NewsWhore
02-09-2009, 05:10 PM
An increase in British tourist arrivals and direct investment is strengthening relations between the UK and the DR. According to the British Embassy and the British Chamber of Commerce, Great Britain is the fourth leading direct investor in the DR with a total of US$1 billion. Roberto Herrera, president of the British Chamber of Commerce, explains that British investments have been made in pharmaceuticals, energy, telecommunications, construction, tobacco, tourism, spirits, petroleum products and call centers, among others. Among the British companies doing business in the DR are Zeneca, Ashmore Energy International, BT Global Services, Biwater, British American Tobacco, Check-Safety First, Diageo, Glaxo Smith Line, The Edrington Group-Brugal, the Shell Company and Unilever.
During a meeting sponsored by Hoy, Herrera explained that the recent depreciation of the pound could result in less British tourists. He commented that tourists arriving now had already purchased their all-inclusive packages when the pound was strong.
Speaking on the purchase of the Brugal Company by the Edrington Group, British Ambassador to the DR Ian A. Worthington said the buyout means the Dominican-produced rum will reach more consumers internationally.
More... (http://www.dr1.com/index.html#9)
During a meeting sponsored by Hoy, Herrera explained that the recent depreciation of the pound could result in less British tourists. He commented that tourists arriving now had already purchased their all-inclusive packages when the pound was strong.
Speaking on the purchase of the Brugal Company by the Edrington Group, British Ambassador to the DR Ian A. Worthington said the buyout means the Dominican-produced rum will reach more consumers internationally.
More... (http://www.dr1.com/index.html#9)