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AGP Executive Report

Last update: 11 hours ago

Tax Reform Push: The Dominican government’s anti-crisis fiscal plan would raise about RD$80–90 billion via new revenue measures, including a 30% corporate income tax for three years on large firms (over RD$1B in annual revenue), plus higher taxes on checks/electronic transfers and other targeted levies. Oil & Fuel Stability: Officials also plan to freeze fuel prices for three months if oil stays at or below US$95 per barrel, aiming to limit subsidy pressure on consumers. Micro-Enterprise Relief: The package would repeal the ISR advance payment for micro-enterprises (78% of ISR filers in 2025) and shift small businesses to three annual payments instead of twelve, alongside steps to eliminate outdated taxes like the mortgage tax. Business Climate & Competitiveness: CODESSD backed the reform direction but urged deeper fixes, especially tackling high informality that weakens tax collection and social coverage; AIRD also stressed that sustainability must go hand in hand with competitiveness. New Telecom Player: Viettel approved a US$560 million investment to enter the Dominican mobile market as the fourth operator, via Viettel Dominicana. Agriculture Policy: The Senate approved in first reading a bill creating the Dominican Institute of Cassava (INDOCASABE) to boost production, processing, and exports. Trade & Security: The U.S. Coast Guard plans tightened entry rules for ships departing Haiti, a move that could affect regional shipping flows.

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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Construction chemicals market seen hitting $88.1 billion by 2032

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

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TTW ranks the top 15 coolcation destinations in the Americas and Caribbean for 2026

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Why Caribbean and Latin American Hotel and Commercial Property Owners Should Be Refinancing Now

Why Caribbean and Latin American Hotel and Commercial Property Owners Should Be Refinancing Now

Geography, Economics, Institutions: Reassessing the Western Hemisphere

Geography, Economics, Institutions: Reassessing the Western Hemisphere


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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

Dinant Says Climate Action Is Good for Business

EIN Presswire

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May 28, 2026

DP World Earns Top 5 Workplace Ranking in the Dominican Republic

GlobeNewswire, Inc.

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