AGP Executive Report
Last update: 11 hours agoCoastal Technology: Dominican engineer Rómulo Pérez unveiled Sargazoom, an AI-guided, renewable-powered machine to collect sargassum. A full-scale version could carry eight cubic meters, but the project needs about US$1.5 million to advance. Energy Costs: President Luis Abinader said fuel prices will remain unchanged through Jan. 7, provided weekly subsidies stay below RD$1.5 billion. Retail and Food: ProConsumidor has begun Black Friday inspections targeting misleading offers and warranty violations. Retailers say chicken supplies are sufficient for Christmas, with prices at RD$75–85 per pound. Logistics: DP World ranked first in Dominican logistics for corporate reputation and ESG responsibility for a second consecutive year, and rose to 58th among the country’s 100 top-reputation companies. Manufacturing: The textile industry is urging traceability checks on school uniforms to ensure public contracts awarded for local production support Dominican factories and jobs. Mining: Barrick’s planned U.S. IPO will include its stake in Pueblo Viejo, the Dominican gold mine, with proceeds expected to go to shareholders. Film Production: Lionsgate acquired distribution rights to Wet, which is scheduled to begin filming in the Dominican Republic in 2027.
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