2016 – Page 12

Organized by the Center for Exports & Investments (CEI-RD), the RD Exporta 2016 showcases products and services offered by the leading Dominican export companies. Speaking at the opening of the event on Monday, 27 June 2016, Jean Alain Rodriguez, director of CEI-RD, highlighted that the Dominican Republic exports more than 3,700 lines of products to …

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Minister of Tourism Francisco Javier Garcia highlighted that the tourism sector received 49% of foreign direct investment received in the country in 2015. Furthermore, he said there is no other destination in South America, Central America or the Caribbean that has benefited by such a large investment in public infrastructure as that carried out by …

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Speaking during an interview at Diario Libre, the president, vice president and treasurer of the National Hotel & Tourism Association (Asonahores), Simon Suarez, Rafael Blanco, and Joel Santos respectfully pinpointed areas for improvement in the sector. Asonahores president Simon Suarez called for more professionalism in municipal management to overcome the deficiencies that affect tourism industry. …

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The Dominican Republic has the highest value-added tax (IVA) in Latin America. The comparable ITBIS tax in the Dominican Republic at 18% is only lower than the 22% in Uruguay, 21% in Argentina and 19% in Chile. Recently tax expert Francisco Canahuate has been advocating the government reduce the tax to foster more people paying …

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There is speculation that the president of the Senate for the next term is a done deed and it is likely to be Reinaldo Pared Perez, who is part of the Political Committee of the PLD in his role as secretary general of the organization. Pared Perez was president of the Senate from 2006-2010 and …

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According to the directors of the Chamber of Oil and Mining in the Dominican Republic (Camipe) the Romero Project in southwestern San Juan de la Maguana could begin the extraction of gold, silver and copper in three years time. It is estimated the mine has five million ounces of gold, and in the first stage …

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The president of the Dominican Medical Association (CMD), Waldo Ariel Suero, has completely rejected the proposal of the new director of the National Health Service, Dr. Nelson Rodriguez, to extend the working hours of doctors at public hospitals. Dr. Suero said that Dr. Rodriguez had only just taken up his post when he had the …

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Manuel Jimenez and other former candidates for mayor of Santo Domingo East have broken inside the Superior Electoral Court (TSE) demanding to know the result of the ruling that rejected their complaint about the election results. Having reached the fifth floor they were thrown out by security guards. Jimenez said that they came to get …

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The family of the late founder of the Dominican Liberation Party, Professor Juan Bosch has asked the director of the National Lottery, Jose Francisco Pena Tavarez to make public amends to the family for having included the photograph of the political leader on a lottery ticket that was launched on Sunday 26 June 2016. Josefina …

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Businessman Gaetan Bucher presides the Dominican-Swiss Chamber of Commerce and Tourism (CCTDS) for the period 2016-2018. Bucher is CEO of VelumBlue, a financial company that specializes in investment funds. He said he will continue to promote actions through the chamber to boost trade and investments between the Dominican Republic and Switzerland. Attending the election was …

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