2007News

Drivers begin to get subsidize fuel

The authorities began distributing subsidized fuel to drivers yesterday. The subsidized fuel will benefit a total of 4,000 selected trucking transporters and 30,000 selected passenger transporters. Diario Libre writes that the Ministry of Industry and Commerce is distributing the fuel to gas stations controlled by the transport cartels through the Pelicano Company. Industry and Commerce …
2007News

Bottoms Up!

Beginning tonight the alcohol decree, which limits the sale of alcohol throughout the DR, will be lifted allowing alcohol to be sold at the discretion of club and bar owners. The decree will be back in effect on 1 January 2008. The lifting of the decree is welcome news for some bar and club owners …
2007News

Fernandez to ratify PetroCaribe

President Leonel Fernandez’s main objective as he heads to the PetroCaribe summit in Cienfuegos, Cuba is to ratify the PetroCaribe agreement with Venezuela. He is traveling to Cuba today, to attend the 15-nation PetroCaribe summit. The ratification of the agreement would prevent what Fernandez called “the other storm,” referring to the skyrocketing prices of petroleum …
2007News

New homes for Bonao

President Leonel Fernandez made the ceremonial shoveling gesture, officially starting the construction of 330 new homes for families affected by Tropical Storms Olga and Noel in Bonao. Of the 330 homes, 202 will be built in Bonao while 80 will be built in Piedra Blanca and 50 in Maimon. Fernandez said that the government would …
2007News

FTA with Canada

The first round of trade negotiations with Canada took place with officials discussing an increase in cooperation between both countries and the increase in Canadian aid in the area of private sector development. As reported in Listin Diario, Foreign Relations Minster Carlos Morales Troncoso and chief negotiator Juan Guiliani Cury explained that the FTA would …