Friday, October 24, 2008




The decline in economic growth in the US is starting to make its impact felt on the Dominican Republic, with remittance growth slowing substantially during the first half of this year to 6.6%, compared to 13.9% during the same period a year earlier.


Measuring US$1.56bn during the first six months of 2008, we believe that remittances this year will struggle to substantially exceed last year's US$3.03bn figure. We believe that remittances could start to decline in 2009, as the impact of a US recession weighs on funds available for relatives to send home.


Not only will this negatively affect the Dominican Republic's current transfer balance, with the country's current account deficit set to widen to 11.9% of GDP in 2008 (from 6.1% in 2007), but we believe that real GDP growth will also suffer as a result, forecasting 3.4% growth in 2009.
Headline inflation in the Dominican Republic edged higher in December, bringing the end-year figure to 8.9% y-o-y, as food prices and energy costs translated into higher consumer prices.
Indeed, prices of food, non-alcoholic beverages and tobacco expanded by 8.8% y-o-y in December, up from 5.1% y-o-y in November and 5.8% during the same period a year earlier. The most remarkable upward trend, however, has been in transportation costs, with prices rising by an impressive 18.0% y-o-y, slightly down from a high of 19.2% y-o-y in November, and well above the 3.0% y-o-y increase in December 2006. We currently forecast inflation to average 7.4% y-o-y in 2008, and slow to 6.0% by year-end.

Wednesday, October 22, 2008


Sugarcane


Sugarcane was originally from tropical South Asia and Southeast Asia. Different species likely originated in different locations with S. barberi originating in India and S. edule and S. officinarum coming from New Guinea. The thick stalk stores energy as sucrose in the sap. From this juice, sugar is extracted by evaporating the water. Crystallized sugar was reported 5000 years ago in India.


Around the eighth century A.D., Arabs introduced sugar to the Mediterranean, Mesopotamia, Egypt, North Africa, and Spain. By the tenth century, sources state, there was no village in Mesopotamia that didn't grow sugar cane. It was among the early crops brought to the Americas by Spaniards. Brazil is currently the biggest sugar cane producing country.


The methods of growing sugarcane and processing sugar were technologies transferred to China from India in the 7th century, during the reign of Harsha (r. 606–647) over North India and the reign of Emperor Taizong (r. 626–649) over Tang China. Two sugar makers summoned from leaders of Mahabodhi Temple traveled alongside a delegation of Buddhist monks to China, where they successfully taught the Chinese how to grow sugarcane and produce sugar.


A boiling house was used in the 17th through 19th centuries to make sugarcane juice into raw sugar. These houses were add-ons to the sugar plantations in the western colonies. This process was often conducted by the African slaves, under very poor conditions. The boiling house was made of cut stone. The furnaces were rectangular boxes of brick or stone with openings near to one side, and at the bottom to stoke the fire and pull out the ashes. At the top of each furnace were up to seven copper kettles or boilers, each one smaller than the previous one and hotter.


The cane juice was placed in the first copper kettle which was the largest. The juice was then heated and a little lime added to remove impurities. The juice was then skimmed then channeled to the other copper kettles. The last kettle, which was called the 'teache' was where the cane juice became syrup. It was then put into cooling troughs where the sugar crystals hardened around a sticky core of molasses. The raw sugar was then shoveled from the cooling trough into hogsheads (wooden barrels) where they were put in the curing house.


Sugarcane was, and still is, extensively grown in the Caribbean, where it was first brought by Christopher Columbus during his second voyage to The Americas, initially to the island of Hispaniola (Dominican Republic) . In colonial times, sugar was a major product of the triangular trade of New World raw materials, European manufactures, and African slaves.


France found its sugarcane islands so valuable it effectively traded its portion of Canada, famously dubbed "a few acres of snow," to Britain for their return of Guadeloupe, Martinique and St. Lucia at the end of the Seven Years' War. The Dutch similarly kept Suriname, a sugar colony in South America, instead of seeking the return of the New Netherlands (New Amsterdam).


Cuban sugarcane produced sugar that received price supports from and a guaranteed market in the USSR; the dissolution of that country forced the closure of most of Cuba's sugar industry. Sugarcane remains an important part of the economy of Belize, Barbados, Haiti along with the Dominican Republic, Guadeloupe, Jamaica, and other islands. The sugarcane industry is a major export for the Caribbean, but it is expected to collapse with the removal of European preferences by 2009.

Sugarcane production greatly influenced many tropical Pacific islands, including Okinawa and most particularly Hawaii and Fiji. In these islands, sugar cane came to dominate the economic and political landscape after the arrival of powerful European and American agricultural business, which promoted immigration from various Asian countries for workers to tend and harvest the crop.


Sugar-industry policies eventually established the ethnic makeup of the island populations that now exist, profoundly affecting modern politics and society in the islands.

Cuba is a major grower of sugarcane, which is used to produce sugar and provide the ethanol used in making gasoline-ethanol blends (gasohol) for transportation fuel. In India, sugarcane is sold as jaggery and also refined into sugar, primarily for consumption in tea and sweets, and for the production of alcoholic beverages.

Monday, October 20, 2008


Dominican help allows faster recovery in Cuba

Havana.– The roofs of school and health facilities in eastern Las Tunas province (660 kilometers east of Havana city) are being repaired with 4,000 zinc sheets and 5,000 wooden strips donated by the Dominican Republic.


Granma newspaper reports that, just a few hours after the beginning of the fast and organized distribution of this aid, everybody agrees that it was the right thing to use those resources to repair these facilities severely damaged by Hurricane Ike’s winds that battered Cuba last September.


This decision, analyzed in the Civil Defense Council at the request of the provincial government, will benefit some 1,420 families whose children study in 13 schools currently being repaired.
Also being repaired are several senior citizen clubs in the Jesus Menendez, Puerto Padre and Manatí municipalities, as well as a maternity home and a dozen medical facilities.



Dominican Rum brand Brugal is to be launched in the United Kingdom on trade this month. Distributed by Maxxium, the rum produced in the Brugal produced in the Dominican Republic is currently the fourth largest rum in Europe, with over one million cases being sold last year in Spain.


Two varieties will launch in the UK: Brugal Anejo Golden Rum and more premium product Brugal Extra Viejo Golden Rum. Maxxium is supporting the launch with a program of bar staff education, trade incentives and advertising.


The launch comes at a time of increased publicity around rum, with Rum Fest, Europe’s only festival dedicated to the spirit, taking place in London on October 25 and 26.


Brugal brand manager Karen Dobie said: “The launch of Brugal into the UK is very exciting. It will be a fantastic addition to the Maxxium brand portfolio and that of our trade customers. We feel the brand authenticity and heritage will really resonate with consumers and provide them with an authentic taste of the Caribbean.”

Thursday, October 16, 2008


Santo Domingo (city, Dominican Republic)


Formerly Ciudad Trujillo, largest city, chief seaport, and capital of the Dominican Republic, in the southern part of the country, capital of the National District, on the Caribbean Sea. Located at the point where the Ozama River flows into the Caribbean, the city has a fine artificial harbor accessible to most commercial and passenger ships. It is connected by both ship and airlines with principal points in North and South America and is at the hub of a network of modern roads.


Santo Domingo is a tourist, economic, and administrative center. Points of interest include the Cathedral of Santa Maria la Menor (built 1514-1520), believed to contain the remains of Christopher Columbus; the ruins of the palace of Columbus's brother Diego; 16th-century churches, such as San Nicolás and San Francisco; and the fortified walls of the original Spanish town. Educational and cultural institutions include the Autonomous University of Santo Domingo, dating from 1538 and said to be the oldest university in the Americas, and Pedro Henríquez Ureña National University, established in 1966.

Founded in 1496 by Bartholomew Columbus, brother of Christopher Columbus, the city is the oldest European settlement extant in the New World. In 1930 it was heavily damaged by a hurricane but was subsequently rebuilt. In 1936 it was renamed Ciudad Trujillo for the Dominican President Rafael Leónidas Trujillo Molina. It became Santo Domingo again in 1961 after the assassination of Trujillo and the subsequent fall of his regime. In 1965 the city was the scene of an uprising against the ruling government of the Dominican Republic.



The first permanent colony of Europeans in the western hemisphere was established in the Dominican Republic. Santo Domingo was founded in 1496 by the brother of Christopher Columbus, was the first permanent city in the New World. Some of the old colonial buildings are still standing, fine examples of which are in Santo Domingo. The colonial center of Santo Domingo was declared a UNESCO World Heritage Site in 1990.

Art, music, and literature developed in part along Western patterns, with a strong African cultural component. The African heritage is especially notable in the country’s folk culture, particularly the music. The two traditions—African and Spanish—blend in the popular national song and dance, the merengue. Merengue music can be heard everywhere on the island, and every summer Santo Domingo holds a two-week merengue festival at which the world’s finest merengue bands and merengue dancers appear.

Most of the country’s major cultural institutions are in Santo Domingo. They include the Museo de las Casas Reales (Museum of the Royal Houses), a museum of colonial life; the Museo del Hombre Dominicano (Museum of the Dominican Man), with exhibits on pre-Columbian life on the island; and the Museo de Arte Moderna (Museum of Modern Art), with works by Dominican artists. The National Aquarium and National Botanical Garden, also in Santo Domingo, feature impressive displays. Puerto Plata on the north coast of the island has the Museo de Ambar, which displays unusual pieces of Dominican amber with plants and insects and other animals embedded inside them.

Among the country’s most beloved writers is Salomé Ureña de Henríquez, who is considered a national poet. She lived in the second half of the 1800s and in 1881 organized the Instituto de Señoritas, the first Dominican center of higher education for women. Her two sons, Pedro and Max Henríquez Ureña, became distinguished Latin American writers and thinkers.


Other Dominican writers include Gastón Fernando Deligne, a modernist poet of the late 1800s and early 1900s; Fabio Fiallo, author of delicate love lyrics in the early 1900s; Manuel de Jesús Galván, author of Enriquillo (1882), a historical novel based on an early Native American revolt against the Spaniards; and Manuel del Cabral, a versatile 20th-century poet whose work showed his strong sympathies with the country’s impoverished blacks.

Juan Bosch, president of the republic in 1963, was also the most distinguished Dominican writer of the mid 20th century, well known as a novelist, short story writer, and essayist.


Joaquín Balaguer, the republic’s president from 1986 to 1996, was also an accomplished writer on many topics. Much of the best known Dominican writing today comes from Dominicans who have emigrated. Julia Alvarez, who moved with her family from the Dominican Republic to New York City at the age of 10, has written about the collision of the two cultures in such works as the novel How the Garcia Girls Lost Their Accents (1991) and the children’s book How Tia Lola Came to Stay (2001).

Friday, October 10, 2008




Cabarete hasn't been known as a windsurfing destination until the late 80's, but in the recent years it has become very popular thanks to its wonderful conditions for windsurfing and kitesurfing. The Eastern Trade Winds provide strong and consistent wind all year round. The water is warm all year round, so there's no need to bring your wetsuit.


All windsurfing centers in Cabarete are located right in the Bay for easy rigging and direct launch from the beach at their site. You can rent gear, store gear, purchase gear and take every level of instruction from each windsurfing center.


In the morning wind conditions in Cabarete are good for beginners or children: the wind is very light and the water tends to be flat. In the afternoon the wind increases for intermediate and expert level windsurfing, and blows until 6 p.m. The normal wind direction is South-East, cross offshore.


Cabarete Bay has a sandy bottom, with only a few spots of reef in the inner bay that are quite easy to avoid. The offshore reef is about 600m away from the beach. The great advantage of Cabarete windsurfing is that here in one place you have two types of sailing conditions - waves and flat water. Beginners and intermediates will feel comfortable inside the reef, where flat water (or chop sometimes) are optimal for learning and practicing new elements. More ambitious windsurfers can go to the reef for wave sailing.


During the winter windsurfing season (December to April), the wind is less constant but wave freaks can ride down reef waves up to 4 m in height. This period is great to learn and practice wave sailing. Average sail size for mid-sized Male: 5.7m2.


The period from June to September is the summer windsurfing season in the Dominican Republic. The wind tends to be stronger than in winter. Waves are not as consistent as in other periods, but flatter waters are great for slalom sailing. Average sail size for mid-sized Male: 5.3m2.


The months of May, and the period from October to the end of December, are less reliable in terms of sailing conditions. It can vary from not very good to excellent, depending on the weather systems moving through the area.



The dive spots of the Dominican Republic is a heaven for an experienced diver, and also a good place to start diving. The weather conditions, warm waters and good visibility, allows to dive all year around. The undersea world has excellent reef diving, good visibility, warm waters, wrecks, caverns and marine life offering a wealth of diving experiences around the island.


The marine life is very diverse: there are hundreds of tropical fish, coral and plant life. The grouper and porcupine fish are amongst frequently spotted fish.


Magnificent and brightly-colored fan coral are habitants of the iridescent reefs with illusive visitors like whale sharks, mantas, and the cheerful dolphins. Other mammals like the Manatees are found in the endless mangrove forests and lovesick humpback whales in the Bahia de Samana in the season.


Diving conditions in the Dominican Republic


The Dominican Republic has primarily tropical climate, with more local variations in temperature than seasonal ones. Visibility can be expected to be between 50 and 100 feet (15 - 30m) and the average water temperature is between 25-29°C (76-82°F). Recommended insulation is a thin lycra suit or a 3mm “shorty” wetsuit for snorkeling and diving. For rainy days and multiple diving a 3mm full wetsuit is necessary.



Rafting
River rafting in the Dominican Republic takes place in the mountains of the Cordillera Central along the country's longest river, the Yaque del Norte. The river is considered to be a quite technical one, and rafting here is more interesting in wet months of the year, with plenty of water.


The majority of companies, organizing rafting tours, are based in the town of Jarabacoa. Rafting boats are usually big enough for about eight people. Life jackets, helmets and wet suits are provided by a rafting company.


Canyoning
Canyoning (frequently referred to as "canyoneering" in the United States) is a fascinating form of outdoor activity, including hiking, climbing, jumping, swimming and rappelling to the bottom of a river canyon - in other words, all actions you have to do to get from Point A to Point B. The aim of canyoning is to overcome the obstacles you meet on your way.


Canyoning can be done in any place with suitable and challenging terrain. Mountain rivers of the Dominican Republic are perfect for this activity.
The equipment you need for canyoning includes a helmet, wet suit, harness and ropes. All these things are usually provided by companies that organize canyoning tours.



Dominican Republic has become an extremely popular golf destination due to a combination of outstanding year round summer weather and the varied terrain. Golfing in the Dominican Republic is a pleasure both for serious and recreational players. It's difficult to say what season is the best for golf - thanks to the tropical climate golfers are able to play all year round.


Many of Dominican golf courses are located along the coastline and provide magnificent views of the ocean. Hills and coastline are incorporated into the design to challenge the golfers.
The majority of the golf courses are located in resort areas. Golf packages of any kind are available at resorts around the Dominican Republic. The golf packages usually include room, meals, and drinks, include green fees and cart rentals. Many golf resorts provide clinics and lessons. Some of them host annual tournaments.


Dominican Republic Golf Clubs


Barcelo Bavaro Golf
This golf course is part of the Barcelo Bavaro Resort complex. It is is flat, very playable, usually in excellent condition.

Number of Holes: 18

Length of Course: 6,376 yards Bavaro


Guavaberry Golf and Country Club


Guavaberry Golf and Country Club is located just 20 minutes from the Santo Domingo airport and less than a 10 minute drive from Coral Costa Caribe Beach Hotel.

Number of Holes: 18

Length of Course: 7,156 yards


Las Lagunas Country Club


Las Lagunas Club is widely spread over hilly terrain and offers scenic views. It is located in a 15-minute drive from Santo Domingo.

Number of Holes: 18

Length of Course: 6,800 yards


Los Mangos Golf Course


Los Mangos Golf Course is located only five minutes from Puerto Plata. Golfers play among tropical fruit trees.

Number of Holes: 9

Length of Course: 3,300 yards


Innovative and challenging sea-fronting golf course, designed by Pete Dye. Golfers will enjoy great ocean and panoramic views.

Number of Holes: 18

Length of Course: 7,150 yards

The Teeth of the Dog

This world renown championship course is designed by Pete Dye and ranked 28th of top 100 golf courses in the world by Golf Magazine (September 1999). In fact, it is the only Caribbean golf course included in the ranking.

Number of Holes: 18

Length of Course: Men 6,888, 6,057, 5,571/ women 5,571, 5,041 Casa de Campo, La Romana.