Dominican Republic can be the Caribbean’s natural gas hub
Economy January 27, 2015 | 1:41 pm
Washington.- Energy and Mines minister Pelegrin Castillo met Monday with US Energy Secretary Ernest Moniz, during the Caribbean Energy Security Summit held in the US capital.
The meeting hel[...]
Experts look to create the country’s land management system
Economy January 27, 2015 | 12:38 pm
Santo Domingo.- Foreign and local experts meet in the country Thursday and Friday for the seminar-workshop "Creation of the Dominican Republic’s National Land Management System," aimed [...]
Dominican farmlands fall victim to sprawl
Economy January 27, 2015 | 8:04 am
Santo Domingo.- The razing of major tracts of Dominican Republic’s farmlands for housing or shopping centers begs the question of whether it might jeopardize food security at some point.
T[...]
Santo Domingo’s Metro contributes RD$1.4 billion a year
Economy January 26, 2015 | 8:58 am
Santo Domingo.– Transport Reform Office (Opret) deputy director Leonel Carrasco on Sunday said the passenger demand in Santo Domingo's Metro has grown by over 800% and annual contributions from t[...]
President allocates RD$70 million to mitigate drought effects in Bani
Economy January 24, 2015 | 11:48 am
Santo Domingo.– President Danilo Medina on Friday announced the allocation of RD$70 million to mitigate the drought affecting producers in Peravia province, who during the last six months have be[...]
15-hour blackouts as power grid’s ‘soul’ shuts down(Correct)
Economy January 23, 2015 | 12:41 pm
Santo Domingo.- Friday’s announcement that the AES Dominicana 300-megawatt power plant at Andres, Boca Chica will be shut down for maintenance until Feb. 17 has raised concern of blackouts acros[...]
Fuel prices fall a 9th straight week, natural gas unchanged
Economy January 23, 2015 | 11:08 am
Santo Domingo.- The Industry and Commerce Ministry on Friday announced lower fuel prices for the 9th straight week, while natural gas remains unchanged.
For the week from January 24 to 30 pre[...]
Russian rubles eye agro, fish production, exports
Economy January 23, 2015 | 9:06 am
Santo Domingo- Two Russian companies are ready to invest a huge sum in the country, to export fresh fruits, a high-tech factory to process jams for the global market; and another operation to raise[...]
Outage of biggest power plant to affect energy to east region
Economy January 23, 2015 | 8:03 am
Santo Domingo.- The East region electricity distributor company (EdeEste) on Thursday said the electricity service will be affected when the power company AES Dominicana’s plant at Andres, Boca C[...]
Santo Domingo needs another dam: Water Utility
Economy January 22, 2015 | 11:46 am
Santo Domingo.- Santo Domingo Water Utility (CAASD) director Alejandro Montas on Wednesday said Greater Santo Domingo requires a new dam since there’s no place to store enough water to supply it [...]
Industry satisfied with the media’s work; Announce awards
Economy January 22, 2015 | 10:51 am
Santo Domingo.- Dominican Republic’s Industries Association (AIRD) on Wednesday said it’s satisfied with the work by the media as open channels to express the most diverse positions, progress a[...]
Bishops want fairer distribution of Dominican Republic’s wealth
Economy January 22, 2015 | 7:59 am
Higuey, Dominican Republic.- Higuey Archdiocese bishop Nicanor Peña on Wednesday asked the Virgin de la Altagracia and president Danilo Medina for a fairer distribution of wealth and less soci[...]
Earth Alive ships first container order to the Dominican Republic
Economy January 21, 2015 | 9:39 am
Montreal, Canada.– (Marketwired - Jan. 21, 2015) Earth Alive Clean Technologies ("Earth Alive") has shipped what should be the first of many container load orders of its agricultural an[...]
Dominican capital announces first ever bike lanes
Economy January 20, 2015 | 3:55 pm
Santo Domingo.- The Santo Domingo City Council (ADN) on Tuesday announced Dominican Republic’s first ever bike lanes, expected to ease the traffic chaos in the capital of more than three million[...]
Dominican Republic announces 2-part US dollar bond(Update)
Economy January 20, 2015 | 11:28 am
New York.- Bloomberg reports Wed. afternoon that the Dominican Republic plans an issue of at least US$1 billion of bonds, to pay off more expensive notes.
File. (IFR). – Quoting market sour[...]
Govt. ready for massive poultry exports to Puerto Rico
Economy January 20, 2015 | 9:29 am
Santo Domingo.- The Government aims to spur poultry and egg exports to Puerto Rico to supply of meals to students from that island, Agro Bank administrator Carlos Segura affirmed Monday.
The [...]
Business leaders upbeat on bolstered production, laud Medina
Economy January 20, 2015 | 8:09 am
Santo Domingo.- Business and industry leaders are upbeat on bolstering the country’s productive structure, spurred by an economic growth that is expected to continue through 2015.
They say[...]
‘Beginning of the end’ of Dominican Republic’s energy woes
Economy January 20, 2015 | 7:31 am
Santo Domingo.- The Government-sponsored consultation and consensus process leading to the Electricity Pact was concluded in the National Library Monday with members of the Social Economic Council[...]
Dominican Republic can make better wine ‘mañana’
Economy January 19, 2015 | 4:28 pm
Neiba, Dominican Republic.- The possibilities of expanding crops, producing better wines and the Dominicans’ procrastination as a stumbling block were in a meeting with executives of the Nationa[...]
Medina cuts ribbons on major works in highland city
Economy January 19, 2015 | 10:05 am
San José de las Matas, Dominican Republic.- President Danilo Medina on Sunday cut the ribbons on four works, which had been requested by the inhabitants of the Central Mountain city of San Jos[...]