1996News

Cutting the time in Customs

The Customs Department has announced that it will begin applying the Generalized Agreement on Trade Tariffs starting in June. The new valuation system will reduce under valuations by importers to a minimum. According to Franklin Nuñez, Asociación Dominicana de Agentes de Aduanas, a grouping of customs agents, the new system will strengthen Dominican foreign trade …
1996News

The high cost of money

The differential between the interest the banks pay and the interest they charge is huge, resulting in the high cost of money, as revealed in the new report published last week by Boletín Bancario of the Clasificadora y Evaluadora del Caribe, an economic consulting firm, EcoCaribe, under its president, Manuel Cocco. The publication shows that …
1996 Travel News ArchiveTravel

Uniform tourism policies

The Minister of Tourism, Frank Jorge Elías, presided over a meeting held at the Ministry, with representatives of the Interamerican Development Bank, several government institutions and the National Hotel & Restaurant Association to discuss the need for uniform tourism policies and approve a Territorial Regulation Plan. Leonardo Da Silva, Sergio Veras, Luis A. Vergara, Antenio …