2007News

Wage talks stall a bit

Although employers have raised their offer from a 9.30% increase for minimum wage earners to a 12% increase, talks are stalled for now. Yesterday’s long and drawn out negotiating session between labor union leaders and employers’ representatives was chaired by Monsignor Agripino Nunez Collado who served as moderator and mediator. The Minister of Labor and …
2007News

Centennial sold to Trilogy

The Dominican Telecommunications Institute (INDOTEL) has authorized the sale of Centennial, formerly All America Cable & Radio, Inc., Dominican Republic, to Trilogy Dominican Republic, LLC. The operation is expected to increase competition between phone and wireless service providers. Recently, America Movil, a Mexican company, purchased Verizon Dominicana. The resolution authorizing the transaction allows for a …
2007News

Montas in Mexico

Economic Planning and Development Minister Temistocles Montas is in Mexico with a technical team to hold discussions with experts from the Economic Commission for Latin America and the Caribbean (ECLAC) about the implementation of a long-term development strategy for the DR. The delegation will be discussing the book “Economic and Social Development Dominican Republic 2030,” …