2011 – Page 8

The local credit data bureau says that only 4% of Dominicans default on formal debt acquired through the financial system. Jose Alberto Adam of Data Credito says that the best payers are borrowers who take on micro-credits, or poor people and micro- and small-scale business owners. The company monitors credit of more than three million …

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The Dominican Civil Aviation Institute (IDAC) and state security bodies are investigating the theft of a private plane from a hangar belonging to Grupo Puntacana early Saturday morning. The plane was parked at La Isabela International Airport in northern Santo Domingo. The plane, a Beechcraft King Air 200 US registration N871, took off at 3:12am …

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The National District Prosecutor Office has arrested Sandra Mendez Delgado, wife of the suspected head of a network thought to be responsible for several ID forgeries at the Central Electoral Board (JCE), the agency in charge of IDs in the Dominican Republic. Her husband Felipe Omar Achecar is suspected of links with illicit activities along …

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A retired Police general was shot dead during a holdup on Saturday. His gun was taken. The incident occurred in Los Altos de las Praderas in Santo Domingo. Andres Julio Alcantara Valenzuela had parked the vehicle to board his young daughter who he was about to take to a friend’s house, when the assailants, riding …

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The Police are in pursuit of an employee of the Compania de Seguridad Polisur who worked at the Bavaro branch of Caribe Express. The fugitive former employee was named as Juan Galvez Aquino, who is suspected of tying up and gagging the manager to steal more than RD$5 million from the company. Police spokesman Colonel …

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The DR is in tenth place on the medals list at the Pan American Games under way in Mexico, after wrestler Juan Rubelin Ramirez Beltre defeated the favorite, Obenson Blanc of the United States in the 55-kilogram category. This is the first time he has won a medal at an international event. He said his …

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President Leonel Fernandez was in La Vega yesterday to launch the resumption of construction of the Guaigui Dam, under the National Hydraulic Resources Institute. The project is estimated to cost US$115.2 million, of which the government has borrowed US$78 million from the Deutsche Bank A.G. commercial bank. Speaking at the ceremony, INDRHI director Frank Rodriguez …

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President Leonel Fernandez attended yesterday’s inauguration of the III International Conference on Security and Defense: Global Risks 2011, which is taking place at the Global Foundation for Development (FunGlode). 38 presentations by experts from 17 countries will be made during the conference. Key presenters are Abel Galvan, deputy prosecutor of organized crime from Baja California …

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The president of the Association of Builders and Promoters of Housing (Acoprovi) says that Art. 76 of the Migration Law 285-04 is not enforceable. He said that no small-scale business has the capacity or financial logistics to contract the workers in Haiti and then transport them to the country and back to Haiti, as established …

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In an editorial today, Diario Libre makes the point that for a long time now, migration has been the country’s number one problem affecting security and way of life, but, as seems to be the norm, Dominicans don’t pay much attention to the important things. “The fact that we needed eight years from the passing …

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