1998 – Page 163

Commercial banks are paying more for the dollar. Commercial banks are purchasing dollars for RD$14.10 to RD$14.30, and selling dollars at RD$14.80, with some selling up to RD$14.95. Street market values may be slightly higher, and the official Central Bank rate remains at RD$14.02. The official rate is that applied to credit card transactions.

The inter-institutional commission in charge of celebrations to commemorate the 500th anniversary of the founding of the city of Santo Domingo has announced that the activities organized for that important event will take place from March to December of this year. Metropolitan archbishop of Santo Domingo, Cardinal Nicolás de Jesús López Rodríguez, Mayor of Santo …

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Several leading Partido Reformista Social Cristiano party members are furious over their exclusion from the official list of candidates of the party to the congressional and municipal elections of 16 May. The party hierarchy (namely President Balaguer and his aides) replaced many politicians that had won the PRSC primaries with their own choices. Hoy newspaper …

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The president of the Junta Central Electoral said that the political parties participating in the municipal and congressional elections of 16 May 1998 have three days to make changes, such as adding a signature in case it was missing on a form. That is, changes will be accepted until 20 March 1998. Dr. Juan Sully …

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Former Minister of Public Works Jimmy Durán said that priorities of that Ministry should continue to be the completion of the expansion of the Autopista Duarte, the expansion of the 27 de Febrero expressway, the reparation of the Duarte Bridge and the construction of a parallel bridge, the completion of the Monte Plata-Sabana Grande de …

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The Inter American Press Association (IAPA) honored German Emilio Ornes, director of El Caribe, with the distinction of life honorary president of the Freedom of the Press and Information Commission of the IAPA. Ornes presided over the committee for several years. A delegation of the IAPA, headed by the president of the organization, Oliver F. …

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The Corporación Dominicana de Electricidad (CDE) has contracted the services of the Cayman Power Barge I, a power plant barge capable of adding over 60,000 kilowatts to the Dominican electricity grid within the next six months. Within two months time, the power plant has committed to produce 35,000 kilowatts. CDE administrator Radhames Segura said that …

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The Listín Diario reported that executives of Murfin Dominicana, the Bayton Geophysical Inc. affiliate, are optimistic there may be commercially exploitable petroleum in Azua, a province about an hour and a half drive west of Santo Domingo. Spokesman Rafael Antonio Noboa said the company is hopeful that petroleum of the kind found in Saudi Arabia …

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The lawyers of one of the confessed assassins of 12-year old José Rafael Llenas Aybar have said they have a list of eight persons involved in the case that have not yet been contacted by judicial authorities. Lawyers Francisco Hernández and Ambiorix Díaz are requesting a supplementary court hearing during which other known suspect accomplices …

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The president of the Federación Nacional de Productores de Tabaco (Fenaprotabaco), Alberto Garcia, said that cigar manufacturers are affected by high prices of farming input, the high cost of skilled labor, and unfair competition practices. The cost of producing cigars has tripled in the past three months. Some 15 factories have closed in Villa González, …

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