Dominican lawmakers be warned: The Web is watching
Economy March 31, 2016 | 4:24 pm
Santo Domingo.- The think tank Institutionalism and JusticeFoundation (FINJUS) on Thursday announced the launch of a website to monitor thelegislative work of Congress.
FINJUS executive vice [...]
GoldQuest identifies new exploration targets near Romero, Dominican Republic
Economy March 31, 2016 | 2:35 pm
Vancouver, BC–(Marketwired – March 31, 2016) – GoldQuest Mining Corp. (TSX VENTURE: GQC)(FRANKFURT: M1W) (BERLIN: M1W) (“GoldQuest” or the “Company”) is pleased toannounce an update [...]
The blackouts are back, and so are the excuses
Economy March 31, 2016 | 12:13 pm
Santo Domingo.- Complaints over the latest spate of blackoutsin Greater Santo Domingo and the interior mount, while the major power plant Itabo2 (138 megawatts) went off line Thursday morning.
<[...]Top Dominican diplomat says LatAm, Caribbean should speak as one
Economy March 31, 2016 | 8:55 am
Santo Domingo.- Dominican Republic Foreign minister AndrésNavarro on Wednesday called on the Community of Latin American and CaribbeanStates (CELAC) to work together to forge "one sole vo[...]
Business sector’s ‘substantial’ tax breaks will be reviewed, Medina warns
Economy March 31, 2016 | 8:23 am
Dominican Republic.- President Danilo Medina said Wednesdaythat in the next term in office a fiscal pact is one of the government priorities,including a "comprehensive" review of the “s[...]
Traffic in the Dominican capital has ‘collapsed’
Economy March 30, 2016 | 11:07 am
Santo Domingo.- The traffic and transport system of DominicanRepublic’s biggest metropolitan area has collapsed, an unfortunate realityfacing all sectors which are compelled to seek solutions to [...]
Utility chief admits delays in coal-fired plant’s construction
Economy March 30, 2016 | 10:00 am
Santo Domingo.- The CEO of Dominican Republic’s State-ownedElectric Utility (CDEEE) on Tuesday admitted delays in the construction of acoal-fired power plant, being built by Odebrecht in Punta Ca[...]
Dominican Central Bank injects US$200.0M to keep demand ‘normal’
Economy March 29, 2016 | 4:52 pm
Santo Domingo.- Central banker Hector Valdez Albizu on Tuesdayannounced a gradual injection of as much as US$200.0 million to the currencymarket to meet the of economy’s demand of dollars and con[...]
Central Bank, CEOs of banks to mull US$5.0B+ in international reserves
Economy March 29, 2016 | 9:50 am
Santo Domingo.- The Central Bank will meet today with the CEOsof Dominican Republic’s banks to deal with foreign exchange earnings, a netinternational reserves (NIR) exceed US$5.0 billion.
[...]
Medina cuts the ribbon on US$110+M solar power plant(Update)
Economy March 29, 2016 | 8:34 am
Santo Domingo.- In a ceremony headed by president Danilo Medina, the General Energy Solutions a Taiwanesecompany leader in solar power generation, on Tuesday placed in operation theregion’s large[...]
Medina, Abinader to speak at American Chamber of Commerce luncheons
Economy March 28, 2016 | 4:13 pm
Santo Domingo.- Dominican Republic’s ruling party (PLD)announced Monday that president Danilo Medina will be the invited speaker as apresidential candidate at the American Chamber of Commerce’s[...]
Dominican agro exports jump 22% to US$6.04B in 3 years
Economy March 28, 2016 | 3:43 pm
Santo Domingo.- Dominican Republic’s agro exports jumped 22%from 2012 to 2015 posting a total volume as high as US$6.04 billion, said Exportand Investment Center (CEI-RD) executive director Jean [...]
IDB helps Govt. organize growth of renewable energies
Economy March 28, 2016 | 10:37 am
Santo Domingo.- The Dominican State's commitment torenewable energy includes studies to establish the appropriate development of projectsand areas of subsequent tenders, Energy and Mines minister A[...]
All fuel prices frozen for Easter holiday
Economy March 24, 2016 | 9:55 am
Santo Domingo.- The Industry and Commerce Ministry posted the fuel prices for the week from March 26 to april 1, so Premium gasoline will still cost RD$183.90 and regular gasoline will remain at RD[...]
New rules for hydrocarbon exploration and production
Economy March 23, 2016 | 9:17 am
Santo Domingo.-Santo Domingo.- TheDominican Republic now has, for the first time in 60 years, alegislation applicable to hydrocarbon exploration and production, asa basis for attracting investment [...]
Dominican Republic, Haiti join forces to attract foreign investors
Economy March 22, 2016 | 2:02 pm
Santo Domingo.- The Dominican Republic and Haiti have joined forces in a partnership to attract more foreign investment to the two nations, a decision that came during a workshop organized by the C[...]
Industrialists urge government to end Fenatrado monopoly
Economy March 21, 2016 | 10:45 am
Santo Domingo.- Herreraand Santo Domingo Province Industries Association (AEIH) presidentAntonio Taveras urged the government, the private sector and thepolitical organizations to start legal proce[...]
All fuels except natural gas climb a 3rd straight week
Economy March 18, 2016 | 11:29 am
Santo Domingo.- The Industry and Commerce Ministry postedthe fuel prices for the third week from March 19 to 25, when premium gasolinewill cost RD$183.90, an increase of RD$2.90; regular gasoline w[...]
‘Biggest’ treatment plant to rescue 2 rivers at a cost of 55M euros
Economy March 18, 2016 | 11:13 am
Santo Domingo.- The cleanup of some 80 dry creek beds and theconstruction of 13 sewage treatment systems in Greater Santo Domingo forms partof the project to recover the Ozama and Isabela rivers, d[...]
Medina cuts ribbon on promised dam in the west
Economy March 18, 2016 | 10:23 am
San Juan de la Maguana,Dominican Republic.- President Danilo Medina looked pleased on Thursdaywhen he cut the ribbon for the Palma Sola Dam at the village Carrera de Yegua inSan Juan province (west[...]