AGP Executive Report
Last update: 9 hours agoCybersecurity & Rail Modernization: DNV was selected to deliver specialized cybersecurity services for Santiago’s under-construction monorail, covering safety-critical systems like signaling, train control, rolling stock, and power supply, with support for FITRAM and engineering partner EQP to manage cyber risk and align with national and international standards. Remittances & Macro Signals: The Central Bank reports DR remittances hit US$5.1701B in the first five months of 2026, up 5.4% year-on-year, with May alone reaching US$1.0902B; the U.S. accounted for 82.3% of formal flows. Energy Transition: Solar remains the fastest-growing renewable in the DR, adding 100 MW of installed capacity between 2025 and June 2026, while the government pushes renewables to reduce exposure to oil and gas price swings. Sargassum-to-Industry: Intec researchers extracted alginate from Sargassum for use across food, cosmetics, agriculture, pharma, and biomaterials, turning a coastal problem into industrial input. Digital Resilience: The DR launched a Cyber Cluster Dominican Republic, a public-private initiative to strengthen cybersecurity, talent, and collaboration with major tech firms and support from CNCS and LAC4. Fuel Costs: MICM set weekly fuel increases of RD$3–RD$6 per gallon for gasoline and diesel, while LPG and natural gas prices stayed unchanged. Tourism & Cruise Momentum: Tourism Minister David Collado announced 15 additional cruise ships for June and July, including more calls at Cabo Rojo in Pedernales to spread benefits beyond traditional hubs.
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.