2014 – Page 117

2014 News

Focus on sports in schools for 2014-2024

Minister of Sports Jaime David Fernandez said that the way Dominican athletes are identified and developed would change considerably over the next decade. He said that from 2014 to 2024 the focus would be on sports in schools. He said the new plan is to use public schools as the first space for recruiting children …

2014 News

Government spends RD$1.1 billion on vaccinations

Public Health Minister Freddy Hidalgo says that the government is investing RD$1.1 billion in vaccination programs in 2014. This is up from RD$426 million in 2012, at the start of the Medina administration. The reason for the increase was that a new vaccine is added ever year, he said during an interview with the Corripio …

2014 News

Public hospitals will charge patients with insurance

Public Health Minister Freddy Hidalgo says that the Medina administration is investing RD$3.9 billion on improving 74 public hospitals nationwide. At the end of the renovation programs, the hospitals will be ready to charge patients who are affiliated to health plans. This will improve the public hospitals’ finances. At present, public hospitals do not charge …

2014 News

Private investment sought for coal-fired plants

Dominican Public Electricity Corporation (CDEEE) executive vice president Ruben Jimenez Bichara says it has offered private investors shares in the construction of the two coal-fired power plants or that they provide the financing. The government expects the plants to generate power at 12 US dollar cents, half of the average current cost with petrol fuels. …

2014 News

Blackouts could worsen due to arrears with generators

The Dominican Electricity Industries Association (ADIE) says the government is five months behind in its payments to some companies, as reported in El Nuevo Diario. ADIE reports that the government arrears with the sector were at a historic US$818 million in the first week in August. The debt record was US$780 million in October of …

2014 News

Delays in issuing pharmaceutical and cosmetic permits

The Herrera Industries Association (AEIH) is warning that companies are trapped in major bureaucratic delays with the Ministry of Public Health issuing permits to pharmaceutical and cosmetic companies. Association president Victor Castro says that this results in many lost export opportunities. He said companies have to wait one to two years to obtain the permits …

2014 News

Stem cell company at the Cyberpark

Eddy Martinez, president of the Santo Domingo Cyberpark has announced that BioCells Dominicana is implementing the first biopharmaceutical center for research, investigation and implementation of stem cells at the Santo Domingo Cyperpark, as reported in Diario Libre. He said this is an Italian-US investment. The plan is to install a biological bank with stem cells. …

2014 News

BVRD: Raising company capital by selling shares

As companies seek access to lower cost of capital, the private-owned and managed Dominican Republic Stock Market (BVRD) has announced the issue of the first common shares for the CCI Puesto de Bolsa S.A. Securities Superintendent (SIV) Gabriel Castro described the emission as a landmark in the development of the Dominican capital market. He says …

2014 News

Dominican mountaineer dies in Indonesia

Tragedy struck abroad when a Dominican mountain climber, 26-year old Mario Rodriguez, who is the son of the president of the Superior Electoral Court (TSE) Mariano Rodriguez, died on Sunday, 10 August in an accident on the Rinjani mountain in Lombok, Indonesia. At 3,726 m, Rinjani is the second highest volcano in Indonesia. Rodriguez’s father …

2014 News

Family dies in truck crash

The Police have identified the six victims of the Friday, 8 August 2014 crash of a freight truck into the Ferreteria Ciriaco hardware store at Km. 48 of Duarte Highway in the north-south direction to Santo Domingo. AMET spokesman Roberto Lebron says the victims were all related to each other. They were the driver, Santo …

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2014 – Page 117

Focus on sports in schools for 2014-2024

Government spends RD$1.1 billion on vaccinations

Public hospitals will charge patients with insurance

Private investment sought for coal-fired plants

Blackouts could worsen due to arrears with generators

Delays in issuing pharmaceutical and cosmetic permits

Stem cell company at the Cyberpark

BVRD: Raising company capital by selling shares

Dominican mountaineer dies in Indonesia

Family dies in truck crash