2008News

Fire chief is wrong, says Espaillat

Juan Ignacio Espaillat, president of the National Association of Gasoline Retailers (Anadegas), disputes recent comments from the chief of the Firemen in the National District, Oscar Guillermo Garcia, regarding that the government needs to increase allotments to the firemen before authorizing the sale of propane in gasoline stations, as reported in El Caribe. Espaillat criticized …
2008News

Codacsa to sue government

Concesionaria Dominicana de Autopistas y Carreteras (Codacsa) is suing the Dominican government in an international arbitration court in Paris because the Dominican government didn’t fulfill its contractual obligations. Public Works Minister Victor Diaz Rua says the company doesn’t have the resources to complete the Santo Domingo-La Romana highway and has been using toll monies and …
2008News

No more RD$3 bread

Beginning in August, colmados nor bakeries will no longer stock the RD$3 bread. The bakeries say they cannot sustain the present costs now that the government has removed the flour subsidy promised into the 16 May presidential election. Hector Delgado, president of the Industrial Flour Processors National Union (Unpih) says that bread prices will now …
2008News

CND takes over

Beginning in August, the Dominican National Brewery (CND) will take over the marketing and selling of Barcelo and Siboney rums as part of an agreement between CND and Barcelo Export Import CxA (BEICA). CND is the Presidente Beer brewery. CND will also be responsible for the local distribution of Corona beers. Rafael Menicucci, president of …
2008News

Ethanol investment

The RJS Group, of mixed Dominican and American capital, has announced a US$340 million investment in the “Fenix” Agroindustrial project that will produce 100 million gallons of ethanol yearly, as reported in El Caribe. The project, which will benefit the northwestern provinces of Montecristi, Dajabon, Santiago Rodriguez and Valverde, will have four production plants up …