AGP Executive Report
Last update: 6 hours agoTobacco Smuggling Warning: A new KPMG report says heavy-handed taxes and rules across Latin America and Canada are pushing cigarette sales into black markets—cutting legal consumption while illicit inflows keep rising, with the Dominican Republic among the 11 markets studied. Visa Crackdown: The U.S. imposed visa bans on 13 people tied to an India-based firm accused of selling fentanyl-laced counterfeit prescriptions, underscoring how drug-trafficking cases are now spilling into immigration enforcement. Migration Enforcement: The Dominican Republic’s migration authority says employers hiring undocumented foreign workers face fines (15–20 minimum wages), and it reports sanctions already issued to 112 companies. Investment Momentum: The central bank reports Q1 2026 FDI around US$1.54B (+6.4%) and remittances of US$4.08B in Jan–Apr (+4.1%), while free zones manufacturing continues to drive growth. Tourism & Infrastructure: The DR is modernizing land and tourism-adjacent systems—plus a temporary Camú River detour is restoring the Santiago–Puerto Plata corridor as a new bridge advances.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.