What the hell is going on?

PICHARDO

PICHARDO

One Dominican at a time, please!
May 15, 2003
13,280
893
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Santiago de Los 30 Caballeros
Robert said:
I look forward to it :) Remember, I'm just one cog here at DR1, we have a few other cogs in the office grinding away.

Some of the ideas/plans appear a little pie in the sky, but when you live in the DR and see what goes on, some might just happen, despite what the public feels.
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The more the merrier!! LOL!!!

We think is about time to give the expats here in DR a voice as well...

Sometimes people that are looking from the outside can spot trouble points with much more efficiency that those in the "inside" track.

Think of it as a "suggestions" box! :cheeky:

We wanted the market to increase electronic commerce naturally at its own pace. Today we know this is an impossible pace to wait for...

We're not looking to control the tasa or inflation rates as posted and denounced by some (read the news) but to decrease currency commerce with a "little" push for incentive... That way we are having a noticeable increase (60%) from the one before taking place in the electronic commerce.

We need to make this go beyond, much more than that!

We have a little over two fiscal years to do so or else face a discriminatory market stampede from overseas, sure to overtake and eliminate the local industry for good...

That serious is the stuff...

We hope to have a candid discussion (meeting) and trade views/opinions on the most regarded issues affecting the DR with you.

The DR is our country and we care as much as anybody living in the Barrios or campos of our nation.

All topics regarding the DR will be on the table and open to (amicable) discussion "Dominican style"...
 
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Chip

Platinum
Jul 25, 2007
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PICHARDO said:
How about you, along many here in DR1 with some knowledge of the needs come up with a healthy and still industry-kind-of-nice policy that can be forwarded to the pertaining body to pursue such programme within gov? I can assure you all is welcome that can be of aid to bring long term solutions to many problems affecting the DR.

Just keep in mind that even thus the environment is paramount, industry needs must be addressed as well!!!
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At first glance, this would seem to be the case, however, as we have found out in the States that one cannot afford to NOT address environmental pureley based on cost reasons. Why? This is because the contaminants, solid and liquid, discharged into watersheds do not degrade very rapidly and have the short and long term effect of reducing the water quality. Since these same watersheds are also point sources for municipal public water supplies, the public water authorities are having to deal with cleaning the contaminated and degraded natural water. This additional cleaning of the natural water to make it potable is very expensive. This is just one reason why protection of the watersheds is important.

The other important factor is the damage the contamininated water does to the flora and fauna of the surrounding areas. While this may not seem of utmost importance, it is a proven fact that many fishes in the seas surrounding land actually were born there or feed at mouths of fresh water rivers that empty into the sea. This contaminated water supply has proven to be a cause of the major reduction of the supply of sea fishes. At some point the water from the rivers from the DR are going to completely dessimate the fish popultation? What economic effect would that bring?

Not only that, what economic loss can be attributed to an all but non exixsting ecotourism here in the DR? What the leaders don't realize is that is there were major efforst to clean the water and dispose of garbage correctly, this country would see a major increase in eco tourism in the interior parts of the country. Not only that, major international business would start showing interest in setting up shop in the DR - all this would bring investment and many foreigners with disposable income.

A comprehensive water quality plan isn't something that even has to be created, just copied from one of the Water Management Districts in Florida, the Florida Department of Environmental Protection and the EPA for starts and then just implemented in parts.
 
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Chip

Platinum
Jul 25, 2007
16,772
429
0
Santiago
To continue the, two major programs need to be created immediately.

One to address solid waste, the collection and disposal and creation of lined landfills.

Two, the creation of a department to oversee the discharge of liquid waster into the drainage supply, whether it be major industries or a local lubricambio.

I'm sure international loans at low interest rates if not outright grants can be obtained to get the program in place.

As far as the upgrading of equipment in factories and large industries to bring the discharges into compliance, this can be paid for by tax incentives. the governemt will lose revenue for sure but this in an INVESTMENT in the future and prosperity.

As far as air quaility goes, this is important and needs to be addressed as well.
 
bob saunders

bob saunders

Platinum
Jan 1, 2002
32,582
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dr1.com
Chip said:
Not only that, what economic loss can be attributed to an all but non exixsting ecotourism here in the DR? What the leaders don't realize is that is there were major efforst to clean the water and dispose of garbage correctly, this country would see a major increase in eco tourism in the interior parts of the country. Not only that, major international business would start showing interest in setting up shop in the DR - all this would bring investment and many foreigners with disposable income.

A comprehensive water quality plan isn't something that even has to be created, just copied from one of the Water Management Districts in Florida, the Florida Department of Environmental Protection and the EPA for starts and then just implemented in parts.
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I fully agree with you on this. Proper stewardship of the environment would be a boon to the DR.
 
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Eddy

Silver
Jan 1, 2002
3,668
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Rocky said:
Anybody got any spare change?
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I guess not. But from what I read, we won't need it soon. LOL. You should be able to get tons of 5's at your bank. I keep wondering why they started with 5's instead of 10's. Another misery oops I mean mistery "like the worthless confusing 200 pesos note".
 
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bigbird

Gold
May 1, 2005
7,375
163
0
A.Hidalgo said:
The Central Bank in their press release is indicating that on June 18th a dispatch of RD$5.00 was being distributed..............
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This is true as I received quite a few brand new 5 pesos coins while in Santo Domingo last week. All coins were dated 2008.
 
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rellosk

Silver
Mar 18, 2002
4,169
58
48
Here something from todays DR1 News:

Got change?​
The Central Bank is denying reports of a shortage of change in the DR and says that 3.4 million RD$5 coins have been put into circulation since 18 June. Officials say that the use of coin machines, juke boxes, tolls and bus fares has lead to an increased need for coins. The Central Bank says that shortly a further 1.5 million RD$5 coins will be put in circulation and that another, 500,000 RD$10 coins will soon be released to the public. A press release by the CB reports the bank has requested the minting of 15 million RD$5 coins and 10 million RD$10 coins. They have also requested 10 million RD$25 coins. Hoy reports that three million of those coins are currently on a boat that is due to arrive in the DR in mid July. By December the DR is expected to have received 40 million RD$1 coins, 23 million RD$5 coins, 23 million RD$10 coins and 15 million RD$25 coins.
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PICHARDO

PICHARDO

One Dominican at a time, please!
May 15, 2003
13,280
893
113
Santiago de Los 30 Caballeros
A.Hidalgo said:
The Central Bank in their press release is indicating that on June 18th a dispatch of RD$5.00 was being distributed with other denominations on the way via a ship to the DR. As the days go by the shortage will subside.

Its obvious that the bank is in total ignorance of what PICHARDO knows.;)


http://www.bancentral.gov.do/noticias/avisos/aviso2008-07-02.pdf
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Time will tell you what the Bank's statement means and what is going to happen soon enough...

Just so you have minute idea of what the coins to supply the present market means: It's 10% of the actual calling order from banks and the internal accountant's office.
We're still headed to keep the currency in use to the minimum levels possible to avoid big loses and foment e-commerce usage more until the final change.
 
PICHARDO

PICHARDO

One Dominican at a time, please!
May 15, 2003
13,280
893
113
Santiago de Los 30 Caballeros
DGII will call on 50,000
The Tax Department (DGII) will notify 50,000 taxpayers that inconsistencies have been detected in their tax returns. This is part of a process that seeks to reduce tax evasion to a target level of 6%. Juan Hernandez, the head of the Internal Revenue Department told Listin Diario reporter Candida Acosta that his office has detected false tax ID numbers and irregularities in many tax return forms. Hernandez said that the idea is to control at least 70% of all cash transactions through the application of 'fiscal printers', a network of printers that is now in operation at many of the larger commercial establishments. This is why a customer is often asked if they require a 'fiscal receipt' when making a purchase.

Source: Our very own DR1 = Dominican Republic News & Travel Information Service

The short test run of the new system on the database produced the results above...

I told you so....

The big chains will soon bee audited on-site via new equipment that will be installed and software management in their systems as well...

Soon all others that don't operate their biz with POS will be required to employ a newly approved Debit/Credit terminal that will be financed (for those unable to pay up front for the units) to them by the gov.

This step is being taken to allow the merchants and general population to learn that the new system that's coming later will be "strict" and "incorruptible"...

The Banking system overhaul HAS been initiated this very same Monday...

Banks are being audited on a closed system linked to their internal auditing monitors in existence. The new system is gathering data to replace the old system with "individualized" monitors as per each banking institution linked. No more Bank frauds of large or medium scale... Smaller financial institutions will be handled separately via a new set of rules and monitoring devices linked to the emerging local financial market (Bolsa de Valores); all the while having strong financial auditors do the monitoring. That's what I meant when I said that a new Banking system was going to be set off, and not all the Banks would be able to cater to the new system being tested in limited scale today.

Did you like the Camara de Cuentas quick "Yo renuncio" developments? LOL!!!

If you don't cheat in your taxes and report all income with dully precedence, you don't have to fear anything. If you don't? Take a hint from the deposed "Millionaires" under covers...

BTW: The top level of gov was the first scanned by the new system, with the commander in chief seal of approval! The higher wages are working to some degree as planned. Big time generals were not so lucky... Many totem poles to fall soon under the weight of the audits...
 
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London_Calling

Bronze
Aug 19, 2004
572
30
0
The following happened in London last Saturday

“Oystercard disruption on Saturday 12 July
14 July 2008 - Corporate
Due to a technical problem with the Oyster card computer system, card readers across the TfL network were not accepting staff and customer cards on Saturday morning.
A number of the Oyster cards used on London Underground before 9.30am on 12 July may no longer work as a result of this problem. Cards of customers who topped up their cards at Oyster Ticket Stops during the day may also have been affected. “

Hopefully this will never happen i the DR once Pichardo’s cash less society come into action.
 
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Celt202

Gold
May 22, 2004
9,099
944
113
London_Calling said:
The following happened in London last Saturday

?Oystercard disruption on Saturday 12 July
14 July 2008 - Corporate
Due to a technical problem with the Oyster card computer system, card readers across the TfL network were not accepting staff and customer cards on Saturday morning.
A number of the Oyster cards used on London Underground before 9.30am on 12 July may no longer work as a result of this problem. Cards of customers who topped up their cards at Oyster Ticket Stops during the day may also have been affected. ?

Hopefully this will never happen i the DR once Pichardo?s cash less society come into action.
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Imagine buying 2 eggs, 15 pesos worth of verdura, 20 pesos worth of tomato paste and a Presidente peque?a in a colmado with a credit card. :tired:
 
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