2024News

Senate approves US$185 million in loans

The Dominican Senate on Wednesday, 11 September 2024 approved a trust agreement between the Infrastructure Development Fund (FDI), signed between the Dominican state, represented by the Ministry of the Presidency, and Fiduciaria Reservas. The Senate also confirmed loans in a second reading totaling US$185 million. During the session, senators approved an amendment to modify the …
2024News

Power distribution companies’ inefficiency grows despite increased staff

A new study conducted by the Regional Center for Sustainable Economic Strategies (CREES) in June 2024 has revealed a concerning trend among the Dominican Republic’s government-owned electricity distribution companies, Edesur, Edeeste, and Edenorte. Despite significant increases in their workforces, these companies have shown a decline in operational efficiency, as reported in 7 Dias. As of …
2024News

Civic group demands answers on continued contract with Transcore

Participación Ciudadana calls for a thorough explanation as to why the government continued its contract with Transcore Latam for the management of Santo Domingo’s traffic light system. The non-partisan civic group has expressed deep concerns over the ongoing relationship between the National Institute of Transit and Transport (Intrant) and Transcore Latam, despite previous announcements of …
2024News

Earthquake causes structural damages in northwest

A 4.5 magnitude earthquake struck on Tuesday, 10 September 2024, at 11:59pm, causing significant damage to buildings in the northwest, from Montecristi to Puerto Plata provinces. The epicenter was located 11.7 kilometers deep, southeast of Guayubín in the Montecristi province, according to the state university UASD earthquake center report. The town of Villa Elisa was …
2024News

DNCD and National Police strengthen alliance against drug micro-trafficking

There was a time when key micro-trafficking drug spots in the Dominican Republic were listed on Google so people using Google maps could find them easily. The Abinader administration has done a turnaround and the Google drug points in Santo Domingo are no longer openly listed. Crackdowns on shipments have increased several many times. US …
2024News

Vice President Raquel Peña is teaching again at the PUCMM

Vice President Raquel Peña Rodríguez is taking time from her busy schedule to teach a course in Entrepreneurship in a business administration masters program (Gestion Empresarial) at her former alma mater, the Pontificia Universidad Católica Madre y Maestra (PUCMM). The classes are from 7 to 9pm on Tuesdays for the September-December quarter. The first day …
2024News

Focus on fiscal reform

Talk about constitutional reform seems to have been relegated by the discussions now going on regarding fiscal reform in the Dominican Republic. The government wants more money to carry out its projects, privileged businesses don’t want to lose their exemptions, and the middle class hopes the government will downsize so it once again isn’t who …