Dominican Republic should look to powerful Pacific Alliance: Expert
Economy March 4, 2015 | 8:17 am
Santo Domingo.- Dominican Republic has a brilliant opportunity to take advantage of the Pacific Alliance, a trade interaction group of which is now an observer, and formed by Chile, Colombia, Mexic[...]
Power companies ‘fully support’ pact with consumers at center
Economy March 3, 2015 | 9:58 am
Santo Domingo.-. High costs, unstable service and other ills have characterized the electricity sector’s failures, spurring the major power companies, regulators and consumers to seek a solution [...]
Failed bank depositors can get their money back starting today
Economy March 3, 2015 | 8:00 am
Santo Domingo.- The Banks Superintendence on Monday announced it will reimburse deposits to 6,751 customers of the collapsed Peravia bank, of up to RD$500,000 each.
Superintendent Luis A. Asu[...]
Price of bread ‘could jump’ up to 20% on nixed tax breaks
Economy March 2, 2015 | 5:17 pm
Santo Domingo.- The price of a bread bun could jump as much as 20% unless the government rolls back the elimination of tax breaks on food items as stipulated in the fiscal reform of 2010.
Th[...]
Dominican Central Bank holds benchmark rate at 6.25%
Economy March 2, 2015 | 10:16 am
Santo Domingo.- Dominican Republic’s Central Bank on Sunday said the Monetary Board will keep its benchmark 6.25% per annum interest rate unchanged.
It said the decision resulted from an an[...]
All fuel prices unchanged
Economy February 26, 2015 | 2:29 pm
Santo Domingo. – Fuel prices will remain unchanged for the week from March 1 to 7, when premium gasoline will still cost RD$204.00 and regular will cost RD$181.60 per gallon.
Premium diesel[...]
Official announces cable car system in the capital
Economy February 26, 2015 | 9:21 am
Santo Domingo.- It’s a fact. The city will have a new mass transport system in Metrocable, whose five kilometers will accommodate 3,000 commuters per hour in 160 cars.
José Gonzalez C[...]
From eggs to eddoes, it’s 40% less at Merca Santo Domingo
Economy February 26, 2015 | 8:35 am
Santo Domingo.- The entrance to Merca Santo Domingo resembles any department store or shopping mall, with farm products neatly arranged in their bins, specified by types and colors, and with price [...]
Dominican Republic to build its 13th airport
Economy February 25, 2015 | 5:26 pm
San Francisco, Dominican Republic.- The government on Wednesday announced construction of the Northeast Aerodrome, aimed at spurring production, trade, sports and ecotourism in Duarte, Hermanas Mir[...]
Obama meets Dominican envoy in the White House
Economy February 24, 2015 | 4:42 pm
Washington DC.- Dominican Republic’s recently-appointed Ambassador in the United States José Tomás Pérez on Monday presented credentials to US president Barack Obama, in a White H[...]
El Salvador officials laud Dominican Republic’s biggest power plant
Economy February 24, 2015 | 10:07 am
Santo Domingo.- Dominican Republic’s biggest power company on Monday announced a visit by an El Salvador Govt. delegation to its AES Andres, Boca Chica energy complex, headed by Electric[...]
Public Works announces new overpass, posts detours
Economy February 24, 2015 | 9:28 am
Santo Domingo.- The Public Works Ministry on Monday announced the start of construction 10pm Wednesday of an overpass at the intersection of 27 de Febrero and Privada avenues, in western Santo Dom[...]
Dominican Republic chicken farms cut price ‘for the first time’
Economy February 23, 2015 | 5:48 pm
Santo Domingo.- Dominican Republic’s poultry producers grouped in ADA on Monday announced a reduction of RD$3.50 per pound in the price of live chicken on farm, in effect nationwide starting toda[...]
US, Dominican Republic start tax info exchange
Economy February 23, 2015 | 10:35 am
Santo Domingo.- The US Internal Revenue Service (IRS) and Dominican Republic’s Internal Taxes Agency (DGII) have begun a process to exchange bilateral financial and tax information, as part of t[...]
Big business slams transport companies ‘disguised as unions’
Economy February 23, 2015 | 9:04 am
Santo Domingo.- The National Business Council (CONEP) on Sunday proposed the start of a comprehensive process to reform the national transport system, rocked by a recent spate of attacks by vandal [...]
Medina opens Beltway’s 1st span cost RD$5.17B
Economy February 23, 2015 | 8:28 am
Santo Domingo.- President Danilo Medina on Sunday cut the ribbon for the 70-kilometer first span of the Santo Domingo Beltway, which will link Boca Chica in the east with Haina in the west, built a[...]
Most fuel prices up a 3rd straight week; natural gas unchanged
Economy February 20, 2015 | 11:38 am
Santo Domingo. – For the third straight week fuel prices will climb, except natural gas which remains unchanged.
From February 21 to 27, premium gasoline will cost RD$204.00 and regular wil[...]
Tomato growers, Govt. announce record 2.3M+ ton crop
Economy February 20, 2015 | 11:06 am
Azua, Dominican Republic.- The canners and tomato growers grouped in Afconagro and the Agriculture Ministry on Thursday announced a record crop of more than 2.3 million tons on 3,700 hectares in Az[...]
US$97.0M in works boost South region towns, inhabitants
Economy February 20, 2015 | 8:51 am
Santo Domingo.- After several ribbon-cutting ceremonies for government works in South region towns at a cost of more than over RD$4.4 billion (US$97.0 billion), State Works Supervisory Engineers O[...]
US lawmakers to visit Dominican Republic Congress Friday
Economy February 19, 2015 | 5:29 pm
Santo Domingo.- A delegation of the US House of Representatives headed by minority leader Nancy Pelosi will visit Chamber of Deputies president Abel Martinez and other local lawmakers Friday morni[...]
