2016 – Page 103

Fondos de Inversion BHD general manager Gabriel Tinero has announced the operation of what he described as the country’s first mutual fund in US$. The advantage of the investments is that BHD Fondos offers an average yield of 2%, which is half a percent more than what the other commercial banks are paying. He said …

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The Dominican media are following up on a Wall Street Journal story published on 17 March 2016 that reports that sales consultant Elio Moti Sonnenfeld in Brazil has said he paid bribes on behalf of aircraft maker Embraer, the third largest aircraft manufacturer in the world. To push through the US$92 million sale of eight …

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Investigators from the Office for the Prevention of Administrative Corruption raided the Dominican Football Federation offices in Santo Domingo on Wednesday afternoon, 16 March 2016. All of the Federation’s employees were denied entry. It is now known that the search was ordered to investigate the handling of RD$51 million received from the Ministry of Sports …

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The Foundation for Institutionalism and Justice (Finjus) is asking the government to use the murder case involving Blas Peralta, the leader of the Fenatrado truckers’ association, as an opportunity to investigate the source of the transporters’ assets. Lawyer Servio Tulio Castanos Guzman said that the murder case represented a good opportunity for the DGII and …

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Writing in Hoy today, Friday 18 March 2016, journalist Millizen Uribe shares her opinion on the local Roman Catholic Church’s latest position on sexuality. The Catholic Church has taken a strong stance against US ambassador James Brewster, a gay rights activist. In the past, the church has also campaigned to influence government positions against abortion, …

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Leading tourism researcher and analyst Juan Llado has published his first novel, The Prince of Punta Cana. Llado says the novel is an opportunity to vindicate the often-denigrated animators at resorts around the country. It is the story of Nazario Cespedes, who after growing up in a rural area in Puerto Plata, went from working …

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The Dominican Republic, with the support of the Embassy of France, is taking part in Gout de France/Good France this year. The global event celebrates French gastronomy in restaurants worldwide on 21 March 2016. More than 1,700 chefs on all five continents participate in the event. A total of 16 Dominican restaurants were chosen: Santo …

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If you enjoy salsa dancing, don’t miss the show by Puerto Rican Ismael Miranda and Chiquito Team Band at the Hard Rock Cafe at the Blue Mall in Santo Domingo on Friday, 15 April 2016. Read more about upcoming events at http://www.dr1.com/calendar To read more news, see the DR1 News Archives at: http://dr1.com/premium/news/2016/index.shtml

President Danilo Medina was in San Cristobal yesterday, Wednesday 16 March 2016 for the formal start of operations of a new cement mill that increases the capacity of the Domicem plant. The vertical air-swept grinding mill manufactured by German brand Loesche will use all the waste ash from the Punta Catalina coal-fired plant that the …

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The Central Electoral Board (JCE) has announced it is giving political parties another day, by 6pm today, Thursday 17 March 2016 to comply with the 33% quota of women and complete their registration process. The registration needs to be made online. JCE president Roberto Rosario says that the digital platform does not allow duplicate registration …

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