Dominican Republic ranks among the top countries in the world with the greatest progress in budget transparency
Economy June 2, 2022 | 3:31 pm
Santo Domingo, DR. The Dominican Republic managed to place among the top 10 countries in the world in terms of budget transparency, according to the most recent Open Budget Survey 2021 conducted by t[...]Interest rate hike is a post-pandemic consequence, say experts
Economy June 2, 2022 | 3:22 pm
Economist warns that if the trend continues, the country could see interest rates of 14% and 15% on loans and financing in the coming months.
The vice-dean of the Faculty of Economic and Soc[...]Chicken is also scarce in Santiago
Economy June 2, 2022 | 2:13 pm
Santiago, DR Chicken producers in the Cibao region acknowledged yesterday that there are shortages and speculation about the prices of this product, despite their decision to increase production. [...]Two ships to secure Dominican-Haiti trade
Economy June 2, 2022 | 12:11 pm
Santo Domingo.- Given the levels of insecurity in Haiti, the Dominican industrial sector has enabled two weekly ships as an alternative to maintain trade relations with that nation. The Association[...]Dominican urban sprawl; from 56.7% to 81.7% in 28 years
Economy June 2, 2022 | 11:44 am
Santo Domingo.- In the last 28 years, the country's urbanization process grew from 56.7% to 81.7%, reaching the average for Latin America and the Caribbean and, in the opinion of experts, it will cont[...]Haitians hoard Dominican coins to make bling-bling
Economy June 2, 2022 | 10:23 am
Dajabon, Dominican Republic.- Haitians are hoarding coins of one, five and ten pesos to melt them in shops in their country and then make metal jewelry, which they sell in the streets and establishmen[...]Dominican free zones to export US$8.0B+
Economy June 1, 2022 | 10:18 am
Santo Domingo.- President Luis Abinader called a press conference on Tuesday morning to report on the growth experienced by free zones in the first quarter of 2022. If the trend in the sector conti[...]Dominican Central Bank to increase monetary policy rate again
Economy June 1, 2022 | 8:11 am
Santo Domingo.- The increase in inflation in Latin America, above the levels projected by central banks, has forced the entities that regulate the financial system to move their monetary policy rates [...]Dominican Republic prefers a come-all Summit
Economy June 1, 2022 | 7:38 am
Santo Domingo.- President Luis Abinader favors that the countries that have not been invited by the United States to the Summit of the Americas, because they have regimes considered non-democratic, ca[...]Bread costs affect small bakeries the most
Economy May 31, 2022 | 3:02 pm
The increase in costs in raw materials and supplies, initiated by the pandemic and aggravated by the Russian invasion of Ukraine, is punishing the small bakeries th[...]Dominican leader heads a Cabinet powwow
Economy May 31, 2022 | 12:12 pm
Santo Domingo.- President Luís Abinader met this Tuesday with the ministers and general directors to follow up on the “Government in the Provinces” program, carried out two weeks ago in his absen[...]Dominican companies to build biggest power plant for US$1.7B
Economy May 31, 2022 | 10:30 am
Santo Domingo.- The Dominican Government announced the winners of the tender for a natural gas power plant to be built in Manzanillo, province of Montecristi (northwest), which will cost some US$1.7 b[...]The Economist and its comments on the Dominican Republic
Economy May 30, 2022 | 4:00 pm
Santo Domingo, DROn May 25, a report by the Economic Intelligence Unit of The Economist magazine stated [...]Manufacturing activity falls in April
Economy May 30, 2022 | 11:38 am
Santo Domingo.- The Monthly Index of Manufacturing Activity (IMAM) of the Association of Industries of the Dominican Republic (AIRD) fell in April in relation to March, from 63.7 to 56.9, showing decr[...]Dominican milling industry creates 20K+ jobs
Economy May 30, 2022 | 8:52 am
Santo Domingo.- The milling industry in the Dominican Republic generates more than 20,000 direct and indirect jobs in the country, according to the Dominican Association of Wheat Millers (Adoimt). [...]Colombia-Dominican free trade pact in the works
Economy May 30, 2022 | 8:06 am
Santo Domingo.- The Dominican Government is beginning a process of consultations with the business sector for the preparation of a free trade agreement with Colombia. Diario Libre confirmed that th[...]Congresswoman highlights women’s drive in Boca Chica commerce
Economy May 29, 2022 | 11:09 am
In the month of the mothers, Deputy Dulce Quiñónez hi[...]
Fuels remain unchanged during the week of May 28-June 3
Economy May 29, 2022 | 9:01 am
Santo Domingo, DR. For the week from 28 May to 3 June, the Ministry of Industry, Commerce, and MiPymes ordered, for three consecutive weeks, to maintain the same prices for all fuels sold in the coun[...]Relief for the pocket! Government freezes fuel prices
Economy May 27, 2022 | 3:00 pm
For the week from May 28 to June 3, 2022, the Ministry of Industry, Commerce, and MiPymes provides that fuels will be marketed at the following prices: Premium Gasoline will be sold at RD$293.60 pe[...]Gov. to tender new highway, cruise port in the North
Economy May 27, 2022 | 11:53 am
Santo Domingo.- The Government will call next June for tenders for the construction of the Ámbar highway and the Arroyo Barril cruise port, both works for the Cibao region. The information was off[...]
