2005 – Page 174

In his presentation during the First Dominican Conference on Corporate Social Responsibility, held yesterday at the Fundacion Global Democracia y Desarrollo, the United Nations Development Program representative Niky Fabiancic highlighted it is time that the nation commit to a Project of a Nation, or a social contract. He said it is necessary, as part of …

Read more…

However, Elena Viyella de Paliza, the president of the CONEP business association, differed on several points from Nicky Fabiancic and the President. In her statement to Diario Libre, Viyella de Paliza said that she did not agree with the UNDP spokesperson’s position on the role of the business community. In her emphatic statement, the CONEP …

Read more…

Ousmene Jacques Mandeng, the International Monetary Fund representative in the Dominican Republic, told reporters form the Listin Diario that statements made by Jesus Saede, senior advisor in the IMF’s Fiscal Affairs Department, during a conference in Costa Rica on the fiscal challenges ahead in Latin America were taken out of context. He explained that Seade …

Read more…

The Association of Dominican Exporters (ADOEXPO) asked the government yesterday to free the national productive apparatus from taxes that are considered to be anti-competitive. At the same time, spokesperson Jose Antonio Flaquer rejected the current fiscal model as being against open markets. Flaquer said that if the government wants Dominican products to reach other markets, …

Read more…

The selective consumer tax (ISC) on beer and other alcoholic beverages has produced more than RD$2 billion so far this year and beer sales have contributed 73% of the total, or RD$1.2 billion. This figure represents an 86% increase over the total for the same time last year. According to numbers provided by the Dominican …

Read more…

The risk assessment by Moody’s has upgraded the Dominican Republic, currently at B3, from “negative” to stable, mainly due to the recently concluded talks that allowed the country to reschedule its payments on the outstanding issues of sovereign bonds. The exchange of the debt, which allows payment in 2011 on the outstanding US$1.1 billion in …

Read more…

A total of 20% of the assistant district attorneys or prosecutors who took the Justice Department’s latest series of exams administered by the Justice Department’s National School (ENMP) have failed. Out of the 773 candidates who sat for the test, 152 did not qualify, and another 125 were classified as “potentially qualified.” Only 81 of …

Read more…

The magistrate at the National District’s Fifth Court of Instruction has rejected a request for dismissal in the case of the recovered vehicles that were assigned to high-ranking Police officials. These vehicles were reported as stolen, recovered by the Police but not returned to their owners. The discovery of hundreds of such cases prompted a …

Read more…

Quirico Rojas Caram, sought in the murder case of husband and wife Joel Sarmiento Diaz and Yaniris Ruiz Sanchez was found dead in a Jarabacoa motel, Cabanas El Momento. He was a fugitive from justice for his supposed involvement in the murder of the couple whose burned bodies were found in Azua and for which …

Read more…

President Abel Pacheco of Costa Rica said he would return the honorary membership to the Cap Cana beach club he received during a recent visit to the Dominican Republic. Pacheco made a stopover in the DR on his way back to Costa Rica after attending the Washington, D.C. FTA summit. He attended the inauguration ceremony …

Read more…