2008News

After the elections

The National Association of Young Entrepreneurs (Anje) and the National Business Council (Conep) are warning that once the election is over, the government will have to concentrate on being more efficient and controlling public spending to adjust to the US economic slowdown and the increasing price of fuel. As reported in Hoy, Anje warned that …
2008News

Time to foster exports

The Association of Industries of the DR (AIRD), the Agribusiness Board (JAD) and the Dominican Association of Free Zones (ADOZONA) have decided to act on a common agenda to foster local manufacturing and promote exports and contribute to the maintaining of macroeconomic stability. Only by strengthening local production can we confront the international pressures and …
2008News

Edes feel fuel pinch

The country’s power distribution companies are feeling the pinch of the continual increase in international fuel prices. According to the State-run Electricity Companies (CDEEE) administrator Radhames Segura, fuel price increases added US$103.79 million to distribution costs during the first five months of the year. The average price for a kWh of energy at the beginning …