2018 – Page 18

Loans for industry and business are relatively scarce and costly in the Dominican Republic, but getting a loan to purchase a luxury car is a breeze. Major banks in the Dominican Republic frequently hold major financing fairs to offer low cost financing of around 9% a year for the purchase of vehicles. Loans for industry …

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Two men were seriously injured following an explosion in the Larimar mine in Las Filipinas, Barahona. The accident happened on Saturday, 1 December 2018, and both men, aged 25 and 30, suffered burns over 90% of their bodies. One victim was identified as Junior Cuevas, but to date the other victim has not been identified …

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Attorney General Jean Alain Rodríguez has urged Argenis Contreras, suspect in murder of lawyer Yuniol Ramirez, to return to the country to face the charges. Contreras is currently in the United States and Rodriguez has asked him to hand himself over to the Dominican authorities. Rodríguez said that the Public Prosecution service would house Contreras …

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Since the beginning of this year there have been 3,065 neonatal deaths compared to 2,763 in the same period last year, which is a 10.8% increase. According to the Epidemiological Bulletin for week 45, published by the Ministry of Public Health, 74% of these deaths, some 2,259, happened during the first 28 days of the …

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Despite the fact that in 2018 there was a deficit of water, according the director of the National Institute of Hydrological Resources (Indrhi), Olgo Fernández, there will be sufficient water in 2019 for human consumption, but not for agriculture. Looking at the situation of water for this year, he said that that the recently over …

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It would seem Dominican taxpayers have already paid for the construction of the Samana-Santo Domingo toll road. But the contract is obliging to pay for it many more times over. Diario Libre looks into how since 2016, every year the amount paid from the National Budget to the Ministry of Public Works to pay the …

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National Police spokesman, Frank Durán Mejía announced the “Preventive Plan for Christmas Security 2018” kicked in on Monday, 3 December at 9:30am. More officers have been added to the patrols. Last year there were 24,023 police officers and 2,900 members of the Armed Forces patrolling the streets during the Christmas season. National Police director, Major …

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The Presidency sent to Congress a bill for the authorization of placement of public debt bonds for RD$190 billion through the Ministry of Hacienda, as reported in Diario Libre. The National Budget would authorize the bonds be placed in national and international markets in any currency. The amount could be increased to RD$231 billion As …

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According to President Danilo Medina’s spokesman, Roberto Rodríguez Marchena, on Friday, 30 November 2018, the President created an inter-institutional commission to analyze the documents and offer details about the Global Compact for Safe, Orderly and Regular Migration the country would be signing in Morocco. The commission was ordered to make final recommendations to the President …

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The Ministry of Economy & Planning launched the National Border Observatory (Observatorio de la Zona Fronteriza – OZF) on Friday, 30 November 2018. Upon making the announcement, Economy & Planning Minister Isidoro Santana called the platform a mechanism to monitor the economic, social and environmental situation at the border. The platform focuses on the border …

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