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Dominican News
Venezuelan, Colombian US$ billions blanket the country
Tue, 22 May 2012 15:00:00 GMTSanto Domingo.- The country has become very attractive for Colombian investments becoming a major destination for capital from that nation, according to the latest report of the Economic Commission for Latin America and the Caribbean (Cepal) for 2012.
Bourse RD$404.3B in issues in 2012 caps 2-year expansion
Tue, 15 May 2012 12:01:00 GMTSanto Domingo.- RD$404.3 billion in national and private debt have been placed in the Bourse this year, pacing its expansion since yearend 2011, with RD$136.4 billion in secondary market trades.
Motorists beware of Duarte highway traffic detour Tuesday
Mon, 14 May 2012 19:03:00 GMTSanto Domingo.- The Public Works Ministry will detour the traffic on the Duarte highway tomorrow Tuesday, when president Leonel Fernandez will cut the ribbon for the overpass at the Manoguayabo subdivision.
Campos de Moya tapped as head of British Chamber of Commerce
Mon, 14 May 2012 13:42:00 GMTSanto Domingo.- The British Chamber of Commerce tapped its new board of directors for the 2012-2014 period, headed by Campos de Moya, vice president for Communications and Institutional Relations of the group VICINI.
Industries trace route to economic surge in next 4 years
Mon, 14 May 2012 11:54:00 GMTSanto Domingo.- The next four year term should mark the start of a new model of production to spur exports and balanced trade, to reduce the current deficit, said Industries Association (AIRD) president Manuel Ciez Cabral on Sunday.
Taiwan to seek new trade opportunities at Expo Ferretera Show
Sat, 12 May 2012 12:52:00 GMTSanto Domingo.- The Taiwan External Trade Development Council (TAITRA), announced the participation of 18 enterprises from Taiwan in this year's
Fuel prices remain unchanged
Fri, 18 May 2012 17:36:00 GMTSanto Domingo.- During the week from May 13 to 23 fuel prices will remain unchanged, with premium gasoline still costing RD$229.90 per gallon and regular RD$213.80 per gallon.
Tourist arrivals in first 4 months jump 7.35% to 1.9M
Fri, 18 May 2012 12:04:00 GMTSanto Domingo.- During the first four months this year the number of visitors continued to rise, with nearly 1.9 million nonresident passengers, a 7.35% growth compared with the January-April 2011 period.
Pact helps workers back home from New England get owed paychecks
Thu, 17 May 2012 15:41:00 GMTBOSTON. - Dominican citizens who've moved from Massachusetts, New Hampshire, Maine and Vermont back to their country and whose employers owe wages in arrears can get paid through their nation's consulate in Boston.
The country reaches milestone 6,000 natural gas-powered vehicles
Thu, 17 May 2012 12:06:00 GMTSanto Domingo.- Industry and Commerce Ministry Non-Conventional Energy Dept. director Salvador Rivas yesterday labeled number 6,000 natural gas-powered vehicle in the Dominican Republic, a 2012 Ford Escape.
Savings deposits soar 23% to US$11.9B in 6 years
Thu, 17 May 2012 11:48:00 GMTSanto Domingo.- In just six years deposits in savings accounts, CD and certificates have soared 23% or RD$256.0 billion, which the Commercial Banks Association (ABA) attributes to the public's confidence.
1Q revenue gets a RD$9.B boost to RD$57.0 B
Wed, 16 May 2012 12:43:00 GMTSANTO DOMINGO.- Revenue from the Industrialized Goods and Services Transference Tax (ITBIS) jumped 22.3 percent to more than RD$4.0 billion in March, for an additional income of RD$810.2 million.
Venezuela eyes Dom. Rep. investments on top of US$2.0B debt
Tue, 15 May 2012 12:51:00 GMTSanto Domingo.- Venezuela's Ambassador Monday announced a visit this week by petroleum technicians of Venezuela's State-owned operation PDVSA, who'll target the financial and technological areas to invest for the Dominican Petroleum Refinery's (Refidomsa) development.
