Thursday, April 28, 2011

Names For A Soap Business

THE ECONOMIC AGENDA OF THE WEEK, THE WEEKLY AGENDA AGENDA. BANCO POPULAR


by Balbuena Medina

Vice President of the Dominican Corporation of State Electrical Companies, Celso Marranzini, reported that the Empresa Distribuidora de Electricidad del Este (EDE Este) annually loses $ 50 million (equivalent to almost two billion dollars) because of the breach by AES Andres, a contract to supply 300 megawatts of gas for 15 years, signed in 2002.

Marranzini, who described the incident as an attack against the state and stability of the energy system, said the loss of EDE This is based on the energy left to make up for AES Andrés has to buy in the spot market at a price up to 23 cents when the contract sets a price of six cents per kilowatt-hour

immediately l generator AES Dominicana to refute the charge of violating its contract with EdeEste, causing annual losses of $ 50 million.

According to defendant, instead of causing losses to EdeEste, as stated Marranzini, conditions that allow energy supplies savings, which are not quantified individually, but encompasses with those obtained Edesur and Edenorte and totaling $ 300 million a year.

Industrial associations in the Northern Region (AIREN) and Santiago Businessmen and Industrialists (ACIS), rejected any attempt to nationalize the social security system has been a major achievement, because it has allowed adequate service to users through the RHAs and health providers.

Lina García Blasco, president of Airen and Sandy Filpo, of Acis, respectively, proposed a consensus among health care providers, the RHAs and other stakeholders in the system to preserve the achievements of the Social Security System give a good health service workers and staff members.

Dominican Popular Bank closed the first quarter with an excellent performance, according to indicators released by the publication of its financial statements for the court of last March 31. This reflects the dynamic behavior and the steady growth of the financial organization and the support and confidence of customers and society.

L you the institution's total assets rose RD $ 9.705 billion, up 5% at the end of 2010. The main driver of this increase was the net loan portfolio, which increased RD $ 6.156 billion, equivalent to 6% compared to end December 2010, ending the period with a balance of RD $ 115,373,000.

This growth was directed mainly towards loans commercial production sectors and small and medium enterprises, representing an increase of RD $ 5.160 billion. For their part, mortgage and consumer loans grew by RD $ 825 million and RD $ 171 million, respectively. The growth in credit flow to the productive sectors, trade and consumption is a reflection of the dynamism of the economy in the first quarter

And finally at the international level, the price of a barrel of oil Texas closed at its highest point in two and a half to finish at $ 112.86 per barrel in the New York Mercantile Exchange (Nymex), driven by the sharp depreciation of the dollar.

While here in the currency market the dollar was bought at 37 to 39 and released for 37 to 91, while the Euro was purchased at 53 to 18 and was sold to 55 with 01 foreign currency.

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