AGP Executive Report
Last update: 12 hours agoAnti-Corruption Crackdown: A Dominican court ordered the forfeiture of 422 assets tied to the Coral and Coral 5G cases, including 114 vehicles, 159 properties, firearms, luxury watches, and millions in cash, transferring them to the state. Money Laundering Sentences: Three former high-ranking military officials received 20-year prison terms for their role in a money laundering network, with additional officers and a bank employee also sentenced. B2B Payments Push: Banco Popular, AZUL and Mastercard gathered 350+ corporate and SME clients to spotlight digitization and AI-driven tools for managing B2B payments and cash flow. Tech Modernization: SoftwareOne expanded its Google Cloud alliance in the DR to help firms adopt AI, data analytics, automation, and modern infrastructure. Aviation Upgrade: IDAC certified a new Punta Cana MRO center (Airbus A320 and Boeing 737, with capacity for widebodies), positioning the country as a regional maintenance hub. Trade & Jobs Impact: DP World’s Caucedo operations are linked to nearly 5,000 jobs nationwide in 2024, with spillovers across transport, warehousing, manufacturing, customs and services. Legal Reform Agenda: The government sent a bill to align the effective dates of laws between the National District and Santo Domingo province and recognize official electronic publication. Public Sector AI Training: MAP announced 2,000 GenAI scholarships for public servants, supported by the IDB, focused on ethical and safe use in government. Regional Cooperation: The DR hosted CECC/SICA culture ministers and launched the Santiago Health Tourism Alliance, aiming to strengthen creative industries and grow medical tourism. Business-Climate Context: A UNDP report launched in the DR warns that crime, climate shocks, misinformation and debt are pressuring democracy across Latin America and the Caribbean.
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