2013 – Page 125

President Danilo Medina has pledged that the nationwide classroom shortage problem will be solved with the ongoing program to build 10,000 new classrooms for this school year. He said that they should be finished by the end of the calendar year, adding that repairs to many other classrooms would also be completed. The President said …

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The Chamber of Deputies approved loans for US$263.3 million yesterday, 21 August 2013 to complete road works linking Santo Domingo to the southeast of the country. The works are carried out by the Brazilian company Odebrecht. The legislators approved a loan for US$80,200,000 from the Central American Economic Integration Bank (BCIE) that will be used …

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The Central Bank has rejected recent comments by economist Miguel Ceara-Hatton who said that growth of GDP over the last 12 years (2000-2012) has not been reflected in a decrease in poverty. An article posted by the Bank says that 800,000 new jobs were created from 2005-2012, a time of significant economic growth. It adds …

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The Ministry of the Environment has announced that during the next 30 days it will be carrying out a series of special environmental events to motivate Dominicans to be more aware of the importance of caring for environment and natural resources. Minister Bautista Rojas Gomez said that work would intensify to reforest coastal areas. He …

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Aeropuertos Dominicanos Siglo XXI (Aerodom), the concession-holder that operates the Las Americas International (SDQ) and Puerto Plata International (POP) airports in the Dominican Republic says it has made a proposal for building new infrastructure at these ports of entry. The company announced plans to build a hotel, convention center and cargo terminal at las Americas …

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The State Electricity Corporation (CDEEE) has announced the participants in the tender to choose the companies that will build two 300-megawatt coal-fired generators. As reported in Hoy, the finalists are: China Gezhouba Group Company Ltd., Posco Engineering & Construction Co., Ltd. (South Korea), Norberto Odebrecht, SA and Tecnimont SpA (Brazil & Italy), SEPCOIII (Shandong Electric …

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The Department of Taxes (DGII) has uploaded new tutorial videos on paying taxes for small companies and individuals. The five tutorials focus on paying property taxes (IPI), the sales tax (ITBIS) and income tax (ISR). It also guides readers on how to carry out online transactions. The videos are in the Publications section of the …

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The Dominican Republic is ranked 11th among 20 countries in Latin America and the Caribbean in terms of its overall business environment for female entrepreneurs, according to the newly released Women’s Entrepreneurial Venture Scope (WEVentureScope), conducted by the Economist Intelligence Unit with funding from the Inter-American Development Bank’s Multilateral Investment Fund. The DR received a …

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The remains of a rampart were discovered yesterday, Wednesday 21 August in Jose Gabriel Garcia Street, where it joins Merino Street in the Colonial Zone, when the authorities were carrying out excavation works as part of the plan to transform the area. The wall is thought to be the remains of the rampart built to …

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The United States Agency for International Development (USAID) is recommending the reconstruction of the country’s drinking water system to improve its quality. In its report “Critical Points for the Vulnerability and Climate Change in the Dominican Republic” USAID reveals that 90% of household water is not fit for human consumption, and suggests that the government …

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