2000 – Page 217

2000 News

6% GDP growth forecast for 2000

The governor of the Central Bank, Hector Valdez Albizu forecast that the DR economy will grow 6-6.5% next year, while inflation will be 4-4.5%. In 1999, the Gross Domestic Product grew 8.3% compared to 1998, and inflation was 5.9%. Valdez estimated that gross international reserves this year should increase to US$976 million, up from US$876 …

2000 News

OAS invited to observe election

The Junta Central Electoral, the Dominican election board, invited the Organization of American States to send a mission to observe the May 2000 presidential election. In a letter to Cesar Gaviria, Secretary General of the OAS, Manuel Ramón Morel Cerda, president of the JCE, expresses his interest in Gaviria himself coming as an observer.

2000 2000 Travel News Archive News Travel

Casa Marina is big winner of Gastronomy Festival

Chef Leonel Almonte of Casa Marina and chef Juan Bautista of LTI Sol de Plata were the big winners of the 4th Sosua-Cabarete Gastronomy Festival held at the Qualton Club in Sosua, Puerto Plata. Casa Marina won the most first place awards for Best Dish with "Ceviche de Mango Cibaeño," first place in soups with …

Caribbean World Series

The DR is tied with Puerto Rico in the lead of the Caribbean World Series taking place in Santo Domingo. The DR team defeated Venezuela 5-3. Puerto Rico defeated Mexico, 9-2. Puerto Rico and the DR are the favorites to win the series. The series will last through 7 February and matches the winning teams …

Motorcycling competition

There will be intense motorcycling action at the Las Americas Autodrome of the Las Americas Highway this weekend. Action will take place Saturday, 5 February, starting at 11:30 am and on Sunday 6 February as of 10 am. Competitors are coming from Cuba, Haiti, Puerto Rico to participate in the first competition of the Campeonato …

La Vega Carnival starts 6 February

Unión Carnavalesca Vega announces that starting this Sunday, 6 February the La Vega Carnival, the best in the Dominican Republic, is on. More than 1,500 Dominicans and their most colorful devilish costumes will parade along La Vega city streets from Las Flores to Las Palmas parks. Several tour companies are offering excursions. And leading merengue …

Rock and Hispanic music

"Men at Work," the popular Australian rock group will be playing at the Salon La Fiesta of the Hotel Jaragua on Sunday, 6 February. The group won the 1982 Grammy Award. They are known for their hits: "Who can it be now?" "Down under," Be good, Johnny," "Catch a Star, "Everything I need," "It’s a …

2000 News

More electricity woes

El Siglo newspaper reports that the government will have to disburse RD$283 million a month to subsidize the electricity system. This is RD$80 million more than what was paid out prior to the privatization of the state electricity utility (CDE). Of the total sum, RD$50 million is assigned to the CDE that is picking up …

Puerto Plata sky lift to open in February?

Deputy Minister of Tourism for Puerto Plata, César José de los Santos announced that the Italian company that was paid a reportedly additional US$25,000 to install a new motor in the Puerto Plata skylift has promised to have this in place this month. He said the skylift to the top of Isabel de Torres Mt. …

2000 News

Tax collections up in January

Tax collections were up in January, according to a news item in the Listin Diario. The Dirección General de Impuestos Internos reports a record RD$1,703.7 million was collected in January. This is a 25% increase over the RD$1,367.3 million collected for the same period in 1999.

Search

Search

2000 – Page 217

6% GDP growth forecast for 2000

OAS invited to observe election

Casa Marina is big winner of Gastronomy Festival

Caribbean World Series

Motorcycling competition

La Vega Carnival starts 6 February

Rock and Hispanic music

More electricity woes

Puerto Plata sky lift to open in February?

Tax collections up in January