1996News

Exports of non-traditional goods up

Non-traditional goods exports from the Dominican Republic, excluding free zone exports, increased in 1995, according to the Centro Dominicano de Exportaciones (CEDOPEX) latest report. Some 332 items generated US$193 million. Traditional goods – coffee, cocoa, sugar and tobacco – generated US$275 milion. The principal markets for non-traditional Dominican exports were the United States, the European …
1996News

President of industries association comments on decline in manufacturing

The president of the Asociación de Industrias de la República Dominicana, Celso Marranzini, says that the 5.7% decline in manufacturing outside of the industrial free zones reported last week by the Central Bank reflects the difficulties industry encounters in this country where government policies favor imports and commercial activities, rather than production and exports. He …
1996News

Tax collections up

The government reported a new record in tax collections during the first quarter of the year. Some RD$459.4 million more was collected this January, February and March than during the same months in 1995, according to the monthly publication of the national budget office, the Oficina Nacional de Presupuesto. Government collections for the first three …