2001 – Page 190

The Dominican Republic will participate in the Special Olympics Alaska, the world winter games for persons with special needs. The DR will take a 12 athletes to compete in floor hockey. The event is from 4-11 March in Anchorage, Alaska.

The Chamber of Commerce gave its symbolic approval to the Free Trade Agreement with the Caribbean Community (Caricom). The Senate, the government institution that needed to ratify it as per the Constitution, had already passed the agreement. The accord now passes on to the Presidency for his signing, prior to it going into effect. President …

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The Technical Secretary of the Presidency, Rafael Calderon reported that the government is studying offers of a private company that would build and operate train service in the DR. He said the first route would communicate Santo Domingo and Santiago and would offer both cargo and passenger service. Thereafter, routes would continue to Puerto Plata, …

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President Hipólito Mejía doesn’t like the idea of the US dollar being the legal tender in the DR. Neither does Frank Guerrero Prats, governor of the Central Bank favor the idea. The idea has been around for many years, but is again making local headlines as more Latin American countries adopt the US currency. So …

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El Siglo newspaper editorializes today on the difficult situation the Mejia administration is placing upon the Dominican business sector. "It is characteristic of some populist politicians to squeeze entrepreneurs on two fronts: by levying taxes and by increasing social benefits of workers" The newspaper comments that according to the government "the rich" are the businessmen …

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The Secretary of the Presidency, Sergio Grullón represented the government in the ground-opening ceremony for the start of the construction of the Pan American Village adjacent to the Santo Domingo Cyberpark and near to the Las Americas International Airport. Some 720 buildings will go up to house more than 5,000 athletes and delegates expected for …

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The president of the Panamerican Union of Tae Kwon Do, Korean Chad Sok Park visited Santo Domingo and praised the development of the sport here. He commended the efforts of the president of the Federation of Tae Kwon Do, Leonardo Monsanto. He highlighted advances in the sport that led the country to place second among …

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The administrator of the Dominican Electricity Corporation, Cesar Sanchez told the press that the government subsidy to increases in petrol costs, inflation and devaluation of the peso will no longer be absorbed by the government, as reported in El Siglo newspaper. This adds up to about RD$300 million a month. He said that instead the …

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