Dominican Preisdent, Dubai mogul talk ports at the Palace
Economy October 26, 2015 | 2:28 pm
Santo Domingo.- PresidentDanilo Medina received Dubai sultan Ahmed Bin Sulayem, CEO of ports management company DP World in the National Palace.
The Sultan will alsobe accompanied by the Hea[...]
Dominican Republic securities market to top US$25.0B: Official
Economy October 26, 2015 | 7:58 am
Santo Domingo.- Securitiessuperintendent Gabriel Castro on Sunday revealedthat trades in the Dominican Republic´s securities market are expected to surpassUS$25.0 billion at year end, from th[...]
Dominican Republic grows 6.7% in first 9 months, paced by construction
Economy October 23, 2015 | 4:09 pm
Santo Domingo.- Centralbanker Hector Valdez Albizu on Friday announced GDP growth of 6.7% in the firstnine months this year, boosted by 7.1% jump in the third quarter.
He said the economy gre[...]
Gasoline, diesel, propane fall, natural gas stays put
Economy October 23, 2015 | 11:27 am
Santo Domingo.- The Industryand Commerce Ministry on Friday posted the fuel prices for the week from Oct.24 to 30, when premium gasoline will cost RD$188.70, or RD$2.50 less and regularwill cost RD[...]
Santo Domingo Metro line 2 to be tested in 6 months
Economy October 23, 2015 | 8:56 am
Santo Domingo.- The agencyin charge of the metro lines (Opret) on Thursday announced it will test the extensionof Santo Domingo Metro´s second line in the next six months.
Opret deputy d[...]
Commonwealth Roundtable´s kudos for departing UK envoy
Economy October 22, 2015 | 5:01 pm
Santo Domingo.- The Roundtableof Commonwealth Countries in the Dominican Republic on Wednesday bestowed arecognition to British ambassador StevenFisher, who concludes his mission in the country.[...]
A first: Dominicans can now invest in real estate equity
Economy October 22, 2015 | 8:28 am
Santo Domingo.- Investorsin Dominican Republic´s securities market now have another option to diversifytheir portfolios, with Malaga trust, the first openly traded trust to offer equityin real[...]
Dominican Republic-China courtship heats up as Taiwan cools
Economy October 21, 2015 | 5:19 pm
Santo Domingo.- TheDominican Republic and China continue their unofficial meetings despite a lackof diplomatic ties, to the chagrin of Taiwan, which continues its investmentsand cooperation with th[...]
Dominican Fashion Week gives birth to Beauty Cluster
Economy October 21, 2015 | 3:52 pm
Santo Domingo.- The DominicanBeauty Cluster was inaugurated Tuesday night, during a cocktail as part of thefashion bash Dominica Moda 2015, in whichthe stand was also inaugurated.
Dominican f[...]
IDB lists technology´s gains, threats to Dominican Republic
Economy October 21, 2015 | 7:38 am
Santo Domingo.- Inter-AmericanDevelopment Bank (IDB) president Luis Alberto Moreno on Tuesday said therevolution which robotics and automation pose has become a threat to jobs in LatinAmerica and t[...]
´Pots and pans´ protest to demand lower food prices, security
Economy October 20, 2015 | 12:45 pm
Santo Domingo.- The HomemakersCommittees Association and users of services on Tuesday announced a ´pots andpans´ protest starting 3: 30pm Thursday at the corner of Duarte and Ovandoavenue[...]
A year of ´great milestones´ for LatAm´s 600M people
Economy October 20, 2015 | 10:55 am
Santo Domingo.-Foreign minister Andrés Navarro on Monday headed the opening of the fourthmeeting of representatives of Latin America´s and the Caribbean´s variousregional and sub reg[...]
State-owned bank assets climb 9.2% to US$8.44B
Economy October 20, 2015 | 9:03 am
Santo Domingo.- The State-ownedReservas bank´s total assets were RD$380.1 billion (US$8.44 billion) as of Septemberthis year, or RD$31.6 billion (9.1%) higher than in December 2014.
Rese[...]
Haiti-Dominican border market resumes with few buyers
Economy October 19, 2015 | 12:06 pm
Dajabón, Dominican Republic.-After a two-week walkout the bi-national market held twice a week in the borderarea resumed on Monday, but with few vendors and buyers, especially Haitians.
[...]
With Haiti ‘uncertain’ exporters need to look to other markets
Economy October 19, 2015 | 8:14 am
Santo Domingo.- Dominican Exporters Association (ADOEXPO) presidentSadala Khoury on Sunday called for joint action between the private and publicsectors to diversify export markets, and called trad[...]
Dominican Republic resumes border market but Haiti ban stays
Economy October 19, 2015 | 7:42 am
Dajabon, Dominican Republic. - Merchants and truckers on Sundayagreed to reopen the binational market on Monday, despite Haiti’ continued banon the entry overland of 23 Dominican products.
[...]
Gasoline falls RD$2.10, all other fuels unchanged
Economy October 16, 2015 | 11:49 am
Santo Domingo.- The Industryand Commerce Ministry on Friday posted the fuel prices for the week from Oct.17 to 23, when premium gasoline will cost RD$191.20 and regular will cost RD$173.50,both RD$[...]
Despair at Dominican-Haiti border as market shutout enters 9th day
Economy October 16, 2015 | 11:31 am
Dajabón, Dominican Republic.-Nine days of a shuttered Dominican-Haiti binational market has brought despairto both sides of the border as merchants´ profits dwindle and consumers have tob[...]
Krugman: Dominican economy relatively good despite global crisis
Economy October 16, 2015 | 10:16 am
Santo Domingo.- The Nobel laureate in economics 2008 affirmed Thursday that the Dominicaneconomy has conditions to seize opportunities amid the globalized crisis, andcalled the country's economic p[...]
Foreign investment falls -21% despite growth forecasts
Economy October 16, 2015 | 8:31 am
Santiago, Chile (EFE).- Direct foreign investment (FDI) into 16 Latin America and Caribbean countriesfell 21% in the first half of 2015 compared with the same period last year, witha total of US$88[...]