Prices for the purchase and sale of electric power increased this year
Economy April 3, 2022 | 12:04 pm
Santo Domingo, DR According to the Performance Report of State Electricity Companies of the Ministry of Energy, the average price of purchase and sale of electric energy increased 29.4% and 11.4%, re[...]Seven weeks without price increases for most fuels
Economy April 3, 2022 | 8:46 am
Santo Domingo, DR For the seventh consecutive week, the Government will keep fuel prices unchanged, as reported yesterday by the Ministry of Industry, Commerce, and Mipymes (MICM). For the week fr[...]Government maintains most fuel prices unchanged; other fuel prices rise
Economy April 2, 2022 | 9:01 am
The Ministry of Industry, Commerce, and Mipymes (MICM) announced today that for the week of April 2 to 8, the price of fuels would again remain unchanged for the cost of the main fuels. The average[...]Progress in clean energy but still far from the goal
Economy April 1, 2022 | 3:31 pm
Santo Domingo, DR The Dominican Republic has been making progress in clean energy production. However, like most developed and emerging countries, it is still a long way from reaching target seven of[...]Users complain about electricity rate increase and a series of blackouts
Economy April 1, 2022 | 3:15 pm
Santo Domingo, DR In the last few days, there has been an increase in blackouts in the country; even 24-hour circuit customers report that they have been experiencing interruptions of electric servic[...]Four viruses affect health this year
Economy April 1, 2022 | 2:25 pm
According to Public Health, Dengue, Covid-19, influenza A (H3N2), and respiratory syncytial viruses are circulating.
Santo Domingo, DR The cir[...]Dominican Republic Central Bank lending rate now 5.50%
Economy April 1, 2022 | 7:52 am
Santo Domingo.- The Central Bank of the Dominican Republic (BCRD) on Thursday said it decided to increase its lending rate 50 basis points, from 5.00% to 5.50% per year. With this decision, which w[...]Dominicans with midrange light bill will pay the most
Economy April 1, 2022 | 7:27 am
Santo Domingo.- Residential and commercial customers who receive on their bill a range of energy consumption between 0 and 200 kilowatt hours (kWh) per month are the ones that have experienced the gre[...]BASC Dominicana elects new president
Economy March 31, 2022 | 8:29 am
Santo Domingo.- The chapter in the country of the Business Alliance for Secure Commerce (BASC Dominicana) held its extraordinary and electoral general assembly in which it elected the board of directo[...]Titles the Dominican Gov. issued in 2015 ‘are useless’
Economy March 31, 2022 | 8:04 am
Santo Domingo.- The director of the Executing Technical Unit for State Land Titling (UTECT), Mérido de Jesús Espinal, stated that a large number of titles issued in 2015 "are useless" and must be an[...]Taxman discards price hikes from imports
Economy March 30, 2022 | 10:52 am
Santo Domingo.- General Director of Internal Taxes, Luis Valdez Veras, assured this Tuesday that, if the bill that seeks to establish a zero rate of tariffs for importing staple products for six month[...]Beverage sales jump 21.1% to US$1.0B
Economy March 30, 2022 | 10:24 am
Beverage production increased by 27.1% compared to 2020, mainly due to the increase in sales of "Ethyl alcohol distillation," which had a 37.9% share, the " Manufacture of beer, malt and malt beverage[...]Cubans who enter in transit will need a Dominican visa
Economy March 30, 2022 | 8:17 am
Santo Domingo.- Cuban citizens who enter the Dominican Republic in transit to other countries will need to have a Dominican visa, the Immigration Directorate announced Tuesday. Cubans having a visa[...]High commissions, security deposits hobble real estate
Economy March 29, 2022 | 10:57 am
Santo Domingo.- The amount of deposits and commissions to be delivered, the price, the duration, the data of a guarantor or guarantor and the characteristics of the property are among the main infor[...]Just 2% of investments in mining projects reach exploitation
Economy March 29, 2022 | 8:21 am
Santo Domingo.- Only 2% of the investments in the millions by mining companies in exploration projects reach the exploitation phase, said Mines Vice Minister Miguel Díaz, referring to the risk-prone [...]Manufacturing fell 1.8 in Feb.; Industries
Economy March 28, 2022 | 10:55 am
Santo Domingo.- The Monthly Index of Manufacturing Activity (IMAM) of the Association of Industries of the Dominican Republic (AIRD) fell 1.8 in February, going from 64.6 in January to 62.8, showing d[...]Abinader announces beltway around central city
Economy March 28, 2022 | 9:22 am
La Vega, Dominican Republic.- President Luis Abinader announced Sunday several road works when holding a meeting with journalists and communicators from the city of La Vega, with whom he shared and li[...]Dominican Republic US$2.24B megaproject interests Koreans
Economy March 28, 2022 | 7:46 am
Santo Domingo.- A sector of the Dominican Republic which South Korea pays special attention to is business. And among its objectives is the international airport that the Luis Abinader government s[...]Business owners complain about restricted hours in Bávaro
Economy March 27, 2022 | 11:11 am
Santo Domingo, DR
