2006 – Page 63

Listin Diario has published a list of the best schools in the nation, and a small rural school in La Vega, Cruce de Barranca, was ranked as the top school for middle level education, with an average score of 78.54 in the national entrance exams. The Secretary of Education chose 35 schools that had the …

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The chairman of the Department of Finance is to meet with the permanent commission from the Chamber of Deputies to discuss imposing a limit on the level of interest rates that banks can charge on credit cards. Ervin Novas Bello, head of the Finance Department at the Central Bank, is quoted in Diario Libre as …

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Tourism Minister Felix Jimenez has announced that as from November the Central American Transport Company (TACA) will fly directly from Costa Rica to the Dominican Republic, increasing the number of Central American tourists to the country by 50,000. Jimenez says that there is a great demand from Argentinean, Brazilian and other tourists wanting to visit …

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According to Diario Libre, government officials have said that the Feedback Company, which handles the fees charged to European tourists on their arrival to the country, are overcharging by making them pay the entrance fee in Euros and then reporting that they charged the tourist in dollars. The entrance fee into the country is a …

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Diario Libre is reporting that Dominican-born Karina Pasian will be the only Latin American musician to perform in a concert to mark the closure of the United Nations General Assembly World Youth Congress on 29 October. Representatives from all UN member nations will be present. Pasian will be joined by world famous singers Youssou N’dour, …

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President Leonel Fernandez’s first full day in Washington, DC yesterday was dominated by his meeting with International Monetary Fund (IMF) chairman Rodrigo Rato. During their talks, which lasted for almost one hour, President Fernandez announced that his government was sending a new tax reform package to Congress in order to obtain the resources necessary to …

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The Dominican government has announced from Washington, D.C. that it will request a US$150 million loan from the Inter-American Development Bank (IDB). The money is to be used to continue the reform of the public sector and to buttress the education and health systems, as well as other social areas. According to the announcement by …

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Hoy newspaper is reporting that Congress has received the last batch of bills that need approval before the country can officially enter the DR-CAFTA agreement. Congress has received a package titled “Bills for Implementation,” which included modifications to bills that need to be passed in order for the country to comply with the requirements for …

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The Padre Juan Montalvo Center for Social Studies stated yesterday that although the country has experienced an 11.3% growth for the first nine months of the year, the public has yet to benefit from those gains, as there has been no change in their day-to day standard of living. The Montalvo Center says that there …

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Dominican industries are expressing their disapproval over the possibility of the DR signing a bilateral trade agreement with Taiwan, saying that the country doesn’t possess the economic, social or political conditions to go ahead with such an agreement. According to El Caribe, the Dominican Republic Industrial Association (AIRD), the Haina Industries and Businesses Association (AIEH), …

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