2008 – Page 253

According to the World Economic Forum (FEM), the DR ranked 75th out of 127 countries in the seventh Global Information Technology Report 2007-2008 released this week. This ranking is nine places down from last year, when the DR was 66th on a list of 122 countries. Hoy explains that the fall in the rankings didn’t …

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The duality of Dominican society was once more apparent during yesterday’s general strike. While major stores returned to business as usual by the middle of the day in Santo Domingo and Santiago, the strike primarily affected the low-income areas, where aggressive strike organizers were able to intimidate residents to stay home. While many businesses and …

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Dominican power forward Charlie Villanueva had a career-making game last night with a scoring display for posterity. The young Bucks forward scored 38 points for the Milwaukee Bucks and hit seven treys from behind the arc. Villanueva, who was born in the US to Dominican parents, scored 25 of the Bucks’ first 29 points, and …

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La Cadena supermarket is advertising smoked pork chops for RD$69.95lb, dorado for RD$59.95lb, seabass for RD$59.95lb, ground conch for RD$119.95lb Super Pola is advertising frozen chickens for RD$24.95lb, pork for stewing for RD$49.95 and 25% off in several other beef department cuts. Ferreteria Hache has sales in its ceramics department. Batavia (Calle Rafael Augusto Sanchez …

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The Inter-American Development Bank has announced a US$100 million package to assist with the Dominican Republic’s educational needs and to strengthen what they call “institutional infrastructures.” The new IDB representative in the Dominican Republic, Manuel Labrado, talked about the program during a visit to the Chamber of Deputies. Labrado said that the program would be …

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The Inter-American Development Bank has announced that it intends to ease the impact of the higher oil prices and food stocks on the international markets. IDB governor Luis Alberto Moreno announced the bank’s plans during his closing speech at the 49th Annual Assembly of Governors in Miami, Florida. During the sessions, the Bahamas and the …

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The legal advisor of the Chamber of Deputies, Rafael Gonzalez Tirado, concurs with Economy Minister Temistocles Montas that the proposed new National Institute for Tourism Development, Indetur, has several articles and items that conflict with existing institutions, laws and the Constitution itself, and also lacks mechanisms of control and accountability. Yesterday the chamber voted to …

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The National Association of Young Entrepreneurs (ANJE) has announced its support for the Banking Association’s proposals to change the Monetary Laws. ANJE president Pablo Piantini told El Caribe reporters that Congress needed to take a very close look at the proposals. Piantini said that the legislature should hold public hearings in order for the banking …

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The World Bank is concerned about the size of remittance flows being compromised by the US economic slowdown. The World Bank is recommending a series of actions to be taken to facilitate remittance flows and maximize their development impact. A new World Bank report entitled “Remittances and Development: Lessons from Latin America” recommends increasing competition …

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A Korean company, Auto Evert System Corp-Interdev, has been awarded a US$23 million contract via the Exim Bank of Korea to apply modern technology to the Dominican Customs Agency (DGA). Miguel Cocco Guerero, the feisty director general of the Customs Office, was present at the signing of the contract. According to Diario Libre, the bidding …

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