2014 – Page 20

Winners of gold medals in the Central American and Caribbean Veracruz 2014 games will receive a RD$100,000 bonus from the government. Silver medalists will be awarded a RD$50,000 cash prize and bronze medalists RD$25,000. In the past, gold medal winners have been given a government apartment. The deputy Minister of Sports Anibal Portorreal said that …

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Executive editor of Diario Libre Adriano Miguel Tejada writes about the real differences between Haitians and Dominicans in an editorial today, Friday 5 December 2014. “The Dominican and Haitian nations had very different political and economic processes that created people of different natures. Race is the least of the differences between both nations,” he highlights. …

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The Association of Gasoline Retailers (Anadegas) says that the government should cut fuel prices to comply with the Hydrocarbons Law that establishes that local prices should be set according to the fluctuations in world market prices. At a press conference yesterday, Thursday 4 December 2014, Anadegas representatives pointed out that international fuel prices have declined …

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David Ortiz is hosting the Seventh Annual David Ortiz Celebrity Golf Classic in the Dominican Republic from 4-7 December 2014. The tournament takes place at the Punta Espada golf course, a Jack Nicklaus signature golf course in Cap Cana. The host hotel is the Alsol Luxury Village in Cap Cana in Punta Cana. Ortiz invites …

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The Coca Cola-sponsored 70-foot Christmas tree is all lit up at the Plaza de Espana in Santo Domingo’s Colonial City. The tree was designed by theater set designer Fidel Lopez. This year, a second tree has been installed at the Colinas Mall in Santiago.

Proindustria (the Center for Development and Industrial Competitiveness) has announced it is finalizing the ruling for the guarantee fund for small industries (Pymis). This will open doors to low-cost financing for this sector and the first operations will be possible in the first half of 2015. In an interview with Listin Diario, Proindustria director Alexandra …

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Although a curious silence surrounds this news, it turns out that there is still no definite agreement with Venezuela. Investment bank Goldman Sachs’ purchase of the Dominican debt owed to Venezuela appears to be part of a triangle whose third vertex is the Dominican Republic. According to The Wall Street Journal, Venezuelan officials have spoken …

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Herrera Industries Association president Victor Castro said yesterday, Wednesday 3 December 2014, that the crisis affecting depositors at the Banco Peravia could have been avoided if the monetary authorities had been more rigorous in their financial supervision from the start. Castro said it was inexplicable how the Monetary Board could have approved the sale of …

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The country’s second largest city, Santiago de los Caballeros, has been chosen to be part of the 100 Resilient Cities named by the Rockefeller Foundation. The 100 Resilient Cities is a network of cities learning from cities. The movement is dedicated to helping cities around the world become more resilient to the physical, social and …

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