AGP Executive Report
Last update: 8 hours agoTelecom Expansion: Viettel won three spectrum bands in the Dominican Republic (700 MHz, 2,300 MHz and C-Band) for 20 years, paving the way for 4G/5G rollout after INDOTEL procedures and a concession agreement within 90 days. Energy & Inflation Pressure: The government approved RD$1.312 billion in fuel subsidies for Aug. 22–28 as regular gasoline and diesel rise RD$3 per gallon, citing higher oil prices tied to renewed U.S.-Iran tensions. Power Investment: White & Case advised banks on a US$902.3 million LNG-to-power financing for the Manzanillo project (840 MW total), a major grid and energy-security play. Migration & Border Operations: The DGM reported 250,429 irregular immigration cases processed in 2026 (186,139 deportations, 64,290 repatriations), with strengthened controls at key border points. Business Climate Outlook: ECLAC projects Dominican growth of 4% in 2026, among the strongest in Latin America and the Caribbean. Tourism Trade: The DR promoted MICE tourism at IBTM Americas 2026 in Mexico, aiming to tap a fast-growing meetings and events market. Market Watch: Central Bank reference rates showed the dollar at RD$57.17 (buy) and RD$59.71 (sell), while the euro closed at RD$65.64 (buy) and RD$69.93 (sell).
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.
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