NewsWhore
10-16-2009, 02:00 PM
The president of the Dominican Association of Free Zones (ADOZONA), Fernando Capellan, has revealed that exports from the nation's industrial free zones continue to decrease with the resulting loss of 8,000 jobs. He said that in the first half of the year exports were off by 22%, going from US$2.208 billion in the first half of 2008 to US$1.724 billion for the same period this year, a decrease of US$483.9 million. Capellan said that it was not just textile exports that were down. Electronics were 50% less and jewelry was 59% less in the first half.
As reported in El Caribe, even tobacco, a Dominican tradition for more than 300 years, was down 8%, shoes 12% and "other products" down 21%. Perhaps ironically medicines and pharmaceutical products were up.
The Adozona leader and his executive vice-president, Jose Manuel Torres, told reporters that on 30 October the association would hold a seminar called "Inteport: towards an export mindset". The event will feature Miami Herald columnist and bestselling author Andres Oppenheimer.
More... (http://www.dr1.com/index.html#6)
As reported in El Caribe, even tobacco, a Dominican tradition for more than 300 years, was down 8%, shoes 12% and "other products" down 21%. Perhaps ironically medicines and pharmaceutical products were up.
The Adozona leader and his executive vice-president, Jose Manuel Torres, told reporters that on 30 October the association would hold a seminar called "Inteport: towards an export mindset". The event will feature Miami Herald columnist and bestselling author Andres Oppenheimer.
More... (http://www.dr1.com/index.html#6)