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[...]
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.[...]
