Dominican refinery nets US$62M with ´sincered´ fuel prices
Economy September 2, 2015 | 7:59 am
Santo Domingo.- The CEOof Dominican Republic´s State-owned refinery on Tuesday said domestic fuel pricesare "sincered" and called the opposition PRM party´s calculations incorre[...]
Central Bank keeps benchmark rate at 5.0%
Economy September 1, 2015 | 9:24 am
Santo Domingo.- DominicanRepublic´s Central Bank on Monday said it kept its monetary policy interestrate at 5.0% annually, a decision adopted after analyzing inflation projections,private sect[...]
US Energy Dept. official visits AES Dominicana project
Economy September 1, 2015 | 8:50 am
Santo Domingo.- US InternationalEnergy Affairs Dept. director Gary Ward on Monday visited the construction siteof the Dominican Power Partners combined cycle power plant, owned by AESDominicana, wh[...]
Truckers lift strike, Haiti-Dominican border market back to normal
Economy September 1, 2015 | 8:19 am
Dajabon.- Thousands of Haitian and Dominican vendors andbuyers took part in the binationalmarket held Mondays and Fridays, with dozens of tractor trailers and othertrucks resumed the haul of frei[...]
The country is free of bird flu: Agro chief
Economy September 1, 2015 | 7:39 am
Santo Domingo.- TheWorld Organization for Animal Health on Mondayconfirmed that the Dominican Republic is free of bird flu, which places localproducers closer to resume exports, said Agriculture m[...]
Mining and cement affect environmental quality in Pedernales
Economy August 31, 2015 | 10:37 am
Pedernales.- Miningand cement production in Cabo Rojo in the southwestern province of Pedernales are having a negative impact onthe area, according to a study by environmental research firm Empaca.[...]
Erika damages banana plantations in NW
Economy August 31, 2015 | 9:11 am
Montecristi.- Strong winds caused by tropical storm Erika damaged most of the banana plantation in La Cruz de Manzanillo, with losses estimated to surpass RD$50million.
La Cruz de Manzanillo [...]
Dominican truckers end strike at the border with Haiti
Economy August 29, 2015 | 9:59 am
Santo Domingo.– Following the conclusion of an agreement, the strike of Dominican truckers and carriers was lifted Friday, according to a statement by the Technical Commission of Management and B[...]
Fuel prices fall by RD$1.00 to RD$11.60
Economy August 28, 2015 | 11:06 am
Santo Domingo.- The Ministry of Industryand Commerce has announced fuel price reductions ranging from RD$1.00 toRD$11.60.
For the week starting Saturday, August 29to September 4, Premium gaso[...]
UNDP to support Mining and Energy
Economy August 28, 2015 | 10:35 am
Santo Domingo.- The Ministry of Energy and Mines(MEM) will receive support from the United Nations Development Program (UNDP)in the area of resource management and technical assistance for the form[...]
Minister promises fuel price reductions this weekend
Economy August 27, 2015 | 2:10 pm
SantoDomingo.- The Minister of Industry and Commerce, Jose del CastilloSaviñon promised significant reductions in fuel prices as of this Saturday.
He saidthat the price reductions were b[...]
Telecoms disconnect 2 million phone lines
Economy August 27, 2015 | 6:49 am
Santo Domingo.- The Dominican Telecommunications Institute (Indotel)informs that the telecommunications provider companies have disconnected 2.1 millionphone lines for the reason that they have not[...]
PRM blasts government for overpriced fuels
Economy August 26, 2015 | 10:21 am
Santo Domingo.- The opposition PRM’sNational Economic Secretary, Arturo Martínez Moya, accused the government ofcharging consumers an extra RD$1 billion weekly for fuels.
He said that [...]
Mining sector “unaware of sale”
Economy August 26, 2015 | 7:31 am
SantoDomingo.- Thepresident of the Dominican Chamber of the Mining and Petroleum sector (Camipe), José Sena, saidyesterday that they were unaware of the sale of 100% of the sharesof Glencore C[...]
Malaysian foreign minister visits
Economy August 25, 2015 | 5:17 pm
Santo Domingo.- The president of the CommonwealthRoundtable in the Dominican Republic, Fernando Gonzalez Nicolas, hailed theMalaysian foreign minister Anifah Aman’s recent visit to the country, s[...]
Renewal key to reviving coffee sector, says expert
Economy August 25, 2015 | 11:10 am
SantoDomingo.- A coffee expert from Colombia says that renewal and creation of varietiesthat are resistant to the Roya disease is the ideal way to revive the country’scoffee crop, until a totally[...]
Nationwide agriculture survey underway
Economy August 25, 2015 | 8:02 am
Santo Domingo.- AgricultureMinister Ángel Estévez and the National Statistics Office (ONE), with supportfrom the United Nations Food and Agriculture Organization (FAO) and theEuropean Uni[...]
Tit-for-tat protest snarls Haiti-Dominican border market
Economy August 24, 2015 | 6:01 pm
Dajabón, Dominican Republic.-Union leaders of the Haitian town Ouanaminthe and other northeast Haiti localitieson Monday shut their border gate with chains, roiling several the binational mar[...]
The UN supports Dominican-Haiti border investment push
Economy August 24, 2015 | 11:14 am
Santo Domingo.- The UnitedNations System in the Dominican Republic and Haiti will support the public-privateinitiative investment Quisqueya Economic Binational Council (CEBQ), to promotehuman devel[...]
Medina: I don’t improvise with surprise visits
Economy August 24, 2015 | 9:34 am
Tamayo, Dominican Republic.-President Danilo Medina on Sunday approved funding for irrigation pumps toplant crops on more than 220 hectares, and affirmed that his surprise visits tothe various prod[...]
