2008News

Almeyda on migration

Interior & Police Minister Franklin Almeyda says that he is waiting for Congress to pass changes to the Constitution on nationality and migration issues in order to issue the Migration Ruling required for the implementation of Migration Law 284-04 that was passed three years ago, as reported in Listin Diario. Almeyda says that the ruling …
2008News

Tourism slows

The Quisqueya Foundation, quoting Central Bank figures, says that during the third trimester of the year tourism to the DR slowed by 3.1%, compared to the same period in 2007. This represents the largest decrease in the flow of tourism since 1998. Quisqueya Foundation directors Frank Valenzuela and Hector Frias say these figures point to …
2008News

Crisis not felt yet

While experts keep warning the international financial crisis will soon be felt on the home front, Listin Diario writes that consumer sales remain high. According to the newspaper, government collection of ITBIS taxes, the local value-added tax, was up in October 2008, indicating that consumers are still spending their money. ITBIS tax is a key …
2008News

Highways for Samana

Yesterday the Senate approved a government concession for the construction of an extension to the Santo Domingo-Samana highway. The concession is granted to the same company, Nordeste that built the first south-north part of the highway that reduces traveling time to Samana from Santo Domingo by half. The new concession covers the reconstruction and rehabilitation …