2009News

World Archery Cup

29 countries have confirmed their participation in the Archery World Cup 2009. For the second successive year, Santo Domingo will host the event from 31 March to 5 April 2009. The event is organized following the International Archery Federation (FITA) rules for the World Cup for 2009, in both divisions: recurve and compound. For more …
2009News

Two wind power parks

President Leonel Fernandez yesterday was at the groundbreaking ceremonies for two wind power parks that will generate an estimated 50 MW of energy each. The parks will be built with initial investments of EU180.8 million by the Spanish company Inveravante. The parks will be built in the communities of Matafongo and Granadillos in the provinces …
2009News

Making it easier to borrow

The Monetary Board is open to modifying various prudential regulations for banking institutions and the Banking Rules for Asset Evaluation. The latter require banks and other financial entities to regularly classify their assets according to their risk and to calculate and create allowances or reserves against those risks. The Monetary Board sent banking institutions the …