2006News

Abreu pleads for border

Bishop Tomas Abreu is asking legislators to leave Law 28-01 alone. The fiscal reform bill submitted by the Executive Branch would revoke these incentives. This law establishes incentives for investment in industrial assembly facilities with duty free status in the poorest provinces along the north-western frontier. The former bishop of the Mao-Montecristi diocese, a long …
2006News

Asonahores on incentives law

The National Hotel & Restaurant Association publishes today an open letter in the Listin Diario urging Congress to not eliminate tourism incentives established in Law 158-01 and Law 284-02. The law carries tax exemptions for complementary attractions and for tourism businesses, primarily in non developed tourism destinations. Asonahores points out that with the DR-CAFTA around …
2006News

Baseball

On Friday of the All-Star weekend, the Aguilas Cibaenas came from behind to defeat the Tigres del Licey for the eighth straight time, 6-4. Trailing 4-0 going into the ninth inning the Aguilas produced six runs, thanks in part to timely hitting by Tony Batista, Mendy Lopez, Robby Hemlock, Luis Polonia and Melky Cabrera. In …
2006News

DR ready for DR-CAFTA

The Dominican Republic is finally ready to enter DR-CAFTA. All that is needed now is for President George Bush to sign off on it. The Ministry of Industry and Commerce issued a statement explaining that President Leonel Fernandez had announced the modification of Law 340-06 regarding public contracting of goods and services, works and concessions, …