World Bank helps Dominican Republic’s cities boost transparency
Economy May 14, 2015 | 11:24 am
Santo Domingo.- Dominican Republic’s Finance Ministry and the World Bank on Thursday announced the launch of a financial management and municipal information system as part of the Caribbean count[...]
Consulate in NYC to help diaspora, foreigners buy a home
Economy May 14, 2015 | 10:42 am
New York.- Dominican consul in New York Eduardo Selman on Wednesday announced the creation of a special desk at the consulate to inform and promote the Dominican Republic as a home-purchase destina[...]
Talks for wage-raise pact fail a sixth time
Economy May 13, 2015 | 4:32 pm
Santo Domingo.- For the sixth time management and labor again failed to reach an agreement to raise wages in the meeting of around three hours Wednesday at the Labor Ministry’s Salary Committee.<[...]
LatAm’s richest head to Dominican Republic’s top resort
Economy May 13, 2015 | 12:25 pm
Santo Domingo.- The richest men in Latin America meet in Dominican Republic’s top resort Casa de Campo starting Wednesday, on invitation made each year by the world's richest man, Mexican Carlos [...]
State-owned bank announces low rate loans for fiancés
Economy May 13, 2015 | 11:25 am
Santo Domingo.- The State-owned Reservas bank (Banreservas) on Wednesday announced a loan fair for fiancés as part of the 13th annual Dominican Bridal Week, and will also features personal, fa[...]
Official says Dominican free trade zones to follow Dubai lead: EFE
Economy May 13, 2015 | 10:16 am
Dubai.- Dominican Industry and Commerce minister José del Castillo on Tuesday said Dubai is a benchmark to develop his country’s free trade zones and aims to become the hub to distribute pr[...]
The country can attract more Canadian tourists, dollars
Economy May 13, 2015 | 8:57 am
Santo Domingo.- Dominican Republic has the conditions to attract more visitors and currency from Canada, its second most important market in tourists and exports, affirmed Canadian Embassy commerci[...]
Entities honor three Dominican professionals in the US
Economy May 13, 2015 | 8:24 am
Washington DC.- Three Dominicans who’ve achieved professional success in the United States, Maria Mejia, Marcos Espinal and Sarah Aponte, were recognized Tuesday by the Dominican Week in this cou[...]
World Bank hosts talks on Dominican Republic-Haiti border projects
Economy May 13, 2015 | 7:33 am
Washington.- The Quisqueya Binational Economic Council (CEBQ), which represents employers in the Dominican Republic and Haiti and aims to develop projects in various parts of the border between the[...]
IDB says Dominican Republic ‘deserves’ fresh funding
Economy May 12, 2015 | 9:58 am
Washington.- Interamerican Development Bank (BID) president Luis Alberto Moreno on Monday said the entity is increasingly working with the country in areas of support “which it deserves” for it[...]
International Food Fair nets local producers US$357.0M
Economy May 12, 2015 | 8:12 am
Santo Domingo.- Dominican Republic Export and Investment Center (CEI-RD) director Jean Alain Rodriguez and Agribusiness Board (JAD) chairman Osmar Benitez on Monday called the fifth annual Internat[...]
Industries want wide debate for National Zoning Law
Economy May 12, 2015 | 7:53 am
Santo Domingo.- Dominican Republic Industries Association (AIRD) vice president Circe Almánzar on Monday defended its proposed National Zoning Law, where she affirms various actors can partici[...]
Raise wages…avert social unrest, senior bishop warns
Economy May 11, 2015 | 4:58 pm
Santiago, Dominican Republic.- The former head of the Catholic University (PUCMM) on Monday called on Dominican Republic’s business leaders to avert social unrest by attending to the demands of a[...]
US, local business leaders: Dominican Republic can be a logistics hub
Economy May 11, 2015 | 4:12 pm
Washington DC.- The Chamber of Commerce of the United States (US Chamber) and the American Chamber of Commerce of the Dominican Republic (AMCHAMDR) on Monday proposed the country as a regional log[...]
April prices fall -0.25%, paced by foods
Economy May 11, 2015 | 3:52 pm
Santo Domingo.- Dominican Republic Central Bank said prices in April fell -0.25% compared with March last year, paced by foods and non-alcoholic beverages.
It said first quarter inflation sto[...]
Govt. funding aims to recoup fallow sugar cane lands
Economy May 11, 2015 | 9:11 am
San Pedro, Dominican Republic.- President Danilo Medina on Sunday announced funding to plant sugar cane on more than 2,000 hectares of which 1,000 will be rehabilitated and assigned to area produce[...]
The Dominican Republic pushes ahead with the modernization of its management of public funds with IDB support
Economy May 8, 2015 | 5:04 pm
Washington.- The Dominican Republic will foster improvements in its management of public funds by strengthening the process of implementing its public policies with a loan of US$25 million approved[...]
Hope of wage hike pact fades in Dominican Republic
Economy May 8, 2015 | 4:44 pm
Santo Domingo.- Management representatives warned Friday that prior to deciding on a wage increase, Law 488-08 that reclassifies Dominican Republic’s SMEs must first be complied with, which in th[...]
Most fuels prices climb a 5th straight week
Economy May 8, 2015 | 11:15 am
Santo Domingo.- For the 5th straight week the Industry and Commerce Ministry posted higher prices on most fuels in effect for the week from May 9 to 15, when premium gasoline will cost RD$225.90, o[...]
Nearly 200,000 foreigners legalize status, approach deadline target
Economy May 8, 2015 | 10:30 am
Santo Domingo.- Long lines and worried faces meld in the offices where the Interior and Police Ministry conducts the National Plan to Regularize Foreigners, with 198,614 registering to legalize the[...]