2019News

Securities Market Superintendence approves the first issue of securitized securities

The housing and construction sectors are expected to benefit from the Securities Market Superintendence (SIMV) approval of the first securities issuance program. The first of its kind in the Dominican Republic, it was approved for up to RD$2 billion. Carlos Marranzini, general manager of the Dominican Tiltling Company (TIDOM), said: “This is a milestone in …
2019News

750 MW converted to natural gas by February 2020

Energy corporation executives were at the Presidential Palace on Wednesday, 11 December 2019 to announce together with President Danilo Medina advances in the conversion of 750 MW of power generation to natural gas by February 2020. After the meeting, the executive vice president of the Dominican Public Electricity Corporation (CDEEE), Rubén Jiménez Bichara announced the …
2019News

Hundreds rally in support of journalist Marino Zapete

Hundreds of journalists and freedom of speech defenders showed up in support to muckraking journalist Marino Zapete. Zapete is being sued by Maybeth Virginia Rodríguez Sánchez, sister of Attorney General Jean Alain Rodríguez. Zapete in his El Jarabe show on 25 September 2019 on TeleRadioAmerica presented evidence collected by a lawyer on irregular contracting signed …
2019News

Prosecutor in Villa Vásquez barbershop case sent home for Christmas

The Justice Ministry in Montecristi authorized that Montecristi prosecutor Carmen Lisset Núñez and National Drug Control Agency (DNCD) agents involved in the drug scandal at a Villa Vasquez barbershop to post a RD$40,000 bond and go home for Christmas. Previously, she had been sentenced to six months of pre-trial custody. The Attorney General Office said …