2005News

WTO secretary visits

The Ministry of Tourism announced yesterday the visit of Francesco Frangialli, secretary general of the World Tourism Organization. He is a last minute participant in the presentation to the Barahona/Pedernales community of the Ministry of Tourism program for the hotel development of the area. The workshop program had featured Henryk Handszuh, as representing the WTO. …
2005News

New anti-corruption commission

Executive Branch Decree No. 101-05 creates the National Commission for Ethics and Fighting Corruption, a mixed public and private sector entity. President Leonel Fernandez swore in the members of the commission that is presided by minister sans portfolio, Jose Joaquin Bido Medina at the Presidential Palace yesterday. Government members in the commission that seeks to …
2005News

National debt to continue climbing

Diario Libre reports today that the Fernandez government has plans to take advantage of loans offered by the Brazilian government’s Banco Nacional de Desarrollo Economico y Social to support Brazilian export companies. Brazilian ambassador Ronaldo Edgar Dunlop said that the bank has available resources to support the Brazilian-French consortium that will be participating in the …
2005News

US$100 million for Aerodom

The World Bank announced yesterday that they had approved US$10 million in loans destined for Aeropuertos Dominicanos Siglo XXI (Aerodom). The International Financial Corporation, an entity of the World Bank that specializes in projects related to sustainable development within the private sector of developing nations, will oversee the loan. The financing consists of a US$45 …
2005News

Car sales on the increase

The Listin Diario reports that dealers expect car sales to reach 13,000 units this year. Last year sales were 11,899 new cars. In 2003, some 12,959 units were sold. The newspaper highlights that the best selling vehicles were all-terrain units (jeepetas and pickups), with 3,520 units or 30% of the total.