2015 – Page 45

President Danilo Medina inaugurated the 464 meters underpass at 27 de Febrero with Av. Presidente Guzman (better known as La Privada) in Santo Domingo yesterday, Sunday 15 November 2015. The roadworks were carried out by the Odebrecht and Grupo Estrella construction companies at a cost of US$12-US$13 million. The underpass eliminates the need for the …

Read more…

The Ministry of Foreign Relations has inaugurated the first Instituto del Dominicano en el Exterior (Index) office dedicated to Dominicans abroad. This is an initiative by the Medina administration under Minister of Foreign Relations Andres Navarro, who attended the inauguration at the Pedro Rosello Convention Center in San Juan on Thursday 12 November 2015. Secretary …

Read more…

As of 1 January 2016, wages up to RD$36,326.92 a month will not be subject to income tax. The DGII establishes an annual adjustment for inflation of the exempt income level. There are taxation increases on rising income on a scale of 15%, 20% and 25%. http://www.listindiario.com/economia/2015/11/16/396369/reinicia-en-enero-exencion-del-isr-a-los-trabajadores http://www.dgii.gov.do/informacionTributaria/publicaciones/guiasContribuyente/Documents/8.pdf

The Dominican Republic Center for Export and Investment (CEI-RD) has announced the celebration of the 10th How to Export workshop, this time with a focus on Canada. The free workshop is open at the CEI-RD training hall. It will take place from 8:30am to 1pm this Thursday, 19 November 2015. http://cei-rd.gob.do/exportacion/como-exportar-presentaciones/

Dominican economic growth is backed by the sustained massive debt taken by the PLD governments. A report in El Dinero points out that while Dominican economy, as measured by real GDP has historically grown by an average of 5% in the past 70 years, as of 2008 local governments have taken on an unprecedented amount …

Read more…

Last year’s Black Friday, a new tradition imported from the United States, recorded the highest sales in the Dominican Republic. As reported in Diario Libre, consumers spent RD$1,019,527,031 in 2014 compared to the RD$888,741,503 spent for the entire Christmas season. As reported, 7,719,343 credit card transactions took place on Black Friday 2014. Advertising was high …

Read more…

The municipal council of Pedernales has announced that the bi-national market in the south western border town will not take place today, Monday 16 November 2015, after an outbreak of cholera on the Haitian side of the border. As reported, hospitals in the Haitian border town of Anse-a-Pitres are treating several suspected cholera cases, and …

Read more…

The ruling PLD has announced that incumbent senator Julio Cesar Valentin will be seeking re-election as senator for Santiago in the 15 May 2016 general elections. President Danilo Medina was in Santiago yesterday evening Sunday 15 November 2015 accompanied by his political ally, PRD president Miguel Vargas Maldonado for a rally that took place on …

Read more…

French residents in the Dominican Republic gathered at the Juan Pablo Duarte Park in the Colonial City of Santo Domingo yesterday, Sunday 15 November 2015 to hold a vigil in solidarity with the victims of the terrorist attacks in Paris on Friday 13 November 2015. Candles were lit in memory of the victims. The French …

Read more…

The recent seizure of a cocaine and heroin consignment from a luxury yacht docked in Casa de Campo Marina has led to the arrest of six people, including four who were on board the vessel, The Kingdom, with alleged links to the First Lady of Venezuela, Cilia Flores. Two other men, the suspected ringleaders, were …

Read more…