2006 – Page 26

Friday night saw the red-hot Gigantes de San Francisco de Macoris shut out the hapless Leones del Escogido 4-0, extending their winning streak to 13. In Santiago, Jose Lima pitched eight innings of one hit baseball and the Aguilas Cibaenas defeated the Azucareros from La Romana 7-1. In San Pedro de Macoris, the Estrellas Orientales …

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Verizon Dominicana and the Dominican government have reached a tentative agreement, a move that settles the dispute over capital gains tax payment totaling US$518 million, the press was told. Diario Libre writes that the deal, which is reportedly for US$200 million, less than half of the government’s original request, will be finalized today, when all …

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President Leonel Fernandez will be speaking to the nation early next week in order to describe, in detail, the fiscal reform. The reform, which has been under public scrutiny since it was announced, looks to collect an extra RD$18 billion. Press Secretary Rafael Nunez will announce the time and date for the President’s speech at …

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National Planning Office (ONAPLAN) director Guarocuya Felix has revealed that as part of the imminent cuts in public spending, government workers’ salaries will be reduced. Felix stressed that this was not the only move the government was making in order to cut spending, but did explain that the budget for 2007 will depend on the …

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The Office for the Reorganization of Transport (OPRET) has finished the 600-meter section of the Santo Domingo Metro that extends from 27 de Febrero Avenue to the National Theater. The excavation on the section began on 13 May and was expected to be finished in two months. This has actually taken five months, due to …

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Foreign Relations Minister Carlos Morales Troncoso said that the Dominican Republic is willing to join in the international effort to help Haiti emerge from its continuous crisis, while stressing that the Dominican Republic is not prepared to compromise its sovereignty with regards to migratory issues. Speaking at the International Conference for the Economic and Social …

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By the look and sound of it one would think that Presidential elections are next week, but the reality is that the hype over the next President is causing current work to be neglected by government officers. Diario Libre reports that none of the 51 points on the Chamber of Deputies’ agenda yesterday were covered …

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Electricity Superintendent Francisco Mendez says that Law 125-01, approved in 2001, which obliges the energy distributors to credit users for the hours that they do not have power, was way too ahead of its time and that there has been no real progress in the energy situation. He is quoted in Hoy newspaper as saying …

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American Ambassador Hans H. Hertell says that on 8 December a group of American congressmen and women will be visiting the DR to conduct a preliminary study of the economy before DR-CAFTA goes into effect. Though he didn’t have the full agenda of the trip, Hertell said that the group would visit some bateyes and …

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Negotiations between the Coral Tourist Corporation, owner of the Coral Hotels, and Grupo Globalia, owner of Air Europa, Viajes Halcon, and Viajes Ecuador are at advanced stage, according to Hoy newspaper. Hoy is also reporting that the BHD bank will not be part of the negotiations between the two companies because since October 2005 the …

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