Dolores Vicioso – Page 6872

According to statements by Jos? Lois Malkum, the head of the Central Bank, the properties of Baninter will be sold off before they lose value in the marketplace. Approached by reporters as he was leaving the Seventh Instructional Court of the National District, Malkum said there was a commission of officials of the Central Bank …

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Silvio Carrasco, head of the National Hydraulic Resource Institute (INDRHI), announced that the dam at Monci?n was the winner of the International Prize ?El Puente Alc?ntara?, organized by the San Benito Foundation of Alc?ntara, Spain. The Monci?n dam was competing with 20 other hydraulic engineering projects all over the Spanish-speaking world. Initially, there were 300 …

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Santiago Tejada Ecoboza, the head negotiator of the National Commission on Commercial Negotiations (CNNS), said that in two rounds of talks, a new Free Trade Agreement with Canada could be worked out. Tejada said: ?All we are waiting for is to set a date for them (Canada) to come to Santo Domingo for the first …

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Hoy newspaper reports that the exchange rate for the peso in April 2002 was RD$17.76 to the US dollar. One year later, the peso has slid to RD$27.80, and available currency in the market is scarce. The newspaper reports that in the past 12 months, the Dominican currency had devaluated by approximately 56%. The exchange …

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Jacinto Peynado said yesterday that the Social Christian Reformist Party (PRSC) has become a symbol and that President Hip?lito Mej?a has taken ownership of one of its slogans. As reported in Hoy, Peynado, who aspired to be the party?s presidential candidate in the 2004 election but lost out to Eduardo Estrella, says the party does …

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Since January there have been at least 10 deaths related to alcohol consumption and driving an automobile. According to the report by Alicia Ortega for El Caribe newspaper, 65% of all accidents are caused by drivers under the influence.  In an experiment, overseen by Captain Elexio Soto Roa of the AMET, a volunteer driver, Juan …

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The president of the Dominican Exporters Association, Samir Rizek, wants the Central Bank and the Monetary Board to modify the Monetary and Financial Code in such a way so that the exporters, who generate approximately US$800 million a year, can sell these currencies directly to consumers. According to Rizek, the exchange market is currently in …

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The Specialized Corps of Airport Security (CESA) will graduate 185 new officers to beef up security in the various airports of the Dominican Republic. The chief of CESA, Major General Manuel de Jes?s Figuereo F?liz, told the press that the new agents had received their training at the San Isidro Airbase, and that the coursework …

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According to the economic section of El Caribe, there are some differing opinions about the proposed Coral Highway. While some hotel owners were sending notes to the National Congress supporting the proposed US$255-million bond issuance for its construction, the president of the National Hotel and Restaurant Association (Asonahores), Johnny Bernal, was going public with a …

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