AGP Executive Report

Last update: 3 hours ago

Tourism Momentum: The Dominican Republic welcomed 5.64M visitors in the first five months of 2026 (+8%), with 4.15M arriving by air (+10.8%), as the sector keeps riding strong U.S. and Canadian demand. Tourism Promotion: MITUR and Arajet staged a Dominican Republic push at the Miami Marlins game, while Arajet added a new direct Argentina route (Punta Cana–Rosario) and Argentina is now the DR’s third-largest source market. Regional Trade Leadership: The DR will chair the Caribbean Trade Development Committee for 2026–2027, boosting its role in Greater Caribbean economic integration. Currency Watch: Central Bank reference rates for June 23 show the peso steadying, with the dollar at RD$57.05 buy / RD$59.07 sell and the euro at RD$66.11 / RD$70.56. Travel Fees Dispute: A new departure-tax increase has reignited debate over why the tourist card fee still gets automatically charged to Dominicans, despite court rulings—refunds require DGII requests. Public Services: The JCE removed birth-month restrictions for weekend/holiday ID renewals, aiming to cut bureaucratic delays. Finance & Banking: Banreservas won four World Finance awards, including Best Banking Group in the DR. Regional Development Funding: CAF pledged US$10B by 2031 to strengthen Latin America and Caribbean integration across trade, logistics, energy, food security, and tourism. Security/Trade Disruption: Caribbean shipping operators are reassessing routes and insurance amid heightened risk after the Venezuela crisis. Health Policy: The PGR launched a National Internship Program for law, psychology, and technology students. Infrastructure & Safety: A prolonged blackout hit Vista Bella III in Santo Domingo Norte, with residents reporting no effective response. Disaster Alert: A deadly hotel fire in Bayahibe forced evacuation of nearly 1,700 tourists and left at least one person dead.

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

fallback image
Jun. 17, 2026

FL Technics wins FAA approval for Punta Cana MRO base

AGP

fallback image
Jun. 9, 2026

Construction chemicals market seen hitting $88.1 billion by 2032

AGP

fallback image
Jun. 22, 2026

Caribbean shippers face higher risk and insurance costs after Venezuela strike

AGP

fallback image
Jun. 22, 2026

Café el Cibaeño to give 5% of sales to help children with serious diseases

AGP


Perspectify logo Perspectify News

Learn about labels.

Labels
Left-wing Center-left Neutral Public Broadcaster Gov't Institution Center-right Right-wing Pro-Government Gov't Propaganda Indeterminate
filter

Filter

Source Label Filters

All labels are selected. Deselect any labels you want to hide from your feed.

Labels:

Left-wing
Center-left
Neutral
Public Broadcaster
Gov't Institution
Center-right
Right-wing
Pro-Government
Gov't Propaganda
Indeterminate
Massachusetts family loses four members in Dominican Republic fire

Massachusetts family loses four members in Dominican Republic fire

Waukesha Plan Commission to hold public hearings on fast-pitch facility, at-home cigar business

Waukesha Plan Commission to hold public hearings on fast-pitch facility, at-home cigar business


fallback image
Jun. 22, 2026

Caribbean Shipping Operators Respond to Heightened Risk Across Inter-Island Trade Routes

EIN Presswire

fallback image
Jun. 19, 2026

CORRECTION - CCC Signs MoU to Expand Canadian Defence Trade with the Dominican Republic

GlobeNewswire, Inc.

fallback image
Jun. 17, 2026

FL Technics Receives FAA Certification for Operations in the Dominican Republic

EIN Presswire

fallback image
Jun. 17, 2026

FL Technics Certified by IDAC to Start Aircraft Maintenance in Dominican Republic

EIN Presswire

fallback image
Jun. 15, 2026

CCC Signs MoU to Expand Canadian Defence Trade with the Dominican Republic

GlobeNewswire, Inc.

fallback image
Jun. 11, 2026

VVT Med Expands into the Dominican Republic, Appointing Antilles Medical as Exclusive Distributor

GlobeNewswire, Inc.

More press releases

Video Stories

YouTube video thumbnail: US-Backed Political Newcomer Wins Colombia Election, Marking Country's Right-Wing Shift
Play
US-Backed Political Newcomer Wins Colombia Election, Marking Country's Right-Wing Shift
YouTube video thumbnail: As Cuba's Power Crisis Deepens, Havana's Residents Speak out
Play
As Cuba's Power Crisis Deepens, Havana's Residents Speak out
Affinity Group Publishing Logo Showcase
Discover Affinity Group Publishing
YouTube video thumbnail: Taco-Eating World Cup Duck Meets Mexico’s President
Play
Taco-Eating World Cup Duck Meets Mexico’s President
YouTube video thumbnail:  Supporters Cheer Colombian Candidate's Preliminary Win
Play
Supporters Cheer Colombian Candidate's Preliminary Win

Video Title

Sign up for:

Dominican Republic Business Insider

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.

globe

Explore More

Share this page:

Advanced Search Options

Search for:

Search scope:

Type:

Search in:

Date range:

The last

Sort by:

Sign up for:

Dominican Republic Business Insider

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.