2006 – Page 10

The Leon Group, one of the Dominican Republic’s major industrial and financial entities, has warned that the new tax reform would reduce the government’s income from tax collections on products such as cigarettes, beer and rum. They point out that taxes on beer alone will have increased by 364% in under four years. If the …

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Oops! It seems that after removing 27,500 tons of fly ash, misnamed as “rock ash” in the newspapers, there is still some 10,000 tons of the stuff in Samana. The fly ash in Manzanillo is still there, intact. The environmental authorities have still not been able to transfer all the controversial deposits for safe disposal. …

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While the government has promised that it would not increase the generators’ accounts receivables, the current debt is now at the US$100 million level (RD$3.3 billion). During the past two months the government has maintained the electricity rates at October’s levels, but they were “supposed” to go down. Therefore, consumers were paying for the government’s …

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The National Institute of Hydraulic Resources (INDRHI) is cleaning up the Valdez Dam, one of the main sources of drinking water for Santo Domingo and its environs. The INDRHI is cleaning the runoff channels as well as removing the accumulated sediment at the bottom of the lake. According to Frank Rodriguez, who is quoted in …

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Listin Diario and the Hamilton Group have put their fingers on the Dominican pulse and the results are, to say the least, very interesting. A full 92% of those interviewed said that they would favor an “iron fist” figure as their preferred candidate in the next presidential elections, while 79% of respondents said that a …

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Santiago, the golf community and DR1 mourn the death of 33-year old Dominican golf champion Marco Midence of colon cancer complications on Friday morning in Tampa, Florida. Midence was an executive at Banco Popular in Santiago. He was the son of Luis Midence, who compiles the DR1 Daily News and is a professor at the …

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On Friday night, the Gigantes defeated the Tigres del Licey in a slugfest in San Francisco de Macoris, 12-10. The Gigantes lead the head-to-head series 5-4. Over in San Pedro de Macoris, the high-flying Aguilas squeezed out a 4-3 victory over the Estrellas Orientales who appear to be in danger of missing the playoffs. In …

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Meanwhile, during a Christmas luncheon offered to the media at the Presidential Palace, amidst the enthusiasm of those who advocate his reelection, President Leonel Fernandez acknowledged expressions of support but would not announce he would run again in 2008, and said that the announcement would come when the time was right. As reported in Diario …

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“The lion has been calm, but the lion has lifted his ears in the face of new challenges and is aware of the national situation and within our PLD party. When the right time comes once again the roar of the lion will be heard.” These were the words of President Leonel Fernandez as he …

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A Hamilton-Listin poll, printed in today’s Listin Diario shows that 55% of Dominicans are opposed to presidential re-election, while 33% feel that the process should remain the same, where as there is a term and the re-election for a candidate. Ten percent of the public feels that the President should be re-elected without limit and …

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