Dominican Republic exports fall 16.3%
Economy August 18, 2015 | 9:04 am
SantoDomingo.- In contrast with the recent figures supplied by the Central Bank of the Dominican Republic, theEconomic Commission for Latin America and the Caribbean (ECLAC) reports thatduring this[...]
Medina says ´present´ in La Romana to kick off school year
Economy August 17, 2015 | 11:25 am
La Romana, Dominican.-President Danilo Medina on Monday headed the formal start of the 2015-2016school year, during a ceremony in the eastern city.
Medina arrived 10amat Rita Elena Mendez sch[...]
Dominican companies fall short in quest to globalize: Industrialist
Economy August 17, 2015 | 9:49 am
Santo Domingo.- DominicanRepublic´s industrial sector requires permanent investment in innovation,linking industrial companies with universities and technical institutes, and proactivefinancia[...]
Canada-based Dominican miner comes clean after surprise deal
Economy August 17, 2015 | 8:42 am
Bonao, DominicanRepublic.- Falconbridge Dominicana (Falcondo) on Saturday said American Nickel Limited(Americano Nickel-ANL) is a specialized mining industry holding company focusedon the explorat[...]
Dominican leaders says agro got nearly US$1.0B
Economy August 17, 2015 | 7:31 am
Yuna Basin, DominicanRepublic.- President Danilo Medina on Sunday said his administration has fundedthe agro sector´s development and expansion with more than RD$44.0 billion (nearlyUS$1.0 bil[...]
Haiti-Dominican border market normal as truckers´ strike enters10th day
Economy August 14, 2015 | 2:08 pm
Dajabón, Dominican Republic.- TheBinational market held Mondays and Fridays was normal today despite the continuedstrike of transport to Haiti by Dominican truckers, now entering its 10thday.[...]
Fuel prices just pennies lower despite big drops abroad
Economy August 14, 2015 | 11:46 am
Santo Domingo.- The Industry and Commerce Ministry on Friday postedslightly lower prices on most fuels, despite major declines on crude in internationalmarkets.
For the week fromAug. 15 to 2[...]
Dominican Republic must wake up to regional realities: Think tank
Economy August 14, 2015 | 11:11 am
Santo Domingo.- To learn of current regional issues ranging from the post US -CAFTA trade relations, Cuba´s entry into the regional context, and the DR-Haiti situation at the crossroads , the[...]
Santo Domingo Metro one of only two ´self-sustained´ in the world
Economy August 14, 2015 | 9:35 am
Santo Domingo.- The farewhich Santo Domingo Metro 230,000 `s passengers pay daily is enough to self-sustainthe modern mass transit system, whose yearly earnings are as high as RD$1.3billion (US$27.[...]
Glencore sells Dominican Republic nickel mine to American Nickel
Economy August 13, 2015 | 4:22 pm
Santo Domingo.- Nickel miner Falconbridge Dominicana (Falcondo) on Thur.announced that American Nickel Limited (ANL) acquired 100% of its shares fromGlencore Canada Corporation, becoming the Domini[...]
Medina leaves old models of governing behind, official
Economy August 13, 2015 | 12:03 pm
Santo Domingo.- PresidentDanilo Medina concludes his third year in office with more than half a millionDominicans who’ve been pull out of poverty, creating 354,618 jobs; 18,000 newclassrooms buil[...]
Free zones sector among the most productive: top official says
Economy August 13, 2015 | 11:13 am
Santo Domingo.- Industryand Commerce minister Jose del Castillo on Thursday called the free zone sectoramong the most productive and which has most contributed to economic and socialdevelopment, th[...]
Industry scoffs at Medina´s choice to head nascent export bank
Economy August 12, 2015 | 4:24 pm
Santo Domingo.- DominicanRepublic´s Industries Association (AIRD) on Tuesday said the president DaniloMedina´s designation of María Teresa Nanita as general manager of the newlycreat[...]
AES Dominicana launches major natural gas projects for the region
Economy August 12, 2015 | 12:15 pm
Santo Domingo. – AESDominicana, an affiliate of AES Corporation, launches LNG trans-shipment andLNG bunkering services for the Caribbean, Central and South America, leveragingthe company’s worl[...]
Medina lauds free zones, predicts ´great success´
Economy August 12, 2015 | 9:34 am
Santo Domingo.- PresidentDanilo Medina on Tuesday congratulated free zone employers and workers bypredicting greatest success and reiterated government support them so theiroperations continue to g[...]
A ´most stable economy,´ the northeast needs land titles
Economy August 12, 2015 | 8:56 am
San Francisco, DominicanRepublic.- The northeast is "one of the country´s most stable economies,"said National Business Council (CONEP) president Rafael Blanco in San FranciscoTuesda[...]
Dominican truckers demand safety in Haiti as walkout hits 2nd week
Economy August 12, 2015 | 8:30 am
Santo Domingo.- The ministersof Foreign Affairs, Andrés Navarro, and Interior and Police, Jose Ramon Fadulon Tuesday net with Blas Peralta, head of the country´s biggest truckers union (F[...]
Pressure spurs Dominican Republic to halt aggregates, lumbering
Economy August 11, 2015 | 4:49 pm
Santo Domingo.- Afterweeks of intense pressure Environment minister Bautista Rojas on Tuesdayannounced the suspension of all extraction of aggregates and lumbering as longas the drought lasts in th[...]
Chicken, beef prices climb, pork, cheese fall
Economy August 11, 2015 | 3:51 pm
Santo Domingo.- The consumerprotection agency (ProConsumidor) on Tuesday said of the 40 major food itemswhich form the family staples, 11 of them climbed in price in July, 21 remainunchanged, while[...]
Major aqueducts cut supply by 75%, still no rain in sight
Economy August 11, 2015 | 9:44 am
Santo Domingo.- TheHaina, Isa-Mana and Duey aqueduct systems have cut back supply by 75 percent aspiped water continues scarce in Greater Santo Domingo.
The Valdesia and Jigüeydams are a[...]