Commonwealth diplomat to speak at UNIBE University
Economy February 18, 2015 | 12:59 pm
Santo Domingo.- Sir Ronald Sanders, diplomat for several Commonwealth countries will speak at the Iberoamerican University UNIBE next Tuesday.
Sanders, knighted by queen Elizabeth of England,[...]
Talks leading to Electricity Pact start Wed in the NE
Economy February 18, 2015 | 11:17 am
Santo Domingo.- The consultations to discuss recommendations and proposals leading the Electricity Pact begin in San Francisco (northeast) Wednesday, which the Government’s representative noted t[...]
State should buy Venezuela’s 49% stake in refinery, people say
Economy February 18, 2015 | 9:23 am
Santo Domingo.- Some prominent industrialists, economists and oil experts on Tuesday said the country should buy Venezuela’s 49% stake in Dominican Republic’s only refinery (Refidomsa) if Carac[...]
Mogul upbeat despite dismal India-Dominican Republic trade deficit
Economy February 17, 2015 | 4:20 pm
Santo Domingo.- Dominican Republic’s trade deficit with India was US$121.8 million in 2013, when it exported US$10.2 million and imported US$132.1 million.
Dominican Republic Industries As[...]
Dominican Republic visit reveals India’s push toward Lat-Am
Economy February 17, 2015 | 8:39 am
Santo Domingo.- Foreign minister Andrés Navarro and India counterpart Vijay Kumar Singh on Monday discussed economic, social, technological and cooperation development issues.
The meetin[...]
Dominican Gov. needs US$860M for coal-fired power plants in 2015
Economy February 16, 2015 | 5:20 pm
Santo Domingo.- To keep construction of the coal-fired power plants project at Punta Catalina, Bani (south) within schedule, the Dominican government needs to spend US$860 million (RD$38.8 billion)[...]
Securities mum on bill could hobble thriving Bourse, traders warn
Economy February 16, 2015 | 4:51 pm
Santo Domingo.- Dominican Republic Bourse Traders Association (APB) director Clara Gonzalez warned Monday that Securities superintendent Gabriel Castro refuses to organize a debate between the publ[...]
2nd Subway line to Santo Domingo East advances
Economy February 16, 2015 | 11:14 am
Santo Domingo.- Around three of the four kilometers of the tunnel to link the Santo Domingo Subway’s 2nd line with Santo Domingo East have been excavated thus far, Transport Reform Office (Opret)[...]
Boston success story a guide for Dominican rivers
Economy February 16, 2015 | 9:18 am
Santo Domingo.- The Santo Domingo Water Fund hosted the seminar "Conservation of rivers," with Charles River Watershed Association (CRWA) program director Kate Bowditch, who spearheaded [...]
Utility starts process on future calls for electricity tenders
Economy February 16, 2015 | 8:34 am
Santo Domingo.- Dominican Republic’s State-owned Electric Utility (CDEEE) on Saturday opened the first round of statements-of-interest to participate in future calls for tenders to buy energy for[...]
Top diplomat’s visit aims to spurt India-Dominican Republic ties
Economy February 16, 2015 | 8:23 am
Santo Domingo.- Culminating months of announcements on stronger ties between New Delhi and Santo Domingo, India Foreign Affairs minister Vijay Kumar Singh arrived at Las Americas Airport on Sunday,[...]
Govt. inaugurates 230Km of roads at a cost of RD$600.0M
Economy February 16, 2015 | 8:05 am
Villa Gonzalez.- Public Works minister Gonzalo Castillo on Sunday headed ribbon cutting for some 230 kilometers of the roads Santiago-Navarrete, Santiago-Licey , and from the town of Sabana Iglesia[...]
Dominican Govt., Parlacen sign agreement to promote integration
Economy February 14, 2015 | 9:06 am
Santo Domingo.– The Dominican Presidency and the Central American Parliament (PARLACEN) signed an agreement aimed at institutionalizing broad and diverse projects and initiatives on regional inte[...]
Santo Domingo Este, Dominican Power Partners announce RD$44M in works
Economy February 13, 2015 | 5:34 pm
Santo Domingo Este.- Santo Domingo Este mayor Juan De los Santos on Wednesday headed a drawing for six works among 693 contractors of the city to be built in Los Mina, at a cost of RD$44 million.[...]
Most fuel prices jump a second straight week
Economy February 13, 2015 | 11:11 am
Santo Domingo.- The Industry and Commerce Ministry on Friday posted higher prices on most fuels for the week from February 14 to 20, when premium gasoline will cost RD$200.70, or RD$4.00 more and r[...]
Petrocaribe preferential oil deal stays as is: Venezuela envoy
Economy February 13, 2015 | 10:37 am
Barahona, Dominican Republic.- Venezuela ambassador Alberto Castellar affirmed Thursday that his country’s Energy Solidarity Cooperation Agreement (Petrocaribe) with the Dominican Republic and ot[...]
Banana, cacao exports to Europe keep growing
Economy February 13, 2015 | 9:48 am
Santo Domingo.- Dominican Republic Export and Investment Center (CEI-RD) director Jean Alain Rodriguez on Thursday said exports to Europe grew from US$589.9 million in 2010 to US$702.1 million in 2[...]
Dominican Stock Market to grow 15% to US$11.1B
Economy February 13, 2015 | 8:05 am
Santo Domingo.- Dominican Republic’s Stock Market will grow 15% to RD$500.0 billion (US$11.1 billion) in trades this year, Securities Superintendent Gabriel Castro affirmed Thursday.
He sai[...]
Lower fuel prices pace negative inflation in January
Economy February 12, 2015 | 4:39 pm
Santo Domingo.- The Central Bank on Thursday said January prices were -0.19% lower than December, the fourth consecutive month with negative inflation in the general price index.
It said infl[...]
Barrick exports US$1.5B in gold, but parched farms abound
Economy February 12, 2015 | 9:34 am
Cotui, Dominican Republic.- Barrick Pueblo Viejo on Wednesday said it exported US$1.5 billion in dore ingots -a gold-silver alloy- in 2014, while the Dominican government’s cut was US$414.0 milli[...]