NewsWhore
05-15-2007, 02:20 PM
Exports from the formerly vibrant industrial free zones in the Dominican Republic have fallen by 35% in the textile sector. The sector is certainly going through its worst moments. According to data from the United States Department of Commerce, Dominican textile exports fell to just US$275.2 million in the first quarter, down from US$368.1 for the same period in 2006. Not only was the value of the exports much lower, but also the amount of material, which fell by over forty million square meters of cloth. While the DR is the most affected by the changes in the textile sector, all of the nations in Central America experienced smaller losses. China and Vietnam are the two big winners in the textile race.
See http://otexa.ita.doc.gov/prelimadmin/msrcty/a2470.htm
As reported in Clave Digital, The Federation of Industries (FAI) is urging Congress to pass laws that would help save half a million manufacturing jobs. Ignacio Mendez mentioned the laws President Fernandez recently presented to Congress aimed at boosting the competitiveness of local industries - Industrial Competitiveness and Innovation, Commercial Associations and Individual Limited Responsibility Companies, Regime for the Development of Micro-, Small- and Medium-scale Companies, and Mercantile Restructuring and Legal Liquidation.
More... (http://www.dr1.com/index.html#8)
See http://otexa.ita.doc.gov/prelimadmin/msrcty/a2470.htm
As reported in Clave Digital, The Federation of Industries (FAI) is urging Congress to pass laws that would help save half a million manufacturing jobs. Ignacio Mendez mentioned the laws President Fernandez recently presented to Congress aimed at boosting the competitiveness of local industries - Industrial Competitiveness and Innovation, Commercial Associations and Individual Limited Responsibility Companies, Regime for the Development of Micro-, Small- and Medium-scale Companies, and Mercantile Restructuring and Legal Liquidation.
More... (http://www.dr1.com/index.html#8)