2007News

Business wants more credit

The Dominican Republic Industrial Association (AIRD) will request meetings with the Dominican Banking Association (ABA) as well as with government financial control entities in order to obtain more credit for local industries. The industrialists are particularly interested in obtaining credit for capital goods, and they are finding that the recent restrictions imposed on banks have …
2007News

Exorbitant government wages

The exorbitant wages paid to some government officials contradict the supposed austerity plan the government has announced, spokesmen for Fundacion Institutionalidad y Justicia (Finjus) and Participacion Ciudadana (PC) told Hoy newspaper. They pointed out that the inequity in government officials’ wage levels and pensions is a reflection of a fragmented state that does not act …
2007News

Freddy recovering

The Dominican Republic’s most famous television personality, Freddy Beras Goico, underwent surgery for pancreatic cancer over the weekend and is said to be doing very well after the operation. His personal doctor was present during the eight and a half hour operation at Massachusetts Generals Hospital in Boston. El Caribe said that Dr Fernando Contreras …
2007News

USCG rescues 23

The United States Coast Guard, alerted by the Dominican Navy, rescued 23 people who were attempting to make an illegal crossing to Puerto Rico in a small craft. According to Diario Libre, the boat capsized about ten nautical miles southeast of Saona Island. One woman was drowned and two are said to be missing. El …