1998 – Page 26

The Association of Foreign Firms (ASIEX) has announced that during 1999 it will conduct the first detailed inventory in decades of all foreign investment in the Dominican Republic. ASIEX says that a comprehensive study with reliable data is long overdue, and will assist Dominican government agencies in planning strategies, policies and programs, and in promoting …

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The Administrator of the National Lottery, Taina Gautreau de Windt, announced yesterday that her organization will be awarding 30,000 scholarships for the children of lottery ticket vendors to attend university. She announced the new program at the launch of the Fifth National Census of Lottery Ticket Vendors, which collects statistics on the quality of life …

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It is not yet official, but the news daily Listin Diario says that "irrefutably credible" sources tell it that the Twelfth National Games (Romana ’99), scheduled to be held next year in La Romana, will be delayed until the year 2000 because of damage to sports facilities caused by Hurricane Georges. The National Games, last …

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The local subsidiary of the oil company Shell will sponsor a championship car rally in the Dominican Republic December 4-6. Co-sponsored by the Quisqueya Auto Club and Dominican Racing Federation, the rally will be held in two parts and last approximately eleven hours. Both parts of the rally will start in the parking lot of …

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The seemingly unstoppable Cibao Eagles defeated the Escogido Lions 5-3 yesterday, increasing their lead in the Winter Professional Baseball Tournament to six games over the second-place Licey Tigers. Tonight at 8:00 pm Licey will play Escogido in a match rescheduled due to rain.

The President of the Association of Industries of the Dominican Republic (AIRD), Nassim Alemany, argued yesterday that it was not necessary to raise the Transfer Tax on Industrial Goods and Services (ITBIS) in order to compensate for revenue losses from tariff cuts, as the government has argued. Alemany argued that lower tariffs will probably increase …

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The U.S. Coast Guard, working in cooperation with the DR’s National Drug-Control Directorate (DNCD) and the U.S. Drug Enforcement Agency (DEA), yesterday seized over 1,000 kilos of cocaine. The interdiction was made in Dominican territorial waters as drug traffickers were in the process of transferring the cocaine to speed boats to transport it to Puerto …

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At dawn yesterday police units swept through 14 low income sectors of Santo Domingo where they say they have received the most complaints of violent crime – robberies, gang activities, etc. Known as "Operative Los Olivos," the coordinated operation resulted in the arrest of 146 people, plus the seizure of a number of fire arms …

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The Cibao Eagles defeated the Licey Tigers 3-1 at Quisqueya Stadium yesterday, increasing their lead over the second-place Tigers to five in the Winter Professional Baseball Tournament. Meanwhile the rescheduled (due to rain) game in San Francisco de Macorís between the Escogido Lions and Northeast Giants had to be postponed yet again due to rain. …

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To the surprise of many, the Congress and government officials announced yesterday a consensus on the national budget for 1999. With the many political battles now underway between the Dominican Revolutionary Party (PRD) and Dominican Liberation Party (PLD), few expected an accord to be reached only one week after the PRD-controlled Congress created a bicameral …

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