July prices climb 0.24%; transport, housing decline
Economy August 11, 2015 | 8:27 am
Santo Domingo.- TheCentral Bank on Monday said July prices rose 0.24% compared to June, with cumulativeinflation from January to July at 0.85%.
It said inflation fromJuly 2014 to July 2015 w[...]
Las Americas Airport to hold crash drill Tuesday morning
Economy August 10, 2015 | 4:26 pm
Santo Domingo.-Dominican airports management contractor Aerodom will hold crash drill from 9amto 11:30am on Tuesday at the Las Americas International Airport (AILA).
it said sirens willbe hea[...]
Power outages halt Santo Domingo Metro twice in two weeks
Economy August 10, 2015 | 3:58 pm
Santo Domingo.- The SantoDomingo Metro´s Line 2 was halted on Monday with glitches for the second timein as many weeks, with no incidents reported.
It´s also the thirdtime the subwa[...]
Drought bumps food prices, but also ´mismanaged forests´
Economy August 10, 2015 | 10:04 am
Santo Domingo.-Several farm products including tubers and vegetables cost more while others arebecoming scarce from the nationwide drought now into several months, as vendorsworry about what will o[...]
Rugged Central Mountains town gets a new road
Economy August 10, 2015 | 9:08 am
Jánico, Dominican Republic.-President Danilo Medina on Sunday cut the ribbon for a road which links a townin the Central Mountains and renovatedand expanded Diagnostic Center for and streets [...]
Barrick says deal with Royal Gold does not affect partnership with DR govt.
Economy August 8, 2015 | 9:57 am
Santo Domingo.– Barrick Pueblo Viejo on Friday reacted to the claim by theDominican government about negotiations between the mining company and RoyalGold, on the production of precious metals, a[...]
Latin America must walk into the tech world: former Dominican president
Economy August 8, 2015 | 8:47 am
Santo Domingo.– Former Dominican president Leonel Fernandez said in New York that Latin America must walk into the world of technology, in order to generate added value through knowledge and huma[...]
Investment firm reiterates compliance with bondholders
Economy August 7, 2015 | 3:25 pm
Santo Domingo.- The investment firm Delta Intur Corp. onThursday announced the final payment onits debenture bond agreed with its stakeholders, who in turn have withdrawntheir respective challen[...]
Work on underpass at busy intersection advances
Economy August 7, 2015 | 12:10 pm
Santo Domingo.- Constructionof the trench-tunnel underpass at 27 de Febrero and Privada avenues advances , whilecrews create u-turns for motorists on the Kennedy span between Nuñez andChurchil[...]
All fuel prices unchanged Aug. 8 to 14
Economy August 7, 2015 | 11:13 am
Santo Domingo.- The Industry and Commerce Ministry posted unchangedprices on all fuels for the week from August 8 to 14, when premium gasolinewill still cost RD$217.50, and regular gasoline will s[...]
Top official wants details on Barrick Gold deal with Dominican mine
Economy August 6, 2015 | 3:12 pm
Santo Domingo.- Energy and Mines minister Antonio Isa Conde onThursday asked Barrick Pueblo Viejo for official and accurate information onthe agreement for precious metals signed with its parent c[...]
CEMEX Dominicana won’t have to pay town RD$893.0M
Economy August 6, 2015 | 8:44 am
Santo Domingo.- TheSupreme Court on Wednesday overturned the San Pedro Civil Court ruling whichhad ordered CEMEX Dominicana to pay Quisqueya township RD$893 million, or 3% ofthe company´s gros[...]
US Embassy Consular Section to close Friday, Monday
Economy August 5, 2015 | 4:05 pm
Santo Domingo.- TheConsular Section of the US Embassy in Santo Domingo will close Friday, August 7and Monday August 10 for routine update of its Consular Information Database(CCD).
In that re[...]
The country´s 2nd major wind farm starts to come together
Economy August 5, 2015 | 3:38 pm
Pedernales, DominicanRepublic.- The power company EGE Haina on Wednesday began receiving parts of theturbines for the Larimar wind farm being built at Enriquillo township,southwestern Barahona prov[...]
Q1 vehicle imports climb 6.5%; import cost falls RD$1.09B
Economy August 5, 2015 | 2:58 pm
Santo Domingo.- Industryand commerce minister Jose del Castillo on Wednesday said vehicle imports haveclimbed 6.5% in the first quarter, compared with 6.2% from January to Marchlast year.
Spe[...]
Drought: Santiago starts rationing water as major dam dries up
Economy August 4, 2015 | 9:53 am
Santiago.- Santiago WaterUtility (Coraasan) director Silvio Duran on Monday said water to the populationwill be zoned because of the low level at the Tavera-Bao dam complex, resultingfrom the nati[...]
Haiti border market normal, but Dominican truckers halt freight
Economy August 3, 2015 | 12:21 pm
Dajabón, DominicanRepublic.- As announced Dominican republic´s biggest truckers union (Fenatrado)halted freight to Haiti at 6am Monday, demanding a stop to the arson andlooting of their r[...]
Customs 1st half revenue jumps 18.4% to US$113.3M
Economy August 3, 2015 | 9:59 am
Santo Domingo.- CustomsAgency revenue from January to July jumped 15.5% to RD$51.0 billion (US$113.3million), or RD$6.8 billion more than the same period a year ago.
Revenue was RD$8.4 billio[...]
Medina hands over 900-hectare agro project to 400 families
Economy August 3, 2015 | 8:41 am
Duverge, Dominican Republic.-President Danilo Medina on Sunday handed over nearly 900 hectares to 400families in El Espartillar, Duvergé (west), keeping a promise made in October,2012.
T[...]
Indotel to eliminate penalties for early contract termination: EFE
Economy August 1, 2015 | 8:59 am
Santo Domingo.– The Dominican Telecom Institute (INDOTEL) announced the completion of a public consultation to amend the rules for the settlement of disputes between users and public telecommunic[...]