2014News

Larimar school for Barahona

The government has started building a workshop/school for artisans in Bahoruco in the southwestern province of Barahona. The school will train people to work the endemic semi-precious stone, thus boosting the local economy. The director of Banca Solidaria, Mayra Jimenez, inaugurated the construction of the building which will cost RD$31.5 million and will be staffed …
2014News

Indotel approves sale of Tricom to Altice

The Dominican government telecommunications regulatory authority, INDOTEL announced last week that it has approved the sale of Tricom to the Luxembourg-based investment fund Altice Group. Altice Group has also purchased Orange telecommunications operations in the Dominican Republic and will be merging both. Indotel reported that it gave its permission for the transfer of 88% of …
2014News

Drug gang released on bail

National District judge Elka Reyes has released a group of people accused of being members of an international drug network operating from South America to the Caribbean and the United States. The group comprised Dominicans, Colombians, Venezuelans, Puerto Ricans, US citizens, Jamaicans and Bahamians, including the president of Caribair. The judge released them from preventive …