Foreign investment topsUS$7.3B in 3 years, 37% of region
Economy September 23, 2015 | 9:29 am
Santo Domingo.- DominicanRepublic Export and Investment Center (CEI-RD) director Jean Alain Rodriguez yesterdaysaid direct foreign investment (FDI) in the country topped US$7.3 billion duringthe la[...]
Three Metro lines ´finished´ by Aug. 2016 for US$1.9B
Economy September 23, 2015 | 8:16 am
Santo Domingo.- The headof the Dominican Republic´s Metro Office (Opret) affirmed Tuesday that DaniloMedina´s administration will finish Santo Domingo Metro´s 3rd line beforeAugust 1[...]
Dominican Republic businesses waylay 200 labor unions
Economy September 23, 2015 | 7:48 am
Santo Domingo.- DominicanRepublic´s business sector has eliminated around 200 workers organizations, collectivebargaining committees in the last 10 years, Rafael-Pepe-Abreu, president of thela[...]
Haiti ban on Dominican products very bad: European envoy
Economy September 22, 2015 | 3:26 pm
Santo Domingo.- EuropeanUnion ambassador Alberto Navarro on Tuesdaycalled "very bad" Haiti's decision to ban the import of 23 Dominicanproducts by land starting October 1 and noted that [...]
AES Dominicana, Dominican Utility train coal-fired plant staff
Economy September 22, 2015 | 12:33 pm
Santo Domingo.- Thepower company AES Dominicana and Dominican republic´s State-owned electricutility (CDEEE) jointly implemented a technical training program for staffworking at the Punta Cata[...]
Dominican Republic legalizes 105,000 Haitians of 288,466 who applied
Economy September 22, 2015 | 11:29 am
Santo Domingo.- After16 months of work the government program to legalize foreigners is coming to anend with the delivery of the last ID cards to the thousands of theoverwhelmingly Haitian illegal [...]
World Bank eyes plan as exporters face 3.3% fall
Economy September 22, 2015 | 9:48 am
Santo Domingo.- DominicanExporters Association (Adoexpo) president Sadala Khoury on Monday said Dominicanexports have been "severely affected" in recent months, on among otherreasons, the[...]
Dominican Republic announces rules for drone
Economy September 22, 2015 | 8:20 am
Santo Domingo.- Thehead of Dominican Republic´s Civil Aviation Institute (IDAC) on Monday announcedrestrictions to operate drones over the country, to definitively regulate smallremote-control[...]
Haiti trade row splits Dominican Republic big business
Economy September 21, 2015 | 2:40 pm
Santo Domingo.- The latestdispute over trade between the Dominican Republic and Haiti has spurred a rift withinthe country´s National Business Council (Conep), where its president RafaelBlanco[...]
Haiti ban to cost exporters US$500.0M in one year
Economy September 21, 2015 | 12:28 pm
Santo Domingo.- DominicanExporters Association (Adoexpo) president Sadala Khoury on Monday warned thatif Haiti´s ban on domestic products lastsone year, the country would lose out on around U[...]
Dominican Republic must diversify export markets: Roundtable
Economy September 21, 2015 | 11:44 am
Santo Domingo.- The presidentof the Roundtable of Commonwealth Countries in the Dominican Republic on Mondayurged the private and public sector to focus efforts to identify new marketsfor Dominican[...]
After migrants, Dominican Republic-Haiti tension is now ovver trade
Economy September 21, 2015 | 11:07 am
After migrants, DominicanRepublic-Haiti tension now turns to business
Santiago.- Santiago Chamberof Commerce president Juan Manuel Ureña on Sunday said they oppose Haiti´s Industrie[...]
Cable car over Ozama river to save commuters 30%
Economy September 21, 2015 | 9:00 am
Santo Domingo.- Thetechnicians in charge of the construction of the cable car across the capital´sOzama river on Sunday said commuters will save around 30 percent on transport inneighborhoods [...]
Dominican Industries want Haiti trade issue ´snatched´ from politicos
Economy September 21, 2015 | 8:32 am
Santo Domingo.-Dominican Republic’s Herrera and Santo Domingo Province Industries Association (AEIH)on Sunday proposed that Haitian and Dominican business leaders "snatch"the issue of t[...]
Minister proposes dialogue with Haiti about ban on Dominican products
Economy September 19, 2015 | 8:32 am
Santo Domingo.– Industry and Commerce minister Jose del Castillo said Friday that the Dominican government is willing to talk with its Haitian counterpart to reach an understanding regarding the [...]
Haitian merchants defy Port-au-Prince´s ban on Dominican products
Economy September 18, 2015 | 1:08 pm
Dajabón, DominicanRepublic.- Haitian merchants on Friday defied their government´s ban on theentry of 23 products Dominican Republic for the land border, local media report.
The mer[...]
Haitian merchants defy Port-au-Prince´s ban on Dominican products
Economy September 18, 2015 | 1:07 pm
Dajabón, DominicanRepublic.- Haitian merchants on Friday defied their government´s ban on theentry of 23 products Dominican Republic for the land border, local media report.
The mer[...]
Gasoline falls a 4th straight week, gases unchanged
Economy September 18, 2015 | 11:04 am
Santo Domingo.- Forthe fourth straight week the Industry and Commerce Ministry posted lower priceson gasoline, while other major fuels remain unchanged.
For the week fromSept. 19 to 25 premiu[...]
Dominican Republic drops the F-bomb, bull feces on trade flap with Haiti
Economy September 18, 2015 | 7:44 am
Samaná, Dominican Republic.-Dominican Agribusiness Board (JAD) CEO Osmar Benitez on Thursday used thef-bomb to call Haiti´s ban on overland import of 22 Dominican products amistake measur[...]
Medina reveals 10,000 unit housing project with local developers
Economy September 17, 2015 | 9:30 am
Santiago.- PresidentDanilo Medina Wednesday night said the Government plans to build a project to house10,000 families, with the participation of the region´s developers.
Speaking to ope[...]