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[...]
Fuel prices fall as much as RD$8.20; gases stay put
Economy July 31, 2015 | 11:58 am
Santo Domingo.- The Industry and Commerce Ministry postedlower prices on all fuels except propane and natural gases for the week from August1 to 7, when premium gasoline will cost RD$217.50, or RD[...]
Dominican exports jump 67%to US$9.9B in 2004
Economy July 31, 2015 | 7:44 am
Santo Domingo.- Dominican exports including free zones jumped67%, from US$5.9 billion in 2004 to US$9.9 billion in 2014, a growth of 67%.
Dominican Republic Exportand Investment Center (CEI-[...]
Switch: Even Americans want to be Dominican
Economy July 30, 2015 | 6:09 pm
Santo Domingo.- Time wasthat just a handful of Spaniards, Italians, Puerto Ricans and Chinese wouldswear by the tricolor flag emblazoned with a white cross of the Dominican Republic.
But on [...]
More than half of private schools raise tuition, Education powerless
Economy July 30, 2015 | 9:45 am
Santo Domingo.- The EducationMinistry on Wednesday said more than half of private schools across the countryhave raised tuition for the next school year, 95% of them approved by the associationsof [...]
Medina wants wider strategy to boost exports
Economy July 30, 2015 | 8:58 am
Santo Domingo.-President Danilo Medina on Wednesday headed the first meeting of the Presidency’sCommittee Promote to Exports (MPFE), and said he wants an effort to develop astrategy to bolster th[...]
Official says consumer rights ´brutally violated´
Economy July 30, 2015 | 8:23 am
Santo Domingo.- Consumerprotection agency (Proconsumidor) director Altagracia Paulino on Wednesday proposedan alliance to bolster the institutions to increase consumer confidence and strengthenthe [...]
ECLAC: Dominican econmy to grow 4.8%, 2nd in region: EFE
Economy July 29, 2015 | 1:54 pm
Santiago, Chile.- Latin America´s and the Caribbean´s economy will grow only 0.5% in 2015, the Economic Commission for Latin America and the Caribbean (ECLAC) said Wednesday in Santiago, [...]
How much water does the capital have? Officials disagree
Economy July 29, 2015 | 10:51 am
Santo Domingo.- Santo Domingo Water Utility (CAASD) director Alejandro Montas on Wednesday denied that the Capital has water for only 35 days, as the head of the National Water Institute (INAPA) af[...]
Canada Embassy offers Dominican Republic mining guide
Economy July 29, 2015 | 10:20 am
Santo Domingo.- The Embassy of Canada recently released informative Handbook on Mining in the Dominican Republic in which explains how communities and residents where mining companies operate can b[...]
Dominican securities exchange needs a 5-year government ´push´
Economy July 29, 2015 | 9:48 am
Santo Domingo.- To develop Dominican Republic´s capital market the country’s securities exchange (BVRD) needs more government and private sector support since it will benefit from the best p[...]
Electricity subsidy in first six months: US$35.5M
Economy July 29, 2015 | 8:17 am
Santo Domingo.- In the past 12 years the Dominican government has allocated RD$11.0 billion to the Fund to Stabilize the Electricity Tariff (rate subsidy), of which RD$1.6 billion (US$35.5 million)[...]