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Cemex DR.president Carlos Emilio Gonzalez, ex Cemex DR president Carlos Jacks.
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Santo Domingo.- The Dominican Foreign Investment Companies Association (ASIEX) called on the authorities to halt the deterioration of the business climate, calling recent events characteristic of attacks on private investment.

ASIEX president Carlos Emilio Gonzalez said events and news in recent months give cause for concern, and pose a challenge to the country’s legal security, "a crucial element for  private enterprise to operate in a scenario of security."

The organization, which groups the country’s leading foreign capital companies, said the deterioration of legal security would bring in its wake not only an undesirable flight of capital, but also a dramatic loss of direct and indirect jobs.

Gonzalez said it would also defeat the Government's desire to increase revenue, and a sustainable public finances, in addition to lost opportunities to lead the country towards development and eradicate poverty, as president Danilo Medina has stated.

He said strict enforcement over the regulated and by the regulators is essential, but regrets the rigid positions, sometimes the result of personal interests, that threaten transparency and fairness of the rules applied.

 "The mixed signals regarding law enforcement, reckless legal actions and an inadequate public handling of sensitive issues, making regulations an attack on private enterprise, pose a real danger of the flight of capital which isn’t convenient for the country," said the also president of Cemex Dominicana.

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COMMENTS
26 comment(s)
Written by: josean, 11 Sep 2012 12:38 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


Welcome to the PURPLE Republic of Chaos!

Written by: guillermone, 11 Sep 2012 12:41 PM
From: United States
It all the PLD's fault..............!!!!!

And you know it, right Joe?
Written by: RobertoJose, 11 Sep 2012 1:03 PM
From: United States, FREEPORT, Long Island.... ((You're blind to the fact that you're blind))
You know it's true Guille
Written by: josean, 11 Sep 2012 1:06 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

Written by: guillermone, 11 Sep 2012 12:41 PM
From: United States
It all the PLD's fault..............!!!!!

And you know it, right Joe?



Who has been in power for 12 out of 16 and virtually in total control for the last 8, Trujillo?




Written by: BASTA, 11 Sep 2012 1:11 PM
From: Dominican Republic, =Ghetto/Legalize Drugs/Free abortions for all
Trujillo?== No our Queen Puffta and her Pork chop
Written by: dreadlocks, 11 Sep 2012 1:58 PM
From: United States
sometime in the mid 2000s, foreigners had a love affair with the DR. they could not move here fast enough. houses were selling like wildfire, and people were buying up business space, like crazy.well, something has happened. the honeymoon is over. in the last week, i have met 3 people who are packing up, and going, after persevering for 10 or so years. they have had it. they are done. Panama is the new game in town. met a lady, just yesterday, and she is meeting up with the caravan in Panama City, as soon as the sale of her house goes through. gringo is exhausted. the golden egg is broken. he is tired of being a sucker. tired of being scammed by everyone he meets. weary with never being right in a traffic accident, and being called upon to pay the bills for the guy who hit him from behind. tired of being hustled by abogados, and sold property with 10 other owners. tired of signing a contract for cable tv service, and the channel going blank in the middle of his or her favorite prog
Written by: dreadlocks, 11 Sep 2012 2:06 PM
From: United States
tired of paying for flash internet, and getting something worse than dial up. tired of fighting the internet provider, who wants to hold him to an 18 month contract, even though the service is worse than useless. disgusted with thinking he put 1000 pesos in his propane cylinder, when the guy only pumped 600. frustrated with the fact that he cannot operate a night business in certain areas, because there is never electricity. tired of taking his appliance to a repairman, and having it break a week later, because the guy who fixed it just did enough to make it work again, not paying any attention to the cause of the problem. sick to death of having to clean up beer and soda bottles, plus styrofoam plates, from in front of his door, every day. i could go on , forever, but i think people get the point. there was a time when we thought that the DR was the only game in town. my buddy from England built two houses here. he went to England last November, and has not come back
Written by: dreadlocks, 11 Sep 2012 2:08 PM
From: United States
he is trying to get them sold, because, to him, the place is no longer vaguely like what it was when he got here. when the gringos decide that they have had enough, the economy will take a giant kick in the nuts. you cannot expect people to accept crap forever.
Written by: Danilo, 11 Sep 2012 2:23 PM
From: Dominican Republic, www.DuckyDeals.com
They're scared of all these new "consumer protection agencies"
Written by: Danilo, 11 Sep 2012 2:23 PM
From: Dominican Republic, www.DuckyDeals.com
They're scared of all these new "consumer protection agencies"
Written by: dreadlocks, 11 Sep 2012 2:28 PM
From: United States
says Danilo

Written by: Danilo, 11 Sep 2012 2:23 PM
From: Dominican Republic
They're scared of all these new "consumer protection agencies

you think that is the reason?
Written by: DaveB, 11 Sep 2012 3:25 PM
From: United States
dreadlocks; I've already experienced just about everything you listed and only have a total of the year in the Dr. It's not just sad but pathetic, that international companies like Alamo Rent A Car have local employees that will lie, cheat and defraud foreign customers, or that Western Union employees in Santo Domingo will refuse several times in a row to hand the money over to the recipient. This article is very vague and lacking any specifics, but you have listed the whole bunch of the dishonesty and arrogance that will eventually turn the Dr's into a discount destination for gambling, sex, and drinking in the streets. This might as well be an entire country filled with American Republicans, since all that anybody looks at is short term immediate profit.
Written by: bernies, 11 Sep 2012 3:31 PM
From: United States, key west fl
Well dreadlocks, maybe you are right because when they got here in 2002 the economic was fine because Leonel left it that way and since they came with Dollares their life expenses from thoses Dollars changed in 2003 because the Dollars shut up from 19 to 1 to 55 to 1, so life to them in their city and home became very inexpensive because they were using a lot less USD to support themselves here. Prices has scy rise everywhere in the world. So if there are saying that they are going to Panama I can understand because you got to go where your money last longer, How come they don't go back to America, prettty simple life is expensive now and there no jobs and Panama is booming but the question is how long can they survive without taxing the people, not very long I will say.
Written by: dreadlocks, 11 Sep 2012 3:43 PM
From: United States
bernies, do you believe that the people who i am talking about are going to Panama for the small difference in the cost of living? some of the people i am talking about do not worry about money. they can buy both you and i, and sell us before midday. i am talking about people who have had their houses broken into, and the cops will not come to investigate unless they promise to pay for the gasoline. people who can afford to buy and build houses in an exclusive urbanization, and return home, leaving the houses locked up, have bigger issues than money. they do not go back to Europe and America, because they like a tropical climate. it is the climate that brought Europeans to the Caribbean, first and foremost. trust me on this one. these guys do not compare the cost of a gallon of milk in Santo Domingo with the price in Panama. it is the way of life that matters to them.
Written by: dreadlocks, 11 Sep 2012 3:48 PM
From: United States
DaveB, on the subject of Western Union...my son and i both have the same name. he sent me an amount of money by WU, but they refused to give me my cash.. know why? they said that the sender and the recipient had the same name. i explained the fact that it was a father/son thing, and we have the same name. they made me call him, and have him re-send the money, using his middle name, and my first name. can anything get any dumber than that?
Written by: josean, 11 Sep 2012 3:56 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

DaveB you hit the proverbial nail on the head when you say they opted for short term gain at the expense long term quality!

The Purple ones in there haste to so called modernity, have ruined the charm and character of the Dominican Republic by turning it into a carbon copy of everywhere else or as Lie-onel likes to call it Little New York.

They threw out the baby with the bathwater!

Written by: bernies, 11 Sep 2012 5:48 PM
From: United States, key west fl
The question is why are you guys still here. I used to lived in one of the most secured and safe place in American in Arlington VA right across from where they have the MARINES holding up the American flag and just 10 minutes walk to Georgetown and I told you what, in 2002 I came back to DR for vacation and haven't gone back to work to the USA since even so I travel there very often, and you want to know why because live here is more simple compare to the USA where you always have to worry about what new F law came out that is restricting the right to be a free man in a free country, because the laws that they creating some of them are creating now and not good for free will people like me. Telephone conversation tap under some new law, you can't say this and you can't say that because it may offend some group of people. Crime is everywhere and I understand that here is pretty bad but there also a lot thing that can do here like free men unlike the USA.
Written by: dreadlocks, 11 Sep 2012 6:15 PM
From: United States
bernies, you missed my point. it was about the people who have had enough, and are leaving. that should answer your question.
Written by: anthonyC, 11 Sep 2012 6:57 PM
From: United States


People criticized me when I said that I had stop doing business in the D.R. because of the deteriorating business climate and culture of corruption.
The only difference now is that the Big Boys are starting to feel it now.

Ha!
Written by: elBuscoon, 11 Sep 2012 9:00 PM
From: Cuba, La Havana, Que Viva La Revolucion
Dread, I have lived here 7 yrs now and have seen it all and have had everything stolen from me little by little. But let me tell you Panama is no cake walk. I was there for 6 months before I said enough is enough and I came here to the DR.

This whole world has gone to the shitter thanks to George Freaking Bush. Yes the Dr sucks at times but like Bernies said, the USA sucks big time and freedom is a thing of the past. At least you have freedom here in the DR. Hell I ride my motorcycle with a quart beer in my hand and the PN and AMET just wave at me and never fock with me.

Life is all about what make you feel good and what your pocket can afford. The DR is not that bad you just have to be a bigger tigere than they are.

Written by: VeronicaDR, 11 Sep 2012 9:32 PM
From: United States
dreadlocks I believe you have given a good reason why we are in the situation economically now in the DR. I believe many of our problems comes from our major corruption issues. The problem is it is so out of control it will take many many years to fix.

Many foreigners believe they get treated unfairly because they are foreigners. This is definitely true but don't think because you are a Dominican you are not subjected to the same treatment because you are as well.

We have allowed the corruption to reach catastrophic levels and this has made our island a home for criminals and criminal behavior.Our legal system is a joke run by mostly illiterate fools.

Our current concentration on education is a good start but we need to fix our main problem before any of the others will ever be fixed. Ridding our government of as much corruption as is possible by force.
Written by: JHCL2016, 12 Sep 2012 12:29 PM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!
La Autovía de Coral produciendo ya mas frutos!

puntacana-bavaro.com/index.php/noticias/item/816-hotel-sanctuary-cap-cana-presenta-nuevas-promociones-para-el-p%C3%BAblico-local

Consejito para los PPHachunos: Pongan sus huevos para el '20, porque el '16 es también de Leonel y el PLD!!!

Stop whining, coge pa'lante y manos a la obra!

8-)

* Gracias Dios, tenemos a Leonel, a Danilo, y a Margarita *
Written by: synapse, 12 Sep 2012 5:55 PM
From: United States

What legal security?????
How about the 18 illegal and fake "embargo assaltos" on resorts in Punta Cana last year? Does that count for any of the total disregard for legal security??
Written by: chillinout, 12 Sep 2012 5:57 PM
From: Dominican Republic
Not exactly important but this sums up living in the DR. I bought a package of Dino chocolate cookies and the whole package was missing the white cream stuff that was supposed to be between the wafers. Now I've been eating Oreo's for 40 years and never had this problem.

This lack of detail, quality control and pride is common among too many products and services here.

My motto for this place revolves around Murphy's Law - Anything that can go wrong will go wrong. In second place is SNAFU - situation normal, all f-----d up.

Now I'm doing the dance with Claro since they just gave a bill for $RD 20,000 plus for a service that was cancelled 8 months or so ago and not used and never billed after the 18 month data contract expired. My local office employee confirmed it was properly cancelled but the main office doesn't care. Going on for weeks.

Yesterday the Claro phones in my area didn't work most of the day.

Written by: synapse, 12 Sep 2012 6:26 PM
From: United States

To thrive in the DR you have to be a bigger fugitive Tigre than everyone else and that means you have to intimidate with political and judicial muscle and payoff all the lacky's to do your bidding. If you are not a dirt bag or have no politicians or judges on the payroll then you don't belong their.
Written by: dreadlocks, 12 Sep 2012 6:30 PM
From: United States
chillinout, since you mention Claro, here is my struggle with those morons. went to get wireless internet from them, and they signed me to an 18 month contract. took the USB stick home, and it could not connect to the internet. i went back 5 times, and each time they said that they would be sending a "tecnico" to check for the problem.. finally, i told them that i wanted to speak to the manager. he made a call, only to find that they have no coverage in my area! i am serious! so, they cancelled that contract, and i gave them the stick. they told me that i would be getting my money refund on the 10th of October!!! i kid you not.! contract cancelled, they have their equipment, and they want to force me to wait 6 weeks for my money. i told them that i was going home to get some furniture, because i planned to live there until they paid me. half an hour later, i had my cash. a company like that would not last a week in a place like America.
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