2016 – Page 96

The regional director of the United States Drug Enforcement Agency (DEA), Matthew Donahue visited President Danilo Medina at the Presidential Palace yesterday, Tuesday 29 March 2016. The visit comes at a time when a new scandal of judicial lenience towards drug traffickers is making headlines, following a decision by an alternate judge in La Romana, …

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The Dominican Republic is hosting the 10th Meeting of Foreign Relations Ministers of the Community of Latin American and Caribbean States (CELAC) and the 17th Meeting of National Coordinators at the same time at the Sheraton and Jaragua Hotels in Santo Domingo today, Wednesday 30, tomorrow Thursday 31 March and Friday 1 April 2016. Thirty …

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Central Bank governor Hector Valdez Albizu has announced that the Central Bank will gradually be adding between US$100 and US$200 million to the market to satisfy the need for dollars for national productive activities. Valdez Albizu made the announcement following a meeting with bank finance officers yesterday, Tuesday 29 March 2016. He said that they …

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According to the executive director of the Center for Export and Investment (CEI-RD), Jean Alain Rodriguez, agricultural exports from the country jumped 22% between 2012 and 2015. Rodriguez said that there were significant increases in the export of several agricultural products, including cucumbers (170%), organic bananas (115%) and mangoes (69%). He said during the 2012-2015 …

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The Inter-American Development Bank is donating US$400,000 worth in three studies to establish the potential of geothermal, biomass and small hydropower plants, announced the Minister of Energy and Mines Antonio Isa Conde. The research is aimed at helping the Ministry to improve the way it organizes renewable energy in the country. The IDB, through its …

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As of January 2016, Dominican workers have savings of RD$373.25 billion in pension plans. These plans are managed by the pension plan administrators (AFP), which invest the savings on behalf of the workers. The average annual yield of the funds in 2015 was 10.7%, down from 12.5% in 2014. Data shows that 79.8% of the …

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Guillermo Moreno of Alianza Pais is the first presidential candidate to come forward to announce that if elected, his government would cut taxes to favor small business and family businesses. In a presentation to the membership of the Inter-American Business Association (ASINE) he said that his government would eliminate the obligation for small business to …

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According to a report by Radiant Insights there were 10,519 High Net Worth Individuals (HNWIs) in the Dominican Republic in 2013 who between them held US$43 billion in wealth, and their average wealth per person was US$4.1 million. In 2013, Dominican HNWI numbers increased by 5.5%, following a 6.5% increase in 2012. Growth in HNWI …

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At least 17 children under the age of 14 and one adult have died from dengue so far this year, an increase on the 2015 figure, which was 14 during the same period. According to the Ministry of Health’s epidemiological bulletin No. 10, so far this year 822 cases of zika virus have been detected, …

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The Plaza de la Salud hospital (HGPS) says that it has never refused treatment to any patient, let alone patients who attend the organ and tissue transplant center. Following a complaint yesterday, Tuesday 29 March 2016 from a woman who had a liver transplant and now claims that the hospital will no longer help her …

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