AGP Executive Report
Last update: 12 hours agoTourism Supply Chain: Asonahores and AIRD signed a cooperation deal to plug Dominican-made goods and services into hotel and tourism supply chains, with matchmaking, trade missions, and a sustainability push toward circular economy practices. Agriculture Financing: Banreservas, FAO and the Ministry of Agriculture launched an RD$1.18 billion financing mechanism to modernize farming via mechanization, water management, climate adaptation, and productivity gains. Monorail Scrutiny: A transport economics consultant raised red flags over Phase I of the Santo Domingo Monorail, alleging funding certifications tied to a US$500 million loan were not properly disbursed or authorized. Border Security & Trade: The DR began building a 14.5-kilometer perimeter fence along the Haiti border in Independencia/Jimaní, including watchtowers, culverts and patrol lanes, aiming to curb smuggling and formalize trade. Rare Earths Research: The DR and EU signed a joint declaration to study rare earth elements, gallium and scandium in Pedernales’ karst bauxite deposits, emphasizing sustainability and technical capacity-building. Inflation Watch: August inflation eased to 5.13% year-on-year, with education and transport among key contributors. Remittances Policy: A Dominican economist urged a new approach to the diaspora as remittances climbed to US$11.87B in 2025 (about 25.1% of foreign-exchange earnings). Business & Travel: CONVIASA activated 19 routes from Maiquetía, boosting connectivity for business travelers. Tourism Demand Shift: Asonahores’ Juan Bancalari said tourism is moving toward higher-spending segments beyond low-cost all-inclusives.
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.