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Dominican Republic

Inflation stands at 3.06% in ten months of this year

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The consumer price index (CPI) registered a variation of 0.67% in October 2019 compared to September and the accumulated inflation in the January-October period stood at 3.06%.

With this result, year-on-year inflation, measured from October 2018 to October 2019, stood at 2.48%, staying below the lower limit of the target range of 4.0% ± 1.0% established in the Monetary Program, indicates the Central Bank (BCRD.

More expensive foods
The group with the greatest contribution to the variation in the general CPI was Food and Non-Alcoholic Beverages, with an increase of 1.22%, accounting for approximately half of the month’s inflation. They are followed by Transportation, with an inflation of 0.82%, Alcoholic Beverages and Tobacco (2.37%) and Housing (0.62%).

 Inflation, Central Bank, Monetary Program, Food. 

The greatest variations were recorded in green bananas (7.11%), green pigeon peas (16.89%), garlic (9.90%), onions (7.49%), peppers (9.57%), lettuce (23.79%), black beans, carrots, ripe bananas, sour lemons, green bananas, vegetables, rice, eggplant and American taro. While others fell in price: fresh chicken (-0.97%), yam (-5.54%), avocados, eggs, and oranges.

Credit portfolio
The 0.82% growth in the Transportation group is due to increases in the prices of gasoline, LPG and diesel.

Housing
The 2.92% increase in the price of LPG for domestic use and rents was reflected with a 0.62% increase in the Housing group.





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Dominican Republic

Dominican Rep. looks to boost US$2.7B trade through Port Everglades

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Santo Domingo.- The Dominican Port Authority (Apordom) and the company Port Everglades, of Broward County, Florida, on Fri. signed a MOU aimed at increasing bilateral trade and generating new businesses through maritime trade routes between both coasts .

Apordom director Víctor Gómez Casanova stressed that trade between the US company and the country soared 73 percent last year.

In a press release, the official said that both parties will be able to develop initiatives related to the cruise industry.

Gómez Casanova added that the country has a new port, totaling five.

Trade

It emerged that just in 2018 Dominican Republic trade trough Port Everglades set a récord US$2.7 billion.”





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Dominican Republic

don’t hide behind the candidate

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J Rodriguez

Santo Domingo.- After the prosecutor Jean Alain Rodríguez’s sister, Maybe Rodríguez filed a complaint against the journalist Marino Zapete for slander, the communicator denounced that with his persecution, the Government of Danilo Medina what he intends is to silence the voice of all the journalists who have refused to be their sycophants.

Zapete challenged Rodriguez not to hide behind his ruling party (PLD) candidate Gonzalo Castillo behind his sister, and to show their faces to explain to the country how the taxpayer’s money is squandered.

“I reiterate my complaint that the attorney has harassed my employers, that they have nothing to do with the media, to make me lose my job, which constitutes an abuse, unacceptable in a society of law, with the sole objective of protecting the unlawful action of his sister and his candidate Gonzalo Castillo.”





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Dominican Republic

9 clubs closed for sonic pollution

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Santo Domingo. – The National District Attorney’s Office and the Office of the Special Prosecutor for the Defense of the Environment and Natural Resources closed several entertainment centers that produced sonic pollution with high decibels.

The operation, headed by the prosecutor of the National District, Rosalba Ramos, together with the head of the Office of the Special Prosecutor for the Defense of the Environment and Natural Resources, Francisco Contreras, was carried out in the Villa Juana and Villas Agrícolas sectors, where nine commercial establishments that were violating the agreements to comply with the rules established to limit annoying and harmful noise were closed.

Ramos explained that the centers closed earlier in previous operations had reached agreements with the Attorney General’s Office for those matters in which they promised to take measures regarding the noise pollution that they cause, however, the agreements were violated and therefore were closed again.

“The entertainment establishments have to guarantee to operate so that they do not violate the peace of the people who live around them, who have the right to live in a quiet way and especially to rest,” said Ramos.

While Contreras said that during the Christmas season, complaints from citizens that are affected by the annoying noises that occur in recreational businesses tend to increase.

He explained that the operations initiated are aimed at guaranteeing a peaceful environment so that people can have a peaceful Christmas.

He also pointed out that these follow-up operations will continue to be carried out in the National District, in which all those establishments that violate the regulations will be closed.

It should be noted that before proceeding with the closure of the establishments, dozens of preventive operations had been carried out in order to guide and raise awareness in the public so that they make the proper adjustments to avoid noise violations.

In that sense, Judge Contreras explained that it is extremely important that owners and business managers who produce sonic pollution become more aware of the serious damage it causes to health.





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