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SANTO DOMINGO.- The La Vega Industrial Free Zone Companies Association warned that if they don’t receive the incentives pending from the Government before December 15, they’ll be forced to lay off around 4,000 workers.
They affirm that if they don’t get the funds those companies will not be able to pay the Christmas bonus (paycheck #13) to their employees, and that the possibilities of reopening the factories in January are remote.
The Association’s members said they thank Hacienda minister Vicente Bengoa for the assistance they receive, which has prevented the closing of most of La Vega’s free zones.
Before the global crisis expected in 2009, the industrialists ask the Government to take the measures to prevent the closing of the free zones, as other countries have done.
The note that four business associations went to Congress November 26 to ask its support and the approval of a joint resolution that declares exports a national priority and to work in a common agenda for that purpose.
The industrialists also warn that if exports aren’t stimulated massive layoffs in the country’s companies will take place next year, because exports have plunged more than 60 percent.
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Yet another brilliant statement by GC. I am always enlightened to read one of his expert summaries.
If anything can help the exporters it is devaluation, to make the products cheaper on the International markets. Why do you think China keeps Yuan artificially low, and G8 is constantly complaining about it?
If this can keep 4000 people working for a little while longer it has to be better than the alternative.
It's not that much money and the government and or private sector should do what they can to help out in this situation.
Or use the money from the guys/gals in the who won't report their salaries.
Some Dominican Government officials get paid 270 times more than the average, paltry RD$3,600 minimum wage paid to Government workers, according to a document which the newspaper Hoy obtained from several agencies.
A "low "or no interest loan come to mind as well.
This is the same threat that GM/Ford/Chrysler/AIG/Bearn & Stern/etc. used and/or using against the U.S. and now is being use by the Maquiladoras in DR!
I don't know how to lay it out
today I was witness to one of the most horrible crime
Dominicans do not represent what I have in a video where
one dominican is chopping both arms of one pleading haitian
after he stripped him of his clothes. Please I beg pity for some immigrants in your country
please.
I know how hard it is for you to helplessly watch your country invaded by economic immigrants
but the penalty for been Haitian is not amputation and humiliation.
As far as I know we enjoy the DR, we dance your music, speak your tongue, work your farms, lay your brick and blocks, pose your tiles suck your duds, make your beds. over 15,000 of us at your universities and we pay we buy houses augment consommation. We are your most sincere trade partner we dream that there is no hate between our people .
discourage the few that are doing these crimes we can do it
Remember me
the video you are referring to is known to me, and it has been discussed heavily on the internet where it originated. Until now there seems to be no evidence that there were Dominicans nor Haitians involved. Most agree that the Spanish accent of the perpetrator is not Dominican.
Still a very disturbing video of a maltreated human being though.
With the economy making a turn for the worst, the unemployment rate is at the highest it has been since the early 1980’s. I
don’t believe it’s too late to change course, but it will be if we don’t take dramatic action as soon as possible. If nothing
is done, this recession could linger for years. Broad-based economic changes must be made to ensure sustained economic growth
and broadly shared prosperity. We must restore American competitiveness to deal with our country’s unsustainable trade
deficit. We must guarantee affordable, quality health care coverage for everyone. We must thoroughly reform our financial
regulatory system to provide more transparency and effective government oversight and regulation.
Sadly, I too have become a victim of this economic turmoil. I recently got laid off in an industry that was failing all over
the nation. It left me feeling clueless and desperate to find a new career opportunity that would match my expertise. At this