2014 – Page 312

The Santo Domingo Chamber of Commerce has told Diario Libre that 10,530 companies were registered in 2013, which is 27.45% more than in 2012, when 8,262 companies went legit. Taxation, red tape and high labor costs have kept many would-be companies informal, but government procurement contracts seem to be encouraging more companies to formalize their …

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Diario Libre reports that the Dominican government could receive more than US$360 million (almost RD$15.4 billion) for the sale of Tricom and Orange to Altice as well as money from the merger of the BHD and Leon financial groups, which includes the purchase of the shares of the Spanish bank Sabadell. The founder of the …

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San Francisco de Macoris businesses, with the support of the Dominican Traders Federation (FDC) president Ivan Garcia have announced that they will strike in protest at the requirement to install cash registers linked to the Tax Department system. The government is requiring all businesses with sales of over RD$7 million a year, or purchases of …

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The Cibao Transport Federation (Fetraci) announced yesterday, Tuesday 7 January that as of next Monday, 13 January public shared taxi fares in Santiago and other areas of the north would increase by between five and 10 pesos per journey. Fetraci general secretary Basilio Valerio said that the increase was being introduced to assist with the …

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The Chief of the Police, Major General Manuel Castro Castillo has confirmed that a suspected drug dealer, Salomon Eusebio Rosario (Piky), has been arrested in Colombia. Arrangements are being made via Interpol to deport him to the Dominican Republic. He said that Eusebio Rosario (Piky) is thought to be involved in the murder of Juan …

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The president of AES Dominicana electricity company, Marco de la Rosa, died early this morning while he was running in Mirador Sur Park. Another member of his running group said that he appeared to faint and they took him to the Independencia Clinic where he was pronounced dead on arrival. According to press reports, the …

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The second half of the round robin to determine the playoff teams for the Dominican Winter Professional Baseball Championship begins today, Wednesday 8 January with any of the four teams still in line to qualify for the finals. The Leones del Escogido lead with 6-3, followed by the Tigres del Licey (5-4), the Aguilas Cibaenas …

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The Ministry of Education is calling for all students and teachers to return to school today, Tuesday 7 January after the long Christmas and New Year break. Minister Carlos Amarante Baret is urging the 2,710,832 students to get back to school as well as the teachers and administrative personnel. There are 1,983,909 children and young …

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Presidency Minister Gustavo Montalvo is heading the Dominican delegation to the talks with their Haitian counterparts in Ouanaminthe today, Tuesday, 7 January. The Haitian town of Ouanaminthe (Juana Mendez) is a short distance from the northwestern border town of Dajabon. In an official statement, Montalvo declared that the Dominican government seeks “a relationship built on …

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Despite there being 25 military posts and border checkpoints, El Dia reports that people trafficking across the border continues on the rise. As reported the number of illegal immigrants crossing the border doubled in 2013. An estimated 30,000 Haitians now cross the border, for a total of around 360,000 a year. El Dia journalists interviewed …

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