Peso falls 0.02% against US dollar: Central Bank
Economy April 21, 2015 | 1:44 pm
Santo Domingo.- The Dominican peso fell 0.02% against the US dollar in the listings of the country’s foreign exchange market, Dominican Republic’s Central Bank reports Tuesday.
It said th[...]
UN, Dominican Gov. agencies help cacao farmers with hybrid nursery
Economy April 21, 2015 | 11:51 am
Hato Mayor, Dominican Republic.- The UN Food and Agriculture Organization (FAO) and the Dominican Agrarian Institute (IAD) on Monday donated a hybrid cacao nursery to the La Piñita Cacao Growe[...]
Haiti turmoil keeps Dominican truckers out
Economy April 21, 2015 | 9:41 am
Dajabon, Dominican Republic.- Truckers who haul freight to several towns in Haiti from the border province continue their lockout while dozens of Dominican and Haitian vendors traded normally in t[...]
To make cash from trash requires US$200M+, legal securty
Economy April 21, 2015 | 8:14 am
Santo Domingo.- As much as 90% of the waste taken to the landfill at Duquesa will be converted to electricity with an investment of more than US$200 million, if the management company has its way.<[...]
Dominican Republic free zones boom spurs talk of better wages
Economy April 21, 2015 | 7:52 am
Santo Domingo.- The free zones boom has been possible with investment, has created jobs and has even spurred talk of raising the sector’s minimum wage.
The National Free Zones Council (CNZF[...]
Viva Resorts installs solar power plant in Las Terrenas
Economy April 20, 2015 | 12:54 pm
Las Terrenas, Dominican Republic.- The hospitality group Viva Wyndham Resorts installed a 210 kw /hour solar power plant at Cosón beach in Las Terrenas, Samana (east) to supply energy to itspr[...]
US could ease agro ban; boost Dominican infrastructure projects: Brewster
Economy April 17, 2015 | 4:42 pm
Santo Domingo.- US ambassador James Brewster on Friday revealed that Washington evaluates a partial lifting of the ban on Dominican fruit and vegetables affected by the med-fly and how his governme[...]
Dominican agro exports grow US$1.2B+ in Medina’s term
Economy April 17, 2015 | 1:07 pm
Santo Domingo.- Dominican Republic’s agro exports have grown by more than US$1.2 billion during president Danilo Medina’s administration, as the result of policies and compliance of commitment[...]
High commodity prices and pro-growth reforms played equal role in LatAm economic boom
Economy April 17, 2015 | 12:19 pm
Washington. –Favorable external conditions including high commodity prices and a stable macroeconomic environment, as well as pro-growth reforms boosted GDP per capita in Latin America and the Ca[...]
Most fuels post increases, natural gas unchanged
Economy April 17, 2015 | 11:18 am
Santo Domingo.- The of Industry and Commerce Ministry posted fuel prices for the week from April 18 to 24, when premium gasoline will cost RD$218.70, or RD$3.00 more and regular will cost RD$194.60[...]
Civil Aviation certifies Pawa as Dominican flagship carrier
Economy April 17, 2015 | 9:22 am
Santo Domingo.- Dominican Civil Aviation Institute (IDAC) director Alejandro Herrera on Thursday announced that the carrier Pawa Dominicana has been certified to operate as Dominican Republic’s f[...]
Foreign, local experts fight the Med-fly in the east region
Economy April 17, 2015 | 8:36 am
Higuey, Dominican Republic.- US Embassy agricultural attaché Morgan Perkins and a team of experts from the Animal and Plant Health Inspection Service (APHIS) on Wednesday toured the country’[...]
Big business seeks projects to develop border region
Economy April 17, 2015 | 8:13 am
Santo Domingo.- The National Business Council (Conep) has established the "Quisqueya Dialogue" to identify projects which could develop the border area, its president of Rafael Blanco an[...]
Dominican Republic to get regional funds to protect biodiversity
Economy April 16, 2015 | 4:27 pm
Santo Domingo.- The Dominican Republic prepares to benefit from the Caribbean Biodiversity Fund’s financial services, to develop discussions, protection, research, education, restoration and use [...]
Q1 revenue climbs 7.6% to US$1.78B: Tax Agency
Economy April 16, 2015 | 12:21 pm
Santo Domingo.- The internaltaxes agency (DGII) on Thursday reported first quarter revenue of RD$80.1billion (US$1.78 billion), or RD$5.7 billion more than the same period a yearago, for a 7.6% gro[...]
Dominican Senate approves US$656M loan for ‘clean’ coal plants
Economy April 16, 2015 | 9:01 am
Santo Domingo. The Senate on Wednesday approved a loan of more than US$656.0 million to build two ‘clean’ coal-fired power plants Punta Catalina, Peravia province (south).
The loan from B[...]
Dominican Republic must ensure food in a hungry world, Medina warns
Economy April 15, 2015 | 4:29 pm
Sierra Prieta, Dominican Republic.- President Danilo Medina on Wednesday warned that in view of the impending shortage of farm products facing the world, Dominican Republic is ready to ensure food [...]
Agriculture to buy peppers to offset US ban: Acento
Economy April 15, 2015 | 1:08 pm
Santo Domingo.- The Agriculture Ministry on Wednesday announced an agreement to offset losses from the US ban on Dominican fruit and vegetable producers in Jarabacoa and Villa Trina, and to place m[...]
Labor chief announces program to ‘Dominicanize’ constructions
Economy April 15, 2015 | 10:35 am
Santo Domingo.- Labor minister Maritza Hernandez on Tuesday announced a program to Dominicanize labor in construction, looking to attract more Dominican workers to the sector, and enforce the law t[...]
Telecom Altice to invest US$133.2M in Dominican Republic
Economy April 15, 2015 | 9:27 am
Santo Domingo.- Grupo Altice, which owns the telecoms Orange and Tricom, aims to grow in the Dominican Republic by bringing new technologies to help narrow the digital gap and plans to invest RD$6.[...]