2012News

UK investment in the DR nears a billion dollars

According to the executive director of the Center for Exports and Investment in the Dominican Republic (CEI-RD), Jean Alain Rodriguez, the principal speaker at a luncheon hosted by the British Embassy in Santo Domingo, British investment in the country is now over US$800 million. He said that the investments are in energy, services, pharmaceuticals, infrastructure, …
2012News

President Medina calls for new development indicators

Speaking at the 67th General Assembly of the United Nations yesterday, Tuesday 25 September, President Danilo Medina argued for international financial institutions to make changes to the indicators used to measure economic performance and to introduce more effective tools for measuring human development. He said the Dominican Republic is a good example of why concentrating …
2012News

Danilo Medina’s assets total RD$21 million

President Danilo Medina Sanchez has registered his personal fortune as RD$21,609,279, according to the sworn declaration that he filed on 13 September 2012, nearly a month after taking office. Meanwhile, the Vice President Margarita Cedeno de Fernandez declared assets worth nearly RD$24 million: RD$23,748,032. According to Diario Libre, in the sworn statement prepared by notary …