2003News

AFP program begins

Approximately 20,000 individuals have been employed in the nationwide program to enlist residents of the Dominican Republic to the pension plans under the new social security system, which became effective 1 February. Nine pension plan companies (AFPs) have been authorized to sign up the names on company payrolls, as an initial phase of the program. …
2003News

More travelers for summer

The Ministry of Tourism reports that Dominican hotel companies booked 240,000 travelers for the summer during the Spanish Tourism Fair (Fitur2003) event held in Madrid, Spain. Tourism Minister Rafael Subervi announced new agreements with Agencia Abreu, a leading Portuguese tour operator, for four weekly flights from April to October. Other companies signing on additional travel …
2003News

Time for solar energy

The Ministry of Industry and Commerce says it will invest RD$200 million this year in the installation of solar panels to reduce the dependency on petroleum imports. According to a report in Diario Libre, the department has already installed solar panel electrification systems in 41 military posts along the border and 29 computer labs in …
2003News

Power up 12%

Power rates will rise 12 percent in February, meaning that residential consumers will now be billed a fixed charge of RD$5.56, plus RD$2.74 per kWh for the first 300 kilowatt-hours, and RD$3.41 per kWh for all additional kilowatt-hours. The Superintendence of Power Resolution SIE-05-2003, published in newspapers today, also aims the increases at industrial and …