2014News

MLB to open Santo Domingo office

Major League Baseball will open its Latin American headquarters in Santo Domingo. The office will serve as the central location for MLB initiatives, including education, community affairs and coaching clinics, in addition to tournaments and showcases. http://hardballtalk.nbcsports.com/2014/09/19/major-league-baseball-is-opening-up-a-latin-american-headquarters/
2014News

One Village, One Product movement in El Seibo

The Japanese movement, One Village, One Product (OVOP) is being implemented in El Seibo, the first in the Dominican Republic. The program promotes local artisanal products including the tropical cider-like beverage known as “mabi seibano,” Dona Tula sweets, and includes the chocolate route and other products. The Japanese initiative that began in 1979 has spread …

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2014News

Micro-credits requirements published

The Monetary Board reports that the ruling for information on how to apply for microloans is available on the Central Bank website. Micro-credits are described as an economic development tool and programs with flexible banking requirements have been created. The idea is to increase productivity for small companies and create jobs. See http://www.bancentral.gov.do/normativa/normas_vigentes/financieros/Segunda_Resolucion_Junta_Monetaria_14_agosto_2014_aprueba_version_definitiva_Reglamento_Microcreditos.pdf
2014News

Green light to continue construction of coal-fired plants

The president of the Superior Administrative Tribunal, which is in charge of hearing recourses against rulings by first instance courts on government administrative matters, has revoked a recent ruling that ordered the suspension of a public tender for the construction of the Central Punta Catalina with its two coal-fired plants in Punta Catalina, Peravia. Judge …

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