1996 – Page 51

Meeting in Santo Domingo last week, the chambers of commerce of Italy in Latin America decided to formulate and define common programs for economics, trade, and investment. In a document called “Compromiso de Santo Domingo,” the Italian chambers of commerce in Chile, Costa Rica, Peru, Venezuela and the Dominican Republic consider it is timely that …

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Ramón Menéndez, vice president for Central Romana, the former Gulf & Western operation, told the Listín Diario last week that the company is now able to produce 120,000 tons of refined sugar, as a result of an expansion of its processing capacity. The company will now be placing an additional 75,000 tons of refined sugar …

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The president of the Confederación Patronal Dominicana, Nassim Alemany, says that the Dominican Republic has not paid its US$400,000 fee to the World Trade Organization, which may impede the country from participating in the banana talks and discussions about the dairy industry.

Last week, the new director of the Lome IV funds in the Dominican Republic, Arístides Fernández Zucco, announced that the European Union has approved some 30 million ECUS (RD$440 million) for joint schemes along the frontier of Haiti and the Dominican Republic. He said that his office is undergoing a restructuring and reorganization to guarantee …

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The Ministry of Finance has reported that the total income tax receipts are up by 14.4% in the first five months of the year when compared to the same period in 1995. The Ministry reported that fiscal revenues contributed RD$9,169.4 million to the total in 1995, but are up to RD$10,489.2 million this year. Of …

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The president of the Asociación Dominicana de Caficultores, Eusebio Guzmán, has told the press that the 1995-1996 coffee harvest ended with production totaling 800,000 quintals and that exports will reach 560,000 quintals, generating US$65 million. Mr. Guzmán said that 1996-1997 should show a 50% decline because plantations in the Cibao and the South have not …

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Jose Manuel Paliza, president of the Consejo Nacional de la Empresa Privada, the principal business organization, said, in a speech at an American Chamber of Commerce luncheon, that the business community’s concern is that politicians “ensure governability, so that we may set out on a joint mission as a nation.” He said that businessmen are …

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President Joaquin Balaguer removed General Enrique Pérez y Pérez as Chief of Police on Monday, 10 June, replacing him with Admiral Antonio Nazir Tejada, who was transferred from the Navy. Gen. Pérez y Pérez was brought out of retirement just three days before the 16 May presidential election, and was in the post for only …

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Refuse continues to pile up in many sectors of Santo Domingo, as the Attwoods Dominicana company and the Santo Domingo city council continue to issue conflicting public statements. Mayor Rafael Suberví Bonilla claims that the Duquesa refuse dump, the main dumping ground for the National District, has ample space for the refuse collected daily while …

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The Dominican National Football Team, currently participating in the qualifying rounds for the 1998 World Cup, has progressed more than any other team this year in the FIFA rankings, going up from number 159 to 116, after defeating Aruba and Curaçao in the first two matches in the eliminatory rounds leading to France 1998. Although …

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