2010News

Cases of vanishing airplanes

Investigations into the disappearance of an airplane that left the Joaquin Balaguer International Airport at El Higuero (La Isabela) en route for Port-au-Prince, but which is known to have flown to Colombia, have uncovered an illegal ring that handled clandestine flights using local airports. Diario Libre reports that according to the investigators, these flights transported …
2010News

Refidomsa projects

The government is seeking to double the amount of gasoline and diesel produced at the Dominican Petroleum Refinery (Refidomsa). The government expects to advance on the deal that sells 49% of the shares to the PDVSA, the Venezuelan petroleum company with the signing of the agreement during a visit of President Leonel Fernandez to Venezuela …
2010News

No new taxes into 2012

Hacienda Minister Vicente Bengoa and Economy, Planning and Development Minister Temistocles Montas said yesterday that for the remaining two years and four months of the Fernandez administration the government would neither create nor increase the taxes currently in place. The government recently mentioned that it was looking into eliminating exemptions on the value-added ITBIS tax. …
2010News

Asturias business trip

Delegates on a business mission from the Spanish principality of Asturias have expressed interest in making alliances with Dominicans in the areas of energy and waste management, areas in which they have significant expertise. Severino Garcia Vigor, president of the Asturias Business Federation (FEDE) said that several members of the mission currently visiting the DR …