2020 – Page 252

President Danilo Medina enacted Law 45-20 on Movable Guarantees, that establishes a “clear and efficient” legal framework for a guarantee system as a tool to access and expand credit for micro and Small and Medium-Sized Enterprises (SMEs). “With this law, we are benefiting thousands of people and MSMEs, which will be able to apply for …

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According to the international tax news website, Taxscan, the Dominican Republic has announced value-added tax (VAT, known in the DR as ITBIS) exemption for services provided by investment funds. The tax imposed on the issuing of checks and electronic transfers will not be levied on withdrawal of assets allocated in investment funds. Read more:Tax Scan …

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Diario Libre newspaper continues to follow up on the dispute over land use and Cotubanamá National Park in the La Romana-Punta Cana area. For years, the Spanish tourism company Globalia has sought to build a resort on beach land on the outskirts of the protected area. It was not until this January 2020 that a …

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Catalina Encarnación, of the World Vision global Christian humanitarian organization, reveals that 72.8% of the teenagers in Miches and 69.3% in Tamayo have been victims of some type of abusive relation or have suffered from sexual exploitation. As reported in El Dia, World Vision reports that in these two municipalities the rate of teen pregnancies …

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There is a new reason to return or make a first-time visit to the view-rich Fray Antonio de Montesinos monument on the Malecon of Santo Domingo. Top-rated Dominican contemporary artists Engel Leonardo, Pascual Meccariello, Patricia Castillo (Patutus), Rafael Perez Concepcion and Raquel Paiewonsky are presenting their work in an art collective. The exhibition, “With Eyes …

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Fundación Renacer is inviting to the “Da la vuelta por mi” walk in the Parque Iberoamericano located at Av. Cesar Nicolas Penson corner with Alma Mater. The event is a benefit for the Dominican Multiple Sclerosis Foundation (Fundacion Dominicana de Esclerosis Multiple), the local multiple sclerosis organization that is presided by Roberto Rodriguez. Rodríguez says …

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The best in windsurfing, kitesurfing, surfing and standup paddleboarding (SUP) are meeting in Playa Encuentro, Cabarete this 23-28 February for the annual Master of the Ocean Championship. The event is being held for the Independence Day long weekend. An Independence Dance Music Festival is held to make the event more attractive for all who attend. …

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The Spanish hit comedy, “Toc Toc” performed by the Compañía Teatral Niní German is on the stage of the Palacio de Bellas Artes on Av. Máximo Gómez the weekend of 20, 21 and 22 February 2020. There are two performances on Saturday, 21 February at 5 and 8:30pm. Other performances are at 8:30pm. The play …

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Hector Acosta (El Torito) and Diomary La Mala will take the stage of the Salon La Mancha at the Barcelo Santo Domingo Hotel on 9pm on Friday, 6 March for the celebrating of International Women’s Day. The concert “El Torito y la mujer” promises to be an evening of memorable songs and dancing. 19 February …

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President Danilo Medina called on the population to maintain peace and good coexistence in a message to the nation transmitted through radio and television. “There is much to lose if we let ourselves be led down the path of fanaticism. This is not the time to sow chaos, nor to act impulsively,” said Medina. It …

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