AGP Executive Report
Last update: 9 hours agoFuel & Cost Pressures: The Dominican government raised weekly fuel prices by RD$3.00–RD$6.00 (premium/regular gasoline and diesel), while also signaling a possible three-month freeze if oil stays under US$95 per barrel—moves that directly shape transport and production costs. Tax Reform for SMEs: CODESSD backed the fiscal reform direction, praising simplification and anti-evasion steps, while warning informality still limits tax collection and social coverage; the proposal also targets micro-enterprises by eliminating the ISR advance payment and cutting advance filings from 12 to 3. Tourism & Hospitality Growth: Tourism Minister David Collado announced 15 additional cruise ships for June and July, including more calls to Cabo Rojo in Pedernales; separately, Larimar City & Resort signed with TK Elevator and JCQ Ingeniería for vertical mobility in residential, hotel, and commercial plans. Cyber & Digital Resilience: The DR launched the Cyber Cluster Dominican Republic, a public-private push to strengthen cybersecurity talent and coordination with major tech firms and support from CNCS and LAC4. Agri-Food & Exports: A spotlight on Dominican mangoes highlights export growth driven by phytosanitary compliance and logistics, while a separate report notes Egypt opened 21 new markets including the Dominican Republic—underscoring regional food trade momentum. Industry & Services: CallTek expanded hospitality tech support via a partnership with GAIN Advisors, and SinglePoint Group boosted nearshore operations in Trinidad and Tobago after relocating from the Dominican Republic. Environment & Logistics: Ocean Cleanup’s solar-powered river-to-sea interceptor concept targets plastic capture in polluted cities, adding pressure on ports and supply chains to reduce waste and improve handling.
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.