2014News

New entities to serve as guarantee for small business loans

The Monetary Board has approved a series of tools that will serve as financial guarantees for small businesses that are requesting loans. The “Societies of Reciprocal Guarantees” (Sociedades de Garantias Reciprocas) and “Guarantee Societies” (Sociedades de Reafianzamiento) will make it easier for small business to access lower-cost financing. Third parties will provide provisional funds for …
2014News

AES gets CDEEE backing for natural gas plant conversions

The Public Electricity Corporation (CDEEE) has signed an energy purchasing agreement with the AES Dominicana group’s Dominican Power Partners. The six-year contract will enable the implementation of the Los Minas V and VI combined cycle power project. According to the CDEE, the installation of the combined cycle option means that the power plant will increase …
2014News

Increase in STIs in teenagers

Early sexual initiation among Dominican adolescents is not only leading to an increase in teenage pregnancies but is also resulting in an increase in sexually-transmitted diseases (STDs), previously only seen in adults. The STDs include syphilis, chlamydia, genital herpes, venereal warts, thrush, trichomoniasis and HIV. In 2013, the STD department at the Dr. Humberto Bogaert …
2014News

Farmers call for new road

Yesterday, Monday 23 June, farmers, community leaders, residents and representatives from various authorities in San Jose de Ocoa province protested outside the National Palace in Santo Domingo demanding that the government construct the second phase of the Cruce de Ocoa-Piedra Blanca highway. According to the provincial deputy Esther Minyetti, the second phase is 58 kilometers …
2014News

Ban on pig imports

The Haitian government has temporarily banned the import of live pigs from the Dominican Republic and other countries due to the presence of Viral Porcine Diarrhea, which affects pigs but not humans. In a press release, the Haitian Agriculture Minister said that the disease was caused by a virus which is present in the Dominican …
2014News

Journalists arrested

The international press freedom campaign group Reporters Without Borders says that they are shocked at the heavy-handed arrests of two journalists by drug police during separate operations in the past two weeks, and the arrests of the daughters of a third journalist in one of the incidents, especially as violence against journalists is rare in …
2014News

Warm weather to continue

The National Meteorological office (ONAMET) says that the high temperatures are forecast to continue with isolated thunderstorms in the provinces of Santiago and Dajabon. They are advising the public to wear light clothing and drink sufficient liquids to prevent dehydration. http://www.listindiario.com/la-republica/2014/6/23/327038/Temperaturas-altas-y-chubascos-para-hoy-en-el-territorio-nacional