2006 – Page 315

The Dominican Republic’s “dream team” list for the first World Baseball Classic was released today. The preliminary roster of 60 players that may participate in the 2006 World Baseball Classic includes most of the Dominican stars in Major League Baseball. National League MVP Albert Pujols is there, as is the trio that made all the …

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President Leonel Fernandez said that the Dominican Republic would be maintaining its close ties with Taiwan for strategic reasons, and would like to strengthen the relationship based on receiving investment, not donations as in the past. He commented that he is aware that Taiwanese businesses have invested over US$300 billion in China. “Why couldn’t these …

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Minister of Foreign Relations Carlos Morales Troncoso and Dominican ambassador in London, Anibal de Castro announced during the Workshop on Foreign Policy that President Leonel Fernandez would be accepting an invitation by Queen Elizabeth II to visit the United Kingdom in March. President Fernandez said he would also be visiting Taiwan and South Korea this …

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The local director of the Coordinating Office for Trade Agreements, Julio Ortega Tous has told El Caribe that the country has resumed consultations for the signing of a free trade agreement with Canada and has plans to start conversations for another one with Mexico, as both would complement the DR-CAFTA agreement with the US and …

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The Department of Taxes (DGII) has announced that wages paid this month are exempt from income taxes up to RD$276,422 a year, or RD $23,035 per month. Those making RD$276,422.01 to RD$414,632 will pay 15% or RD$20,732. Those making RD$414,632.01 to RD$575,878 will pay RD$20,732 plus 20% of the surplus over RD$414,632.01. Those making RD$575,878.01 …

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The government is proud of its efforts to lower the inflation rate, and justly so, according to the latest report from the Central Bank. According to the report, the government’s fiscal policies have succeeded in achieving a 7.4% year-end inflation for 2005, well below the 28.7% for 2004 and within the IMF guidelines. The Central …

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Three hundred more Dominican troops have been sent to the border town of Dajabon. They are members of the Air Force and the First Brigade, the Army’s elite brigade. The soldiers will reinforce the patrols along the frontier in an effort to supervise the Army’s efforts to control the illegal migrations coming from Haiti. Currently, …

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The much-ballyhooed government plan to reduce fuel consumption in the Dominican Republic, announced by President Leonel Fernandez last September is simply not working. The only measure that is working is the revamping of the “publico” system, where the cars work one day and the other half work the next. But looking at the overall package …

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Transportation czar Diandino Pena has announced a tender for the construction of the Metro Station in Villa Mella. The exact location of the construction site was not immediately available. The OPRET director and minister of state also said that any legally constituted company was eligible to compete in the bidding, as long as it was …

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The director of the department building Santo Domingo’s controversial first metro line, Diandino Pena is a leading investor in the largest tourism development under way in Samana, Las Terrenas Country Club, according to a report in Mercado Magazine, carried by Cicom’s Resumen Turistico. Joan Giacinti, former operator of airline services at Las Americas International Airport …

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