2016 – Page 85

Presidential legal advisor Cesar Pina Toribio says that it would be what he described as “intolerable meddling” to allow the United States Embassy to play a greater role in the Dominican elections than is already established. He pointed out that ambassadors are usually granted access to information about the whole electoral process and are invited …

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Line 1 of the Santo Domingo Metro was delayed at 7:30am yesterday, Tuesday 12 April 2016 after the emergency alarm system was set off inside one of the cars. According to the Transport Reorganization Office (Opret) the alert was activated by two passengers, which meant that the train had to be completely evacuated at Los …

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Several Haitian senators are calling for the ban on the import of 23 Dominican products by land that has been in place since 1 October 2015 to be lifted, as they say it is affecting the country’s poorest citizens. Senate Economic Committee member Jean Baptiste Bien-Aime said that he has called a meeting of the …

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The Dominican Coffee Council (Codocafe) has announced that the European Union recently recognized Dominican coffee by granting protected designation of origin (PDO) for Valdesia coffee from Peravia (Bani) province. On the occasion of the National Coffee Day celebrations yesterday, Monday 11 April 2016, Jose Fermin Nunez of Codocafe said that the distinction makes the DR …

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News reports say that since more tourists have been visiting Cuba, demand for beer has grown significantly and the main local manufacturer, Bucanero has not been able to keep up. This has presented an opportunity for the Dominican Republic. A recent story in the San Francisco Gate reports that Cuba will be now importing three …

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The vice president of the Dominican Republic Industries Association (AIRD) and the president of the Dominican Republic Bosses Confederation (Copardom) Circe Almanzar and Joel Santos say that in a fiscal reform priority must be given to achieving efficiency in government spending. They were interviewed separately in response to the recent view expressed by the Inter-American …

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According to the Dominican Telecommunications Institute (Indotel), 8.82 million mobile lines were in operation in the country in January 2016, compared with 8.79 million in December 2015. Of the total, 6.87 million were pre-paid lines and 1.95 million were post-paid. In terms of market share, Claro had 4.48 million lines (4.47 million in December), followed …

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Chinese photovoltaics (PV) maker Yingli Green Energy has confirmed that it has signed a deal for the supply of 200 MW of solar panels for several projects in the Dominican Republic. The company has signed an exclusivity agreement with an unnamed engineering, procurement and construction (EPC) partner from Europe. The exclusivity period under the deal …

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According to the International Monetary Fund (IMF) the Latin American and Caribbean economy will contract by 0.5% this year, with the region divided between the north, which will suffer less than the south. The IMF said that although this will be the second consecutive year that the region will experience a decline in growth (in …

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A report in El Dinero published yesterday, Tuesday 12 April 2016 focuses on the Dominican Presidents and the extent to which they have indebted the country. The report concludes that in absolute terms, current President Danilo Medina has brought about the greatest increase in the Dominican Republic’s debt. In his first two years, he increased …

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