2008News

German all talk

The deadline Education Minister Alejandrina German gave to journalist Nuria Piera came and went and there was nothing to show for it. Last week German threatened Piera that if she didn’t retract comments made about a house German owns in Jarabacoa, she would take legal action. During a press conference last week at the Hotel …
2008News

Dominicans win gold

The Dominican Republic team didn’t win the champions cup during the XXVII International Independent Boxing Cup tournament, but Dominican boxers Juan Carlos Payano and Claudio Marrero were able to obtain gold medals in individual events during the tournament, which was held in Santiago de los Caballeros. Still it was the Cuban team who stole the …
2008News

Tuesday Sales!

Plaza Lama is advertising sales with potatoes at RD$9.75lb, eggplant at RD$5.75lb, bugalu tomatoes RD$12.95lb, red onions at RD$16.95lb, cucumbers RD$7.95lb, and carrots at RD$8.75lb. Jumbo has sales in its fruits and vegetables department, with carrots for RD$5.95lb, Cubanela green peppers for RD$7.95lb, cabbage for RD$17.95ea, plantains for US$7.50, green grapes for RD$69.95lb, and Roma …
2008News

Small business loans

A total of 95,000 businesses that are classified as micro-, small or medium sized have received financing from the National Council for the Promotion and Support of Micro, Small and Medium Businesses (Promipyme: Pro Me Pi Me). According to the council’s president the entity is averaging RD$1.2 billion in loans each month and the collection …
2008News

January inflation

The Central Bank reports that January’s Consumer Price Index was 1.09% compared to December 2007. This came about as a result of food prices going up as a result of shortages due to Tropical Storms Olga and Noel, combined with commodity price increases and increases in the cost of transport due to international fuel price …
2008News

Lazy Congress

Of the fifteen legislative proposals declared to be of high national interest for 2007, only four have been passed by both sections of the Congress. As a result, this year’s first session will start with a backlog of legislation contained in the Priority Legislative Agenda from 2007. The four bills that were passed covered tax …