Trade continues slow; ONEC expected dynamism

posted on: Dec 8 2011 7:8 by RDugey. Viewed 14 times.

The national organization of commercial companies (ONEC) notes slow sales this month, so it is waiting for starting this weekend to begin to boost the economy with the Paschal royalty payment or salary 13.

Central Government will only pay today RD$ 8,000 billion in salaries 13.

"We hope that this make more dynamic the economy, because we have had a year quite strong, especially compared to a very bad one that was the last," said the Chairman of the ONEC, who stated that so far this year trade has registered significant growth with new openings, but sales remain equal or below those recorded in 2010.

"Number of shops operating trade has grown, if you look you can notice that they have created new shopping malls and other establishments both here and in the provinces." But sales have not been u000agrowth this year. "We have seen a stagnation of sales in a general sense," said Ramos after mean that an indicator of this situation has been generated in the sector falling construction.

In the field of cost cited the increase in wages, the electrical problem and increase of inputs, which has been reducing the margins to the business, as well as competition, "and operationally should be managed with tweezers to see how to ensure these margins".

Unfair
Ramos also identified as the three major problems that is dealing with the commercial sector organized the unfair competition that is registering the country with the increasing cross-border exchanges (Webcast); linen bales and the paqueterías Express.

Argues that the express parcel is causing people to have access to foreign trade and not to the local, which considered a privilege because they do not pay local taxes. The President of u000athe ONEC spoke to reporters at a meeting lunch made yesterday in the restaurant Fellini, on the grounds of the Christmas.

More squares it should to that VAN TRAS clients
The President of the ONEC ensures that trade has grown, but this is due to that the merchant is going behind the clients. He argued that in the line of supermarkets trade is growing and the sector which has been most affected is the textile industry, which is more informal and at each corner there is a sale of clothes.

Noted that in the textile area tax evasion issues are more sensitive to not pay taxes nor the DGII, informal sales and customs. The ONEC brings together 62 members in all areas ranging from hardware, supermarket, employing 39,000 people and are taxed RD$ 1,600 million in taxes, in 2010.

"Trade is facing three major problems and they are all tax evasion within the sector, tax exemption and the bad" u000a"implementation of the Decree 42-05, which exempts from US$ 200 everything that comes by express parcel", said.