AGP Executive Report
Last update: 17 minutes agoElectricity Prices: MORE Power in Iloilo City raised rates by P2.04 per kWh for all customer classes, lifting average residential power to P13.91 per kWh, as higher pass-through charges squeeze bills. Markets: Egypt’s EGX stocks ended higher, with the EGX30 edging up to a record close and domestic buyers adding about EGP 35bn to market value. Business Software: Xero is integrating with Microsoft 365, pushing live financial data and AI-driven insights into tools like Excel, Word and PowerPoint. Consumer Sentiment: US confidence ticked up in June as gas prices fell, but the outlook remains weak versus a year ago. Crypto: Bitcoin’s rebound from April faded in Q2 as ETF flows turned negative and capital rotated toward AI stocks. Retail & Supply: Apple reportedly cut iPhone 17 production plans by about 15% as demand cools ahead of the next iPhone cycle. Local Economy: Kohler’s Woodlake Market is set to reopen July 17 after a major renovation, with a refreshed food hall and new in-store experience.
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.
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