1999 – Page 220

Customs yesterday launched its new "Express Dispatch" service for those importers that demonstrate "clear and transparent behavior" in their customs operations. With the new service, certain types of imports can be off-loaded from ships and put on transport trucks within hours, rather than the days that such steps required in the past. The reduction in …

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Yesterday the President of the Dominican College of Engineers, Architects and Surveyors (CODIA) announced that his organization was sending to the Attorney-General a report which lays responsibility on the former leadership of the Public Works Ministry for the faults and deficiencies of the RD$300 million Avenida Jacobo Majluta project north of Santo Domingo. The CODIA …

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The news daily El Siglo reports that, according to statistics provided by the Central Bank and the Finance Ministry, 95% of the revenue generated during 1998 by the tax on petrol went to paying off foreign debt and to reconstruction after Hurricane Georges. Until the hurricane, the government was depositing most of the tax revenues …

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The Central Bank and Superintendent of Banks have contracted with Spanish bank expert Arist?bulo de Juan to work with them to strengthen the system of bank supervision in place since 1993. De Juan formerly was the Director of the Banco Popular Espa?ol, and subsequently worked for the World Bank as a banking reform advisor before …

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The Office for the Promotion of Foreign Investment in the DR (OPI) will host the "First Roundtable of Caribbean Investment Promotion Agencies" March 19-20 in Santo Domingo’s Jaragua Hotel. The event is sponsored by the World Bank Group’s Foreign Investment Advisory Service (FIAS) and Bank affiliates the International Finance Corporation (IFC) and the Multilateral Investment …

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Miguel Rosado, the candidate backed by PRD in the elections for rector of the state-funded Autonomous University of Santo Domingo (UASD), won yesterday’s second-round of elections with a solid margin: 1,414 votes (60%) versus 942 (40%) for his PLD-backed opponent, Iv?n Brugal. The highly-politicized UASD is the oldest university in the Americas. It is heavily …

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American John Cipolla won the third stage of the 20th National Independence Tour, the most important bicycle race of the year in the DR. Cipolla, part of a four-member team from Miami, won the 126.3 kilometer segment from La Romana to Santo Domingo with a time of 2:35:33. After yesterday’s segment, the individual in first …

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Brugal rum is sponsoring the following big band orchestras to play at the Avenida del Puerto in the Colonial City, starting at 9 pm:Tuesday, 23 February: V?ctor Roque y la Gran Manzana Wednesday, 24 February: Manol? y La Banda del Truco Thursday, 25 February: Banda X Friday, 26 February: Parada Joven y Juan Manuel Saturday, …

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The government opened on Saturday the Arroyo Barril International Airport in Saman? for domestic flights and small international carriers, such as American Eagle. The government has spent almost RD$300 million in the expansion of the airport. Arturo Villanueva, vice president of the Hotel Association, says he is optimistic some 15 to 30 flights a week …

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The Accor hotel group, the largest in the world, is advancing on the remodeling of two hotels in the Colonial City area of Santo Domingo, in addition to the Hotel Franc?s already operating under the Sofitel brand. The Hotel Franc?s, already in operation, has 19 rooms and operates in a 16th century building. It opened …

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