2008 – Page 246

The National Federation of Traders and Businesspeople of the Dominican Republic (FENACERD) is attributing the sharp increase in food prices to external and international factors and not price gouging as has been alleged. During a press conference yesterday, Fenacerd president Antonio Cruz Rojas said that many products would inevitably go up due to external factors …

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Honesty might be the best policy, but it doesn’t guarantee job security. Industry and Commerce Minister Melanio Paredes is facing this reality as traders are asking him to resign from his post following an unfavorable report released by the ministry highlighting the supermarkets’ high profit margins on basic foods. Supermarket owners are rejecting the report …

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The presence of the Dominican athlete is being felt in the NBA, leaving a nation proud at their newfound success. Dominican players Charlie Villanueva, Al Horford and Francisco Garcia all had breakthrough seasons for their respective teams and gained the respect of players, coaches and fans for their play, work ethic and character. Horford, a …

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Bravo supermarkets have sales in its meat and seafood departments, with 25% off many cuts (for their cardholder members only). Jumbo supermarkets are advertising sales in their meat and seafood department. Super Pola is advertising 25% off beef cuts and frozen chicken for RD$24.95lb, as well as other sales in its meat department.  

With exactly one month to go before the 16 May presidential election, the Central Electoral Board (JCE) says it has completed its timetable of administrative and legal details completely, and in some cases, is ahead of schedule. The core issues and logistics are complete, with just the ballots themselves and the plastic coverings for the …

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It’s now or never. The three leading political parties have just a month to go for the 16 May election. Diario Libre reports that tshe PRD announced the launch of a new advertising campaign, with one month to go for the 16 May presidential election. The PRSC announces its candidate Amable Aristy Castro would concentrate …

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The Ministry of Agriculture has begun paying RD$81 million to Dominican poultry farmers as part of a program to stabilize production since the Haitian embargo began at the beginning of the year. The money is being distributed through the Banco de Reservas, which is notifying farmers who are eligible for the payments. The Unipollo company …

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In keeping with an age-old political tradition, President Leonel Fernandez has set up a commission to look into the issues surrounding the latest spate of price increases in most consumer items, especially those in the basic family food basket. He asked the commission to seek alternatives, according to the Minister of Hacienda, Vicente Bengoa. The …

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The high cost of living and the lack of jobs were the two salient points coming out of the most recent poll carried out by CID-Latinoamerica during the last week of March and the first week of April. In response to the question: “What is the biggest problem we have in the Dominican Republic?” 30% …

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The National Association of Young Entrepreneurs (ANJE) issued a press release expressing concern about the increase in government spending during the first quarter of 2008. ANJE president Pablo Piantini said that current expenditure for the quarter has increased by 32.2%, or RD$12.12 billion. The increase in spending is centered mostly on salaries, where, excluding Social …

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