2008News

Tuesday Sales!

Plaza Lama is advertising sales with potatoes at RD$9.75lb, eggplant at RD$5.75lb, bugalu tomatoes RD$12.95lb, red onions at RD$16.95lb, cucumbers RD$7.95lb, and carrots at RD$8.75lb. Jumbo has sales in its fruits and vegetables department, with carrots for RD$5.95lb, Cubanela green peppers for RD$7.95lb, cabbage for RD$17.95ea, plantains for US$7.50, green grapes for RD$69.95lb, and Roma …

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2008 Travel News ArchiveTravel

Trading down, not out

Recent economic headlines have led people to ask how a recession would affect consumer travel behavior. Ypartnership travel marketing company recently carried out a travel horizons™ survey (co-authored by the Travel Industry Association in Washington) and share their findings to what consumers have done during the last six months because of personal financial concerns. The …

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2008News

Small business loans

A total of 95,000 businesses that are classified as micro-, small or medium sized have received financing from the National Council for the Promotion and Support of Micro, Small and Medium Businesses (Promipyme: Pro Me Pi Me). According to the council’s president the entity is averaging RD$1.2 billion in loans each month and the collection …

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2008News

January inflation

The Central Bank reports that January’s Consumer Price Index was 1.09% compared to December 2007. This came about as a result of food prices going up as a result of shortages due to Tropical Storms Olga and Noel, combined with commodity price increases and increases in the cost of transport due to international fuel price …

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2008News

Lazy Congress

Of the fifteen legislative proposals declared to be of high national interest for 2007, only four have been passed by both sections of the Congress. As a result, this year’s first session will start with a backlog of legislation contained in the Priority Legislative Agenda from 2007. The four bills that were passed covered tax …

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2008News

Fight against bird flu

The government has created yet another committee, this one named the National Livestock Committee (CNP), to deal with the issues connected with the presence of Asian bird flu in the Dominican Republic. According to Enriquillo Rivas, a poultry sector consultant, chicken producers have put up RD$15 million and the Ministry of Agriculture has contributed an …

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2008News

Wind Telecom starts tomorrow

A new US$100 million company, Wind Telecom will launch its services tomorrow. According to company president Manuel Bonilla, its services will include Wimax, Internet, television and data. The company will offer Wi-Fi broadband access to its clients, as well as 132 television channels, with two channels reserved for educational use. Universities and other institutions will …

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