2010 – Page 231

According to Fernando Pavia Castillo, the executive vice-president of Bepensa, the consortium that makes Coca-Cola in Mexico and which has a major stake in Refrescos Nacionales, in 2010, the company will invest an additional US$20 million in an effort to extend their product line. Refrescos Nacionales has already received US$100 million to increase production and …

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According to Hoy newspaper, the Association of Vehicle Manufacturer Concessionaires (Acofave) reported yesterday that new car sales were up slightly, but did not disclose any figures. They repeated the fact that 13,937 new vehicles were sold in 2009, the lowest number since 2005, when the sector was suffering from the effects of the banking crisis …

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The Dominican Alliance Against Corruption (Adocco) has filed appeals against 25 senators who are allegedly refusing to account for the US$16.4 million (RD$597 million pesos) from the social fund, popularly called “the little barrel” – akin to the ‘pork barrel’ of US politics. The organization requested the indictments at the Higher Administrative Tribunal, and accused …

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In San Francisco de Macoris a court’s decision to release a woman implicated in the murder of a university student last year has caused outrage in the city. Protests included an attempt to set fire to the Palace of Justice, the destruction of the front windows of the building, burning tires in the streets and …

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The Plenary of the Supreme Court has ordered the dismissal of interim judge Raul Rosario Hernandez, who granted a bail bond release to Raul Serumberto Reynoso Mota (Vantroi), a man implicated in 51 crimes including 36 murders. The court ruled that the interim magistrate of the Third Court of Instruction of the province of Santo …

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Ismael King Almeyda and Felipe Encarnacion have been re-arrested by the National Drug Control Department (DNCD) in Samana. They are linked to the smuggling of more than US$1.2 million into the DR on board a boat from Puerto Rico. Samana prosecutor Juan Medina told the press he had not been involved in the procedures. The …

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The Assistant General Prosecutor for the Electricity Sector (PGASE) contradicts statements made by Jangle Vasquez Rodriguez in response to electricity theft accusations. The PGASE clarifies that his son Barry Vasquez Vargas and lawyer Ruben Puntier had said that Jangle Vasquez Rodriguez was abroad when he was being sought for questioning about the accusations. Vasquez Rodriguez …

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Dominican Republic Fashion Week (RDFW 2010) is on from 28 April to 2 May. Fashion Week brings together emerging Dominican fashion designers, international designers, and exhibitions of a wide array of accessories. The event is being held at the Sans Souci convention center, on the eastern bank of the Ozama River. For the designer schedules, …

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The future of the DR will depend on how opportunities can be created to make the most of possible injections of foreign capital to build Haiti and strengthen bi-national ties. Lisandro Macarrulla, president of the National Business Council (Conep) and Maribel Gasso, president of the Santo Domingo Chamber of Commerce both advocated using the opportunity …

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Economy Minister Temistocles Montas favors an extension of the obligation to use the new check format after 30 April. Montas agrees that there will be a bottleneck in the financial system if checks that are already in people’s hands are invalid after 30 April. Advocates of a postponement say that small businesses that cannot afford …

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