Dominican Republic to attend Caribbean Energy Security Summit
Economy January 17, 2015 | 10:09 am
Washington.– The White House announced that US Vice President Joseph Biden will host the first ever Caribbean Energy Security Summit in Washington, D.C. on Jan. 26, and the Dominican Republic is [...]
Dominican Republic’s yearned energy pact talks finally announced
Economy January 16, 2015 | 2:42 pm
Santo Domingo.- Endingmonths of expectation and speculation, the head of Dominican Republic’s State-ownedelectric utility (CDEEE) on Friday said everything’s ready to start the talksleading to [...]
Fuel prices fall an 8th straight week, natural gas stays put
Economy January 16, 2015 | 11:50 am
Santo Domingo..- Fuel prices have fallen for the eighth straight week, as much as RD$ 3.20 in some cases, while natural gas remains unchanged.
For the week from January 17 to 23, premium gaso[...]
AES Dominicana wins its first top safety award from AES Corp.
Economy January 16, 2015 | 9:01 am
Santo Domingo.- AES Dominicana on Thurs. announced that it has, for the first time obtained the Golden Hard Hat award, AES Corporation’s highest global prize on security.
AES Corp. senior [...]
Dominican Republic: More than beach, bachata & baseball
Economy January 16, 2015 | 7:51 am
Santo Domingo.- Foreign Minister Andrés Navarro yesterday urged Dominicans diplomats accredited abroad to be more aggressive in disseminating information on the country, especially the governm[...]
Utility’s call for tenders to replace energy contracts coming ‘soon’
Economy January 15, 2015 | 12:46 pm
Santo Domingo.- Dominican Republic’s of State-owned electric utility (CDEEE) will call for tenders in the coming weeks, to replace the contracts in the Madrid agreement which expire before year e[...]
Telecom sales boost revenue 10.1% to US$6.95B
Economy January 15, 2015 | 11:25 am
Santo Domingo.- The Internal Taxes Agency (DGII) collected RD$313.0 billion (US$6.96 billion) in 2014, or RD$28.0 billion more than the RD$284.6 billion in 2013, a 10.1% jump
In a statement r[...]
National Business Council taps new board
Economy January 15, 2015 | 9:11 am
Santo Domingo.- The National Business Council (CONEP) on Wednesday inducted its new Board of Directors for the 2015-2017 period, headed by Rafael Blanco Canto, who stressed his commitment to contin[...]
Refinery shutdown for maintenance, US$25.0M refurbish
Economy January 15, 2015 | 8:48 am
Santo Domingo.- Dominican Republic’s only refinery (Refidomsa PDV) on Wednesday announced the start of its scheduled plant shutdown for maintenance and refurbishing, at a cost of US$25.0 million.[...]
Plunge in oil paces 30-year low 1.58% inflation, Central Bank
Economy January 14, 2015 | 4:05 pm
Santo Domingo.- The Central Bank on Wednesday said Dominican Republic’s inflation from December 2013 to December 2014, as measured by the change in the Consumer Price Index (CPI), was 1.58%, the [...]
In whirlwind meeting, labor is challenged to justify 30% wage hike
Economy January 14, 2015 | 11:53 am
Santo Domingo.- In a meeting of less than one-hour, management challenged labor to justify their request for a 30% salary increase.
Jaime González, president of the Dominican employers g[...]
USAID donates US$184.9M for public safety during 5 years
Economy January 14, 2015 | 8:33 am
Santo Domingo.- US ambassador James W. Brewster and Economy minister Temistocles Montas on Tuesday signed an amendment to the agreement to improve public safety, for which the US Agency for Interna[...]
Dominican Republic, Puerto Rico launch new era of relations
Economy January 14, 2015 | 7:53 am
Santo Domingo.- The Dominican Republic and Puerto Rico on Tuesday signed 11 agreements in as many areas which bolster and expand ties between the two nations, in a meeting with Puerto Rico governo[...]
Puerto Rico ‘not a foreign land’ for Dominican leader
Economy January 13, 2015 | 12:02 pm
Santo Domingo.- President Danilo Medina arrived Tuesday in Puerto Rico where he aims to bolster relations between the two Caribbean nations, especially the economy and security.
"We donâ[...]
US to issue farm, temp work visas to Dominicans
Economy January 13, 2015 | 9:53 am
New York.- The US government will issue H-2A and H-2B visas to Dominicans for farm work and temporary jobs in other areas, the US agency for Citizenship and Immigration Service (USCIS) announced Tu[...]
GoldQuest granted concession near its Romero Gold/Copper Project
Economy January 13, 2015 | 9:24 am
Vancouver, BC--(Marketwired) - GoldQuest Mining Corp. is pleased to announce that the Company has been granted the 550 hectare Los Lechones exploration concession adjacent to its Romero Project in [...]
Puerto Rico, Dominican Republic on path to historic ties(Update)
Economy January 12, 2015 | 4:22 pm
San Juan.- Puerto Rico governor Alejandro García and first lady Wilma Pastrana on Tuesday welcomed president Danilo Medina and Dominican first lady Cándida Montillo at San Juan Internatio[...]
Global honey prices spur local beekeeping boom, expert
Economy January 12, 2015 | 4:01 pm
Santo Domingo.- Honey prices in international markets have sparked a boom for good beekeeping in the country, said Martin Canals, of the Dominican Agricultural and Forestry Research Institute (IDI[...]
Medina announces funds to dredge major lagoon, fishing project
Economy January 12, 2015 | 8:57 am
Barahona, Dominican Republic.- President Danilo Medina on Sunday ordered the dredging of Cabral lagoon to halt sedimentation which floods large tracts of farmlands, and funding to start a project t[...]
Japan gives Dominican Republic 129 hybrid cars worth US$5.0M
Economy January 9, 2015 | 4:51 pm
Santo Domingo.- President Danilo Medina headed the ceremony Friday to receive 129 hybrid vehicles donated by the Government of Japan, to be used by some 20 agencies.
Japan Ambassador Takashi [...]