AGP Executive Report
Last update: 10 minutes agoElectricity Costs Spike in the Philippines: MORE Electric and Power says Visayas power shortages and higher Wholesale Electricity Spot Market prices will push June bills up, with residential rates rising to P13.91/kWh. Power Reliability Watch: The National Grid Corp. warns Visayas remains on yellow alert as available capacity barely covers peak demand, raising brownout risk. Retail Sales Hold Up: US retail sales rose 0.9% in May, helped by tax refunds and broad-based gains, though electronics and department stores slipped. China Consumption Support: Beijing is adding 62.5 billion yuan in consumer trade-in subsidies as retail sales contract for the first time since 2023. Policy for Small Firms: Albania’s draft law links property taxes to market values, while Canada’s defence procurement push highlights barriers for SMEs. Green Economy Milestone: LSEG reports the global green economy hit $10tn in 2025, with EVs and batteries driving growth. Convenience Retail Shift: C-stores are leaning harder into foodservice and beverages, with execution and consistency becoming the battleground.
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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