Natural gas unchanged, all other fuels climb
Economy May 20, 2016 | 11:22 am
Santo Domingo.- The Industry and Commerce Ministry on Fridayposted the fuel prices for the week from May 21 to 27, when premium gasolinewill cost RD$195.70, or RD$3.70 more, and regular will cost R[...]
Big business congratulates Medina, pushes electricity pact
Economy May 20, 2016 | 8:02 am
Santo Domingo.- Business leaders want to work with presidentDanilo Medina to continue the projects that contribute to develop the country, saidNational Business Council (CONEP) president Rafael Bla[...]
Leading S&L to host first home loan fair for Dominicans in New York
Economy May 19, 2016 | 4:50 pm
New York.- Dominicans living in this city have the opportunity to acquire and finance their homes in the Dominican Republic with all the facilities promised by the First Housing Fair " “Mi T[...]
Cocoa conclave to fill Dominican East region with aroma
Economy May 19, 2016 | 11:51 am
Santo Domingo.- The National Cacao Commission and the AgricultureMinistry on Thursday announced the 3rd World Cocoa Conference, from May22 to 25 in Bavaro, eastern Altagracia province.
Presid[...]
Manufacturing declines slightly in April
Economy May 19, 2016 | 8:42 am
Santo Domingo.- Themonthly manufacturing index (IMAM) prepared by the Dominican Republic IndustriesAssociation (AIRD) declined slightly from 59.9 in March to 58.9 in April.
The activity rose[...]
Telecom chief promises cheap, fast Internet in 2 years
Economy May 18, 2016 | 11:54 am
Santo Domingo.- Dominican Telecom Institute (Indotel) executivedirector Alberty Canela on Tuesday promised cheap and fast Internet in twoyears, when the optic fiber networks will be installed in th[...]
Environment sets rules to manage chemicals, hazmat
Economy May 18, 2016 | 10:25 am
Santo Domingo.- The Environment Ministry on Tuesday releasedthe Quick Start Program (QSP) to implement a strategic approach to manage chemicalsand hazmat (SAICM) in the Dominican Republic.
En[...]
India’s new envoy to bolster New Delhi-Santo Domingo ties
Economy May 17, 2016 | 11:06 am
Santo Domingo.- India’s new ambassador to Cuba, DominicanRepublic and Haiti on Monday made his first visit to the country after hisrecent appointment.
Tsewang Namgyal and his wife Tsering L[...]
Parching drought over, aqueducts at record production
Economy May 17, 2016 | 8:17 am
Santo Domingo.- Santo Domingo water utility (CAASD) directorAlejandro Montas on Monday said the system will be producing as much as 415million gallons of potable water throughout this week, the mos[...]
Report of resumed mining at Loma Miranda ‘perverse manipulation’
Economy May 13, 2016 | 3:58 pm
Santo Domingo.- Energy and Mines minister Antonio Isa Condedenied Friday that Falconbridge Dominicana (Falcondo) could again extractnickel at Loma Miranda, as reports denounced Thursday.
In a[...]
All fuel prices unchanged a 2nd straight week
Economy May 13, 2016 | 11:34 am
Santo Domingo.- For the second straight week the Industryand Commerce Ministry on Friday posted unchanged prices on all fuels, so from fromMay 14 to 21 premium gasoline will still cost RD$192.00, a[...]
Corridor Project plants native species to mitigate road impact
Economy May 13, 2016 | 9:56 am
North-South Corridor Project plants native species tomitigate impact
Santo Domingo.- The North-South Corridor Project of the Environmentand Public Works ministries planted 400 royal palms in [...]
Cheaper foods pace -0.09% decline in April prices: Central Bank
Economy May 12, 2016 | 3:19 pm
Santo Domingo.- Dominican Republic’s Central Bank on Thursdaysaid April prices declined -0.09% with inflationfor the first four months at -0.67%, “which remains below the lower limit ofthe inf[...]
Election results won’t change investment climate: Free Zones chief
Economy May 12, 2016 | 11:48 am
Santo Domingo.- Dominican Free Zones Association (Adozona) presidentJose Tomas Contreras on Wednesday said the electoral process mustn’t affect thecountry's prospects, when asked if the results w[...]
Biggest power company issues US$370.0M in notes: Analyica
Economy May 12, 2016 | 10:38 am
Santo Domingo.- Dominican Republic’s biggest power company onTuesday issued US$370.0 million (around RD$17.0 billion) in notes abroad at a 7.95%rate payable semi-annually, redeemable in 2026, acc[...]
Dominican Republic economy grows 6.1% in 1Q, paced by mining
Economy May 12, 2016 | 7:26 am
Santo Domingo.- Central banker Hector Valdez Albizu on Wednesdaysaid Dominican Republic’s economy grew 6.1% in the first quarter, stressing a sustained macroeconomic stability.
In a meetin[...]
Dominicans abroad send home US$16.7B during Medina’s term
Economy May 11, 2016 | 9:39 am
Boston, MA.- The Dominican community abroad providedthrough family remittances, RD$734.9 billion (US$16.7 billion) to DominicanRepublic’s economy during president Danilo Medina’s administration[...]
Major eastern city gets new bridge, paved streets, roads
Economy May 11, 2016 | 8:43 am
Higuey, Dominican Republic.- Public Works minister GonzaloCastillo on Tuesday cut the ribbon on a bridge over the Duey River in eastern LaAltagracia province, and paved streets in sectors of Higuey[...]
Diplomacy in times of Brexit
Economy May 10, 2016 | 3:54 pm
“Being part of the EU is central to how we in the UK createjobs, expand trade and protect our interests around the world. It enables us todrive and shape a single market of some 500 million peopl[...]
Dominican Telecom aims to shield children from Web threats
Economy May 10, 2016 | 9:03 am
Santo Doming-.- The Dominican Telecom Institute (Indotel)and Justice Ministry work to implement a National Cybersecurity Strategy, witha special section aimed at children and adolescents, to ensure[...]