• State bank’s tools seek more profitable SMEs

    Economy October 23, 2018 | 8:25 am

    Santo Domingo.- The State-owned Reservas bank on Mon. announced tools and innovative alternatives for small and medium-sized enterprises (SMEs), to continue supporting the sustainable development of t[...]
  • Dominican Republic, UK ministers talk business

    Economy October 23, 2018 | 7:47 am

    London.-  Dominican Foreign minister, Miguel Vargas, and United Kingdom counterpart, Jeremy Hunt on Mon. discussed economic issues, security and general strengthening of bilateral ties. The Britis[...]
  • 121 parasitic NGOs zapped from US$38.0M Govt. teat

    Economy October 22, 2018 | 3:57 pm

    Santo Domingo.- Some 121 non-governmental or non-profit organizations were eliminated from the 2019 budget, National Non-Profit Associations Promotion Center director Luz Celeste Silié revealed Mon. [...]
  • Dominican peso ‘stable’ as dollar hovers at historic high

    Economy October 22, 2018 | 3:18 pm

    Santo Domingo.- The US dollar remains stable against the Dominican peso in the prices of Dominican Republic's currency market, according to recent reports by the Central Bank. On Monday however the[...]
  • Dominican Week in the UK kicks off in London

    Economy October 22, 2018 | 9:40 am

    London.-  The British Chamber of Commerce of the Dominican Republic (BRITCHAM) and the Dominican Embassy in London on Sun. kicked off the 7th annual Dominican Week in the United Kingdom, with a deleg[...]
  • Meeting mulls Dominican-Sri Lanka trade

    Economy October 22, 2018 | 9:02 am

    Santo Domingo.- A commission of the Roundtable of Commonwealth countries in the Dominican Republic on Sunday held a meeting with Sri Lanka foreign minister V Senanayake and ambassador A L Ratnapala, t[...]
  • ‘Dominican Republic is a beggar sitting on a large gold mine’

    Economy October 22, 2018 | 8:10 am

    Santo Domingo.- Energy and Mines minister Antonio Isa Conde on Sun. called the Dominican Republic "a beggar sitting on a large gold mine." He said the country isn't aware that the abundant resource[...]
  • Jump in fuels, dollar push staples up to 30%

    Economy October 22, 2018 | 7:34 am

    Santo Domingo.- The jump in fuel prices and the dollar's rate are pushing the cost of several household staples as high as 30 percent. Plantains jumped from 10 to as much as 15 pesos while other pr[...]
  • The Fed visits Dominican Republic to talk cybersecurity

    Economy October 19, 2018 | 6:08 pm

    Santo Domingo.- Central banker Hector Valdez Albizu, on Fri. received in his office a delegation from the Board of Governors of the U.S. Federal Reserve, headed by Jason Tarnowski, vice president of t[...]