AGP Executive Report
Last update: 2 hours agoLabor Enforcement: The government ordered 24 Chinese-owned businesses to close after inspections found 1,016 labor violations, including safety hazards and illegal dismissals. Tourism Investment: Accor has 23 Dominican hotel projects in its pipeline, representing nearly 6,000 rooms and up to 9,000 direct jobs. Air Connectivity: Arajet says flights to Trinidad and Tobago are unlikely before 2028, as it awaits new aircraft. Pension Reform: A bill would gradually cut the maximum pension-fund administrator fee from 0.90% to 0.40% by 2036 and seek higher pensions. Agriculture: Dominican rice costs RD$2–4 more per kilo to produce than U.S. rice, sharpening concerns over competition as DR-CAFTA tariffs phase out. Economic Outlook: The IMF projects 4.6% growth in 2026; meanwhile, the government is freezing electricity rates and increasing subsidies to shield households.
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