2014 – Page 167

The representative of the World Bank International Finance Corporation (IFC) Ary Naim says that the Dominican Republic’s competitiveness indicators have stagnated since 2010. He said this was because the required changes have been on hold. He said that despite the DR being among the 50 countries that improved their ranking in the Doing Business listing …

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In his lecture entitled “Franchises, model for business expansion” visiting business specialist Juan Manuel Gallastegui highlighted the advantages of the franchise model for micro, small and medium-sized business. He made the point that franchises boost the business development process. He said the Dominican Republic has enormous potential for franchisees. Gallastegui forecast the business model would …

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Dominican Free Zones Association president Aquiles Bermudez says that farming activities are now an active part of Adozona with exports in tobacco (cigars and cigarettes), chocolate and produce grown in controlled environments (including peppers and tomatoes). He said that farmers in Santiago will soon be exporting vegetables to the United States using the free zone …

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During a meeting with the Corripio Communications group yesterday, Wednesday 11 June, the Dominican Free Zones Association (Adozona) criticized the government’s tolerant approach towards the country’s cargo transport monopoly. Adozona calls for a definite solution to the problem. “The government needs to take action to end the harmful practice that affects the right of companies …

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State prosecutors are asking for a 30-year jail sentence for Franklin Javier Reynoso Moronta, for the attempted murder of lawyer and TV commentator Jordi Veras, as reported in Diario Libre. Reynoso facilitated the court use a recording he had made of his conversations with Adriano Roman, the alleged mastermind of the contract to murder Veras. …

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Police Chief Major General Castro Castillo says that a missing woman, Claudia Patricia Sarante, may have committed suicide throwing herself into the Caribbean Sea. A Ford Explorer SUV was found parked outside the Plaza Guibia park in the afternoon of Tuesday, 10 June. A farewell letter addressed to family members was found inside the vehicle, …

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Hotel Burlesque is showing at the Blue Room of Santo Domingo’s Blue Mall at 8:30pm this evening, Thursday, 12 June and tomorrow evening, Friday, 13 June. It is a repeat after its first successful performance on 22 May. The show brings back all the color and fantasy of the 1920s. The show, produced by Luis …

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Dominicans nationwide can tune in to Telemicro Channel 5 and Digital Channel 15 to see the opening game of the World FIFA Cup in Sao Paulo at 4pm. The game will be between host team Brazil and Croatia. Brazil is the favorite to win the cup, to tell by the popular betting markets. Other favorites …

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President Danilo Medina inaugurated 10 new schools in the southwestern province of Azua yesterday, Tuesday 10 June, providing a total of 5,075 students with 145 new classrooms. The government says it has spent RD$542 million on the new facilities. Medina inaugurated the first school in Padre Las Casas and then moved on to La Bombita …

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President Danilo Medina leaves on the Air Europa evening flight from Santo Domingo to Madrid, connecting to Rome today, Wednesday 11 June. He is scheduled for a special audience with Pope Francis on Friday, 13 June. He is accompanied by Presidency Minister Gustavo Montalvo, the head of the Presidential Security Corps, Major Adan Caceres Silvestre, …

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