AGP Executive Report
Last update: 12 hours agoElectricity Bills Clarity (Philippines): NGCP says President Marcos Jr.’s push to scrap “system loss” charges refers to distribution-level losses, not transmission technical losses—technical loss is unavoidable on power lines. Retail Media Push (UAE): ADNOC Distribution launches Engage by ADNOC, a full-funnel retail media network using first-party ADNOC Rewards data across its mobility and convenience ecosystem. Consumer Credit Warning (US): Compacom issues guidance on “guaranteed approval, no credit check” tribal loan ads, urging borrowers to verify APRs, fees and total repayment—often 200% to 600% APR. Market Pulse (Global): Markets look set for a sideways-to-choppy mood ahead of the Fed decision; South Korea’s KOSPI swings after SK Hynix results, while oil steadies on US-Iran negotiation hopes. Luxury Earnings (Europe/US): Hermès reports Q2 sales up 6.7% at constant rates, led by the Americas and Japan, with Europe also resilient. Housing Signal (Singapore): Singapore scraps a 15-month HDB resale wait-out period for private owners, aiming to ease genuine housing moves while keeping other cooling measures. Local Business Support (Singapore): Hawkers and stallholders get S$900m rental support to cushion cost pressures, with payments running Sept–Feb. Returns Economy (US): ReturnPro says it’s on track for over $500m revenue this year, handling large-scale retailer returns without outside investment.
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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