2004 – Page 11

Foreign Relations Minister Carlos Morales Troncoso traveled yesterday to El Salvador to participate in the 25th meeting of heads of state and government members of the Sistema de Integracion Centroamericana y Republica Dominicana that opens Wednesday in San Salvador. President Leonel Fernandez had been originally scheduled to attend, but delegated in Morales Troncoso to take …

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The National Theater announced yesterday that its air conditioning system is up and working. The Fernandez government authorized the installation of a 150-ton new unit worth US$925,000, supplied by Prieto Nouel Electromecanica, SA. The company guarantees the unit for one year and a maintenance contract was signed. In its final months, the Mejia administration had …

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Eduardo Tejera presented his credentials to Governor General Adrienne Clarkson at Rideau Hall in Ottawa, as he becomes the Dominican Repbulic’s new ambassador to Canada. Tejera, who replaces the outgoing Eduardo Fernandez, traveled to Canada with his wife, lawyer Ana Isabel Messina, and children, Adriana and Sebastian. Tejera is an economist and business consultant.

The Association of Commercial Banks of the Dominican Republic reported yesterday that the average interest rate on loans has dropped 10% in the past six months, as reported in the Listin Diario. Furthermore, yields on certificates of deposit have remained stable at approximately 21%. The average interest rate for business loans in April-May was reportedly …

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The Central Electoral Board (JCE) voided personal documents (birth, marriage and death certificates) that had been detected as forged documents, according to JCE president Luis Arias. He said they would bring 10 employees to justice under charges of forgery. He confirmed there had been alterations made to seven books and 48 folios of the civil …

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The Ministry of Environment has revoked an environmental permit to build that had been granted to the resort called the Bavaro Beach and Golf Resort in the La Altagracia province. The 300-room, 269-villa resort was being erected based on a license (No. 0043-03) signed by former Deputy Minister Rene Ledesma, despite two differing opinions from …

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The Central Bank disputes the sales contract signed by the previous authorities with a group known as Playa Grande Holdings. Originally, there had been talk of the Kohler Corporation buying into the North Coast development, but sources indicate that Kohler has nothing to do with the group interested in the valuable property. The Central Bank …

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The Ministry of Environment has issued an order to prevent the operation of the “house of terror” located at Paseo de los Locutores, near Winston Churchill Avenue, from opening. David La Hoz of the Ministry sided with neighbors, who have complained about the high level of noise emanating from the new spot that has yet …

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San Jose de Ocoa will be the first town in the Dominican Republic to implement worm composting to reduce the amount of garbage generated and put the garbage to good use. Engineer Victor Polanco, the winner of a US$4,500 Ford Foundation award for environmental conservation, is implementing his plan in the La Cienaga de Naranjal …

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Father Gustavo Carles Lazo, the director of the Los Peralejos parochial school, criticized the fact that more money is being invested in the Armed Forces than in education, and the country is not at war, reports Hoy newspaper. “It is sad that in this country so many millions are invested in the Armed Forces and …

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