Government to pay US$834M owed the power companies: Official
Economy September 8, 2015 | 1:40 pm
Santo Domingo.- NationalEnergy Commission (CNE) president Juan Rodriguez revealed Tuesday that thegovernment agreed to pay the US$834 millionowed to the power companies.
He said thegovernmen[...]
New parasitic wasp can save Dominican economy from pest: eurekalert.org
Economy September 8, 2015 | 12:48 pm
While biocontrolagents come in different shapes, often taking a lot of time for scientists toresearch, test and produce, natural ones always seem to be the better option.Now that Drs. Taveras and H[...]
Timber ban roils bsinesses, environmentalists
Economy September 8, 2015 | 9:29 am
Santo Domingo.- The EnvironmentMinistry´s temporary ban (13-2015) issued last week on the transport of timberfrom forests has roiled several business and environmental groups which reject them[...]
August prices climb 0.32%, paced by foods
Economy September 8, 2015 | 7:51 am
Santo Domingo.- DominicanRepublic´s Central Bank on Monday said August price climbed 0.32% compared withJuly, with accumulated inflation during the first eight months at just 1.17%.
It s[...]
IDB rep points to contrast in Dominican Republic growth
Economy September 7, 2015 | 9:33 am
Santo Domingo.- TheInter-American Development Bank (IDB) representative in the Dominican Republic,Flora Montealegre, says that the positive growth rates enjoyed by the countryin recent years contra[...]
Bright future for farming, says President
Economy September 7, 2015 | 7:37 am
During his Sunday surprisevisit to Cotuí, Sánchez Ramírez province, President Danilo Medina described thefarming sector’s future as “enviable” on the grounds that no other econ[...]
Protesters urge Tuesday gas boycott
Economy September 7, 2015 | 6:45 am
Santo Domingo.- In protest at the high price ofgasoline, the Somos Pueblo (We are the People) movement is calling a Tuesdayboycott on fuel purchases. Spokeswoman Clarisa Gil explained that the idea[...]
Border market normal a 3rd time after truckers lift blockade
Economy September 4, 2015 | 12:48 pm
Dajabon, DominicanRepublic.- The binational border market held Mondays and Fridays takes place normallysince 8am today, the third time after Dominican truckers lifted their 28-dayblockade of freigh[...]
Government hosts talks to set trade policy to 2020
Economy September 4, 2015 | 12:27 pm
Santo Domingo.- Industryand Commerce Ministry Foreign Trade (DICOEX) director Katrina Naut on Thursday saidthe government is holding consultations aimed at defining Dominican Republic´s tradep[...]
Gasoline down; diesel, propane up; natural gas unchanged
Economy September 4, 2015 | 11:31 am
Santo Domingo.- The Industryand Commerce Ministry posted the fuel prices for the week from September 5 to11, when premium gasoline will cost RD$197.10 and regular gasoline will sellfor RD$179.20, o[...]
By 2020 most Dominican should be digitally linked to world economy
Economy September 4, 2015 | 10:06 am
Santo Domingo.- By theyear 2020 the Dominican Republic should have 80% of its population digitally connectedand integrated into the world economy, which will make its citizens more intelligent,educ[...]
Santo Domingo´s historic center should be expanded, experts
Economy September 4, 2015 | 8:41 am
Santo Domingo.- SantoDomingo´s historic center, a UNESCO World Heritage Site, should be expanded tothe Ozama River´s western bank and areas of influence where the Dominicancapital was fou[...]
Non-oil imports boost Customs Aug. revenue to US$170.3M
Economy September 3, 2015 | 4:17 pm
Santo Domingo.- The Customs Agency on Thursday said August revenue was RD$7.66 billion(US$170.3 million), a 14.5% jump or RD$970.7 million, compared with the same month a year ago.
Customs s[...]
FAO joins the country´s push to fight the fruit fly
Economy September 3, 2015 | 12:44 pm
Santo Domingo.- Todeal with the economic setback resulting from the Mediterranean fruit fly´s (Medfly)presence in the country, the Food and Agriculture Organization (FAO) isproviding technical[...]
Dominican Republic gets failing grade in Web access: EFE
Economy September 3, 2015 | 11:06 am
Santo Domingo.- DominicanRepublic figures among the countries with the lowest scores in households withinternet access in Latin America, EFE reports.
The recent report "The ecosystem an[...]
Govt.: 70,000 rooms ready to house twice the number of tourists
Economy September 3, 2015 | 8:59 am
Santo Domingo.-Government communications director Roberto Rodriguez Marchena on Wednesday saidthe country has 70,000 hotel rooms poised to welcome twice the number of visitorsas last year.
He[...]
Dominican pork producers lead region, work to stay that way
Economy September 3, 2015 | 8:04 am
Punta Cana, DominicanRepublic.- Representatives from 17 countries on Wednesday discussed ways toimprove the breeding of hogs, in two gatherings whose opening was headed by presidentDanilo Medina in[...]
Dominican province gets a 30MW, US$60M solar power plant
Economy September 2, 2015 | 5:21 pm
Monte Plata,Dominican Republic.- The company Soventix cut the ribbon on Wednesday for MontePlata province´s (east) first solar panel plant, which will supply 30megawatts to the national grid i[...]
Townsfolk protest closing of Dominican bauxite mine
Economy September 2, 2015 | 10:28 am
Pedernales, DominicanRepublic.- Workers, supervisors, drivers and other people linked to the region´sbauxite mine held a candlelight vigil Tuesday night in the town´s main streetsto deman[...]
Major road projects ready by end of Oct.: Public Works
Economy September 2, 2015 | 9:10 am
Santo Domingo.- PublicWorks minister Gonzalo Castillo on Tuesday said the government works toexpedite the completion of several major road works before the end of presidentDanilo Medina´s curr[...]