2008News

Weather watch

The National Meteorological Office (ONAMET) is watching a slowly developing low-pressure system developing near the DR. The storm is moving east-southeast, bringing light rain to the northeast of the country, including Montecristi, Puerto Plata, Dajabon, Elias Pina, Valverde and Santiago Rodriguez. The eye of the storm is located over the Virgin Islands. Light winds are …
2008News

Fernandez travels

President Leonel Fernandez hits the road tomorrow as he embarks on another international trip. The President will take part in the XVIII Ibero-American Summit in El Salvador between 29 and 31 October. Fernandez will also make a stop in New York before heading to Dubai (United Arab Emirates) and Qatar. He is the first serving …
2008News

BVRD not in danger

According to the president of the Dominican Stock Exchange (BVRD), Marcos J. Troncoso, the BVRD will not be directly affected by the international financial crisis. Troncoso says that because of the relatively new nature of the BVRD and since it only emits debt instruments and fixed rates, and conducts basic domestic operations, connections to the …
2008News

Customs revamp

The Customs Department (DGA) is installing 700 computers, 250 scanners, 50 printers and 350 VOIP phones at the DR’s different ports of entry this week. Customs director Miguel Cocco said the new equipment was bought with a loan from the Exim-Bank of South Korea. The US$23 million loan is for 25 years with a seven-year …