Dolores Vicioso – Page 7261

2001 News

Paying off the old debt

The Ministry of Finance has begun to redeem Agrarian Reform bonds (issued in 1972 and redeemable in 1987), fuel debt amortization bonds (issued in 1974 and redeemable in 1989), and Hurricane David bonds (issued in 1979 and redeemable in 1995). The redeeming of the bonds is a pre-condition for the issuing of the sovereign bonds …

Work begins on posting highway signs

The Ministry of Public Works began posting horizontal and vertical signs along the Azua-Barahona highway, as part of a RD$20.8 million program financed by the government of Spain. The Ministry says the program encompasses installation of signs, cats eye reflectors, safety barriers, destination indicators, and caution signs along the 1,703 kilometers of highways and secondary …

Attracting a Major League franchise?

President Hipolito Mejia told Hoy newspaper that the idea behind the repair and expansion of the Quisqueya Ball Park is to attract a Major League franchise. He also commented the ball park will be the site of the baseball games during the 2003 Panamerican Games. The expansion calls for the construction of a hotel, convention …

2001 News

President visits Capotillo

President Hipolito Mejia visited Capotillo on Sunday and brought sporting goods and the good news that the government will build a public school for the neighborhood and other works sought by the community. He was accompanied by Minister of the Armed Forces Jose Miguel Soto Jimenez and Minister of Sports Cesar Cedeño.

2001 News

Verdict favors damaged apartment owners

The courts have ruled that the Mormon Church and two building companies (Constructora Caralva S.A and J.A. Caro Alvarez & Asociados) must pay RD$3 million and legal fees to the owners of an apartment near the church. The court judgment is in favor of Enrique Lambertus and his wife Adela Mieses Devers who proved in …

2001 News

Optic fiber cable repairs successful

Repairs to damaged underwater optic fiber cable from Punta Cana to Puerto Rico were successful over the weekend. Internet, long distance telecommunication services and some credit card transactions were affected from Saturday 6 pm to Sunday 4 pm.

2001 News

Generators vs. distributors

Power generators are trying to defend their turf, while distributors seem to have been favored by the government so far. So the generators have decided to take their case to the media, defending their contractual rights. Dominican consumers are caught in the middle, still paying some of the highest power rates in Latin America. EGE …

2001 News

New fuel prices

Fuel prices per gallon as of Saturday 2 June: Premium Gasoline RD$41.45 Regular Gasoline RD$36.01 Regular Diesel RD$22.69 Premium Gasoil RD$24.78 Avtur RD$20.67

2001 News

Tax evasion in the DR

In her column in Listin Diario, Rosa Maria Jimenez responds to Teofilo Tabar’s disclosure of the many ways taxes are evaded in the DR. (see Tax Evasion explained at http://www.dr1.com/daily/news053101.shtml). She wonders why the department does not do more about this situation. “What is really the problem? Have they not been able to, have they …

2001 News

NBA basketball player gives clinics

Luis Felipe Lopez, the Dominican Republic’s own National Basketball Association player who plays with the Minnesota Timberwolves, is on a two-week vacation in the DR. He has taken time off for sports clinics with the youth in Cristo Rey and Capotillo, two city slum areas.

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Dolores Vicioso – Page 7261

Paying off the old debt

Work begins on posting highway signs

Attracting a Major League franchise?

President visits Capotillo

Verdict favors damaged apartment owners

Optic fiber cable repairs successful

Generators vs. distributors

New fuel prices

Tax evasion in the DR

NBA basketball player gives clinics