2005News

Expensive medicines

Elena Fernandez, director of Promese, the governmental generic medicine program, told Hoy newspaper yesterday that medicines in the Dominican Republic are the second most expensive in the world. She said the medicine market in the DR is rife with fraud, contraband and illegal trade, in addition to high profitability. She explained that only pharmacies apply …
2005News

World Bank on DR-CAFTA

The World Bank has issued preliminary conclusions on an imminent report on the opportunities and challenges presented by DR-CAFTA for boosting long-term growth and reduce poverty. The World Bank is positive about the agreement, explaining that it would lock in benefits offered today under the Caribbean Basin Initiative. But on the other hand, it comments …
2005News

No to Conatra vehicles

The Customs department has announced that it will not authorize a reduction in import taxes on the 1,000 Vietnamese-made buses the transport union Conatra is in the process of importing. As reported in Diario Libre, Customs deputy director of operations, Luis Sanchez said that the International Monetary Fund sets limits on the tax concessions the …
2005News

Internet purchases

Diario Libre, in its page two editorial commentary by Ines Aizpun, has suggestions on how the government can make savings instead of increasing taxes. She says that just recently a governmental mission traveled to Chile to study how the Chilean government uses the Internet to make government purchases. Aizpun comments that the mission consisted of: …
2005News

Ethanol gas stoves

The Ministry of Industry and Commerce has announced a tender aimed at contracting the companies that will install the first 1,500 ethanol-powered stoves. The plan is to gradually replace the use of liquid propane gas with ethanol, which is locally produced and more economical. For the pilot program, the government will import ethanol, before phasing …
2005News

Mejia and Bladimir

This morning’s Listin Diario publishes a front page photograph of Bladimir Garcia Jimenez, recently jailed in New York for drug smuggling links to the Quirino Paulino Castillo case (arrested for the possession of 1,387 kilos of cocaine in the DR), apparently making a toast while sitting at a table next to former President Hipolito Mejia. …