2005News

Tricom prepares to be sold

The country’s second largest telecommunications provider, Tricom, is preparing to be sold, according to Debt Wire, a subscription website on economic and financial intelligence information. Clave Digital reports that the information is based on sources close to the company and mentions an approximate figure of US$325 million when referring to the potential sale offer which …
2005News

Food prices increase

The prices of most basic foodstuffs have registered significant increases in supermarkets and stores around the country. A report in Listin Diario indicates that the increases, which began two weeks ago, are attributed to the increase in the foreign exchange rate and the high cost of petroleum on the international market. For example, the price …
2005News

AG: violence is reduced

The Attorney General, Francisco Dominguez Brito, estimates that violence has diminished by 10%, as there were 206 violent deaths in August compared to July when there were 250. He attributes the decline to the efforts currently being made by different government departments through the Plan for Democratic Security. Dominguez stated he trusts that the current …
2005News

Ethanol agreement signed by DR and Brazil

The Dominican and Brazilian governments signed a statement of intent yesterday, establishing mutual cooperation in the development of ethanol production and use techniques. According to El Caribre, the document was signed by Foreign Relations Ministers Carlos Morales Troncoso and Celso Amorim, in Guatemala, after the conclusion of the Summit of Heads of State and Government …