2008News

Propane subsidy removed

The government has removed the propane gas subsidy and propane is now selling for RD$75.95, a reduction from RD$87.13 the previous week. This comes after the government distributed or is in the process of facilitating an announced 800,000 Bonogas cards that provide RD$228 a month in credits for low-income families purchasing propane. The RD$228 will …
2008News

Interpol colonel investigated

Police have announced the suspension of the director of the local division of the International Police (INTERPOL), Colonel Frener Bello Arias, who is being investigated for extortion. Police chief Rafael Guillermo Guzman Fermin says that he has requested the assistance of an assistant prosecutor to investigate the case. Colonel Cabrera Sarita has been provisionally appointed …
2008News

Fernandez in Florida

President Leonel Fernandez was in Miami to participate in the Miami Herald-sponsored Americas Conference at the Biltmore Hotel Thursday. Fernandez was also a keynote speaker at a Beacon Council event where he spoke and meet with around 600 Floridian businesspeople. For some days now, President Leonel Fernandez has been arguing that the DR is well …
2008News

DR wades the crisis so far

Despite the global crisis, growth continues at the Dominican Republic Exchange. Trading leaped to RD$25,429,696,170.23 for the first ten months of the year, for a significant 221.31% growth compared to the same period last year. The total volume traded for the year 2007 was RD$15,414,587,959.17 Three new issues were approved during the third quarter: BHD …