Santo Domingo.– In the Dominican Republic, a country of 9.5 million inhabitants, there are almost the same amount of telephone numbers in use, said Dominican Telecomm Institute (Indotel) director Jose Rafael Vargas. According to Vargas, the Dominican Republic is ending 2009 with a teledensity of 97%, and is expected to reach 100% in February 2010. [...]

Santo Domingo.– The increase in bank credit to the private sector helped reactivate the Dominican economy, which will grow this year by around 3.5%, the Central Bank reported. Due to a strong correlation between the private credit and the GDP growth, the Dominican economy has experienced an important recovery, mainly in 2009’s second quarter, according [...]

Santo Domingo.–The Dominican government is reneging on an agreement to pay private generators around US$200 million owed for energy, as agreed with the World Bank (WB). A reliable source in the industry revealed today that despite the pledge by State-owned power companies (CDEEE) director Celso Marranzini that the payment would materialize by yearend, Treasure minister [...]

Santo Domingo.– Economists and businessmen expect the agreement with the International Monetary Fund (IMF) will dinamize the Dominican economy during next year´s fist half, with a lot of money circulating, a broadening tax base and several public expenditures. Members from the Chamber of Commerce and Production of Santiago expect that 2010 will see a change [...]

Santo Domingo.– A 4.3 degree tremor on the Richter scale shook the Southeast region Saturday morning, when residents of the towns La Romana, El Seybo and San Pedro de Macoris said they felt it. According to experts from the State University UASD Seismological Institute, so far there are no reports of damages from the 10:56 [...]

New York.– Jose Paulino, a 29-year-old native of the Dominican Republic, celebrated Christmas in a hospital bed after an eight-story fall that left him with 4 broken ribs. The construction worker was helping dismantle scaffolding Thursday at a 20-story building in Manhattan. Suddenly, a plank off the 16th floor snapped under his feet. He felt [...]

Santo Domingo.– In the Dominican Republic, a country of 9.5 million inhabitants, there are almost the same amount of telephone numbers in use, said Dominican Telecomm Institute (Indotel) director Jose Rafael Vargas. According to Vargas, the Dominican Republic is ending 2009 with a teledensity of 97%, and is expected to reach 100% in February 2010. [...]

Santo Domingo.– The increase in bank credit to the private sector helped reactivate the Dominican economy, which will grow this year by around 3.5%, the Central Bank reported. Due to a strong correlation between the private credit and the GDP growth, the Dominican economy has experienced an important recovery, mainly in 2009’s second quarter, according [...]

Santo Domingo.–The Dominican government is reneging on an agreement to pay private generators around US$200 million owed for energy, as agreed with the World Bank (WB). A reliable source in the industry revealed today that despite the pledge by State-owned power companies (CDEEE) director Celso Marranzini that the payment would materialize by yearend, Treasure minister [...]

Santo Domingo.– Economists and businessmen expect the agreement with the International Monetary Fund (IMF) will dinamize the Dominican economy during next year´s fist half, with a lot of money circulating, a broadening tax base and several public expenditures. Members from the Chamber of Commerce and Production of Santiago expect that 2010 will see a change [...]