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| Jorge Woodbridge, Costa Rican Competiveness Minister, visited the country to see the advances made here within the business climate, an achievement that was recently recognized by the World Bank through “Doing Business.” Mr. Woodbridge affirmed that | Economy | 10/1/2008 |
| The Dominican government has earmarked 6 billion pesos for the agricultural sector to be used for short, medium and long-term projects as a way of guaranteeing national agricultural production in the face of the world food crisis affecting many natio | Economy | 10/1/2008 |
| The Executive Branch of the Dominican government, by decree, created a customs office for the special treatment and movement of high priority natural resources making them available for dispatch within 24 hours after presenting their declaration. | Economy | 10/1/2008 |
| Representatives from the European Union and the Dominican government, through the ONFED, signed a financial agreement for 7.5 million Euros in the form of a support budget for the prevention of and rehabilitation from natural disasters. | Economy | 10/1/2008 |
| The National Competitiveness Council (CNC), the Dominican Agro-Business Council (JAD) and the Pineapple Producers Collective published a technical guide for pineapple cultivation called “Better Pineapples for Competitiveness,” with the objective of p | Economy | 9/26/2008 |
| The Dominican government will send 500 tons of food and construction materials to Cuba, worth 17 million pesos, as a gesture of solidarity to alleviate the damage suffered by this island nation following last week’s devastating hurricane, Ike. | Economy | 9/23/2008 |
| The Dominican Tourism Minister announced that in the coming years the private sector will begin construction on various tourism development projects in the country´s main tourism areas at a cost of more than 9 billion US dollars. | Economy | 9/23/2008 |
| Commerce Secretary of the United States, Carlos Gutiérrez, used the Dominican Republic as an example of one of the Latin American countries that has achieved “tangible results” in its business climate that “will have an impact” on the country’s compe | Economy | 9/20/2008 |
| The Executive Branch promulgated the Supplementary Budget that modifies approved spending in the Income Budget and the government’s 2008 Public Spending Law, raising the amount to RD$31,340 million pesos. | Economy | 9/3/2008 |
| Dominican President Leonel Fernández was sworn in on Saturday as president for a term of four years. President Fernández presented his plan to reactivate and protect the countrys economy, weakened by the high oil and food prices. | Economy | 9/3/2008 |
| The Minister of Environment and Natural Resources, Omar Ramírez Tejada and representatives of the National Council of Duty Free Export Zones (CNZFE) met to discuss some of the requirements of the sector and the advances being made by the Ministry to | Economy | 8/26/2008 |
| Thanks to a $45 million peso investment, the South Future Foundation (Fundación Sur Futuro), the Ministry of Environment (SEMARENA), the Japanese Agency for International Development (JICA) and the Kellogg Foundation together made possible four irri | Economy | 8/12/2008 |
| The Tourism Promotion Office (OPT) of the Dominican Republic, with its headquarters in Chicago, is undertaking an aggressive strategy to expand its market in the Midwest United States and to open a new niche among this important American demographic. | Economy | 8/12/2008 |
| The General Office of Internal Revenue Service announced the extension of the obligation to withhold Income Tax of Individual Workers or foreign earners who offer professional services related to development projects involving products, materials, pr | Economy | 8/12/2008 |
| Dominican President Leonel Fernández, announced the implementation of an austerity plan to go into effect the second semester of this year. It will consist of cut backs in public spending and the acceptance of outside financing necessary to cover the | Economy | 7/30/2008 |
| Authorities and representatives of the duty free zones announced they will put into effect a project to re-launch the local textile sector with the objective of identifying potential markets and buyers in the United States and Europe. | Economy | 7/30/2008 |
| The Foreign Minister from the Bolivarian Republic of Venezuela, Nicolás Maduro Moros, held an intense work session with Dominican Secretary of State Miguel Mejía to analyze the integration projects and agreements between the two countries. | Economy | 7/30/2008 |
| Dominican President Leonel Fernández proposed the creation of a block comprised of the 157 countries affected by the rise of oil prices as a way of demanding that oil producers invest part of the unregulated profits they earn in prepaid sales. | Economy | 7/28/2008 |
| Dominican President Leonel Fernández arrived last Saturday to Venezuela to participate in the 5th Extraordinary PetroCaribe Summit to be officially inaugurated on Sunday. | Economy | 7/28/2008 |
| The District Attorney, Business Software Alliance-BSA and Dominican Microsoft announced the intensification of raids on commercial centers or sales points where computer equipment is found to be violating Law 65-00 that governs Intellectual Property | Economy | 7/28/2008 |
| Dominican President Leonel Fernández, in his final declaration at the Petrocaribe summit, called on member countries to remain alert to the excessive and unregulated speculation going on in the international oil markets. He said it has become a decis | Economy | 7/28/2008 |
| The Dominican Republic continues consolidating itself as an attractive tourist destination as is confirmed with the news that, for the 11th straight month, large numbers of foreign tourists are arriving at the various airports around the country. | Economy | 7/28/2008 |
| The National Competitiveness Council (CNC) and the United States Agency for International Development (USAID-RD) is promoting the facilitation of commerce, the creation of a business climate and the improvement of collaboration between industries thr | Economy | 7/24/2008 |
| As part of Tourism Minister Félix Jiménez’s trip to Spain, Italy and Switzerland, the Tourism Minister held a series of meetings with the main tour operators and press outlets. In Switzerland, he procured bilateral links and familiarized the Swiss ma | Economy | 7/24/2008 |
| Dominican authorities, upon signing an agreement with the Basque government, received a donation of 300,000 Euros which are earmarked for the rehabilitation of 21 aqueducts that were damaged during last October’s Tropical Storm Noel. | Economy | 7/24/2008 |
| The Economy Minister, Vicente Bengoa, announced that next week the Executive Power will submit the Supplementary Budget in which the subsidization of bread is expected to be continued. | Economy | 7/18/2008 |
| Acting through Decree Number 243-08, the Executive Power created a Food Security Council. The Council will be headed by President Leonel Fernández and the Minister of Agriculture will act as the council’s Vice-President. | Economy | 7/16/2008 |
| President Leonel Fernández announced that a Food Development Plan will be undertaken in coordination with the public and private sectors. He also pledged that the Dominican Republic will successfully come out of the food crisis affecting the world. | Economy | 7/16/2008 |
| L egislators should approve the Commercial Society and Mercantile Restructuring Law projects in that they are “vital to improve the business and competitiveness of our country” as these legal instruments represent “a substantial improvement in the co | Economy | 7/16/2008 |
| ADEMI Bank president, Manuel Arsenio Ureña wanted to get to know Santo Domingo’s Chinatown and to begin the process of establishing a cooperation agreement, so he paid a visit to the offices of the Flower for Everyone Foundation. | Economy | 7/16/2008 |
| The President’s Commission on Millennium Objectives and the Cisneros Foundation will work in coordination to carry out a series of programs to improve the quality of life among residents of the Municipality of Miches. | Economy | 7/16/2008 |
| With an eye to carving out a tourism niche among private airline companies, James Parker is in the Dominican Republic this week. Mr. Parker, invited by the government, is the main promoter of the Dominican tourism market for the United States, Canada | Economy | 7/16/2008 |
| Dominican President Leonel Fernández and his economic team recently signed a monitoring agreement with the International Monetary Fund (IMF). | Economy | 7/16/2008 |
| Dominican President Leonel Fernández will oversee a meeting between his economic team and the International Monetary Fund (IMF), the Inter-American Development Bank (IDB), the World Bank (WB), the Economic Commission on Latin America (ECLAC), and the | Economy | 7/16/2008 |
| Spanish tourism in the Dominican Republic has been on the rise for these past years, totaling some $2.155 billion dollars between 1993 and 2007, revealed Dominican Tourism Minister Félix Jiménez to a full auditorium made up of members of the Confeder | Economy | 7/16/2008 |
| Puerto Rico is seeking wider bilateral cooperation with the Dominican Republic and other Spanish-speaking Caribbean islands in the area of tourism with the view of eventually reaching regional agreements and strategies in the face of such challenges | Economy | 7/1/2008 |
| Dominican Tourism Minister Félix Jiménez is visiting various European cities where he will promote tourism in a bid to increase the numbers of European visitors to the Dominican Republic | Economy | 7/1/2008 |
| On Thursday, Dominican President Leonel Fernández began a series of work meetings with various government sectors to draw up an “Integral Development Plan” to confront the various aspects of the world crisis stemming from the rising food and fuel pri | Economy | 6/23/2008 |
| The government of President Leonel Fernández is maintaining “absolute control of the national financial situation” despite the international economic problems caused by rising fuel and food prices and therefore is not considering a tax reform for the | Economy | 6/23/2008 |
| With the assistance of Dominican Vice-President Rafael Alburquerque and José Luis Machinea, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), Juan Temístocles Montás, Minister of Economy, Planning and Develop | Economy | 6/19/2008 |
| In an effort to reasonably confront the high cost of passenger and cargo transport, three state institutions have decided to unite their efforts “to promote, manage and co-finance, in a joint effort, the diagnostics, analysis and reforms necessary fo | Economy | 6/19/2008 |
| Speaking on Tuesday, Dominican President Leonel Fernández warned that countries like the Dominican Republic as well as others in Latin America and the Caribbean are quickly finding it impossible to keep up with the skyrocketing prices of fuel. | Economy | 6/19/2008 |
| Dominican President Leonel Fernández conferred upon José Luís Machinea the Order of Duarte, Sánchez and Mella Award during a solemn ceremony in the National Palace. | Economy | 6/19/2008 |
| The Northern Region Industrialists Association (AIREN) in coordination with the National Competitiveness Council (CNC) began a project to support the competitiveness of businesses in this area of the country, through the implementation of ISO 9001-20 | Economy | 6/19/2008 |
| The Economic Commission for Latin America and the Caribbean (ECLAC) will begin its 32nd Ministerial Meeting this coming Tuesday in Santo Domingo where it will discuss strategic themes for development in the region. | Economy | 6/16/2008 |
| President Leonel Fernández held a work meeting with 16 Spanish investors in which they discussed investment possibilities in the tourism and energy sectors as well as railroad projects. At the working dinner the participants talked to President Ferná | Economy | 6/16/2008 |
| The Dominican Republic and Cuba agreed on Wednesday to form commissions to begin the writing of a Free Trade Agreement, free of customs duties. President Leonel Fernández and the First Vice-President of the Cuban Council of State Ramón Machado Ventur | Economy | 6/16/2008 |
| The President of the Dominican Republic, Leonel Fernández, on Wednesday proposed the application of an emergency action plan that would allow the world’s most vulnerable countries to have access to enough resources to confront the rising costs of oil | Economy | 6/12/2008 |
| United Nations Secretary General Ban Ki-Moon announced that he is considering the proposal made by member countries of the Central American Integration System (SICA) led by Dominican President Leonel Fernández, which calls for a special UN session to | Economy | 6/11/2008 |
| The Dominican Republic was elected by delegates from around the world to be the Rapporteur of the Plenary Conference of FAO Food Summit underway currently in Rome. The rapporteur of the plenary will be undertaken by Dominican Agriculture Minister, Sa | Economy | 6/11/2008 |
| During his participation in the Central American Integration System Summit (SICA), Minister of Foreign Relations, Carlos Morales Troncoso, said President Leonel Fernández will seek support from his counterparts to create a Food and Energy Crisis Fund | Economy | 6/10/2008 |
| Heads of State and Governments of the Central American Integration System (SICA) and the Brazilian President are calling for an urgent meeting of the Extraordinary Session of the General Assembly of the United Nations to deal with the world economic | Economy | 6/10/2008 |
| Dominican President Leonel Fernández was unanimously elected to be the vice-president of the High Level Conference on World Food Security, Challenges of Climate Change and Biofuels, welcoming a proposal from the Group of Latin American and Caribbean | Economy | 6/10/2008 |
| On Wednesday, Dominican President Leonel Fernández met with major investors of the Barrick Gold Company, the biggest mining company in the world. The meeting, in the National Palace, was held to discuss the development | Economy | 6/5/2008 |
| A recent study revealed that 79% of all software packed and installed in the country’s personal computers in the last year is illegal. The study about international software pirating was carried out by International Data Corporation (IDC), a global l | Economy | 6/4/2008 |
| The National Competitiveness Council (CNC) has asked the National Congress to approve three law projects submitted by President Leonel Fernández in 2007 which are fundamental to guarantee the competitiveness of Dominican businesses. | Economy | 6/2/2008 |
| President Leonel Fernández met last Wednesday with a negotiating commission to discuss the government’s acquisition of shares of the Dominican Shell Oil Refinery. | Economy | 6/2/2008 |
| The Dominican Minister of Economy, Planning and Development announced on Tuesday that the government will take rigorous steps to guarantee the fulfillment of its economic commitments. Juan Temístocles Montás said the economic authorities are consciou | Economy | 6/2/2008 |
| Dominican President Leonel Fernández will travel on Wednesday May 28 to Rome and El Salvador to participate in meetings about food security, climate change and bio-engineering. Participants will also discuss increased cooperation among countries belo | Economy | 6/2/2008 |
| The Dominican Tourism Promotion Office (TPO) in Miami took part in the “Trade Show and Appreciation Dinner,” given by GoGo Worldwide Vacations, one of the most important tour operators in the United States. The TPO is hoping to promote | Economy | 5/22/2008 |
| Dominican President Leonel Fernández announced the creation of a National Council for Food Security comprised of representatives from the private and public sector with the goal of confronting the threats inherent in the current global food crisis an | Economy | 5/19/2008 |
| The first Air Dominicana flight landed last night at 8:15 p.m. at the International Airport of the Americas (AILA). Beginning at midday on Friday it will begin test flights between Santo Domingo and Santiago. | Economy | 5/19/2008 |
| The Dominican Republic will participate in a regional Food Security Program in Managua, Nicaragua this coming May 7. Participants at the summit will discuss regional strategies on improving production and distribution of food in the face of world wid | Economy | 5/13/2008 |
| The number of non-resident tourists arriving to the DR by airplane continues to rise, especially this past month when 389,075 tourists landed in the DR, according to a press release from Tourism Minister Félix Jiménez. | Economy | 5/13/2008 |
| The average salary for Dominican families living in the United States increased 18% between 2000 and 2006, rising from $28,729 in the year 2000 to $33, 837 in 2006, according to the Quisqueya Foundation, a non-governmental organization (NGO). | Economy | 5/13/2008 |
| Over the past two years, the Executive Committee for Tourism Infrastructure (Ceiztur) has carried out, and is still in the process of working on, projects worth US$88,067,931 dollars, currently equivalent to nearly RD$3 billion (RD$2,981,980,143.66). | Economy | 5/13/2008 |
| The National Competitiveness Council (CNC) negotiated for the implementation of an incubator business network that would facilitate the coordinated development of highly competitive companies based on the availability of intellectual capital and cont | Economy | 5/13/2008 |
| The Dominican Republic signed two agreements in the amount of 10 million Euros that will benefit the Ministries of Education and Environment. | Economy | 5/13/2008 |
| The Dominican government arrived at a consensus on Thursday with production, commercial and retail sectors around the country that would essentially establish a reasonable pricing system of basic food necessities especially rice, chicken, eggs, milk | Economy | 4/29/2008 |
| The Dominican Republic is the first country in the world in terms of the amount of money spent by the government in the tourism sector, confirmed Senior Economist from the World Economic Forum, Irene Mía, who added that the sustainability of the | Economy | 4/29/2008 |
| Due to the Dominican Republic’s lack of university-level training for ports and harbor management, it is difficult to find and train high level, executive, division chiefs, supervisors and analysts. As a result, it is necessary to establish a pertine | Economy | 4/25/2008 |
| The Support Program for Small Dominican Enterprises (PROEMPRESA), administered by the European Development Fund with resources donated by the European Union is wrapping up a 5-year program of supporting the development of small and medium sized busin | Economy | 4/2/2008 |
| With a 10 million Euro investment, the Support Program for Small Private Dominican Enterprises (PROEMPRESA), financed with a donation from the European Union and the Dominican government, wrapped up its work in the country after having helped more th | Economy | 4/2/2008 |
| Secretary of Industry and Commerce Melanio Paredes, confirmed that the main achievement of the first year of implementation of the Central American and Dominican | Economy | 4/2/2008 |
| The Secretary of State for Tourism (SECTUR) projects that it will invest as much as $8 billion US dollars over the next five years (2008-2012) in tourism promotion projects. This year alone tourism projects will exceed $1.5 billion US dollars (nearly | Economy | 3/31/2008 |
| The National Competitiveness Council (CNC) and the Government’s Norms and Quality Agency (DIGENOR), will implement a pilot program that will introduce the culture of quality control in productive networks and among business leaders in small and | Economy | 3/19/2008 |
| The National Council for Competition (CNC) and the Association of Industries of the Dominican Republic (AIRD) signed an agreement to unite their efforts around a project known as “Industrial Innovation: Competing With Speed and Flexibility,”... | Economy | 3/16/2008 |
| Speaking before the National Assembly in commemoration of Independence Day, Dominican President Leonel Fernández gave a traditional speech in which he clarified the country’s economic situation and enumerated the achievements of his mandate in such | Economy | 3/9/2008 |
| The National Council for Competition (CNC) and Oxfam, the Spanish organization, signed an agreement in which they have committed to identify, co-finance and implement educational and strengthening activities for the clusters of small coffee producers | Economy | 2/20/2008 |
| Secretary of State for Economy, Planning and Development launched the “Second Survey on the Effectiveness of Assistance and Development,”... | Economy | 2/14/2008 |
| Director of the National Council for Competition (CNC), Andrés van der Horst, participated as a panelist, representing the Dominican Republic... | Economy | 2/2/2008 |
| The General Directorate of Internal Revenue (DHII) announced the application of a series of measures favoring the national farming and agricultural sector... | Economy | 2/1/2008 |
| The General Office of Internal Taxes (DGII, Spanish acronym) announced the new income tax scales that will go into effect this year. Those who earn... | Economy | 1/21/2008 |
| Governor of the Central Bank, Héctor Valdez Albizu, reported that the Dominican economy of 2007 ended on a positive note with widely satisfactory results,.. | Economy | 1/18/2008 |
| On Thursday, Dominican President Leonel Fernández announced and put into force the Budget Revenue 15-08 Law and the Public Spending Law for this year. | Economy | 1/18/2008 |
| During 2007, Latin America and the Caribbean sustained a favorable economic situation that allowed for growth in nearly all the countries of the region. | Economy | 1/9/2008 |
| The Dominican government announced on Tuesday that the Economic Association Agreement, signed by 15 Caribbean countries including the Dominican Republic and the European Commission | Economy | 1/9/2008 |
| The National Competition Council (CNC) and the NGO Alliance will work together to promote Socially Responsible Business Practices with... | Economy | 1/8/2008 |
| The Secretary of State for Tourism, business people in this sector, the District Town Council (ADN), the Chamber of Commerce and Production and the National Council for Competition (CNC)... | Economy | 12/18/2007 |
| The Dominican Secretary of State for Tourism has announced that in February the second phase of a beach rehabilitation plan will get underway in the provinces of San Cristobal, Barahona and Montecristi with a $21 million investment. | Economy | 12/18/2007 |
| The National Development Council, headed by President Leonel Fernández, met on Thursday and approved the National Projects Budget and the General Law for Income and Public Spending for 2008. | Economy | 12/18/2007 |
| Around 200 Dominican artisans and craftspeople, from all around the country, will promote and sell their wares at the Sixth Annual Christmas Crafts Fair to be held December 7-9 in... | Economy | 12/13/2007 |
| The Reserve Bank has announced that interested readers can download books, free of charge, published by... | Economy | 12/13/2007 |
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