AGP Executive Report

Last update: 9 hours ago

Tourism & Local Development: Tourism Minister David Collado said the government is pouring RD$135 million into a new recreational park in Bajos de Haina, built on state land valued above RD$600 million, with major private support from EGE Haina Group and reforestation actions by the Environment Ministry. Energy Regulation: Environmentalist Enrique De León renewed criticism of the “sun tax,” saying the 25% charge on residential solar power fed into the grid still hasn’t been removed despite earlier commitments, warning it could slow rooftop solar investment. Industry Policy: AIRD urged Senate review of the Anti-Crisis Plan, saying there’s room to adjust public spending and called out the elimination of ITBIS on asphalt and AC-30 as creating unfair treatment that favors imports over local production. Construction & Compliance: MIVHED set a one-year transition (until April 10, 2027) for progressive implementation of the new Dominican Construction Code, with “grandfathering” for projects already submitted. Renewables Outlook: SENI data shows solar is driving renewable growth, with installed solar capacity up 100 MW between 2025 and June 2026 and solar now a key part of the clean-energy push. Cybersecurity for Rail: DNV won a cybersecurity services contract for Santiago’s monorail, supporting FITRAM with proactive cyber risk management for safety-critical signaling, train control, power supply and digital systems. Finance & Trade: Banco Popular secured up to US$50 million from Spain’s ICO to fund projects tied to tourism, energy, construction, real estate and hospitality, including sustainability and digital transformation. Defense Procurement: CCC signed an MoU with the Dominican Ministry of Defence to create a government-to-government procurement pathway for Canadian defense goods and services. Cruise Sector: Puerto Plata was selected to host the PAMAC Cruise Summit 2026 (June 22–26), expected to boost hotel occupancy and spending across transport, retail and tourism services. Tech & Payments: Paradigm led a US$9 million Series A for El Dorado, expanding stablecoin cross-border payments across 12 Latin American countries, including business payments for corporate clients. Remittances: The Central Bank reported remittances of US$5.1701B in the first five months of 2026 (+5.4% y/y), with the U.S. accounting for 82.3% of formal flows in May.

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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Forensic report blames long-term structural degradation for Jet Set collapse

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Jun. 11, 2026

Children's anthem and World Cup giveaway launch in New Jersey

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Jun. 7, 2026

Tabuga and CENIA launch AI education series on Dominican TV

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Karpowership on floating LNG as a bridge for Vietnam's energy needs

Karpowership on floating LNG as a bridge for Vietnam's energy needs


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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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Jun. 8, 2026

Pilot, Copilot Killed as Private Jet Crashes in Dominican Republic

MENAFN

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Jun. 9, 2026

Construction Chemicals Market to Reach $88.1 Billion by 2032, Driven by Expanding Global Construction Activities

EIN Presswire

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Jun. 5, 2026

Empire State Development Announces Successful Trade Mission to The Dominican Republic And Jamaica

New York State Empire State Development

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