IDB wants to know if the country can tap its geothermal energy
Economy April 29, 2016 | 9:29 am
Santo Domingo.- The Inter-American Development Bank (IDB)will grant the Energy and Mines Ministry US$200,000 for a 12-month study of thecountry’s geothermal potential and to produce clean energy,[...]
US$38.3M agro program will benefit 18,000 west region farmers
Economy April 29, 2016 | 8:08 am
San Juan de la Maguana,Dominican Republic.- President Danilo Medina on Thursday launchedthe Agricultural Transformation and Restructuring Program, which will benefit18,000 farmers in the region.
Haiti big business wants more Dominican Republic products banned
Economy April 29, 2016 | 7:39 am
Santo Domingo.- Haiti’s major business organization, the PrivateSector Economic Forum, on Thursday proposed to that country’s government expandthe ban already in effect on 23 items from the Dom[...]
Dominican economy grows 6.1% in Q1, paced by mining
Economy April 28, 2016 | 6:04 pm
Santo Domingo.- Dominican Republic’s Central Bank on Thursdaysaid the country’s economy grew 6.1% in the first quarter, and that 173,402 jobswere added since April, 2015.
“The unemploym[...]
Entities agree to boost Dominican Republic’s oil exploration, mining
Economy April 28, 2016 | 4:41 pm
Santo Domingo.- The binational chambers of commerce groupedin the Roundtable of Commonwealth Countries in the Dominican Republic and DominicanRepublic’s Oil and Mining Chamber (CAMIPE), on Thursd[...]
Rate cut unplugs thousands of Uber drivers in Dominican Republic
Economy April 28, 2016 | 4:05 pm
Santo Domingo.- Since Wednesday, when accessing theapplication Uber on smartphones, on the map of Santo Domingo and Santiago themessage reads "no vehicles available," and no figures of th[...]
A run for the presidency can cost as much as RD$1.0B: Top official
Economy April 28, 2016 | 9:09 am
Santo Domingo.- Central Electoral Board (JCE) president RobertoRosario on Wednesday revealed that a rally to close a campaign costs RD$200million, while a run for the presidency can cost as much as[...]
Medina cuts ribbon on 29Km road in the Central Mountains
Economy April 27, 2016 | 11:01 am
San José de Ocoa, DominicanRepublic.- President Danilo Medina headed ribbon cutting Wednesday on the PiedraBlanca-Juan Adrian-Rancho Arriba-San José de Ocoa road that spans 29 kilometers[...]
Cloudy skies, scattered showers continue
Economy April 27, 2016 | 8:36 am
Santo Domingo.- A nearly stationary frontal system and a troughwill bring cloudy skies and scattered showers over all regions except theSouthwest Wednesday morning, increasing in the afternoon
<[...]Road through Central Mountains nearly finished
Economy April 26, 2016 | 4:54 pm
Santo Domingo.- The Cruce de Ocoa-Piedra Blanca Road Committeeon Tuesday hailed the imminent completion and opening of the second stage ofthe "Padre Luis Quinn Ecological Corridor," the s[...]
Dominican banana industry earns US$420M yearly
Economy April 26, 2016 | 1:17 pm
Santo Domingo.- Dominican Republic’s banana industry earnsUS$420 million per year and accounts for more than 32,000 jobs, 44% of them fixedand of which 12% are women.
The figures were revea[...]
Medina heads ribbon-cutting on US$90M+ biomass power plant
Economy April 26, 2016 | 11:44 am
San Pedro, Dominican Republic.- President Danilo Medina on Tuesdayheaded ribbon-cutting on the San Pedro Bio-Energy power plant, built at a costof more than US$90 million, of which 55 million came [...]
Dominicans flee Puerto Rico’s stunning crisis: Report
Economy April 26, 2016 | 11:25 am
Santo Domingo.- PuertoRico’s stunning economic crisis has virtually bankrupt the island, forcing thousandsof Dominicans from all walks of life to return home, leaving behind shippingcompanies, re[...]
Dominican tax climate improves: Latinvex
Economy April 26, 2016 | 10:04 am
Miami (Latinvex).- The Dominican Republic is one of theLatin America countries that has improved its overall tax climate for business,according to the latest annual ranking from Miami-based online [...]
Dominican mines agency, Commonwealth nations to sign major pact
Economy April 26, 2016 | 8:42 am
Santo Domingo.- The bi-national chambers of commercegrouped in the Roundtable of Commonwealth Countries in the Dominican Republic, andthe Oil and Mining Chamber of the Dominican Republic (CAMIPE) w[...]
Feller-Rate raises biggest Dominican bank from AA to AA+
Economy April 26, 2016 | 8:24 am
Santo Domingo.- Banco Popular Dominicano, the country’sbiggest bank raised its credit ratings from AA to AA +, with a stable outlook, Feller-Ratesays in its latest report.
It said Popular's[...]
Haiti companies want ban on Dominican products to continue: EFE
Economy April 25, 2016 | 4:38 pm
Port-au-Prince .- The Economic Forum of the private sectorin Haiti, which groups several leading companies, on Monday asked the country'sauthorities to maintain the ban on the entryby land on 23 pr[...]
Leading telecom guarantees array of services on election day
Economy April 25, 2016 | 12:59 pm
Santo Domingo.- Dominican Republic’s biggest telecom on Mondayguaranteed its service to the Central Electoral Board (JCE) for the May 15 generalelections, and said it’s ready to meet the proces[...]
Pipes for Puerto Plata treatment plant arrive in Samaná
Economy April 22, 2016 | 5:49 pm
Samana, Dominican Republic.- Over 3,000 meters ofpolyethylene pipe to be used to install an "outfall" at Puerto Plata arrivedat Arroyo Barril port Friday, which aims to contribute to keep[...]
Most fuel prices jump a second straight week
Economy April 22, 2016 | 11:39 am
Santo Domingo.- For the second straight week the Industryand Commerce Ministry on Friday posted higher prices on most fuels, so from April23 to 29, premium gasoline will cost RD$188.90, a RD$2.50 i[...]