Iberojet operates the first direct flight between Barcelona and Punta Cana; new manhole covers installed; UNDP commits to completing the Ombudsman's building; work progresses on the SDE boardwalk; workers' salaries have fallen 30% behind due to inflation; in terms of logistics costs, the Dominican Republic is the second most competitive country in the region, says Customs; a plan is defined to turn the country into a global logistics hub; Texas crude oil rises 2% and closes at $111.76 a barrel.
Iberojet operates the first direct flight from Barcelona to Punta Cana
The airline Iberojet made its first direct flight from Barcelona to Punta Cana, with two weekly frequencies, on Mondays and Fridays, during the summer, increasing the flow of passengers to this destination and continuing to strengthen the arrival of more European tourists to the country.
New manhole covers
The general director of the Santo Domingo Water and Sewerage Corporation (CAASD), Felipe Suberví, presented the new manhole covers that will be installed in sanitary sewers throughout Greater Santo Domingo, with the aim of ensuring public safety and the integrity of the sewer infrastructure. The official explained that the new covers are made of reinforced fiberglass, making them highly functional and resistant to heavy traffic, and they also have a security system to prevent theft.
UNDP commits to completing the Ombudsman's building
The United Nations Development Programme (UNDP) has committed to resuming construction of the Ombudsman's headquarters, which had been halted due to cost overruns and structural modifications to meet the requirements of the new Ombudsman. According to the UNDP, “construction of the building that will house the institution's headquarters will restart within 45 days. Likewise, the building will be handed over in a timeframe consistent with the progress of the work.”.
Work is progressing on the SDE boardwalk
Three months have passed since President Luis Abinader and Tourism Minister David Collado announced the start of the renovation work on the Santo Domingo East (SDE) boardwalk. Since then, earth and sand have been removed, rows of rebar have been erected, and holes have been dug in the ground. So far, the overall project is 10% complete, according to a source connected to the project, who also indicated that they are working to finish the first two kilometers, of the more than four that make up the project, by the end of this year.
Workers' wages have fallen behind by 30% due to inflation
The president of the National Confederation of Dominican Workers (CNTD), Jacobo Ramos, stated yesterday that workers' wages are more than 30% lower than the actual wages they should be receiving. He added that they will meet with the Minister of Labor, Luis Miguel De Camps, to discuss the situation.
In terms of logistics costs, the Dominican Republic is the second most competitive country in the region, says Customs
“After Panama, the Dominican Republic is the second most competitive country in our region in terms of logistics costs,” which adds to the opportunities to materialize the fact of turning the country into a logistics hub, assured the general director of the Customs Directorate (DGA), Eduardo Sanz Lovatón, yesterday.
They define a plan to turn the country into a global logistics hub
The Director General of Customs, Eduardo Sanz Lovatón, in collaboration with the American Chamber of Commerce of the Dominican Republic, presented yesterday the “Logistics Hub Study: a reality for the country,” which seeks to define the strategies that the country will develop to become a world-class logistics hub.
Texas crude oil rises 2% and closes at $111.76 a barrel
The price of West Texas Intermediate (WTI) crude oil rose 2% on Tuesday and closed at $111.76, its highest level since mid-June, buoyed by the reopening in China and the persistent supply-demand tension due to the war in Ukraine.
Fuel subsidies continue to absorb government revenue
"The surplus in customs revenues has allowed us to plug the fuel gap," said Eduardo Sanz Lovatón, Director General of the General Directorate of Customs (DGA), yesterday during his participation in the panel discussion on business cases in the country's logistics sector at the Amchamdr Talk of the American Chamber of Commerce.
Source: Hoy, Diario Libre, El Día, Listín Diario.
