2009 – Page 306

Corning Cable Systems plant located at the Itabo free trade zone (PISA) and in operation there for more than 20 years, has announced it would shut down its Dominican plant at the end of the year. Hoy writes that the company’s 1,500 employees were notified of the decision on 31 December 2008. Many long time …

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The increase in unemployment rates in Spain could have a negative impact on the Dominican economy. According to Hoy the number of Dominicans traveling to Spain on employment contracts has decreased from 383 in 2006 to 160 in 2007 and only 82 in 2008. According to Spanish Deputy Labor Minister Virgilio Valdera and Gabriela Varela, …

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The Police have announced the rescue of two kidnapped twins, 27-year olds Indira and Indira Gandy Rondon. The Police said that last Sunday’s kidnapping of the twins in Boca de Yuma, Higuey municipality was the result of a drug deal gone wrong. The kidnappers were caught by the Police when they went to pick up …

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The saga of Dominican slugger Manny Ramirez is dragging on for longer than most fans and journalists would care for. The slugger, once famous only for his hitting, has now gained the distinction of being a “prima donna” in light of his forced exit from Boston last season and now for his free agency antics. …

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Though national attention is currently focused on the DR’s participation in the Serie del Caribe, which is taking place in Mexicali, Mexico, news about the DR’s team for the World Baseball Classic 2009 is sure to be a hot topic in the next few days. During a press conference at the Rawlings Stadium in Boca …

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Did the Dominican team leave its offense at Immigration? It seemed so during the better part of the DR’s Game 1 loss against Venezuela and once again during last night’s game against Puerto Rico. The Dominican team struggled mightily against a weaker Puerto Rican team, until Fernando Martinez made himself into the hero of the …

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The Dominican government and Sunovia Energy Technologies from the United States have signed an agreement to install the first solar energy plant in the country, according to a company press release. In a press release, Carl Smith, the executive director of Sunovia Energy Technologies said that Dominican President Leonel Fernandez has shown a “tremendous passion …

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The government says that it will only fulfill proposals from the National Summit that are economically applicable this year. This was revealed yesterday by the coordinator of the Summit for National Unity, Temistocles Montas, when he was quizzed by reporters from Diario Libre at the Presidential Palace on his way to the first meeting of …

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The coalition known as the Citizens Forum says that the focus of the summit that has the world economic crisis as its central theme, is tackling the national problems from the wrong direction. Magino Corporan, the secretary general of the entity that is made up of 14 social and community-based organizations, maintains that the country’s …

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The director of Department of Taxes (DGII), Juan Hernandez, has suspended, for the time being anyway, the raise in assessment values on real estate and in its table of reference for calculating the Tax on Property (IPI). He said he did so in response to a request from President Fernandez. The Dominican leader asked the …

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