2012 – Page 47

The Dominican Winter Baseball League Championship continues with lots of baseball over the long weekend, as the league seeks to recover from several days of suspension due to rainstorms. The Estrellas won their ninth game, defeating the Escogido 3-2 in their home stadium in San Pedro de Macoris and continuing to lead in the start …

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Puerto Plata is celebrating its annual jazz event, the Dominican Republic Jazz Festival. The festival, which starts on Friday, 2 November, consists of three nights of beach, good music and food and lots of fun on Sosua and Cabarete Beach. The schedule for jazz events is: * Friday, 2 November at the Parque Mirador, Sosua: …

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Victor Sanchez Jaquez, Deputy Minister for Education and Director of the National Office of Planning and Development for the Ministry of Education (MINERD), and Maria Cristiana Acosta Sosa, Director of Organizational Development, say that the Ministry has increased the amount of operating expenditure per student from RD$550 this year to RD$2,300 for 2013. This represents …

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The Chamber of Deputies has announced that there will be no Christmas hampers this year for deputies, employees, or any type of Christmas gifts, due to the austerity measures announced by the Medina government. However, according to a press release, the deputies will continue the decades-old tradition of handing out toys to children in poor …

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The Chamber of Deputies and Congress commission analyzing the proposed fiscal changes has agreed on minor modifications to the Tax Reform bill, bowing to requests from certain sectors. The commission members decided that new taxes would not be levied on non-governmental organizations (NGOs), beauty parlors or film production. In addition the commission agreed to a …

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In a press release sent to Diario Libre, tobacco farmers from the north west have asked the government to remember the socio-economic consequences in the area following the tax reform in 2007 when cigarettes increased in price and the tobacco harvest was subsequently reduced by 30%. A tobacco farmer, Juan Tavares, said that it was …

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The Central Bank has decided to maintain the Monetary Policy Interest Rate at 5% per annum and the Lombard Rate at 7% p.a. The decision was taken as the latest inflation projections show that inflation will be below the lower limit established by the Monetary Program for 2012 and will be around 5% plus or …

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The World Trade Organization (WTO) Committee on Subsidies and Countervailing Measures has announced a final extension to the transitional period for the removal of tax-based export subsidy programs by 19 developing countries. The latest decision grants a final extension until the end of 2013, with a final phase-out period of two years, requiring that the …

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Dominican sugar production for 2011-2012 was 545,000 tons, nearly 5% above a target of 519,646 tons, the National Sugar Institute (INAZUCAR) announced. Refined sugar output of 165,000 tons exceeded the plan by 15,000 tons, while raw sugar output reached 380,000 tons compared with 369,646 announced ahead of the season. www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20018000697&pubid=ag044

Leading tourism sector representatives are criticizing the Medina administration’s taxation increase proposals during the opening of the Dominican Tourism Forum (Fodatur) organized by the Dominican Competitive Tourism Consortium (CDCT) that is taking place at the Dominican Fiesta Hotel. Luis Emilio Rodriguez Amiama, president of the Dominican Republic Hotels & Tourism Association (Asonahores) asked how much …

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