2003 – Page 65

The First Ladies of Latin America, the Caribbean, the United States and Canada are meeting in Santo Domingo over the next three days for the XII Conference of First Ladies, Wives, and Representatives of Heads of State and Government of the Americas. The focus of the conference being held at the auditorium of the Central …

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The Dominican Republic should concentrate on its service industry, miscellaneous manufactured items, apparel, leather products and electronic components, said Frederic Emam Zade, as these are the areas in which it has unearthed a competitive advantage. As the director of economic development at the Global Foundation for Democracy and Development, Emam Zade made the recommendations during …

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The International Monetary Fund released yesterday a summary of the conclusions of its 29 August consultations with the Dominican Republic. The IMF directors recommend increasing revenue while curtailing government expenditures to limit the budget deficit and emphasize the need for the government to adopt comprehensive tax and expenditure reforms. "Directors urged the authorities to advance …

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Marisol Vicens, president of the National Young Entrepreneurs Association (ANJE), says that the proposed foreign exchange tax violates the Monetary and Financial Law. She says that the law establishes in Article 85 that any obstacle to free convertibility of currency, as of 3 December 2003, is illegal. The presidents of the Chamber of Deputy and …

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William Malamud, executive vice-president of the American Chamber of Commerce, criticized the policy of X-raying export containers by a new company, as approved by Congress. "With this X-ray machine not tied in to any system there will be no benefits, only costs," he said. As reported in Hoy newspaper, shipper Gustavo Tavares and Jose Mella, …

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Residents in Santiago and Puerto Plata experienced tremors this morning, as the strongest of a series of aftershocks arrived following the 22 September 6.5 earthquake that shook Puerto Plata, unsettled Santiago, and was felt in Santo Domingo, although with less intensity. According to the US Geological Survey, this morning’s aftershock was of a 4.6 magnitude …

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The Cubs -and likely every banca and colmado in the Dominican Republic – were on the edge of their seats late last night. With only five outs to go, Sammy Sosa’s Cubs were on the brink of their first World Series berth since 1945. Incredibly, what seemed a sure thing quickly came crashing down on …

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The First Ladies of Latin America, the Caribbean, the United States and Canada will meet in Santo Domingo on 15-17 October, with the aim of launching a hemispheric strategy for youth and the struggle against poverty. The XII Conference of First Ladies, Wives, and Representatives of Heads of State and Government of the Americas will …

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The government is taking steps to prepare for the May signing of a free trade agreement with the United States. Although the Dominican Republic plans to dock itself to the Central American Free Trade Agreement, it will be allowed to make recommendations for certain changes. Industry & Commerce Minister Sonia Guzman de Hernandez will lead …

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Public Works Minister Miguel Vargas Maldonado announced that La Isabela International Airport will be inaugurated in November, as reported in the Listin Diario. The airport has yet to be certified for operation and news reports indicate that birds attracted by the nearby Duquesa garbage dump and the La Isabela River ecosystem present certain problems for …

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