2013News

President Medina inaugurates housing project in Santiago

Yesterday, Tuesday 19 February, President Danilo Medina inaugurated a 96-apartment housing project, Colinas del Yaque in La Otra Banda in Santiago, built at a cost of RD$111 million. The complex has 12 buildings of eight apartments each with 67 square meters each. The families were relocated from the slum known as Hoyo de Julia. www.hoy.com.do/el-pais/2013/2/18/467812/Cabildoinaugura-un-proyecto-habitacional
2013News

Cash free transaction system launched

Citi has signed a partnership agreement with mobile payment administrator GCS Systems to launch a mobile payment service called ‘Citi Mobile Collect’. The service targets small grocery stores and other businesses in the Dominican Republic. In cooperation with microfinance institution Banco ADOPEM, Citi Mobile Collect enables small businesses that are not yet part of the …
2013News

Bahia de las Aguilas ‘owners’ also hold titles in Bavaro

Many of the beneficiaries of the announced government deal with owners of fraudulently acquired property titles in Pedernales also acquired property in Bavaro (Punta Cana) in the same way, says Senator Wilton Guerrero (Peravia-PLD). The announced government deal will legalize the irregular operations and called for the Medina government to reconsider creating the trust to …