2016 – Page 2

The governor of the Central Bank, Hector Valdez Albizu told media reporters that speculators have created a sort of bubble in the exchange market due in part to the volatility of the international markets following the British Brexit vote. He said the local exchange market has been affected by multinational companies who usually purchase hard …

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The Dominican Association of Textile Industries (Aditex) called for the Senate to support a petition from domestic manufacturers that are participating in the 8 July 2016 public tender SEN-CCC-LPN-2016-01 to supply the Ministry of Education with backpacks, presumably for children attending public schools. The president of the Association, Juan Llopart spoke on behalf of members …

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Miguel Lama, the president of the board of directors of the Santiago Free Zone Corporation, backed proposals suggested by Rafael Blanco Canto, the president of the National Business Council (Conep), regarding the need to enact and comply with an election law that provides clear rules and avoids the use and abuse of state resources, among …

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One of the nation’s powerful transportation czars, Antonio Marte, the president of CONATRA, told reporters at a press conference on 6 July 2016 that if the government takes away the fuel subsidy as part of the new fiscal pact, his organization would be forced to increase fares or go on strike. This threat by the …

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The president of the Association of Industries of the Dominican Republic (AIRD), Campos de Moya, said on Wednesday 6 July 2016, that before starting the debate for the fiscal pact, the discussions regarding the Electricity Pact should be concluded. The pacts are ordered by the National Development Strategy Law (END). De Moya concurred with the …

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Las Americas International Airport taxi drivers picketed the airline terminal from 10am to noon on 6 July 2016, to protest Uber application drivers. The protest did not affect airport operations. Juan De Jesus, secretary of the airport taxi union, said that Uber transporting of passengers to the airport is illegal. He said that Uber is …

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An analysis carried out by the Dominican Observatory of International Commerce (ODCI) reveals that some 13 Dominican products would be among the most affected if and when the Trans Pacific Partnership (TTP) trade agreement goes into effect. The study “An Estimate of the Potential Impact of the TTP on the Dominican Exports to the United …

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The PRM and the PRSC announced they would not participate in the presentation the Central Electoral Board (JCE) of certificates will hold on 7 July 2016 to acknowledge winners in the 15 May 2016 election. The political parties announced the decision as they continue to protest the lack of judicial conclusion to claims made for …

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Social media is active protesting the reported enclosure of beach access by Hotel Sava Salinas in Peravia. The protestors say this is in violation to Environmental Law 64-00. Jose Antonio Diaz has tweeted photos showing a fenced in area of the beach. http://www.7dias.com.do/portada/2016/07/06/i213537_denuncian-hotel-aduena-una-parte-playa-salinas-bani.html#.V31jEUvxj7I

Trying to avoid a minibus that crossed a red light, news host Edith Febles swerved and her vehicle turned over resulting in major damages. Febles was not physically injured nor were there others injured. The accident occurred during the early morning of Wednesday, 6 July 2016. Febles was on her work to Channel 37, CDN …

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