Dominican-Mexico Chamber eyes trade pact with 95% duty-free products
Economy April 29, 2015 | 8:49 am
Santo Domingo.- Dominican-Mexican Chamber of Commerce president Carlos Gonzalez on Tuesday proposed a Mexico-Dominican Republic economic complementary agreement, with as high as 95% of the products[...]
Private sector must control power plants: Big business
Economy April 29, 2015 | 8:25 am
Santo Doming.- The National Business Council (Conep) on Tuesday said ownership and operational control of the coal-fired plants at Punta Catalina must pass to the private sector within one year aft[...]
Medina, St. Maarten Governor meet in the Palace
Economy April 28, 2015 | 4:35 pm
Santo Domingo.- President Danilo Medina met with St. Marteen governor Eugene Holiday in the National Palace Tuesday to discuss various topics of common interest to the two nations.
In a state[...]
Eleven new companies set up shop in Dominican free zones
Economy April 28, 2015 | 12:25 pm
Santo Domingo.- Industry and Commerce minister José Del Castillo and National Free Zone Council (CNZFE) director Luisa Fernández on Tuesday announced that 11 new companies were issued per[...]
Dominican minors born abroad to get IDs without traveling here
Economy April 28, 2015 | 10:00 am
Santo Domingo.- Central Electoral Board (JCE) president Roberto Rosario on Monday said the entity will issue documents to Dominican children born abroad, who won’t need to travel here.
He s[...]
Cement makers reveal glut of 48%; become hub for Caribbean
Economy April 28, 2015 | 9:05 am
Santo Domingo.- Dominican Republic cement-makers (Adocem) on Monday revealed a glut in the market with a 48% excess and low prices.
Adocem president Carlos Emilio González provided the f[...]
Avoid jams: Major intersection closes for underpass construction
Economy April 27, 2015 | 4:24 pm
Santo Domingo.- The of Public Works Ministry on Tuesday announced the total close of the busy intersection of 27 de Febrero with La Privada avenues, where it excavates a tunnel for an underpass.[...]
AES Dominicana one of 10 Great Places to Work: Think tank
Economy April 27, 2015 | 9:30 am
Santo Domingo.-The energy group AES Dominicana is among the 10 best companies to work for in the Dominican Republic and the Caribbean according to the results of the annual ranking of the prestigio[...]
Medina tours western region; funds rice, avocado farms
Economy April 27, 2015 | 8:35 am
Santo Domingo.- President Danilo Medina on Sunday visited western San Juan de la Maguana province where he ordered the reconstruction of the rice silos at Las Damas, which will benefit more than 40[...]
Dominican Republic ‘must double’ its 34 dams
Economy April 27, 2015 | 8:10 am
Santo Domingo.- Dominican Republic’s 34 dams scattered across the country store water, generate power and control flooding, for which an expert proposes the construction of twice that number.
[...]Haiti, Dominican Republic receive Best Practice Workshop in implementing Investor Tracking System
Economy April 24, 2015 | 5:24 pm
Port-au-Prince, Haïti.- The Caribbean Export Development Agency (Caribbean Export) and the Inter-American Development Bank (IDB), in collaboration with the Centre for Facilitation of Investme[...]
Miner ends gold-silver extraction at Central Mountains: Hoy
Economy April 24, 2015 | 12:36 pm
Bonao, Dominican Republic.- The miner Corporación Minera Dominicana (CORMIDOM) on Friday announced it shuttered its plant which recovers gold and silver with cyanide at El Copey, Maimon townsh[...]
Gasoline, diesel climb, gases unchanged
Economy April 24, 2015 | 11:35 am
Santo Domingo.- The Industry and Commerce Ministry posted fuel prices for the week from April 25 to May 1, when premium gasoline will cost RD$220.20, a RD$1.50 increase; regular gasoline will cost [...]
Agriculture says the country is free of bird flu
Economy April 24, 2015 | 8:15 am
Santo Domingo.- Agriculture minister Angel Estevez on Thursday announced that the Dominican Republic is free from 'AI' bird flu and reported it to the World Animal Health Organization to publish t[...]
On strike threat, business leaders ask labor to resume wage talks
Economy April 23, 2015 | 4:36 pm
Santo Domingo.- National Young Business Leaders Association (Anje) president Biviana Riveiro on Thursday said she’s confident they’ll find a way for management and labor to resume the talks f[...]
Bill refunds sales tax to tourists who buy local products
Economy April 23, 2015 | 10:26 am
Santo Domino.- National District deputy David Collado on Thursday submitted to Congress a bill aimed at refunding the sales (ITBIS) tax to tourists who buy and consume Dominican-made products.
<[...]Peeved labor walks out of Dominican Republic wage hike talks
Economy April 22, 2015 | 12:30 pm
Santo Domingo.- Visibly annoyed union leaders on Wednesday walked out of the National Salaries Committee meeting, when management representatives conditioned a wage increase on a reclassification o[...]
In delayed meeting, labor says won’t swap benefits for raise
Economy April 22, 2015 | 11:41 am
Santo Domingo.- The meeting of the National Wages Committee began Wednesday morning with an hour-and-a-half delay, in which workers demand a 30 percent increase on the minimum salary, while managem[...]
Construction spurs Dominican Republic 6.5% economic jump
Economy April 22, 2015 | 7:36 am
Santo Domingo.- Dominican Republic’s economic activity jumped 6.5% from January to February spurred by construction, retail, transport and storage, education, local manufacturing and tourism.
[...]For wage hike Dominican Republic unions would pray, fight in the street
Economy April 21, 2015 | 4:18 pm
Santo Domingo.- Dominican Republic’s labor unions grouped in CNTD on Tuesday announced they will host simultaneous masses and prayers in 18 provinces on Tuesday to demand a 30% wage increase by e[...]