All liquid fuels to cost less, gases unchanged
Economy December 11, 2015 | 11:23 am
Santo Domingo.- The Industryand Commerce Ministry on Friday posted lower prices on most fuels for the week fromDecember 12 to 18, when premium gasoline will cost RD$184.40, or RD$1.00 lessand regul[...]
Govt. approves 1,698 new charter, cargo flights
Economy December 11, 2015 | 11:10 am
Santo Domingo.- The CivilAviation Board on Friday announced the approval of new flight routes with 1,698flights (1,009 charter and 689 cargo) for the winter season as part of agreementsbased on the[...]
Catholic schools will be free of charge, 130,000 students benefit
Economy December 11, 2015 | 9:35 am
Santo Domingo.- Theschools run by the Catholic Church will be free of charge, which will benefit morethan 130,000 young and adult students from the country´s vulnerable sectors.
The agre[...]
At Dominican Republic conclave, World Customs vow to fight global terrorism
Economy December 11, 2015 | 9:00 am
Punta Cana, Dominican Republic.-The recent terrorist attacks in France, Tunisia, Turkey, Mali, and the downingof a Russian airliner with 224 passengers in Egypt´s Sinai Peninsula has promptedt[...]
Dominican Republic pension fund tops US$7.0B
Economy December 11, 2015 | 7:59 am
Santo Domingo.- As of October31, 2015, Dominican Republic´s pension fund topped RD$357.7 billion (US$7.0billion), Pensions Superintendent (Sipen) revealed Thursday.
It said RD$5.98 billi[...]
Motorists: Detours at eastern highway today, Friday
Economy December 10, 2015 | 12:58 pm
Santo Domingo.- The PublicWorks Ministry will partly close a span of the Las Americas Highway at the Andres,Boca Chica entrance from 11:30pm Thursday to 5am Friday.
It said it will closethe r[...]
Securities market trades jump US$9.0B to US$31.0B in 2015
Economy December 10, 2015 | 11:27 am
Santo Domingo.- Dominican Republic´s securities market closed theyear with trades of around US$31.0 billion, a US$9.0 billion jump from, last year’sUS$22.0 billion.
Securities superin[...]
November prices climb 0.17%, paced by foods
Economy December 10, 2015 | 7:44 am
Santo Domingo.- TheCentral Bank on Wednesday said November prices climbed 0.17% in October 2015, pacedby foods and soft drinks.
It said January toNovember 2015 accumulated inflation was 2.25 [...]
Dominican Republic leader announces big plans, but still skirts the press
Economy December 9, 2015 | 3:55 pm
Invites the privatesector for infrastructure projects
Speaks at the American Chamberof Commerce
Santo Domingo.-President Danilo Medina on Wednesday announced an ambitious effort to attr[...]
Steam stack for coal-fired power plants arrives at site
Economy December 9, 2015 | 9:08 am
Punta Catalina, DominicanRepublic.- State-owned electric utility CEO Ruben Jimenez on Tuesday receivedthe first of the two steam stacks for the coal-fired power plants being builtat Punta Catalina,[...]
Barrick´s Dominican gold mine wins top exporter award
Economy December 9, 2015 | 8:41 am
Santo Domingo.- BarrickPueblo Viejo Corp. on Tuesday won the Dominican Exporters Association´s (ADOEXPO)Dominican Export Excellence award, which recognizes companies that by having adaptedto g[...]
Deputies approve US$244.3M bond to boost 2016 budget
Economy December 8, 2015 | 6:01 pm
Santo Domingo.- TheChamber of Deputies on Tuesday declared the legislation urgent to approve abill authorizing the Finance Ministry to issue a bond of RD$114.5 billion (US$244.3million).
The [...]
Dominican, US customs bolster trade, antiterrorist actions
Economy December 8, 2015 | 8:27 am
Punta Cana, Dominican Republic.-The Dominican Republic and United States Customs agencies on Monday signed an agreementto bolster bilateral trade and against terrorist threats to the cross-border c[...]
Dominican govt. mulls concrete roads on cement´s low cost
Economy December 7, 2015 | 4:37 pm
Santo Domingo.- PresidentDanilo Medina ordered a cost-benefit feasibility study on the use of concrete forthe country's roads, Public Works minister Gonzalo Castillo revealed Monday, andsaid the pr[...]
Popular bank Auto Fair approves US$69.0M+ new car loans
Economy December 7, 2015 | 9:50 am
Santo Domingo.- The Popularbank´s 20th annual Autoferia Popular concluded Sunday with more thanRD$3.1 billion (US$69.0 million) in approved loans to buy 2,583 new vehicles.
The average a[...]
Dominican Rep,, Japan agree to help Haiti´s forests, farms
Economy December 7, 2015 | 8:40 am
Dominican Republic, Japanpact help for Haiti´s highlands
Santo Domingo.- TheDominican Government and Japan´s International Cooperation Agency (JICA) on Sundayagreed to implement th[...]
Price of diesel falls, gasoline, gases unchanged
Economy December 4, 2015 | 11:17 am
Santo Domingo.- The Industryand Commerce Ministry posted the fuel prices for the week from December 5 to 11,when premium gasoline remains at RD$185.40 and regular at RD$167.90 per gallon.
Opt[...]
Major retail chain opens mall, creates 700 jobs in La Romana
Economy December 4, 2015 | 8:25 am
La Romana, DominicanRepublic.- The Grupo Ramos retail chain on Thursday inaugurated La Romana´s regionalMultiplaza mall, to expand its businesses which will provide 700 jobs in the easternprov[...]
Loans at 7.50%, up to 7 years to pay at biggest bank´s auto fair
Economy December 4, 2015 | 8:08 am
Santo Domingo.- DominicanRepublic´s biggest bank launched its 20th annual auto Thursdaynight, with new offers including loans at rates as low as 7.50 % and up toseven years to pay.
The B[...]
Bauxite mine in Dominican SW gets 11-month reprieve
Economy December 3, 2015 | 12:57 pm
Santo Domingo.- The deadlineissued to the miner Dovenco to extract bauxite in Pedernales has been extended 11months, a decision the government says aims for a more flexible transition towardsthe so[...]