2004 – Page 21

The military contingents based at Punta Cana and Las Americas airports were removed by the Ministry of the Armed Forces after the filing of complaints of extortion and bribery by passengers. The removal of personnel includes everyone from the lowest recruit to the highest official based in Punta Cana. The order also includes the members …

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In its first two months in office, the PLD government had to spend RD$14.07 billion of a total income of RD$19.55 billion just to pay expenses, providing just an example of what the government is facing. Capital expenditures represented RD$3.62 billion, or 18% of official revenues, while financial services consumed over half of that, or …

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The Central Bank of the Dominican Republic (BCRD) reported that their latest auction of certificates of deposit (Zero Coupon Investment Certificates) was better received than they had forecast for this time of year. The bank said that December usually requires a lot of money to be circulating, but the latest auction was able to place …

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The Central Bank published online its Dominican Republic Investors Presentation for the bonds roadshow it is participating in. Geoffrey Gottlieb of Goldman Sachs questioned the reasoning used to reach conclusions in the document in a release yesterday. He points out that domestic creditors are not pulling their weight, and neither have multilateral creditors come forth …

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The Support Coalition to the Free Trade Agreement with the United States and Central America praised the efforts of the Senate, political parties and the Catholic Church in favor of removing obstacles to the US congressional approval of the DR-CAFTA, as per a release from the American Chamber of Commerce. Salcedo province senator, Alejandro Santos …

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The Frontier Development Department (DGDF) has begun the repairs and construction of airports that either existed previously or have been planned for the area along the Haitian border. According to El Caribe, the government has set aside RD$3.5 million to refurbish the local airports at Elias Pina, Montecristi, Dajabon and Pedernales. Although the project started …

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Dominican society may have to receive eight sex offenders who were rounded up in New York City and are currently awaiting their deportation hearings. El Caribe says the eight were arrested during “Operation Predator” and, according to the paper, had been sentenced to serve time and were free on bail at the time of their …

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The D’La Mona Plaza is generating a lot of speculation among readers of the Diario Libre, says the newspaper. According to its report yesterday, unknown investors, possibly from Puerto Rico, were planning to build a plaza on a small island located in the Mona Passage, the channel of water that divides Puerto Rico and the …

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The use of mosquito repellent containing DEET is recommended for travelers to the Punta Cana area, especially after two cases of malaria have been detected in US tourists returning from this tourist area. There have not been reports of malaria affecting tourists visiting other areas of the Dominican Republic. The Center for Disease Control of …

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President Leonel Fernandez visited the naval yards at Las Calderas, near the southwestern city of Bani yesterday and came away impressed with the operations there. So much so, in fact, that he suggested that the shipyard construct oil tankers to reduce the cost of shipping fuel to the Dominican Refinery. The President made the visit …

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