2006News

Prisoner of his success?

Economist and director of the Economic and Development Foundation Jaime Aristy Escuder is quoted in Hoy newspaper as saying that President Leonel Fernandez is a prisoner of the PLD party’s leadership, the Political Committee, and that this is preventing him from making major changes or the necessary moves to help the population. Aristy points out …
2006News

Tax reform gets hotter

The Presidential announcement that the Dominican people would be undergoing a third tax reform in three years has moved just about everyone to emit an opinion. The Superintendent of Banks, Rafael Camilo, one of President Fernandez’s closest advisors, said that the current luxury taxes on cigarettes and alcoholic beverages would be changed to an ad …
2006News

Top-heavy CDEEE

There was a political cartoon over the weekend that showed a voice coming from the seat of government and shouting “Health, education and electricity!!! Health education and electricity!!! Health education and electricity!!! Can’t you talk about anything else??” The reality is that two of the major newspapers, El Caribe and Diario Libre feature important stories …
2006News

Dominican ambassador to Vietnam

Hans Dannenberg Castellanos is the new Dominican ambassador in Vietnam after presenting his credentials on Wednesday, 25 October in Hanoi. During the 46-minute special meeting, Vietnamese President Triet emphasized the independent approach, open and focused on promoting world peace, stability and regional development of the world carried out by the Vietnamese government. He confirmed that …
2006News

Exports to Mexico soar

Dominican exports to Mexico are growing at an impressive rate, reaching US$100 million in 2005. Over the last five years, according to Marco Antonio Sanchez, they have grown by #0%. Sanchez, the head of the Dominican-Mexican Chamber of Commerce, told Hoy editorial executives that the Dominican Republic imported US$215 million, excluding petroleum products. Recent reports …