2007 – Page 329

The New York City Mets, with the help of the Hope International Foundation, founded by former Major League player Dave Valle, have announced a community development partnership. Together with a delegation, Mets vice president Jeff Wilpon and general manager Omar Minaya visited the town of Nigua to present a check for US$25,000 to the foundation, …

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With only four games left in the semifinals of this year’s Winter Baseball League playoffs there is no telling what will happen. Could this year provide only the seventh finals playoff series without a team from the capital city of Santo Domingo? It is too close to tell, but that possibility lingers as a reality. …

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President Leonel Fernandez arrived in Nicaragua at noon local time (2pm in the DR) yesterday and was received by Nicaraguan Foreign Minister William Stale at Managua’s airport. Fernandez was in Nicaragua to attend President Daniel Ortega’s inauguration. Once in Nicaragua, Fernandez attended a luncheon held by outgoing President Enrique Bolanos and his wife Lila de …

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Yesterday the Senate approved a modification to the General Energy Law in two consecutive readings. The project will now be sent to the Chamber of Deputies for review and final congressional approval. The legislation, through clause 125-1, also includes penalties and fines for individuals and companies consuming more than 1,000 kWh who are found stealing …

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The Central Electoral Board (JCE) is to work together with UNICEF, the Catholic Church, the Evangelical community and NGOs to provide legal documentation to all Dominicans who have no birth certificates, and by default cedula identity cards. The plan, which according to the JCE will take 10 years, seeks to issue birth certificates to 42% …

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The UASD University has registered 57,000 students through its online registration program. Using this system, students can sign up for classes, change courses and check their grades, all with a click of a button. As for re-registration payments, school officials have decided to postpone payment until they come up with a debit card system that …

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Amidst increasing criticism, Metro construction is progressing at a fast pace. El Caribe newspaper reports that many of the 16 stations on the first Metro line are now at the finishing stages. Yesterday workers at the Hermanas Mirabal station erected three 25-ton beams that will support the Metro. Stations at the Mirador del Norte are …

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Presidency Technical Minister Temistocles Montas is proposing a measure aimed at speeding up the country’s annual budget approval process. Montas is proposing that the Executive Branch submit the yearly budget proposal by 1 October at the latest each year, giving legislators 75 days or until 15 December to approve the project. United Nations Development Program …

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The Dominican government plans to issue 50-year bonds to cover the deficit accumulated by the Central Bank, which according to Listin Diario was at RD$202 billion in 2005. These figures were provided by accounting firm Price Waterhouse Coopers. Price Waterhouse points out that article 82 of Monetary Law 183-02 on 21 November of 2002 establishes …

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It looks like the Dominican Republic might finally be ready to enter DR-CAFTA after all. Industry and Commerce Minister Francisco Javier Garcia says that the DR has done its part to fulfill all the requirements set forth by the United States for the implementation of the agreement that was signed in 2004. The most recent …

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