2008News

ECLAC calls for change

The Economic Commission for Latin America and the Caribbean (ECLAC) presented its study “The Dominican Republic in 2030: Towards a cohesive nation” with a proposal for a 25-year agenda for the DR at the Presidential Palace yesterday. Delegates from 50 Western Hemisphere countries are meeting in Santo Domingo for the 32nd assembly of the Economic …
2008News

911 Emergency

The US Embassy is providing US$600,000 to conduct a feasibility study on setting up a 911 emergency help system in the DR. The agreement was signed with the Ministry of Interior and Police. Verioska Mella, director of the Call Center 911 and Teresa Rojas, director of the Program and Planning Division at the Ministry of …
2008News

Trade with South Korea

Trade between the DR and South Korea now stands at US$120 million per year. South Korea primarily ships appliances and motor vehicles to the country. The Korean Trade-Investment Promotion Agency (KOTRA) says that trade between the DR and South Korea will triple within the next three years because certain South Korean products will be better …
2008News

DR/Guatemala trade issues

The DR and Guatemala are still holding discussions aimed at resolving ongoing trade issues between the two DR-CAFTA signatories. The conflict began earlier this year after Dominican exporters complained of unfair trade and tariff practices at Guatemalan ports. A mission of Dominican experts from the Ministry of Industry and Commerce traveled to El Salvador to …
2008News

Jeepetas not as popular

The popularity of gas-guzzling SUVs, locally known as “jeepetas” is declining as fuel prices climb. The Association of Used Vehicle Importers (ASOCIVU) says that in recent months 85% of the vehicles that its members have imported are low-consumption, low-cylinder types. ASOCIVU says that consumers are demanding more fuel-efficient vehicles because of the gas crunch.
2008News

Mejia denies revival

Former President Hipolito Mejia is denying published reports and statements by his former spokesperson Hector Guzman that he will revive his PPH (Proyecto Presidencial Hipolito) team with a view to positioning himself as a PRD pre-candidate for the 2012 presidential election. He claims that his role within the PRD party is to balance forces to …