AGP Executive Report
Last update: 12 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.
Perspectify News
