2000 – Page 116

The Dominican Republic basketball team won the gold medal in the Torneo Centro Basket held in Panama. The DR won the right to play in the Panamerican Tournament that starts in Brazil on 17 July. The three top placing teams in that event will go on to play in the World Basketball Tournament scheduled for …

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The Department of Migration announced today it will no longer require a residency visa for foreigners living in the DR and applying for residency. The decision could reduce by half the time it takes to regularize one’s status, according to Román Medina Diplán, director of the Puerto Plata office of the law firm Russin, Vecchi …

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The District Attorney continues to successfully enforce the new ruling that penalizes owners of bars and discotheques that allow minors (persons under 18 years old) on their premises. In the past, groups of teenagers frequented city discotheques. Many parents gave in to the peer pressures felt by their own teenagers, and allowed them to go. …

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El Siglo newspaper reports that President Leonel Fernandez met last Saturday with representatives of power distributors, generators and CDE executives to urge these to stop the volleyball of accusations being thrown at each other in the local press. The newspaper’s sources say that the statesman ordered generation projects to be accelerated, that debt be conciliated …

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Hoy newspaper reports that the new Aeropuerto International Nueva Isabela in northern Santo Domingo will be finished this month. Dr. Radhames Jimenez, director of the Airport Department said that work is well advanced. He said that the new airport that is located near Villa Mella will be able to start cargo and passenger operations at …

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Banker Ramón Báez Figueroa was appointed president of the Editora Listín Diario. 44-year old Baez Figueroa is president of the Grupo Intercontinental (Baninter). Báez Figueroa replaces Eduardo Pellerano Nadal, who assumed the chief executive position of the newspaper at the death of his father, Rogelio A. Pellerano. Báez’s brother, José Miguel Báez Figueroa, had been …

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The Banco BHD and Banco Fiduciario announced a merger. The merger of the operations will be effective 1 January 2000. The banks will continue operating independently until 31 December of this year. The agreement brings together capital of RD$1,300 million, assets of RD$14,500 million, 70 offices and branches and 90 ATMs throughout the nation. Both …

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An encounter of chambers and businesspersons of Latin America and the Caribbean will take place in Santo Domingo this week. The "VIth Conference and Business Matchmaking of the Chambers and Businesspeople of the Caribbean and the Americas" is scheduled for 6-7 July, 2000 at the Hotel Hotel Melia. The Santo Domingo Chamber of Commerce hosts …

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A large fire destroyed the main three movie houses located in the northcentral city of San Francisco de Macorís. The Palacio del Cine, A, B and C movie halls were seriously affected. While several persons were treated with oxygen after inhaling the intoxicating fumes, no one was seriously injured, and everyone evacuated the premises in …

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Chief of the Police, Major General Pedro de Jesus Candelier announced the suspension of the surprise raids on barrios in slum areas. The decision is part of the reform and modernization plan of the police force, according to reports in Listin Diario and El Siglo newspapers. "The new times demand a Police that uses modern …

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