1998 – Page 49

The same Gallup-El Siglo poll showed that Vice President Jaime David Fernández is expected to become the presidential candidate of the PLD for the elections slated for May 2000. The survey showed that 45.8% of those interviewed considered Fernández should be the PLD candidate. The former senator of Salcedo, psychiatrist and agronomist rated even higher, …

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The Vice Governor of the Central Bank, Luis Manuel Piantini said that the Standard & Poor’s analysis of the Dominican economy (see http://www.dr1.com/daily/news100898.shtml) is flawed. He said when commenting on the effects of the low international reserve levels, the economists of the organization did not take into account that 80% of Dominican imports are made …

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Codetel announced it will invest more than RD$400 million to repair the damages caused by Hurricane Georges in the DR. These damages are estimated at more than RD$600 million. The company will also continue with its plan to install the larger part of the Dominican telephone system underground. Following the passing of Hurricane David in …

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The Los Angeles Dodgers see manager Felipe Rojas Alou as a perfect fit for their team, but for the Dominican, leaving Montreal and the Expos will not be an easy decision. The Dodgers are reportedly making Alou a multiyear contract that is too good to refuse and hope to be able to introduce him as …

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Horse racing will be resumed at the Quinto Centenario Race Track as of 22 October. The announcement was made by Antonio Tueni, general manager of Galapagos, S. A., the company that manages the race track. The simulcasting of the bets from the El Comandante Race Track of Puerto Rico will not take place as that …

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The leading golf players of the DR, and a team representing the Union of Swiss Banks in Panama will participate Saturday in the II Invitational Golf El Peje at the Metro Country Club golf course in Juan Dolio. Five automobiles will be awarded to the first five that make a hole in one in the …

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Expo Europa, the annual exhibition of European goods and services sponsored by the Federation of European Chambers of Commerce, opens today at 8 pm at the convention center of the Dominican Fiesta Hotel. The trade exhibition will then be open from Friday to Sunday, from 10 am to 10 pm. Admission is free. Coming up …

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Apple Vacations, one of the leading sellers of tour packages in the United States, is betting on Punta Cana as a leading sun and beach destination for the new millennium. The tour operator sent two million Americans to Cancún, Mexico last year and is now enthusiastically selling Punta Cana hotels. For starters, the tour operator …

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Kevin Malone, general manager of the Los Angeles Dodgers, met with Felipe Rojas Alou in Santo Domingo to discuss Alou becoming the manager of the Dodgers. Alou’s team, the Montreal Expos has authorized the talks. Malone and Bob Graziano, president of the Dodgers, traveled to the DR to meet with Alou. It was speculated in …

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The Central Bank official market rate is at RD$15.41. Prior to the Hurricane Georges hitting, the official rate for the dollar had been relatively stable at a RD$15.35. Banks had been purchasing dollars for RD$15.25 to RD$15.33 and selling at RD$15.40 to RD$15.65 but a week after the hurricane those needing to buy dollars have …

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