News – Page 7701

Farmers in the Dominican Republic are affected by insufficient and scarce financing, the growth in production costs, the acute electricity crisis, the lack of technical assistance, research, “know how” transfer programs, and the great problem of marketing their products. The farmers are also receiving adverse effects from the globalization of trade, and the opening of …

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Codetel has announced that it is reducing the price of calls of up to two minutes from public telephones to RD$1.00. The company says that the measure seeks to assist those using public telephones for emergency calls. It also announced that the service known as Secretel will be available for Cibao Central (Santiago, Moca, Puerto …

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The nation’s president, Dr. Joaquín Balaguer, has passed to the Senate 14 conventions and bilateral agreements, including the financing for US$28 million (360 million pesos) from the World Bank for the building of an irrigation scheme. Also submitted for the approval of Congress, via the Senate, are the financing for 15 million Ecus (249 million …

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Re/Max International, one of the most important real estate firms in the United States is now operating in Santo Domingo. This was announced by Patrick Murphy and Hinya de Peña, the regional director and director of the Santo Domingo office. They both pointed to the volume of the Dominican real estate market. Remax in Santo …

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The ambassador of Chile in the Dominican Republic, Hugo Miranda, has proposed the signing of a bilateral trade agreement. He says that Chile has already signed agreements with Mexico, Colombia, Venezuela and Bolivia and is finalizing negotiations with countries in Mercosur. He said that they are interested in improving trade with the D.R. and foresees …

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On Wednesday, 17 April, the newspaper Listín Diario, published a report indicating that a study by The Economist Intelligence Unit Ltd. for the first quarter of the year states that foreigners are delaying making investments in the D.R. until the results of the election are known. The publication feels that the country will only grow …

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The Dominican Republic was the country in the Caribbean that showed the largest growth rate – 5%, according to a preliminary report from the Comisión Económica para América Latina y el Caribe (CEPAL). It attributes the dynamism of the Dominican economy to the foreign exchange generated by tourism, family remittances from overseas, and the industrial …

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Representatives of the board of directors of the Instituto Dominicano de Seguro Social (IDSS) and doctors of the Asociación Dominicana Médica (AMD) employed at IDSS hospitals have not been able to reach an agreement to end the work stoppage that has gone on for more than six months. During a meeting on the night of …

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In its official Good Friday sermon, the Catholic Church criticized Dominicans for being indifferent and for their apathy to the problems that affect the country, stating that the nation is living in a democratic system contaminated by corruption, social disorder, delinquency, violence and a lost of trust in justice and the official institutions. It issued …

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The political campaigns resumed in full after the change of pace for Holy Week. Contenders in the presidential race are Jose Francisco Peña Gómez, Leonel Fernández, Vice President Jacinto Peynado, and José Rafael Abinader and Rafael Alburquerque because other minority parties were disqualified by the Junta Central Electoral last week. The presidential candidates had retired …

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