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AGP Executive Report

Last update: 7 hours ago

Banking & Policy: The Association of Commercial Banks of the Dominican Republic backed President Abinader’s appointment of Víctor Cedeño Brea as Superintendent of Banks, saying it will keep regulatory reforms moving. Central Banking & FX: The Central Bank set the dollar at RD$56.97 (buy) and RD$59.63 (sell), while the euro was RD$66.01 (buy) and RD$70.29 (sell), with the local currency showing longer-term appreciation. Investment Outlook: JPMorgan signaled interest in expanding in the DR after talks with the Central Bank, pointing to renewed growth and strong FDI momentum. Telecom Competition: President Abinader said Viettel will bring competition to the DR telecom market, and Viettel’s Qualcomm partnership targets Open RAN 5G commercialization. Tourism & Real Estate: Punta Bergantín in Puerto Plata generated nearly US$30M in sales in one weekend, with Meliá and Hyatt expected to add 1,000+ hotel rooms. Cruise Activity: Celebrity Beyond arrived in Puerto Plata with 3,224 passengers as September cruise calls ramp up. Regional Trade Link: AMCHAMDR praised U.S. approval to extend Haiti’s HOPE/HELP programs, highlighting the DR’s role in the garment supply chain. Security Watch (Haiti): Two South Korean workers kidnapped in Haiti were released after about a month, with the embassy in the DR coordinating with Haitian authorities. Visa Rules Question: A reader flagged confusion over 2026 Residence Visa RS criteria, noting conflicting guidance between the UK consulate and Santo Domingo processing.

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

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8 hours ago

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The Dominican Republic’s Casas del XVI Just Became an IHG Vignette Collection Hotel With 8 Historic Houses, 21 Rooms and a Michelin Key

The Dominican Republic’s Casas del XVI Just Became an IHG Vignette Collection Hotel With 8 Historic Houses, 21 Rooms and a Michelin Key


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3 hours ago

Philadelphia CBP officers, K9 Nitro seize $19k in unreported currency from couple traveling to the Dominican Republic

U.S. Customs and Border Protection

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8 hours ago

Certified Aviation Services Welcomes Back Zachary Bagdasarian as Vice President of Line Maintenance

EIN Presswire

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Aug. 27, 2026

GWPO and partners launch Inaugural Global Ambassadors’ Forum for Water and Economic Diplomacy at World Water Week 2026 

Global Water Partnership Organisation

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Aug. 26, 2026

Celebriffy Technologies Launches Todoventasmx.com: An AI-Powered, Ultra-Secure Market Platform Revolutionizing P2P Sales

EIN Presswire

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Aug. 21, 2026

Financial Services Entrepreneur Digna Deleon-Morris Introduces 90-Day Agency Game Plan

EIN Presswire

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16 hours ago

NCDOT improves traffic operations with ClearGuide® Dash Cam Imagery informed by Vizzion

GlobeNewswire, Inc.

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