Am trade barriers
Economy March 10, 2015 | 7:30 am
Guatemala City.- President Danilo Medina on Monday said the Central American Integration System (SICA) or any other Latin American integration initiative will succeed only if trade barriers within [...]
Dominican Rep. Central Bank US$200M ‘injection’ calms jittery dollar
Economy March 9, 2015 | 3:48 pm
Santo Domingo.- Central banker Hector Valdez Albizu on Monday said the injection of US$200 million to the exchange market in mid February produced excellent results, since in his view it stabilized[...]
Dominican Republic to head regional body on climate change
Economy March 9, 2015 | 10:46 am
Santo Domingo.- Dominican Republic’s National Climate Change and Clean Development Mechanism Council (CNCCMDL) was unanimously elected recently to head the Latin America and Caribbean Regional Lo[...]
Dominican business climate spurs CEMEX to invest RD$315M+
Economy March 9, 2015 | 9:25 am
Santo Domingo.- CEMEX Dominican Republic recently announced significant investments this year to strengthen its leadership position in the local market, resulting from its confidence in the country[...]
Mogul says good ties with Haiti is good for business
Economy March 9, 2015 | 8:52 am
Santo Domingo.- Mogul Jose Luis Corripio (Pepin) on Sunday called the current Haiti-Dominican Republic relations "highly sensitive" and agreed with the government's decision to shutter th[...]
Most fuel prices jump, paced by gasoline
Economy March 6, 2015 | 11:26 am
Santo Domingo.- Most fuels will cost more for the week from March 7 to 13, when premium gasoline will cost RD$209.00, for an increase of RD$5.00 and regular will cost RD$185.60, for an increase of [...]
Venezuela committed to expand oil deal in Lat-Am
Economy March 6, 2015 | 9:05 am
Santo Domingo.- Venezuela ambassador Alberto Castelar announced Thursday that at the Special Summit of Heads of State and Government of Petrocaribe to be held in Venezuela today Friday will address[...]
Official red tape keeps 5 Dominican airlines grounded
Economy March 6, 2015 | 8:35 am
Santo Domingo.- Five Dominican-registry airlines still waiting for the Government to conclude the technical procedures to allow them to start operations.
Gold Dominicana, Andes Dominicana, Wi[...]
