2005 – Page 97

Without a doubt, the Sans Souci project is a big one, indeed. The construction of hotels, a convention center, apartments and parks on the 496,000 square meter section will cover both the east and west banks of the Ozama River as it meets the Caribbean Sea. As told by Lisandro Macarrulla, president of Inversiones Turisticas …

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The Dominican Senate approved yesterday the US$90 million loan that will finance the aqueduct needed in the Northwest Line. The money will come from the National Bank of Economic and Social Development of Brazil (BNDES) and the Deutsche Bank, and will be used to expand the existing water system that was begun during the Balaguer …

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In an attempt to regulate the comings and goings of foreigners in the Dominican Republic, the authorities are widening the debate over the regulations that will allow for the application of the Immigration Law. The National Council on Migration met yesterday with politicians and business people at the Pontifical Catholic University “Madre y Maestra” (PUCMM) …

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The much celebrated helicopter that belonged to Quirino Paulino Castillo, the accused drug trafficker now on trial in New York City, went unclaimed at the public auction announced by the Attorney General’s office last week. The Santo Domingo district attorney had to call the auction “void” since non of the bidders were willing to pay …

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216 x 12 = 2592. The very somber numbers reveal that an average of seven people die a violent death each day in the Dominican Republic. Over the past seven months a total of 1,513 people have died as a result of robberies, fights, and “exchange of shots.” The numbers also show that 70 women …

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The population of the “24 de Abril” barrio are victims of a series of daylight robberies and the cops are not doing much about it. This, despite the fact that there are not one but two police precinct houses in the barrio. Young people can’t leave their houses to study or work or to have …

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Marc Anthony and Jennifer Lopez are coming for the opening night of the Presidente Latin Music Festival. The event is sponsored by Presidente beer. The festival opens 14 October at the Felix Sanchez Olympic Stadium in Santo Domingo. Presidente beer let be known that the couple will together receive US$1.2 million for their Santo Domingo …

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President Leonel Fernandez received yesterday the preliminary tax reform project that includes the elimination of several low-collection taxes, that increase bureaucracy in the government, as well as the exchange rate commission and other taxes that hinder the competitiveness of businesses. Diario Libre reports that the project includes the compensations demanded by the business sector but …

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The government will implement a National Plan of Saving and Rational Use of Energy which will be ordered by a presidential decree. President Leonel Fernandez received the proposals for the plan from the Director of the National Energy Commission, Ruben Montas and the Technical Secretary of the Presidency, Temistocles Montas, according to a report in …

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The Dominican government must receive more than US$302 million in loans to be able to finalize the deal with Spanish power company Union Fenosa, formerly responsible for two-thirds of the energy distributed in the DR, according to the Technical Secretary of the Presidency, Temistocles Montas. A report in El Caribe states that the deadline for …

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