2003News

Gas crisis possibly over

The headlines in every Dominican newspaper proclaimed the same message: Anadegas (the association of retail petrol stations) and the government have reached a preliminary accord. For the general public, this brings hope of relief from long lines waiting to buy diesel or gasoline in some cities, including Santiago, where supplies were running out. According to …
2003News

New transport rates

Yesterday?s announcement that the Dominican National Transportation Federation (Fenatrado) would increase rates for moving trailers around the country has caused serious concerns for many industrialists using their services. According to the Listin Diario, the Fenatrado decision will elevate haulage rates by as much as 100 percent. Ivan Garcia, of the Dominican Federation of Businessmen (FDC), …
2003News

CONEP applauds measures

The National Council of Private Business (CONEP) told the press yesterday that the demonetization of RD$300 million pesos was a positive step towards lowering the exchange rate between the peso and the dollar. Nevertheless, the business group emphasized the need to accompany this measure with other ?prudent? monetary policies in order to normalize the exchange …
2003News

Always electricity

The Superintendent of Power, Julio Cross told reporters yesterday that he felt some agreement would be reached in today?s meeting with the power generators and the electric distribution companies that aims to reduce the impact of a proposed 20-percent increase in electrical bills for March. Cross said that the government is doing everything possible to …
2003News

Some nasty numbers

The United States of America has returned 17,289 convicted criminals to the Dominican Republic since the program began. Of this number, 12,964 were convicted in the US court system and serving sentences for drug-related crimes, says the story published in today?s Hoy newspaper. More alarmingly, however, is the fact that 442 of the expelled were …