2006News

Taking steps backwards

The president of the American Chamber of Commerce, Kevin Manning said yesterday that the tax reform pushed forward by the Fernandez administration has reduced the DR’s competitiveness when compared to its Central American competitors, in a year when the free trade agreement the country has signed with the United States is to start. Manning expressed …
2006News

Low wattage light bulbs

Next Monday, several neighborhoods in Santo Domingo will benefit from the first phase of the government’s energy and fuel saving program with the substitution of more than two million regular light bulbs for low-wattage fluorescent bulbs. A report by Diario Libre says that this program is costing US$2 million. El Caribe reports that Industry and …
2006News

Opportunities within DR-CAFTA

The National Competitiveness Council, together with the US Embassy, the American Chamber of Commerce and the Fundacion Global Democracia y Desarrollo are hosting workshops on DR-CAFTA nationwide. They are releasing results of research compiled by the firm of Araujo Ibarra & Asociados on the business opportunities within the Dominican Republic and Central American trade agreement …