British Chamber of Commerce Remarks Contributions by Film Law Local Investments

British Chamber of Commerce Remarks Contributions by Film Law Local Investments

The British Chamber of Commerce of the Dominican Republic hosted its traditional annual breakfast gathering in which Leonel Melo, guest speaker and Chairman of the OMG advisory firm, explained how local companies can seize the film law.

Melo exposed what are the steps needed to take by many companies to seize, among many other benefits, deduct 25% of tax duties invested in film production, as is contemplated in the legislation framework, and how it will help boost the local film industry.

Campos De Moya, sitting Chairman of the British Chamber, highlighted the investment made by many Dominican companies as well as British enterprises in this type of local industry, reason why he understands it represents a vast opportunity Dominican businessmen have to invest in this field, hence contributing to creating jobs and national development.

Jaime Pina, Operations Director at Indomina, elaborated on all advances made in the construction of the Pinewood Indomina studios in Guayacanes, where the “water tank” construction is already in advanced phase, scheduled to be launched in September, and available for film productions requiring water action scenes or even scenes insides vessels.

Melo indicated that the increase experienced in the DR by 2012 in local film production is the result of the seizing of the Film Law. The expert understands that there are many companies that can also benefit, reason why he thanked the British Chamber for covering this topic, and that same must be made known in the Dominican business sector.

Diverse Participants: The gathering, hosted in the Hotel El Embajador, featured the attendance of senators and government deputies, as well as from the opposition, also, Steve Morgan, Commercial Attaché of the British Embassy, Eddy Martíenz, Director of the CEI-RD, César Dargam, Deputy Minister of Foreign Affairs and Carol Suárez, Legal Head of the General Film Department (DGCINE).

About Indomina:

Indomina is a company in the Real State and Tourism portfolio of assets managed by VICINI.

 The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source:  Listin Diario

New Labeling Norm for Charcuterie is Approved

The National Commission of Norms and Quality Systems approved a new regulation on labeling of charcuterie products which will order and correct the anomalies existing in the market with production of some of these products.

Manuel Guerrero, director at Digenor, said this regulation was approved amid an emergency meeting yesterday, and that the same is now a regulation of mandatory application that will enter into force within three months.

He affirmed the regulation is punctual in the ordering of the charcuterie products market, which parting from its implementation with consumers, they will be updated on the real components of the product they are purchasing.

“If it says 100% pork-based salami, the content will need to be pork meat by 100%”, he explained.

He added the regulation forces the inclusion in the label of all nutritional values of the product, date of manufacture, and expiration date, lot number, asides eliminating all types of phrases or slogans that tend to confuse or deceive the consumer.

INDUVECA

Induveca informed that by maintaining their commitment of quality towards Dominicans and with the aim of ensuring transparency in all communication with consumers, they hired the independent services of SGS (Societé Générale de Surveillance) a French international certification company, for the analysis and research regarding compliance of the sanitary, quality and innocuity regulations.

He points out that SGS is worldwide leading company in the inspection, verification, essaying and certification field, with over a century of experience and is a reference of quality and integrity in the main industries worldwide, adding significant value to all client operations in a world that required further regulation every day.

About INDUVECA:

Induveca is a company in the Food and Beverage portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario

Product Quality Guaranteed

Induveca clarified last night that a prestigious international company certified last June that their product quality showed no evidence of elements that could potentially harm the health of their consumers.

Induveca clarified last night that a prestigious international company certified last June that their product quality showed no evidence of elements that could potentially harm the health of their consumers.

They precised that in the analyzed product samples, “no fecal coliforms were detected, and the nitrites maintain at levels below the established parameters, giving our products an excellent grading based on the criterion of acceptance, both locally and abroad”. Induveca reminded that it is the leading company nationwide in the charcuterie market.

About INDUVECA:

Induveca is a company in the Food and Beverage portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario

 

British Companies Investments in Local Production is Highlighted

Campos De Moya, President of the British Chamber of Commerce of the Dominican Republic, highlighted this morning the investment made by Dominican and British companies in the local film industry, reason why he understands this is a great opportunity Dominican businessmen have to invest in the field, hence putting in their grain of sand in creating jobs and boosting national development.

Upon chairing the traditional annual Chamber breakfast in which Leonel Melo served as guest speaker, he explained how Dominican companies can take advantage of the Film Law, De Moya said the financial crisis affecting Europe could result beneficial to the local film industry, due to producers seeking alternatives to reduce their production costs.

Present in the gathering were Steve Morgan, Commercial Attaché for Great Britain, César Dargam, Deputy Minister of Foreign Affairs, filmmaker Jaime Pina, Operations Director for Indomina, whom has worked in over fifteen productions.

Melo exposed what are the necessary steps company must take, among other benefits, to deduct 25% of Tax Duties in order to invest in film production, as the legislation so establishes.

Jaime Pina, Operations Director for Indomina, provided details of the progress achieved in the construction of the Pinewood Indomina Studios, which are being developed in Guayacanes, and where the “water tank” is already quite advanced and scheduled to be operational by September.

VICINI, SHELL DOMINICANA, EGEHAINA, METALDOM, and BANCO POPULAR sponsored the breakfast gathering among other companies.

About Indomina:

Indomina is a company in the Real State and Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Hoy

INDUVECA States Their Salami Meets All Quality Requirements

INDUVECA States Their Salami Meets All Quality Requirements

SANTO DOMINGO, Dominican Republic. INDUVECA, a member company of Grupo Mercasid stated on Tuesday night that their products are free of fecal coliforms and their nitrite levels are below the established parameters of “hazardous to health”. In a press release issued by the company, following the publication of the report issued on Tuesday by ProConsumidor, they affirm they maintain their commitment with quality for the Dominican People.

They affirm to supporting the ProConsumidor initiatives and of the local authorities to identify the informal companies that do not meet the sanitary regulations and required innocuity, putting at risk the health of the Dominicans people. They sustained hiring independently the services of the international certification company SGS (Societé Générale de Surveillance) for analysis and research of compliance with sanitary regulations, quality and innocuity. They explained that SGS is a leading company worldwide in the field of inspection, verification, essaying and certification, with over a century of experience and is reference of quality and integrity in the main industries worldwide, adding significant value to their client operations in a world that is more demanding every day in terms of regulations.

“Johansen & Cía., authorized SGS agents, collected random samples of our brands. This work was carried out by inspectors whom visited supermarkets and country bodegas on June 22 2012. The samples were studied separately in three laboratories: Institute of Innovation in Biotechnology and Industry, Dominican Agro Business Laboratory and our laboratory”, states the INDUVECA communiqué. “The study reflects the absence of elements that put at risk the health of consumers. IN the sample no fecal coliforms were detected and nitrites are maintained at levels way lower than the established parameters, thus providing our products an excellent grading based on the acceptance criterion by local and international institutions”, they stated.

They argument that the results of the investigation coincide with what has always been their promise, to provide quality in each product produced at their plant. “The constant concern on behalf of INDUVECA to innovate and certify production processes has allowed them to offer products of proven world quality, keeping as results brands that today, form part of the Dominican pride”, they added. It was also stated that INDUVECA  is the leading company in the Dominican charcuterie market, with over 43yrs of tradition and quality, and that their production plant in La Vega is the largest in Central America and the Caribbean and works since years ago under the certifications:  ISO 9001: Certificate No. 43646 issued by ABS Quality Evaluation Inc., credited by ANAB; ISO 14001: the INDUVECA environmental governance was certified in 2012 by ABS Qulaity; ENVIRONMENTAL PERMITE 0151-03: issued by the Ministry of Environment and Natural Resources.

“Our plant operates under continuous supervision by the Ministry of Public Health” , they assure.

About INDUVECA:

 Induveca is a company in the Food and Beverage portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Acento

 

Banco Unión and tPago Sign Remittance Services Agreement

SANTO DOMINGO. GCS Systems through their core product tPago, allied with Banco de Ahorro y Crédito Unión (Banco Unión), an entity with over 20 years experience in remittance services.

Through this agreement, clients can purchase the product and link their accounts in order to enable performing all transactions offered by tPago. Also, products and financial services will be developed to promote savings, investment, and credit among remittance recipients.

“Our clients will receive their remittances in a bank account, and will be able to manage their money from there, as was informed by María Armenteros-González del Rey, Executive VP of Banco Unión.

About tPago:

tPago is a service provide by GCS System, a company in the Financial Services portfolio of assets administered by VICINI.

 The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Diario Libre

Ferry Brings 80% Cargo PR-DR

Ferry Brings 80% Cargo PR-DR - Sansouci

Through he America Cruise Ferries ferry, 80% of commercial cargo is shuttled between Puerto Rico and the Dominican Republic. Also, on its first year of operation, this embarkation transported 75,000 passengers and 13,200 vehicles in both directions.

So informed Nestor González and Maribel Más, President and Vicepresident respectively, of Marine Express, Agency Company for America Cruise Ferries, amid an activity celebrated yesterday due to the first anniversary of embarkation operations.

They pointed out that the Ferry impacts annually the Dominican and Puerto Rican economies with revenue surpassing USD$50m, and generates some 1,000 jobs direct and indirectly for both nations.

They also emphasized that around 350 small and medium-sized companies, mainly cargo-related between both destinations, benefit from the maritime bridge constituted by the Ferry, reaching a transportation capacity of 38,736TUES (cargo capacity of a normal 20ft container) during this first year, and projecting some 42,600TUES for the 2012-2013 term.

They said the amount of trips made by the Ferry maintained according to the established thrice-weekly itinerary and four additional trips needed to be added for the holidays season, ending 2011 with a total 160 trips. They added that for 2012-2013, they hope to shuttle 90,000 passengers and 15,000 vehicles.

The Marine Express executives thanked the Dominican and Puerto Rican authorities for their support, for the work done in order for the Ferry operations to be carried out successfully. Also the Sans Soucí Port, for all granted facilities.

On his behalf, Victor Macarrulla, member of the Executive Committee of Sans Soucí Ports, pointed out that the Ferry operations offer a unique service in the country, and benefit both nations, given that they facilitate passenger and cargo shuttling, generate jobs and dynamize tourism between the two countries.

The Ferry from Santo Domingo, features departures to San Juan, Puerto Rico, on Sundays and Thursdays and 7pm, and to Mayaguez every Tuesday at 8pm.From San Juan, it departs every Monday and Friday at 7pm and from Mayaguez every Wednesday.

The amounts:

75,000 passengers were transported on the America Cruise Ferries (ferry) on their first operational year. Also 13,200 vehicles between both countries.

About Sansouci:

Sansouci is a company in the Real State & Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Hoy

Aeropaq Launches Promo for Clientele

Santo Domingo. Aiming to thank and reward customer loyalty, Aeropaq, one of the leading courier services and online shopping company, together with Amazon.com and American Express by Banco del Progreso, have merged in the summer promo “The heavier the better” (*in Spanish, “Mientras más pesado, Mejor”.

This way for every 10pounds purchased on Amazon.com, shipped through Aeropaq, customers will receive gift cards from Amazon.com, for a value of USD$10.00 , which can be applied on their next Amazon purchase.

These gift cards have no expiration date and can be accrued by customers in order to be used either individually or together in one same purchase, whenever they wish to.

Likewise, online shoppers, whom pay using their American Express card by Banco del Progreso, will receive double the amount of points with the Membership Rewards program.

Also, when using your Amex card to pay at Aeropaq, you receive an additional 5% discount on courier services for their packages. In this 4th edition of the summer promo, it enriches thanks to the addition of an additional component to all American Express cardholders. For all purchases done through Amazon.com, customers can win prizes weekly.

About Banco del Progreso: 

Banco del Progreso is a company in the Financial Services portfolio of assets administered by VICINI. 

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario

Fiat Panda: To Combat the Crisis

Fiat Panda: To Combat The Crisis - Edom

In Europe the Fiat Panda is one of the most sold models. Ideal for daily use in the city, here is the story: The version imported by EDOM is a very interesting option due to comfort and effectiveness in their 5-speed automatic-sequential, the economy of its small 1200cc engine, the image its well cared-for bodywork contributes with, its surprising interior space contained within 3.54 meters, and, most of all, its purchasing price of USD$12,800.00 which makes it one of the most affordable models of the market.

For citizen use, it is comfortable and fits in any parking   space. It possesses five doors which facilitate vehicle entry. It has 4-passenger capacity and a large trunk for its size, its simple aspect provides sympathy at the first gaze. The 14” rims seem especially attractive to me.

The bodywork comes in different colors, some of them so elaborate and juvenile, like a particular blue, a very Italian red, or an interesting green, among others. Once seated, you see a control dashboard of very simple design but great finish. The adjustments between elements are good, and the used plastic has an attractive appearance.

Instrumentation has seen very well achieved, and asides the traditional meters, it is completed with a voyage meter that measures the mid autonomy, mid speed, mid consumption, instant consumption and time en route. Seats, despite not featuring multiple regulations, are comfortable and with elevated drive position. The stirring wheel is height-regulated. In the posterior row, it features discrete space for two passengers.

The engine inserted in our small protagonist is a 1.2liter from the “Fire” family, of simple technology, which reaches 60CV. At the beginning it can seem a little, but thanks to optimal transmission, with moves with an unexpected laxity.

We couldn’t carry out a consumption test, but according to official FIAT info, the little Panda surpasses 60Km per gallon, a true little “firecracker”.

María De Villota

Marussia for Formula 1 driver María De Villota, lost her right eye after the accident she suffered at the autodrome in Duxford, England. Official statements revealed that the surgical team at the Addenbrooke Hospital in Cambridge took on a long time-consuming procedure to save the life of the Spanish driver, and face the head and facial injuries De Villota had suffered. María remains in critical but stable condition.

Infiniti offers more

A night of Infiniti at the Manf-Ariel of Santo Domingo. An evening where the brand did not seek to be the centre of attention with the glamour of each car there displayed, but with the capacity this premium brand has to offer more for less. The responsible at Santo Domingo Motors, Infiniti dealers for the country, told us that: “All the Infiniti models reflect the wishes of their buyers to be able to have a high-performance, luxury and representation, but at a more affordable price than their direct competitors”. “As philosophy we try to achieve for the buyer to receive more at no extra charge”. Congrats!! Smart initiative.

Sergio Pininfarina. Farewell to a creator of dreams

Engineer Sergio Pininfarina, who designed some of the most emblematic models under the Ferrari brand, died on July 2nd, in his hometown of Torino, Italy at 86.

Born on September 8 1928, Sergio Pininfarina followed the guidance of his father, Battista “Pinin” Farina, spending a great deal of his life working in the family company, dedicated to designing and assembling automobiles.

His academic preparation was established with a Degree in Mechanical Engineering from the Polytechnic University of Torino in 1950, thus reaching to develop his professional career in design and emblematic auto projects. Pininfarina’s creations have had their maximum exposure in Ferrari models, but other sport brands such as Maseratti were not far behind the seal of this automobile artist. Cadillac, Peugeot, Jaguar, Volvo, Alfa Romeo, Lancia, Ford, MG, and even vehicle brands not so set in the heart of aficionados such as the Russian Lada (by AutoVaz) or Korean manufacturers whom also received stunning designs.

For Pininfarina, his most inspiring years transcurred between 1965 and 1985. His company managed to reach 5000 employees, though he never ceased to be a simple man.

Since beginning of 2000, his company underwent difficulties. Now, its future can rebirth thanks to the great demand for Pininfarina designs in China.

About EDOM:

EDOM is the authorized representative in the Dominican Republic of the brands: Alfa Romeo, Fiat, Iveco, Vespa, Case Ih Agriculture, New Holland Construction, New Holland Agriculture, Kobelco, Cifa and Petronas Lubricants. It is a company in the Retail, Food and Beverage portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Hoy

Aeropaq Launches Promo for Clientele

Santo Domingo. Aiming to thank and reward customer loyalty, Aeropaq, one of the leading courier services and online shopping company, together with Amazon.com and American Express by Banco del Progreso, have merged in the summer promo “The heavier the better” (*in Spanish, “Mientras más pesado, Mejor”.

This way for every 10pounds purchased on Amazon.com, shipped through Aeropaq, customers will receive gift cards from Amazon.com, for a value of USD$10.00 , which can be applied on their next Amazon purchase.

These gift cards have no expiration date and can be accrued by customers in order to be used either individually or together in one same purchase, whenever they wish to.

Likewise, online shoppers, whom pay using their American Express card by Banco del Progreso, will receive double the amount of points with the Membership Rewards program.

Also, when using your Amex card to pay at Aeropaq, you receive an additional 5% discount on courier services for their packages. In this 4th edition of the summer promo, it enriches thanks to the addition of an additional component to all American Express cardholders. For all purchases done through Amazon.com, customers can win prizes weekly.

About Banco del Progreso:

Banco del Progreso is a company in the Financial Services portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario