Colonel Bocio explained that the commission for negotiating the appraisal of the purchase of land, houses, and warehouses located within 200 meters of the dividing line will meet at an upcoming meeting.
Taken from Diario Libre
DAJABÓN.-The Dominican government announced that it will purchase private land located on the northern strip of the dividing line between the Dominican Republic and Haiti, for the construction of the border wall.
The announcement was made by a commission from the Ministry of Defense (MIDE) during a meeting with the people who would be evicted in the municipalities of Loma de Cabrera, Restauración and Dajabón
The delegation was made up of Colonels Joaquincito Bocio Familia, legal consultant of the MIDE, and Juan Adames Almonte, coordinator of the Sabana Larga Battle Border Operations base in Dajabón.
Colonel Bocio explained that the commission for negotiating the appraisal of the purchase of land, houses, and warehouses located within 200 meters of the dividing line will meet at an upcoming meeting.
The meeting was held on the second floor of the building that houses the Interagency offices in Dajabón.
During the meeting, the authorities did not offer details about the amount of land that will be acquired for the so-called "National Wall".
Local representatives from the General Directorate of Customs also participated in the activity.
SANTO DOMINGO.- The majority of people in the real estate sector consulted by this media outlet approve of the application of a fourth dose of vaccine to strengthen the immune system against COVID-19, as ordered last Monday by the Ministry of Public Health.
Of the 41 people who were asked yesterday whether they were in favor of the aforementioned dose, via WhatsApp, 63.40% responded that they agreed to receive it, while 36.60% disapproved.
Public Health issued resolution number 000069 on Monday, December 27, 2021, establishing that the COVID-19 vaccination card with three doses will be required in public places from January 31, 2022, and that a fourth optional booster dose will be available for health personnel, pharmacists, people over 60 years of age, and others with special health conditions.
El Inmobiliario sought the opinions of various representatives from the sector to gather their perspectives. Those consulted included engineers, architects, leaders of real estate companies and teams, independent consultants, and representatives of construction companies.
“I agree. I received my fourth dose in the United States three months ago,” said Fermín Acosta of Constructora Crisfer.
The range of opinions went in various directions: “I disagree, I think it is untimely because the vaccines still do not have the efficacy they claimed and this new Omicron strain can infect people even with three doses of the vaccine,” said one of those consulted.
Engineer David de la Cruz believes that "the vaccine has been useless, because with one, two, three or four doses there are no guarantees of escaping the pandemic and no one is taking responsibility for the side effects.".
“I’m okay with ten if necessary to keep us from getting shut down,” responded one agency leader. “Even a fifth if necessary,” said an agent.
Leonel de la Cruz of Hogarium approves of all doses recommended by authorities and experts in the field. “I dedicate myself to studying and training in my area, so I like my clients to take my advice, which is why we should listen to those who have spent years training and have extensive field experience.” He expressed his support for receiving the doses that experts deem necessary and said he doesn't understand why vaccination is questioned when doctors prescribe it, but not when they do.
"What I believe is that both backup cameras should be installed, because only 40% have the second camera and unfortunately only 13% have the backup camera," said the owner of an agency. "Yes, as many as are necessary," said the representative of a company.
"I think it's outrageous to try to force someone to get a vaccine; in my case, I'll stick with the two I have," a team leader emphasized.
"A fourth dose opens the door to others. There's a rumor that the vaccines will reach nine doses. No, I don't agree," an agent replied.
SANTO DOMINGO.- Amid laughter, anecdotes, and the sharing of experiences, and with plenty of food to delight the palate, Hogarium celebrated its Christmas gathering, a moment taken advantage of by its leaders to discuss plans and projects for 2022.
"We discussed our approach and toasted to our growth this year. We've had many requests from friends and acquaintances to join the sales team," said Leonel De la Cruz, one of its leaders.
"We've been careful when integrating salespeople, first creating the structures and platforms for the team to invoice, and at the same time ensuring that each agent who joins the company is a person with a clear sense of loyalty." Leonel De la Cruz.
Happy New Year and a healthy 2022, wishes the Hogarium team to all its friends, collaborators and clients.
SANTO DOMINGO –For the KML Real Estate family, the holiday season is a blessing. Besides being a time of celebration, it also marks their company's anniversary. This year, they doubled their joy with a fraternal gathering where they toasted to past experiences and future goals. "We shared the great experiences of 2021 and set realistic expectations for 2022. We are known for our personalized, team-based work and transparency in all our operations," stated CEO Kathleen Santana.
"We are a flexible, modern team without sacrificing formality in negotiations when necessary. We firmly believe that choosing a home is a very important decision, and that's why we take it very seriously.""We thank God for accompanying us on this beautiful journey. We invite you to continue with us on this path so we can bring blessings to our clients, who are the stars that keep rising in the KML real estate sky. Happy New Year and a successful 2022.".
The monthly indicator of economic activity (IMAE) registered a year-on-year variation of 13.1% last November, placing a growth between January and November 2021 of 12.5%.
SANTO DOMINGO.– With a score of 25.1%, the construction sector ranked second in terms of the most significant year-on-year variation compared to 2020, a trend it has maintained throughout this year, where this important sector has consistently ranked among the top performers and one of the strongest within the Dominican economy.
The governor of the Central Bank, Héctor Valdez Albizu, announced yesterday the results of the monthly indicator of economic activity (IMAE), which registered a year-on-year variation of 13.1% last November and reflects an economic growth of 12.5% between January and November 2021.
He highlighted that the first sector in increase is hotels, bars and restaurants (38.3%); manufacturing in free zones (21.2%); transport and storage (13.0%); commerce (11.8%); local manufacturing (11.0%); other service activities (5.8%); and energy and water (5.3%).
“This remarkable result for November, at 13.1 percent, practically guarantees us growth for the entire year at around or above 12 percent. With this result, the conditions are in place for the Dominican economy to close the year with an expansion that could exceed 12 percent, one of the highest growth rates in Latin America,” said Valdez Albizu.
He asserted that the outlook for the Dominican economy remains positive, with expected growth for 2022 slightly above its potential, supported by a more accelerated execution of public and private investment, and the recovery of tourism to its pre-pandemic levels.
“We are building an economy that had been devastated by a terrible pandemic,” he said, estimating that the growth of the Dominican economy in 2021 will be around or above 12%, a projection above the 11% he had announced a month ago.
Valdez Albizu projected that non-resident visitor arrivals would reach approximately 5 million by the end of 2021. He also highlighted the strong performance of loans to the private sector in local currency and assured that the financial system has sufficient liquidity to meet future credit demand.
He highlighted that remittances and total exports continue to show significant dynamism, with year-on-year growth of 11.2% and 21.7%, respectively.
SANTO DOMINGO- With a spirit of gratitude towards its clients for having given it the opportunity and placing another year of trust in the company's services, TimeHomes Real Estate celebrated its traditional Christmas evening.
The celebration, which began in the afternoon, continued until closing time with a lavish buffet, karaoke, dancing, laughter, and plenty of fun. "We concluded 2021 with sales of our exclusive listings, an increase in our property management portfolio, new agents, new exclusive housing projects—a year of achievements, progress, and partnerships," says Arlenny Garabito, CEO of the agency.
"Another year of gratitude to our associates, attendees, collaborators, colleagues, banks, construction companies, trust companies, referrers, and direct and indirect allies who have helped us endure. It's clear that the important thing is not to arrive, but to stay.".Thank you all. Thank God for another year of TimeHomes Real Estate.Next year we will continue with the same faith and passion. Happy New Year 2022 to our clients, partners, friends, and associates, from the TimeHomes family.
Today there are countless devices with which you can start home automation in your house, but the important thing is to determine: Which products to start with?
This time we'll talk about four devices recommended by Domonews to open the doors to the world of home automation and help you become an expert.
Smart Plugs or Smart Plug
This is an essential device for anyone starting out in the world of home automation. With this gadget, you can turn any plugged-in appliance you already use at home into a smart one, such as a lamp, fan, coffee maker, and more. This smart plug allows you to create on/off routines for your devices, thus optimizing your electricity consumption.
2. Smart Lights
This is one of the first things people try to add to their homes to truly feel like they're entering the world of automation. There's a wide variety of brands and styles of smart lights on the market that allow us to turn them on, off, adjust their brightness, and change their color to our liking. Through apps or voice commands, we can control any space remotely, achieving that much-desired comfort.
3. Infrared Control
This device is very useful and highly recommended for getting started with home automation, as it allows you to control infrared devices in your home via voice commands and an app. These include air conditioners, televisions, curtains, and electric doors and windows. Creating routines and scenes with the appliances you already have at home is possible with this type of controller.
4. Smart Assistant
In a home with smart home technology, it's essential to discuss smart assistants. These assistants control all the devices you have configured using voice commands. But they don't just activate smart devices; since they are speakers, and some even come with screens, they provide a wealth of information, such as news, weather updates, podcasts, your favorite music, and much more. The most advanced assistants currently on the market are Amazon's Alexa, Google Home, and Apple's HomeKit.
These tips have been provided so that everyone who reads us feels motivated to get started in the world of home automation.
With electricity prices rising daily, you're probably considering switching to solar energy, which can provide substantial savings on your bills. Furthermore, it's a renewable energy source that contributes to a healthier environment.
However, it's common to have questions or make mistakes when installing photovoltaic panels at home, resulting in an inefficient system. It's equally common for people not to apply for renewable energy subsidies, which are very beneficial. To clear up any doubts you may have about all aspects of solar energy, Hola.com consulted two experts: Enrique del Valle, president of the Industry Committee of FENIE (National Federation of Installation Companies of Spain; fenie.es), and Albert López Corbella (albertlopez.info), a journalist specializing in renewable energy.
1. Oversizing
Enrique explains that “when you install more panels than you need, apart from having made a larger investment than necessary, you'll have excess energy. And when you have excess energy in a self-consumption system, you don't recover your investment, and furthermore, the surplus energy produced beyond your needs isn't compensated on your electricity bill.”.
In conclusion: the sizing of a solar power plant must be appropriate.
2. Not conducting a prior study of consumption
FENIE states: “If you don't know your energy consumption, you can't size your photovoltaic system. While there are pre-established standards for different areas, a single-family home with a pool that uses surplus water for domestic hot water is not the same as a typical house. Consumption habits and the use of certain heating and cooling systems or pools, both indoors and outdoors, significantly influence energy consumption.”.
3. Disconnect 100% from the main network
Believing that with a photovoltaic installation you will stop consuming energy from the traditional grid is another mistake because if you don't have batteries you probably won't have energy on cloudy, rainy days or, obviously ,at night .
Albert explains that “with a photovoltaic installation you will consume energy from the conventional grid, to a greater or lesser extent. Even if you have an energy storage battery, I would recommend not disconnecting 100% from the grid, since at certain times throughout the year you will need a certain external energy supply.”.
4. Do not equip yourself with batteries
Together with Albert, we worked with figures that clarify the issue: “A house without a photovoltaic installation or energy storage generates 100% of its energy costs. In contrast, photovoltaic energy reduces them by 20-25%. But, if we add energy storage with lithium solar batteries, they decrease even further, to approximately 80%.”.
There is no doubt, then, that a battery gives you enormous energy independence, "there are even cases in Spain where it allows you to generate 90-95% of your energy consumption. It's the concept of self-sufficiency," the expert continues.
5. Not considering reducing the contracted power on the general network
The journalist specializing in renewable energy believes that being unaware of the advantages of energy storage batteries is a huge mistake: “If we are in a position to make a financial investment (the price of photovoltaic panels has decreased by around 80% in recent years) in our homes to be more sustainable (by consuming energy from non-polluting sources), we should know what an energy storage battery could offer us. One important advantage is, for example, that you consume locally sourced energy, but I would also highlight that if you install a photovoltaic battery, you will very likely be able to reduce your contracted power.”.
In addition, you can install more than one battery at home that stores solar energy.
6. Failure to conduct a prior study of the structure of the dwelling
If it's not a newly built house, but an existing one, the characteristics of the property must be taken into account. According to the president of the FENIE Industry Commission, “a tiled roof is not the same as a flat terrace, a facade, or a pergola when it comes to installing photovoltaic panels. Each will receive a different wind load, and this can be a determining factor in the structural calculations of a solar power plant. It's important to remember that comfort is crucial in a home, and inclined panels can produce noise and, over time, cause cracks in the tiles, leading to leaks and other problems if the structure isn't properly attached to the roof structure.”.
It is also vital that the design and distribution of the panels are not deficient, for example, if they are located in an area of partial shade.
7. Failures in the compensation of surpluses
Enrique advises negotiating the compensation for surplus energy carefully, “since it's currently highly variable. Before signing the surplus energy contract, they should send us the compensation offer, and if we don't agree, we can let them know before signing. It's also important to emphasize that we aren't slaves to the energy suppliers and that we can always choose the most advantageous option that doesn't overcharge.”.
8. Thinking that the investment is not worthwhile if electricity consumption is mainly at night
At this point we return to energy storage batteries, which ensure the availability of renewable energy 24 hours a day, regardless of whether we need it most in the evening.
Albert also points out that “the economic investment in a photovoltaic installation should be considered as what it is, an investment and not an expense, because it provides a series of benefits. The advantages for the environment and in reducing the electricity bill are immediate.”.
9. Not taking advantage of financial aid and tax breaks
Enrique points out that “financial aid represents an average of 30% of the investment, depending on the autonomous community, and may be higher in some. Tax breaks or reductions for investing in renewable energy should also be considered, as these also change the energy rating of the home.”.
In a press release, he highlighted that in 2021 the recovery of mortgage credit accelerated, a segment that is directly related to construction, associated with greater economic activity and employment.
SANTO DOMINGO.–Bank financing, under the protection of monetary liquidity stimuli of around 5% of GDP, was one of the determining factors to boost the economic recovery of the productive sectors in the Dominican Republic during 2021, said the Dominican Republic Banking Association (ABA), in reviewing the year that is ending.
The ABA highlighted that credit to the private sector in national currency has continued to grow at an annual rate close to 10%, in all credit segments (households and companies), in a context of notable improvement in the profile and quality of the loan portfolio.
In a press release, he highlighted that in 2021 the recovery of mortgage credit accelerated, a segment that is directly related to construction, associated with greater economic activity and employment.
Similarly, the ABA noted that, as of November 2021, the loan portfolio for MSMEs increased by more than RD$16 billion compared to December 2020, now representing 44% of the commercial portfolio.
Added to all this is an environment of low interest rates, whose weighted average active rate registered a reduction of 340 basis points since March 2020, the date on which the pandemic began in the country, the association explained.
The ABA indicated that the expansion of credit has occurred within the framework of proper managerial management that results in liquid, efficient, solvent and profitable banks with good asset quality, according to the statistics of local authorities and international organizations, showing a sustained strengthening of equity.
In short, this is a banking sector with better access to credit and a stronger position with correspondent banks and international credit rating agencies, the ABA noted.
Local banking in the regional context
The Association of Multiple Banks highlighted that the excellent results in performance indicators place Dominican banks in a leading position in Latin America and are also reflected in greater competitiveness in global markets.
He stated that the banking sector operating in the Dominican Republic leads the region in terms of liquidity, solvency ratio, and asset profitability, and is among the countries with the lowest levels of non-performing loans, according to figures from the Superintendency of Banks and the World Economic Forum (WEF).
The ABA also highlighted that, between 2008 and 2019, the Dominican financial system climbed 36 positions in the World Economic Forum's Global Competitiveness Ranking, demonstrating the efficient performance of the national banking sector.
Challenges for the sector in the near future
With a view to taking advantage of business opportunities, fulfilling its social responsibility to society and contributing to a more inclusive and sustainable economy, multiple banks face different challenges in the coming year, 2022, the ABA indicated.
The association detailed that commercial banks will continue accelerating their digital transformation, technological and process optimization, and financial innovation, while also continuing to support SMEs. It also stated that it will continue promoting green finance, financial education and inclusion, cybersecurity, gender equality, and contributing to reducing the housing deficit, among other vital aspects for the nation's economic and comprehensive development.
Similarly, the ABA stated that multiple banks will take action to strengthen the prevention of money laundering and terrorist financing by strengthening inter-institutional relationships with competent authorities and other obligated entities for the purpose of collaboration and training in regulation and best practices.
As a Christmas present, this 70-year-old domestic worker just wants to be able to pay off the 250 square meters she bought on credit. She has paid 13 years of the 20 years negotiated by her now-deceased husband.
HIGUEY.- At 70 years old, she still works as a domestic worker to survive. She has no roof over her head, but she does dream of one day being able to finish paying for a plot of land she bought with her husband 13 years ago. He has since passed away, and with his death, Elucinda Castillo Torres's hope of paying the nearly 250,000 pesos she owes on the property was dashed.
Elucinda's plot of land, a sort of makeshift shelter, is located in the Beron II subdivision of the municipality of Verón in Higüey, the city where she moved more than 30 years ago with her husband and children, seeking a better life.
They purchased the 250-square-meter plot on a 20-year payment plan. However, almost thirteen years have passed, and she has been unable to pay off the debt because she and her family have faced numerous hardships that have prevented them from achieving their goal. Today, as a Christmas gift, she simply asks God to help her find a way to settle her debt and secure a roof over her head in her old age.
Elucinda Castillo Torres.
During this time, her husband, Felix Valdez, suffered a stroke that left him incapacitated until his death. Elucinda had to assume sole responsibility for the family's upkeep and support. At Elucinda's request, the real estate agency issued a statement indicating that as of August 2020, she owed RD$244,926 for the property, a debt that must have increased this year.
What he has experienced
No one would wish Elucinda's experience upon themselves. During the years her husband was bedridden, they endured many hardships. Their youngest son fell into a deep depression from which he has been unable to recover due to a lack of proper treatment.
Elucinda is one of thousands of elderly women who, at 70, continue to struggle in the informal economy by selling goods, washing, ironing, and working as domestic servants, but their efforts are not enough to guarantee them a dignified old age.
The first phase will consist of 48 four-story buildings with 384 apartments, two per floor, with a delivery time of 24 months. It will be located on Marginal de Las Américas Street, near the free trade zone.
SANTO DOMINGO – Corales del Caribe is the new residential project to be built in Santo Domingo East. It will feature two thousand apartment units, distributed across four phases. This project is part of a broader effort to position this area as one of the hubs for real estate investment and development in Santo Domingo.
The BP Group, under the management of engineers Pedro Bonilla and Roberto Pérez, a highly experienced business group with a 50-year family history in the construction sector and more than 14,000 housing units built in the country, is responsible for the development of the project.
The first phase will consist of 48 four-story buildings with 384 apartments, two per floor, with a delivery time of 24 months. It will be located on Marginal de Las Américas Street, near the free trade zone.
The project will include green areas, children's play areas, gazebos, a basketball court, an exercise area, and restrooms for men and women; all with access control, 24-hour security, and a commercial area.
Perspective of children's areas. (Taken from the official website).
“Corales del Caribe is a project that adds value to the Santo Domingo East area. For years, investors have been betting on its real estate growth, and with these new units, we can consolidate that fact: a beautiful and safe residential area with top-notch finishes and the best commercial area in the zone,” explains Pedro Reyes, General Manager of Property Inmobiliaria.
It will also have isolated areas for solid waste management, emergency electricity for common areas, independent gas supply installation for each apartment, and a water tank on the roof of the buildings.
Plans of the work taken from the official website.
The three-bedroom apartments will have 90 square meters of living space, with a living room, dining room, kitchen with breakfast bar, two full bathrooms, a balcony, a laundry area, and access to one or two parking spaces. All units will feature porcelain tile floors, hotel-style doors, a modular kitchen with granite countertops, glass windows, and pre-installation for air conditioning.
Property Inmobiliaria is in charge of marketing it, and for several years they have worked with important housing projects, advising local and international investors and guaranteeing good products and high profitability in both the residential and commercial areas.
This is what the front of the project will look like. (Photo: Official Website).
Let's hope that 2022 is a very successful year and that the real estate sector in the Dominican Republic continues to grow.
SANTO DOMINGO– The rise of digital platforms has given rise to leadership groups and movements that have helped to amplify common causes. WhatsApp groups, a tool that emerged in 2009, are an ideal option for facilitating multiple activities in large virtual communities.
The real estate sector has capitalized on this digital-age model. Numerous groups are launched daily to facilitate business and networking. Cristina Alba de Bogaert, a real estate consultant with over 20 years of experience in the sector and a proven track record of leadership, is the founder of Mujeres Activas RD (Active Women RD), a WhatsApp group and other social media platform created to foster business connections among women. We shared seven questions with her to learn more about this initiative.
1-¿Why Active Women RD?
As you know, women are the majority in the real estate sector, both independent agents and those from the companies themselves, and the idea for this name arose from identifying who the real estate advisors are who are actively dedicated to the real estate business full-time.
2- When did the group emerge?
WhatsApp groups are an important tool for real estate transactions, as they allow people to meet and share information, both about searching for and offering properties, which often leads to closed deals. The Mujeres Activas RD (Active Women RD) group emerged in February 2016 from a need we identified at the time: all the existing groups were mixed-gender, and we wanted to empower women in a selfless way so that everyone could connect, feel more comfortable, and do business.
3-Is it only for WhatsApp or does it pursue other purposes?
Initially, we focused solely on WhatsApp, but over time we realized that other tools would be valuable for providing more support and reaching all the women we interact with daily in the chat. For this reason, we expanded our operations to other social media platforms like Instagram (@mujeresactivasrd) and a Facebook group (MujeresActivasRD), which have generated numerous successful businesses.
4-What is the profile required to be part of it?
That's a great question! While Mujeres Activas RD is an inclusive group, we focus on the quality of our members, making it quite exclusive. Agents who belong to the group must be recommended and have a strong reputation for ethical conduct in the business.
5-Does the group achieve its objective?
Of course! The group has well-established rules that are respected by all its members. Every day from 7 AM, we are all active and ready to conduct business successfully. In fact, we've created another group, Mujeres Activas RD2, since WhatsApp currently only allows 257 participants, and the demand is so high that we had to create another one.
Cristina Alba de Bogaert, founder of Mujeres Activas RD. (External source).
6- Are good deals made through that channel?
In the time we've been active, not only have we conducted numerous business deals through this platform, but more importantly, we've fostered networking and built personal and business friendships. We women support and help each other, creating a selfless bond of friendship and business.
7- Any plans to do other things besides the group?
For now, our goal is to continue strengthening the tools we have, which are yielding excellent results for all of us. We hope that 2022 will be a very successful year and that the real estate sector in the Dominican Republic will continue to grow
"We are closing a year of transformation and success under the coordination of an excellent team." Mariano Gómez, CEO.During the event, awards were presented for the greatest cooperation, best operational results, and the 2021 Rookie of the Year. "Anchor Properties wishes its clients a happy end to 2021 and a successful 2022.".
SANTIAGO.- The Vice Minister of Territorial Planning and Regional Development of the Ministry of Economy, Planning and Development, Domingo Matías, signed a letter of intent with the mayors of the association of municipalities and municipal districts of the province of Santiago.
Matías explained that the goal is to finalize an agreement for the territorial planning of the province. He specified that Santiago is a metropolitan area that requires the regulation of private and public sector investment, and that it is of utmost importance that the territorial planning and land use bill currently before the National Congress be approved. He emphasized that the mayors must coordinate their efforts to regulate land use.
She emphasized that the issues to be regulated are urban mobility, housing construction, citizen security, and environmental protection. The governor of Santiago, Rosa Santos, indicated that the issue is very important for defining territorial boundaries.
Domingo Matías signed a letter of intent with the mayors. (Photo: Hoy).
Given its importance to Dominicans and considering the Christmas season and the current health emergency, we are sharing this information regarding vaccination against COVID-19.
Taken from Hoy
SANTO DOMINGO.- The Ministry of Public Health issued resolution number 000069, which establishes that the COVID vaccination card with three doses will be required in public places from January 31, 2022.
The document published by Public Health on Monday afternoon indicates that the third dose can be administered "30 days after the person has received the second dose.".
Furthermore, authorities indicated that the fourth dose would initially be administered to healthcare and pharmacy personnel, as well as members of the Armed Forces who remain on the front lines of COVID-19 infection. This first phase would also include people over 60 years of age and those who are immunocompromised, meaning those with diabetes, hypertension, obesity, asthma, cardiovascular disease, kidney failure, and cancer. Additionally, teachers, journalists, and individuals requiring the vaccine due to a specific medical condition are also included in this initial phase.
Daniel Rivera, Minister of Health. (Hoy Newspaper).
Authorities also revealed that the Ministry of Public Health may grant a special permit for those who cannot receive the vaccine for medical reasons or for pregnant women less than 16 weeks pregnant.
The resolution indicates that the fourth dose is currently optional for the general population, and therefore does not establish a specific date to begin the vaccination process with the fourth dose.
Earlier, President Luis Abinader held an emergency meeting with the Health Cabinet to address everything related to the virus that has claimed the lives of more than 4,000 people in the Dominican Republic alone.
The Minister of Public Health, Daniel Rivera, described today what the implementation plan would be for the fourth dose of the Covid-19 vaccine and the omicron variant.
“Heterologous vaccination means combining vaccines; if you had two AstraZeneca vaccines, you should get Pfizer; if you had two Sinovac vaccines, you should combine them,” Rivera cited as an example.
“In my case, I’m going to use Pfizer because I had two doses of Sinovac and one of Pfizer , and I can easily use the booster dose with Pfizer,” she said.
“Those who are already vaccinated, and especially those who have received their third dose, will have a very mild clinical picture, although it has been categorized that Omicron causes mild cases,” Rivera.
SANTO DOMINGO.- With the arrival of Christmas come the emotional feelings that this time of year awakens, and with them the good wishes of Dominicans who express their experiences, expectations and hopes for the coming year.
El Inmobiliario presents the greetings and messages from some of the agencies, entities and construction companies in the sector, on the occasion of celebrating Christmas.
AEIORG
In a video posted on Instagram, the president of the organization representing real estate companies and agents in the country, Alberto Bogaert, accompanied by members of the Board of Directors, conveyed a message of hope, highlighting the challenges faced during the past year. The video emphasizes that it was a year filled with work and growth for the sector and calls for an attitude of gratitude for all of this, inviting everyone to give love, faith, and hope this Christmas, setting aside any grudges.
The Vistana Construction team wishes you a Christmas filled with love, happiness, and abundant blessings in every home. May the peace of these holidays be with us every day of our lives. Merry Christmas! 🎄
Christmas is a magical time where the best part isn't the gifts, but the beautiful moments we share with our loved ones. May the tenderness and hope of Christmas fill our hearts with love, peace, joy, and happiness. ✨
For God so loved the world that he gave his one and only Son, so that everyone who allows him to be born into their life will from then on celebrate the best Christmas of their life! We wish you and yours that this Christmas you share unforgettable moments and that 2022 be the perfect setting for the successful fulfillment of your dreams and projects. MERRY CHRISTMAS!
During this special time, we want to express our gratitude and appreciation for the hard work of our team. Thank you, because with your dedication, attitude, honesty, effort, and determination, you have given your very best to our company and our clients. Congratulations!
We wish all our clients, collaborators, family, and friends a very happy holiday season. May these holidays bring you and your loved ones much peace and harmony.
Merry Christmas to our dear employees, customers, and collaborators. We are all part of one big family, and we wish you and your loved ones a very happy Christmas Eve.
ACOPROVI
May this Christmas be bright, bring joy and love, and light up a New Year full of light and hope.
BAYAHIBE.- The H&J Real Estate family, a real estate company specializing in sales and rentals of tourist properties in the East, celebrated its year-end meeting, giving thanks to God and celebrating the sales growth obtained during 2021.
The agency, whose work covers the areas of Juan Dolio, Romana, Bayahibe and Punta Cana, recognized the excellent work of some of its advisors by presenting plaques from its CEO Heissel Ramírez and his wife Jochiana de Jesús, who thanked the salespeople for their dedication and good performance.
"Our emphasis is always on highlighting how important it is for the company to maintain its essence and the feeling with which we were born, which is to provide human, personalized and quality attention to our clients."
Diana Morales, Abelardo de Salas and Yudelka Santana were the three agents with the highest sales volume.During the meeting, they set goals for the coming year, motivating their advisors with attractive incentives.Reiterating its commitment to helping clients make their real estate investment the best life experience, the H&J Real Estate family wishes its clients a healthy and successful 2022.
In October of this year, the ICDV rose 2.79 points compared to September, going from 196.82 to 199.62 points, according to the report presented by the entity.
SANTO DOMINGO.- The Direct Cost Index for Housing Construction (ICDV) shows that as of November 2021, the cost of a single-family home with one level was 200.63, compared to 198.17 for a single-family home with two levels.
The ICDV was recently published by the National Statistics Office (ONE) and breaks down the types; for the two-level single-family dwelling it was 198.17; 197.07 for the four-level multi-family dwelling, and 200.09 for the eight-level or more multi-family dwelling.
The ICDV is a statistical tool that allows us to understand the monthly variations in the cost of constructing the four types of housing mentioned in the National District and Santo Domingo province. It excludes indirect costs such as land, design, building permits, financing costs, and the construction company's profit, among others.
In November 2021, the ICDV averaged 198.99, registering a decrease of -0.63 points, compared to the previous month which was 199.62, where the main increases were produced by both the tools group, with 6.13% and the electrical miscellaneous subgroup, with 6.23%.
In October
In October of this year, the ICDV rose 2.79 points compared to September, going from 196.82 to 199.62 points, according to the same report released by the ONE.
By cost group, the largest decreases were in machinery, with a 10.81% drop, and subcontracts, with a 1.17% decrease. Meanwhile, the largest increase was in tools, with a 6.13% rise.
By subgroup, the main decreases were seen in machinery, with -10.81%; aggregates, with -3.42%; and subcontracted joinery, with -2.77%. Meanwhile, the main increases were seen in miscellaneous electrical supplies, with 6.23%; followed by tools, with 6.13%; and wood, with 3.00%.
When the world began to take notice of Evergrande's $300 billion debt crisis earlier this year, some wondered if it would become China's "Lehman Brothers moment".
Since then, it has become clear that Beijing is handling the situation very differently than Washington dealt with the collapse of investment banking giant Lehman Brothers at the start of the global financial crisis in 2008.
After Evergrande announced that it may not be able to meet all of its financial obligations, the crisis-hit company stopped paying some of its overseas bonds.
It has reportedly now entered into a debt restructuring process with the Chinese authorities that may include the sale of some of its founder's personal assets.
"It's opaque, but when we talk to our industry contacts in China, no one is surprised," said Vinesh Motwani of Silk Road Research, a market research firm specializing in Asia.
GETTY IMAGES.
Evergrande vs Lehman
"The biggest difference between the two is that Evergrande was a train wreck that everyone saw coming," said Motwani, who was working in the United States as an analyst at Credit Suisse when Lehman Brothers collapsed.
"When the 'three red lines' policy was announced more than a year ago, it was clear that Evergrande was one of the biggest violators, so the reaction in China was: 'This was bound to happen.'".
The "three red lines" are a set of debt thresholds that severely limit the ability of certain real estate developers to obtain loans. For decades, the sector had seen unchecked lending, something the central bank (People's Bank of China) described as "reckless.".
The Evergrande crisis is a "grey rhino" event, a term used to describe an obvious, slow-moving threat rather than a surprise "black swan" event, according to Rory Green, director of China and Asia research at investment advisory firm TS Lombard.
"The warning about Evergrande has been circulating for a long time, so none of the bondholders should be surprised that they are defaulting," he said.
Why is this crisis so different?
Another major difference between the collapse of Lehman Brothers and the Evergrande crisis is that when the US government needed to act, it had to pass legislation to have the power to intervene, something that is not a problem for the Chinese government.
By controlling the country's real estate market through state-owned banks, Beijing also knows which developers are likely to default, something that could not have been said about Washington during the subprime mortgage crisis.
GETTY IMAGES.
At the same time, China is being far more selective in its actions than the United States was during the global financial crisis. Unlike Washington, which bailed out some of the world's largest banks, the Chinese Communist Party is taking a more piecemeal approach.
"Beijing is like a surgeon operating on a tumor and thinking, 'What do I need to save?'" said Alicia Garcia Herrero, chief economist for Asia-Pacific at investment bank Natixis.
For the Chinese government, it is crucial that Evergrande's day-to-day operations remain uninterrupted. Their goal is to ensure the company can complete the homes it is building so that ordinary property buyers are not affected and confidence in the real estate market is not seriously damaged.
"Beijing also needs to look at the heart, to see if it's still beating. That's people's perception of the real estate sector," García Herrero added.
So far, this approach appears to have limited the impact on the housing market, according to Motwani: “Real property prices continue to rise year over year. Even when they have fallen month over month, they haven’t dropped by double-digit percentages.”.
There is also concern that if prices continue to fall, potential buyers may postpone purchasing new homes, further slowing the market.
Evergrande owns properties in more than 20 Chinese cities. GETTY IMAGES.
What will happen to Evergrande?
Experts predict that Evergrande's restructuring could take months or even years, so there will be few headline-grabbing announcements as authorities try to avoid shocking the global financial system after the collapse of Lehman Brothers.
Green points to the past failures of large Chinese companies. Using the implosion of financial and insurance giant Anbang as an example, he expects Evergrande's restructuring to be a long process: “Anbang went into restructuring two years ago and it’s still ongoing. Evergrande is much larger, so it could take years. But, in my opinion, the worst is over.”.
"The most likely scenario is that Evergrande will be broken up into separate units. It will be the death of the gray rhino, and the regional banks will be tasked with dealing with those separate units to ensure the stability of the sector and the economy," he opined.
Will international investors get scared?
Although Evergrande's default on interest payments on overseas bonds has not triggered a financial collapse, as they are mostly held by powerful global investors, some analysts are concerned about the impact on the reputation of the Chinese real estate sector.
"It definitely damages the faith of international investors in overseas Chinese real estate bonds," said Jackson Chan of the financial market research platform Bondsupermart.
Essentially, this made it much more expensive for Chinese real estate developers to borrow money from international investors.
What remains to be seen is how Beijing strikes a balance between continuing its strict real estate market policies and the risk of the country's massive property industry losing access to affordable foreign investment.
"Christmas is about remembering values such as unity, peace, solidarity, and hope. It is God's loving gesture of sending his son Jesus to share with us.".
SANTO DOMINGO.– Glauco Enrique González C. and Rosely María Pérez M. are happily celebrating Christmas 2021 with their firstborn son, Glauco Enmanuel González Pérez, two and a half years old, and the eagerly awaited arrival of Galia María González Pérez, the baby growing in her mother's womb in the sixth month of pregnancy, whose arrival the family longs for to complete their family of four.
We shared an interview on this special Christmas day with this happy couple and the sweet smile of Glauco Junior, who belong to the company Premium Real Estate.
¿What does Christmas mean to you?
Christmas is about remembering values like unity, peace, solidarity, and hope. It is God's loving gesture of sending his son Jesus to share his life with us.
¿ Do they believe in the birth of Jesus?
We are devout believers in the Divine Child and the Virgin Mary. For us, it would be impossible not to believe in Jesus and the Virgin, who show us every day that they are with us. In our home, they are a central part of our daily lives.
Any traditions for Baby Jesus?
Baby Jesus sends Santa to deliver gifts to the homes of well-behaved children in the morning. And of course, afterwards, he goes from family to family for the traditional Christmas procession.
Where does the family have Christmas Eve dinner?
The 24 of us met at our uncles' house for a small family gathering of 70 to 80 people.
How many Christmases together?
Four wonderful years of marriage, six Christmases together.
Do both families get together at Christmas?
We are very close families and throughout the year we have various activities where both families get together
What region of the country are they both from?
We are from the capital, with ancestry from San Cristóbal, in the case of Rosely and Glauco with ancestry from Neiba and Samaná.
What other Christmas traditions do you have in your family?
We're having Christmas Eve dinner. Today, the 25th, ginger in the morning, Christmas pajamas, waiting for Santa, and the traditional warm food where various family members are.
We share this story from Listín Diario, about a noble government gesture that dignifies the life of a couple and their three children.
SANTO DOMINGO.- With a different expression, which she and her little ones share, Fior Daliza Valdez assured that this Christmas not only has her Christmas Eve improved but her whole life.
“They have changed my life, and the boys’ lives. They are very happy and we are all truly very happy here,” said the mother of Joel Manuel, Natacha and Jonathan.
After the story about the sacrificial lifestyle of this family residing in the Diomedes ravine, between 27 de Febrero and Guachupita, came to light, the supportive hands of several people and institutions have extended theirs.
Recently, the team of collaborators of the First Lady of the Republic, Raquel Arbaje, notified, after an in-person visit to the home, that they will channel, together with the Presidential Commission for Neighborhood Development Support, the construction of a new home that will allow the family to have a more dignified life.
also receive a refrigerator, two beds, a stove, sheets, a fan, and a gas tank.
The public officials also reported that they would provide "everything necessary" for the mother to develop herself and provide for her children.
On Thursday, Arbaje delivered to him two boxes of disposable diapers, wipes, milk, a small tree with its lights, and toys.
Other aid
Earlier on Thursday morning, the Minister of the Presidency, Lisandro Macarrulla, expressed his interest in ensuring Christmas Eve dinner, as well as monitoring the well-being of families.
“This morning (Thursday) while reading the LISTÍN DIARIO, I came across the moving story of Fior Daliza Valdez. Fior Daliza: you are not alone; I will personally take care of supporting you and your son Jonathan. We all deserve a Merry Christmas,” Macarrulla wrote on his Twitter account, after which his team visited Diomedes's home.
Macarrulla's chief of staff, Carmen Minaya, explained to this media outlet that Fior Daliza will receive, for 22 months, financial support that comes from the salary of the Minister of the Presidency, and not from state resources.
First breakfast
On the other hand, Fior Daliza said that thanks to the help she received, this Friday she was able to make breakfast for her children and go out early to get Jonathan's medication, as he has a health condition that causes him to have seizures if he goes without the drug.
“I made them mangú with pork chop,” the mother pointed out, while narrating that for months they only had the dishes that a neighbor gave them, so the first meal they ate was after midday.
“We would eat when she would give us something and then we had to wait for Alejandro (her husband) to see if he would bring us something for dinner,” she added.
Dinner
For this Christmas Eve, Fior Daliza explained that she will go out to buy a baked chicken and prepare a "morito" and a Russian salad to share with her family.
Just a day ago, the possibility of spending a "good night" was far from the possibilities of this family.
PUERTO PLATA.- Several homes and commercial establishments were reduced to ashes by a raging fire in a sector of the municipality of Sosúa.
The fire, which caused losses of more than one million pesos, took place in the area known as "La Policlínica" in Batey, Sosúa, where several families, mostly of Haitian nationality, were left with only the clothes they were wearing.
A heartbreaking scene unfolded at the site where timid plumes of smoke rose from the burnt wood of the destroyed homes, whose belongings were reduced to ashes, and miraculously, no one was injured.
With tears in his eyes, master builder Daniel Eladius Methielux, who has been legally residing in the country for 24 years, recounted that all his belongings, including his family's identity documents, were burned.
He explained that the fire occurred in the early hours of the morning when everyone was asleep and they barely escaped with their lives, losing their savings (cash), clothes, shoes, furniture and even their immigration permit card.
Likewise, the young woman Kelna Jean stated that she arrived in the country as a child and became literate here, where she started her family and to survive she had a small clothing and shoe store, which was devoured by the flames.
Bricklayer Charles Pierret said that this misfortune leaves them in a very difficult situation, since they lost even the food they had bought at the beginning of the current week for the traditional Christmas Eve dinner.
Regarding this sad event, the families who lost everything implore the help of the authorities and kind-hearted people, who for charitable donations can contact the following telephone numbers: (829) 573 3685 and (809) 849 8133.
The communicator Wellington De Jesús Martinez reported that the rapid intervention of fire units from Sosúa, Puerto Plata Air Base, Montellano and Cabarete, extinguished the fire that is presumed to have been caused by an electrical short circuit.
During the current administration, tourism and real estate investments have experienced the greatest growth in the country
Taken from Hoy
SANTODOMINGO - The government's fight against corruption has fostered confidence in national and foreign investment, allowing the construction sector to continue its growth and contribute to the country's economic growth.
This was stated yesterday by Eliseo Cristopher, president of the Dominican Confederation of Micro, Small and Medium Construction Companies, who also called for the administrative construction process not to be politicized, with alleged political persecution.
Eliseo Cristopher. Photo from the newspaper Hoy.
“When the government is on the right track, it generates investor confidence. The fight against corruption is currently one of the most important actions being taken, as it strengthens the rule of law, and this has an impact on the economy.”.
SANTO DOMINGO- In an atmosphere marked by joy and details alluding to the season, the company Algonovo Real Estate celebrated its traditional Christmas day, with a varied entertainment program that included prizes, recognitions, a swimming pool, excitement and a rich buffet to please the palates of the attendees.
This year, the agency's celebration was twofold: for the opening of its new offices in Punta Cana and for its monumental sales, which, according to CEO Johanny Gil, broke records in the Dominican real estate market. Several prizes were raffled off at the event, including resorts, gift certificates, and cash. DJ Cepeda provided the entertainment.
Manuel Rodríguez, Fe Rojas and Hayrold Jiménez are the three real estate advisors who obtained the highest sales volumes. The salesman of the year was Manuel Rodríguez, who received as his prize a trip to Colombia for two people."Many blessings, health and a successful and prosperous 2022 to all your clients, associates and friends," wishes Algonovo Real Estate.
Perspective of children's areas. (Taken from the official website).
Plans of the work taken from the official website.
![Evergrande crisis: China's efforts to avoid its "Lehman Brothers moment"](https://inmobiliario.do/wp-content/uploads/2021/12/EVERGRANDE-4-768x512.jpg "Evergrande crisis: China's efforts to avoid its "Lehman Brothers moment"")
