2007 – Page 277

The John XXIII Health Care Center is now ten years old and is described as a model for community-based health care in the Dominican Republic. The facility, located in the southern part of Santiago, is run by the PUCMM University in conjunction with the Public Health Ministry and the Southern Zone Health Council (CODESA). Center …

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President Leonel Fernandez will be visiting the Institute for Innovation and Business Competitiveness building’s future site today. The building is being constructed with an RD$200 million donation by the Japanese government. Eddy Martinez, director of the Dominican Republic Center for Export and Investment (CEI-RD) explained that the ceremony would take place behind the CEI-RD offices …

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Foreign Relations Minister Carlos Morales Troncoso was guest of honor of the government of Saudi Arabia yesterday. A Dominican mission is visiting in Riyadh. A dinner in honor of the Dominican delegation was held at the Residence of Prince Turki Al Faisal Bin Abdulaziz. Among those present were Prince Saud Abdullah Al Faisal, president of …

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The Cash Recovery Index (CRI) reached 58.8% in January, a 10% increase compared to the same period in 2006, as reported in the Listin Diario. The CRI for the last six months, according to a report by the State-Run Electricity Companies (CDEEE) is at 56.21%. The increase in collection by the energy companies has been …

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Central Electoral Board (JCE) Administrative Chamber president Roberto Rosario has visited Puerto Rico to inform Dominicans resident there about JCE services that will soon be available on the neighboring island. Rosario announced that Dominicans living in Puerto Rico will be able to receive birth certificates from the JCE office there and will eventually be able …

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The Dominican Republic Center for Exports and Investment (CEI-RD) is projecting an increase of US$17 billion in exports in the next two years, while warning of the need to improve the energy sector, production capacity and infrastructure, and financing in order to compete on the international markets. The report also points out that the DR …

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According to a study by the BHD Bank, through the private consulting company ASE-CAFTA, 70% of Dominican businesses are ready to effectively compete as the new free trade agreement comes into effect. The report points out that the remaining 30% of businesses must undergo a transformation and restructuring process as well as improving their standards …

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Former President Hipolito Mejia says that the DR-CAFTA free trade agreement came into effect too late and that this delay has caused irreparable damage to the country’s free trade zones. Mejia went on to say that President Leonel Fernandez was to blame for the delay because he believes that Fernandez wasn’t convinced that the agreement …

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Importers say that it will take 45 days for consumers to feel the effects of DR-CAFTA. According to Domingo Espinal Collado, vice-president of the Dominican Warehouse-owning Importers Association (ADAI) the public will not feel the changes to the same extent. Espinal explains that products coming from Central America will not experience price changes because according …

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Diario Libre reports that the DR has fulfilled its part of the deal and is now ready to receive US$201.8 million in soft interest loans from Mexico, as part of the San Jose agreement. Treasury Minister Vicente Bengoa made the announcement but did not say when the country would receive the funds. Bengoa says that …

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