2012News

Hector Valdez Albizu bullish on Dominican economy

Central Bank governor Hector Valdez Albizu has called for optimism regarding the Dominican economy, despite the burden of a rising government deficit. He said that the government would deal with the fiscal deficit by implementing an integrated fiscal reform that involves major cuts in government spending, an increase in income and institutional strengthening. Valdez Albizu …

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2012News

Medina gets positive grade from Participacion Ciudadana

Leading civic watchdog group Participacion Ciudadana has issued a report on President Danilo Medina’s first month in government with a positive note. The report recognizes the government’s efforts to support new sectors, changes in rulings as a way of giving an impression of austerity, ethical behavior and transparency. It also recognizes efforts aimed at a …

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2012News

US expands cooperation agreement with Dominican government

The governments of the Dominican Republic and the United States have signed an amendment to the agreement for cooperation for the improvement of the economy and quality of life of Dominicans through the strengthening of democracy, economic growth, health and education. The agreement, which was signed by US Ambassador Raul Yzaguirre and Economy, Planning and …

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2012News

Santo Domingo Chamber of Commerce calls for attention to small business

Yesterday, Thursday 20 September, the Medina government launched the single platform for small business through which entrepreneurs can expedite incorporating a company at a cost of RD$2,500 using the facility available at the chamber. The new department is under Deputy Minister Ignacio Mendez at the Ministry of Industry and Commerce. For the occasion, Maribel Gasso, …

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2012News

Vietnamese government wants to install Viettel here

The Socialist Republic of Vietnam is interested in installing factories to assemble buses, manufacture low-energy consumption light bulbs and an apparel free zone in the Dominican Republic. Duong Minh, Vietnam Communist Party director for the Middle East, Africa and Latin America visited the Dominican Republic for talks with the government. In an interview with Listin …

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2012News

Canadian Council for the Americas honors President Fernandez

The leading Canadian lobby group for business in Latin America and the Caribbean presented former President Leonel Fernandez with their Statesman of the Year Award during the Annual Awards Dinner on 20 September 2012 at the Fairmont Royal York Hotel in Toronto. The organization describes itself as the principal private sector link between Canada, Latin …

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2012News

Anti-drug agency director to share experiences in Honduras

The president of the National Drug Control Agency (DNCD), Major General Rolando Rosado Mateo traveled to Honduras yesterday, Thursday 20 September, accompanied by the US Drug Enforcement Administration (DEA) country attache in the Dominican Republic, John Niedzialek for an exchange of experiences and to share the Dominican experience in fighting drug trafficking with their counterparts …

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