2004News

Sugar Daddy Decadence

The Wall Street Journal’s Mary Anastasia O’Grady writes today to explain big business interests versus consumer interests, the underlying factors behind the DR-CAFTA impasse over the corn syrup tax. Given the status quo, O’Grady explains that individual and industrial consumers in the US and the DR pay a very high price due to the protected …
2004News

Push for clusters

The National Competitiveness Council will step up efforts to strengthen industry clusters as part of a strategy to bolster local competitiveness, as reported in Hoy newspaper. A “cluster” is the term for the geographical concentrations of interconnected companies, specialized suppliers, service providers and associated institutions in a particular field. In an interview with Hoy’s economic …
2004News

A plea for peace and quiet

The National Police, in conjunction with the Ministry of Environment and the District Attorney’s office, will begin an initiative today to reduce and control unnecessary noise. General Simon Diaz, the NP’s spokesman, made the announcement and said they would be visiting city stores and entertainment centers and would be monitoring vehicles that circulate with loudspeakers. …
2004News

Beer prices drop

The Cerveceria Nacional Dominicana announced a RD$5 reduction in the price of the 22-oz bottle of Presidente beer. Presidente’s brand of beer will now cost RD$30 per12-oz bottle and RD$45 per 22-oz bottle. The company also announced reductions in the prices of their other brands: Bohemia, Ambar, Miller and Heineken beers, Malta Morena and Lowenbrau …
2004News

Plan Renove officials released from jail

Judge Victor Martinez ordered the release of 10 of the 12 men accused of the RD$1-billion fraud against the state and other irregularities in connection with Plan Renove. Attorney General Francisco Dominguez Brito filed the charges against those behind the governmental transport plan, including six cabinet ministers from ex-President Hipolito Mejia’s administration. Pedro Franco Badia …