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[...]
Dominican researcher in team poised to cure glaucoma
Economy May 8, 2015 | 8:40 am
Santo Domingo.- A Dominican scientist with other colleagues from the US and France develop an ocular implant to cure glaucoma, which was already approved by the European Economic Community.
T[...]
Bowing to pressure Labor chief tells employers ‘time to hike wages’
Economy May 7, 2015 | 5:06 pm
Santo Domingo.- Bowing to pressure from sectors which complain that her lack of leadership has led to a stalemate in the talks between the unions and employers over a wage increase, Labor minister [...]
Caribbean Export carries 7 Haitian agro-processors to Agroalimentaria Fair
Economy May 7, 2015 | 4:02 pm
Santo Domingo.- From May 7 to 9 Dominican producers and exporters, along with national and multinational companies in the sectors of food, beverages and tobacco will be gathered at the Agroalimenta[...]
Dominican dairy producers fear 30% plunge on drought
Economy May 7, 2015 | 12:13 pm
Santo Domingo.- Dominican Milk Producers Association (Aproleche) president Eric Rivero cautioned Thursday that if the drought continues domestic milk production and dairy products could fall as muc[...]
Govt. says construction advances in the capital’s major works
Economy May 7, 2015 | 11:36 am
Santo Domingo.- The Public Works Ministry advances construction on two of 21 major road works, designed to decongest the city’s main thoroughfares.
The Santo Domingo beltway being built at [...]
Dominican cheeses head to Russia ‘this year’
Economy May 7, 2015 | 8:32 am
Santo Domingo.- National Dairy Industry Council (Conaleche) director Arnaldo Gomez on Wednesday said the regulations and logistics are being created so Dominican companies to start pasteurized chee[...]
US, Dominican officials, business leaders mull ways to boost trade
Economy May 6, 2015 | 6:25 pm
Santo Domingo.- The US Department of Commerce and the Dominican Customs Agency (DGA), under the US initiative "Pathways to Prosperity in the Americas" held a meeting Wednesday between off[...]
US closer to lifting ban on Dominican Republic agro
Economy May 6, 2015 | 5:22 pm
Santo Domingo.- US authorities on Wednesday acknowledged Dominican Republic’s progress to eradicate the Mediterranean fruit fly in Punta Cana (east) and requested additional information to speed [...]
Failed bank customers can withdraw up to RD$500,000
Economy May 6, 2015 | 8:03 am
Santo Domingo.- Banks superintendent Luis Armando Asuncion on Tuesday called on customers of the failed Peravia bank with deposits exceeding RD$500,000 to withdraw their guarantee payment at the St[...]
Solar panels on all Gov’t buildings aim to save US$50M annually
Economy May 5, 2015 | 9:37 am
Santo Domingo.- Dominican Republic’s State-owned electric utility (CDEEE) installs solar panels to power all government buildings across the country, aimed at slashing at least US$50 million annu[...]
State-owned Electric Utility to install solar panels on govt. buildings
Economy May 4, 2015 | 11:19 am
Santo Domingo.– State-owned Electric Utility (CDEEE) announced Monday that a program of solar energy will be implemented in all public buildings in the country, aimed at reducing the governmet's [...]
US envoy tours east region in push to halt the fruit fly
Economy May 1, 2015 | 5:07 pm
Santo Domingo.- US ambassador James Brewster on Friday visited the technical team working in the east region to control the Mediterranean fruit fly (Medfly), which prompted Washington’s ban of Do[...]
Dominican Republic workers march for higher wages
Economy May 1, 2015 | 11:40 am
Santo Domingo.- Hundreds of workers set off on a march Friday to mark Labor Day demanding higher wages and better working conditions in the Dominican Republic.
Workers representing several la[...]
Gasoline, diesel climb, gases unchanged
Economy May 1, 2015 | 11:08 am
Santo Domingo.- The Industry and Commerce Ministry on Friday posted the fuel prices in effect for the week from May 2 to 8, when premium gasoline will cost RD$224.90, or RD$4.70 more, and regular g[...]
Dominican Foreign minister gets Taiwan kudos
Economy May 1, 2015 | 9:55 am
Taipei.- The government of Taiwan on Thursday bestowed the Order of the Brilliant Star on Dominican Foreign minister Andrés Navarro, to recognize his "significant contributions to the dip[...]