Haiti, Dominican officials meet to seek sweeping pacts
Economy March 27, 2015 | 8:25 am
Santo Domingo.- Dominican Foreign Relations minister Andrés Navarro and Haiti counterpart Pierre Duly Brutus will head a meeting of the Joint Bilateral Commission today Friday to look for way[...]
Dominican Republic approves US$227.3M for low-cost housing
Economy March 27, 2015 | 7:52 am
Santo Domingo.- Dominican Republic’s Central Bank on Thursday said it has been authorized to promote the massive construction of low-cost housing, and [...]
Wage hike stalls despite months of talks
Economy March 26, 2015 | 4:28 pm
Santo Domingo.- Both management and labor stiffened their position in the meeting at the Labor Ministry on Thursday, when employers failed to make a counteroffer to the 30% wage increase which the [...]
Sperry shoes sets target at 6.0M pairs in Dominican Republic
Economy March 26, 2015 | 11:43 am
Sperry Top-Sider shoe company executives on Wednesday cited Dominican Republic’s business climate to double footwear production in the country’s Industrial Free Zones.
Sperry Top-Sider pr[...]
State-owned bank boosts assets to US$7.7B on loans
Economy March 26, 2015 | 10:09 am
Santo Domingo.- State-owned bank Banreservas raised its assets to RD$348.5 billion (US$7.7 billion) and net worth to RD$8.3 billion in March by reinvesting dividends from 2013 and 2014, general ma[...]
Dominican Republic tourism mogul calls for a social revolution
Economy March 25, 2015 | 5:43 pm
Santo Domingo.- Dominican Republic’s icon tourism mogul on Wednesday called for a social revolution, after concluded the one of capitalism, to transform our country in a balanced and progressive [...]
Ban relief: Dominican avocados & peppers off to Canada
Economy March 25, 2015 | 4:46 pm
Santo Domingo.- Dominican Agribusiness Board (JAD) president Osmar Benitez on Wednesday said a container of avocados and another with various types of peppers will be shipped Thursday to Canada.
US envoy heads Dominican delegation at Maryland trade summit
Economy March 25, 2015 | 9:46 am
National Harbor, Maryland.- US ambassador James W. Brewster headed a delegation of representatives from Dominican companies which attended the ‘Select USA’ Business Summit from March 23 to 24 a[...]
Bill targets pension fund managers’ ‘abhorrent’ US$346.7M profit
Economy March 24, 2015 | 4:45 pm
Santo Domingo.- The Chamber of Deputies on Tuesday voted to amend Dominican Social Security System Law 87-01, that will reduce the annual fee charged by pension fund managers (AFP).
The vote [...]
Taiwan woos Dominican Republic with its tongue: EFE
Economy March 24, 2015 | 11:15 am
Taipei.- Taiwan, which has provided thousands of scholarships in Latin American to study Chinese and obtain university degree in the island nation, on Tuesday said it sent 14 Chinese teachers to La[...]
Dominican Republic’s north coast needs a natural gas terminal: Official
Economy March 24, 2015 | 7:59 am
Santo Domingo.- Energy and Mines minister Pelegrin Castillo on Thursday reiterated his opposition to construction of a new terminal store and regasify natural gas in the east region, noting that AE[...]
Environment: All hands on deck to swat the fruit fly
Economy March 23, 2015 | 5:31 pm
Santo Domingo.- Environment minister Bautista Rojas on monday said the nation’s sectors need to cooperate with the government to eliminate the Mediterranean fruit fly, which has prompted bans on[...]
Dominican products too reliant on US, Haiti: Business leader
Economy March 23, 2015 | 5:08 pm
Santo Domingo.- The head of the Roundtable of Commonwealth Countries in Dominican Republic urged the country to focus on exploring new international markets for exports, noting that the US and Hai[...]
US fruit & veggie ban means lower prices for consumers
Economy March 23, 2015 | 9:14 am
Santo Domingo.- Many farm goods ready for export after the United States announced the ban when the fruit fly was detected have been placed in local markets, the head of the Dominican Agribusiness [...]
Time for Dominican society to build dams, save water
Economy March 23, 2015 | 9:12 am
Santo Domingo.- Dams and canals agency (INDRHI) director Olgo Fernández on Sunday said it’s time for Dominican society to be made aware of the need of a strategic plan to save water and rem[...]
Medina pledges funding for rabbit farmers, banana growers
Economy March 23, 2015 | 8:22 am
Laguna Salada, Dominican Republic.- President Danilo Medina on Sunday announced credits for producers in projects at Laguna Salada, Valverde (northwest), to expand rabbit and fish farms and build a[...]
Canadian company interested in Dominican products forbidden by US
Economy March 21, 2015 | 9:51 am
Santo Domingo.– Agribusiness Board (JAD) president Osmar Benitez on Friday said that the second largest food company in Canada is interested in acquiring Dominican agro products that the United S[...]
Oil declines worldwide but gasoline stays put in Dominican Republic
Economy March 20, 2015 | 11:14 am
Santo Domingo.- The Industry and Commerce Ministry on Friday left the price of gasoline unchanged, despite continuing declines in the cost of oil worldwide.
For the week from March 21 to 27 p[...]
US, Dominican officials mull ways to swat the fruit fly
Economy March 20, 2015 | 8:35 am
Santo Domingo.- The US’ temporary ban on exports of certain agricultural products and only affects avocados, papaya, peppers and tomatoes.
Agriculture minister Angel Estevez, US embassy Agr[...]
Russia wants Dominican Republic fruits on US ban
Economy March 20, 2015 | 7:51 am
Santo Domingo.- Russia wants to buy all kinds of fruits and vegetables from Dominican Republic, as their quality has spiraled global demand for those products and take advantage of the cargo space [...]
