NewsWhore
12-15-2011, 04:10 PM
The Industrial Association of the Dominican Republic (AIRD) has just released a survey of the business situation in which it points out that the industrial confidence index was at 48.4%, a negative showing of less than 50%. Above 50% is considered to be positive. Nevertheless, the AIRD leadership, headed by the president Ligia Bonetti de Valiente, and her vice-president Circe Almanzar, says that if the state institutions and the political parties behave erratically, this does not create certainty and could provoke a greater lack of confidence in the productive and industrial sector. Despite concerns with rising cost of raw materials and other imports, the industrialists are optimists. "I believe that we can come out of this international situation which affects the industrial sector. What the country and the industrial sector have to do is prepare themselves and create strategic plans to reduce any crisis that might lie ahead".
Bonetti de Valiente also reported that the Business Climate Index was 47.6%, also showing a certain lack of confidence among industrialists with respect to the course of the economy, but she maintained that this slight lack of confidence is natural if one takes into account the international economic framework. "Nevertheless, this could tend to vary positively is we take into account the fact that 47% of the companies have made investments to increase their productive capacity and 47% are thinking about making new investments with the same purpose," she said. The industrialists showed evidence of the need for the productive sectors to work harder to instill a culture of savings, adding that the survey would be conducted every quarter.
More... (http://www.dr1.com/index.html#5)
Bonetti de Valiente also reported that the Business Climate Index was 47.6%, also showing a certain lack of confidence among industrialists with respect to the course of the economy, but she maintained that this slight lack of confidence is natural if one takes into account the international economic framework. "Nevertheless, this could tend to vary positively is we take into account the fact that 47% of the companies have made investments to increase their productive capacity and 47% are thinking about making new investments with the same purpose," she said. The industrialists showed evidence of the need for the productive sectors to work harder to instill a culture of savings, adding that the survey would be conducted every quarter.
More... (http://www.dr1.com/index.html#5)