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Daily News - 15 March 2000

Balaguer chooses Peynado for vice president
Former President Joaquín Balaguer chose former Vice President Jacinto Peynado to be his running mate on the Partido Reformista Social Cristiano (PRSC) ticket in the 16 May 2000 presidential election. Peynado said that the leader of the PRSC called him at home shortly after 8 pm last night to announce his decision. Half an hour later, Peynado met with Balaguer at his Máximo Gómez residence to establish the party's electoral strategy. "This means that President Balaguer wants to win the 16 May elections," Peynado said. "I believe that by choosing me almost immediately we will have a solid grasp on the second place, with at least, nine points above what the polls are showing." Jacinto Peynado studied grade school and high school in Santo Domingo (Colegio La Salle) and in Taft High School of Watertown, Connecticut. He studied business administration at the Wharton School of the University of Pennsylvania.
He is primarily known for his work at Delta Comercial, the Toyota dealership in the DR, but has also been involved in agroindustry (Agroindustrial Delta), air transport (Transportes Aéreos), television (Telecentro), and other businesses.
He was Vice President of the Republic from 1994-96, when President Balaguer was chosen in an extremely close election. The term was cut short to two years, with elections called in 1996. In 1996 he ran for President on the PRSC ticket with Maribel Gassó as vice presidential candidate. In those elections, he won 420,000 votes (15% of the total votes), despite the lukewarm support of the party leader, who subtly favored Leonel Fernandez of the PLD over his party's own candidate.
Political parties have until tomorrow, 16 March at midnight to register their complete candidacies.
The candidates for the three leading parties now are:
Partido de la Liberación Dominicana (the ruling party): Danilo Medina and Amilcar Romero.
Partido Revolucionario Dominicano: Hipólito Mejía and Milagros Ortiz Bosch.
Partido Reformista Social Cristiano: Joaquín Balaguer and Jacinto Peynado.

Chamber of Deputies passes Stock Exchange Bill
The Chamber of Deputies moved on the Stock Exchange Bill yesterday. The bill that seeks to provide a regulatory framework for stock market operations in the DR now passes on to the Senate. Today, the local stock market primarily deals in commercial paper. These transactions have been invaluable for companies seeking alternatives for longer term and lower cost financing. News reports say that the Senate is in favor of passing the bill that if converted into law is expected to be very positive for local companies development. News reports, nevertheless, say that the Senate is lagging behind its usually slow work pace regarding major bills, especially with the presidential election only three months away.

Olympic Stadium track to be ready in two months
Deputy Minister of Public Works Leonel Carrasco said that the new track & field and Olympic Stadium remodeling works are well advanced. He said the stadium should be ready for reopening in two months time. A new track is being installed at a cost of US$580,000. It was imported from Italy. The track will also have underground access, said engineer Carrasco. He said that work is also advanced on the construction of the adjacent warm-up track. The works are part of the overhaul sports installations in Santo Domingo are subject to in order to prepare for the 2003 Pan American Games.

Four companies to bid for Dominicana Airlines
Antonio Isa Conde, president of the Commission for the Reform of Public Enterprise (CREP) announced that four foreign companies presented the documentation to participate in the competitive solicitation for Dominican Airlines. The state airline that has been closed for five years, would be capitalized, with private investors being granted 50% of the company shares, as well as managerial and operational control. Twenty companies expressed an interest in taking charge of Dominicana (CDA). Of these only four will be participating in the actual tender. These are:
Friedman Turby & Co. Inc. (United States), represented by Otto Gold Ballon; Aserca Airlines (Venezuela), represented by Veronica Kundhardt; Lauda Air (Austria), represented by Gustavo de Hostos; and Allegro Air (Mexico), represented by María Luisa López. Aserca, Lauda and Allegro fly to the DR.

Tourism stats show US is leading source market
The Ministry of Tourism, in its Annual Report, states that arrivals grew 15% in 1999. According to the Ministry of Tourism, air arrivals were 2,667,000, and maritime arrivals 280,000 (primarily to Santo Domingo and Isla Catalina ports).
75% of travel to the DR comes from the United States (23%), Germany (22%), Canada (8%), Spain, France and Italy (6%), and the United Kingdom (5%).

Tourism announces winners of Carnival parade
The Ministry of Tourism announced the winners of the recent Santo Domingo carnival parade, where floats, dance troupes and folklore groups from all over the country come to put on their best performance and vie to win prizes.
The winners were:
Carrozas de Provincias (provincial floats): Rio San Juan, Constanza tied for the RD$100,000 award.
Carrozas Privadas (private floats): Club Naco, Santo Domingo, Grupo Punta Cana and Fantasia Egipcia from Santiago. Tied for the RD$125,000 award.
Mejor Comparsa Temática (best theme dance group): Rio San Juan won the RD$75,000 award.
Mejor Comparsa de Fantasía (best fantasy dance group):
Pintados, Barahona and Por Amor al Carnaval of Villa Mella tied for the RD$60,000 award.
Comparsa Barrial (neighborhood dance group): Fantasía de los Reyes, Villa Francisco, won the RD$50,000 award.
Comparsa Provincial (provincial dance group): Nigua, San Cristóbal won the RD$50,000 award.

Land Rover Road Show
Autobritánica announces its Road Show: The Land Rover Experience. 4 x 4 Driving. Presenting Steven McCaethy, Daphne Greene, Bob Burns, Brian Smith, Cesar E. Calvo, Eduardo Eisenmann. Saturday, 18 March and Sunday, 19 March from 9:30 am to 5:30 pm. Ciudad Modelo, Av. Jacobo Majluta, Santo Domingo. The pilots are experts in events such as the Camel Trophy, Formula 1 and Land Rover Expeditions. Free admission.

Festival Internacional de Cine de Santo Domingo
The Santo Domingo Film Festival will be held this weekend at the Cinema Center (1-2) movie theaters. Films from Spain, Venezuela, Brazil, Bolivia, Germany, and Cuba will be participating. Among the films are:
El Valle, Venezuela, by Gustavo Balza.
En Brazos de la mujer madura, by Manuel Lombardero
El cometa, by Marisa Sistach
Quien diablo es Julieta, by Carlos Marcovich.
Das Trio, Hermine Hunfgel (Germany)
Cuba Libre, by David Riondino
El dia que murió el sielencio, (Bolivia) by Paola Agazzi.
Un Hombre de éxito, by Humberto Solás (Cuba).
Hasta cierto punto, by Tomas Galea (Cuba).
Las profecías de Amdana, by Pastor Vega (Cuba).
Se permuta y plaff, by Juan Carlos Tabio (Cuba).
Dios y el diablo en la tierra del sol, by Glauber Rocha (Brazil).

Orchids exhibition announced
The Dominican Orchidology Society announces its spring time exhibition/competition of orchids. The exhibition will be open to the public 17-19 March at the Botanical Gardens. The orchid growers will be competing for 26 prizes. The Botanical Gardens are open 9 to 5 pm.

Theater at the Sala Ravelo
"Las Damas de las Camelias, of Spanish playwright Ramón Pareja" will be staged at the National Theater's Sala Ravelo on 16-19 March and 23-26 March.

National Symphony Orchestra Season
The second half of the National Symphony Orchestra 1999-2000 season continues at the National Theater in Santo Domingo.
The calendar for the upcoming presentations is as follows:

Wednesday, 22 March.
Julio de Windt, Conductor.
Reynaldo Han. Overture of the Mozart opera.
Bienvenido Bustamante's Concert for Flute and Orchestra. Special performance by Luis Ruiz.
Franz Liszt's Concert No. 1 for Piano and Orchesta.
Special performance by Italian pianist Enrico Pace.

Wednesday, 29 March
Night of Chamber Music.
Tchaikovsky, Chavez, Wagner and Bizet.

Paul Taylor Dance Company
The Paul Taylor Dance Company (www.ptdc.org) will perform in Santo Domingo 24 and 25 March at the National Theater. The group will perform in a benefit for the Fundacion Mir in La Romana. Fundación Ritmos por la Danza brings this company to Santo Domingo. The company has toured 650 cities in 60 countries and was appointed cultural ambassador of the United States in the program Millennium Council of the White House.

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