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AGP Executive Report

Last update: 7 hours ago

Energy & Inflation Watch: ECLAC warns oil prices will average higher in 2026 than 2025, with Central America and the Dominican Republic facing pressure on trade balances and inflation if oil stays about 25% above last year. Tourism & Heritage Revitalization: Santo Domingo’s Tourism Ministry inaugurated the restored Alcázar de Colón Museum (over RD$100M) and launched an RD$86M public lighting upgrade for the Colonial City to boost safety, energy efficiency, and visitor experience. Energy Sector Planning: Energy Minister Joel Santos outlined a long-term strategy to meet rising electricity demand through generation expansion, grid modernization, rural electrification, and stronger public-private coordination. Agribusiness & Border Development: ITESIL and the Dominican Agrarian Institute launched an agro-industrial project to turn 900+ tareas in Montecristi into a research, innovation, production, and training hub across the value chain. Remittances: The BCRD reports remittances reached US$6,219.3M in the first half of 2026 (+6.7% y/y), driven mainly by the U.S. diaspora. Sargassum Threat to Tourism: Record sargassum levels are hitting Punta Cana and the wider coast, affecting beach access, cleanup costs, fishing, and marine ecosystems. Trade & Security: U.S. CBP seized US$1.5M in cocaine in an air cargo shipment declared as “Music Equipment,” originating in Santo Domingo. Financial Innovation: Banco Popular says its Gnial cards are now made with plastic recovered from the Dominican coast via Parley for the Oceans, tying card use to ocean conservation funding.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 9, 2026

Construction chemicals market seen hitting $88.1 billion by 2032

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Jul. 1, 2026

Nationwide Financial Firm unveils bilingual life insurance training system

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Jul. 1, 2026

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Jun. 30, 2026

ÀNI Private Resorts to open flagship Shoal Bay retreat in January 2027

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Energy Minister outlines Dominican Republic’s long-term energy strategy to meet rising electricity demand

Energy Minister outlines Dominican Republic’s long-term energy strategy to meet rising electricity demand

Fulflex Acquires 300,000-Square-Foot, Fully Automated Medical Products Manufacturing Facility in Texas

Fulflex Acquires 300,000-Square-Foot, Fully Automated Medical Products Manufacturing Facility in Texas

Business News | Garware Fulflex Completes Acquisition of 300,000-Square-Foot Fully Automated Medical Products Manufacturing Facility in The United States

Business News | Garware Fulflex Completes Acquisition of 300,000-Square-Foot Fully Automated Medical Products Manufacturing Facility in The United States


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Jun. 19, 2026

CORRECTION - CCC Signs MoU to Expand Canadian Defence Trade with the Dominican Republic

GlobeNewswire, Inc.

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Jun. 17, 2026

FL Technics Certified by IDAC to Start Aircraft Maintenance in Dominican Republic

EIN Presswire

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Jun. 17, 2026

FL Technics Receives FAA Certification for Operations in the Dominican Republic

EIN Presswire

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Jun. 15, 2026

CCC Signs MoU to Expand Canadian Defence Trade with the Dominican Republic

GlobeNewswire, Inc.

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Jun. 11, 2026

VVT Med Expands into the Dominican Republic, Appointing Antilles Medical as Exclusive Distributor

GlobeNewswire, Inc.

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Jun. 8, 2026

Two Crew Members Get Killed in Private Jet Crash in Dominican Republic

MENAFN

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