2001 – Page 220

The Dominican Association of Cable Companies firmly opposes the intent of an Unión Fenosa affiliate to enter the business of cable TV and telecommunication market by benefiting from a Dominican Electricity Corporation monopoly. Legal spokesman for the company point out that Unión Fenosa came to the DR as an advisor to the Dominican Electricity Corporation …

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Weekend newspapers pointed out the across the border increases in goods sold locally that has occurred in January. The increases have occurred after the passing of the new taxes by the government. The new taxes call for businesses to make monthly payments of 1.5% on income tax, and called for increases on tax paid on …

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Hoy newspaper points to the skepticism the government announcement of Year 2001 as Year for the Fight against Poverty. Residents in the DR saw the year start with the domino effect of price increases of almost all items, as a result of new taxes. The newspaper points out that the civic society favors combating poverty …

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Former President Leonel Fernandez broke his silence to urge the Mejia administration to eliminate the 5% charge on exchange transactions. He said that the 5% was only justified while the government did not increase fuel prices. He said that with the increase of fuel prices, and the increase of ITBIS, and the tax on select …

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Antonio Turbí, the Dominican Quixote who made a name for himself defying all odds to foster competition, announced a two-week sale of gasoline at his three stations. Turbí is offering to return to consumers RD$2.00 on each gallon of gasoline purchased. A Ministry of Industry and Commerce ruling stopped him from dropping the price of …

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El Siglo newspaper publishes the story of a former director of the Dominican Social Security Institute (IDSS), Sabino Baez that over a 10-month period irregularly charged to his government credit card RD$736,000 in goods and services. The story of corruption in government is another of a long list that usually appears at the time of …

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The PLD accepted the creation of the position of acting president while establishing in its by laws that the spokesman for the party will be the secretary general. The PLD during its National Convention also determined that the spokesman for the Political Committee will be the secretary general and the former president and vice president …

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Listin Diario publishes today that a recent mother agreed to breastfeed 12 fellow passengers of 17 on board a small boat that had attempted to make it to Puerto Rico but failed. The boat was rescued near Nisibón along the eastern coastline. The family members of the passengers had alerted authorities that the boat had …

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Minister of Public Works Miguel Vargas said during the government council held yesterday that the new bridge over the Ozama River, parallel to Duarte Bridge, will be ready by May. It is going up at a cost of RD$540 million. He said that the repairs of the old Duarte Bridge will take longer as the …

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