Dominican Republic suspends banana exports; seeks to ensure price stability

The Minister of the Presidency and president of the National Council for Food and Nutritional Sovereignty and Security (Conassan) said that the measure will be reviewed in 30 days.The Minister of the Presidency, Joel Santos Echavarría, headed this Thursday an extraordinary session with the National Council for Food and Nutritional Sovereignty and Security (Conassan), in […]

Government to subsidize the price of fuel “as long as possible”

The Minister of Industry and Commerce and Mipymes, Víctor (Ito) Bisonó, maintained that the Government will continue to subsidize the price of fuel until “the country can.” “The government is in a position to continue doing what it is doing up to now without taking out loans in order to save subsidies,” the Minister added, […]

Government looking for investors to purchase cancer centre with US$15M price tag

Government says it is looking for investors and other alternative options to help buy the financially struggling Cancer Centre Eastern Caribbean Ltd and ensure its future. The facility, located in the Medical Pavilion on Queen Elizabeth Highway, will be closing at the end of the month after its main shareholder wrote to the government advising […]

Vendors Defend Fresh Coconut Price Hike

Coconut vendors have blamed the fresh coconut price hike on the escalating price of other commodities. Elijah, who has been in the business for the past twenty years, explained that the cost of inputs has risen. “Farmers spend more on fertiliser. The workers want an increase in wages,” Elijah, whom people also know as ‘Pure […]

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