AGP Executive Report
Last update: 6 hours agoPhilippines Inflation Watch: Economists expect August inflation to ease but stay above the BSP target, with monsoon damage lifting food prices even as transport costs cool. IFC Data-Center Push: The World Bank’s IFC approved up to $170m for YCO Cloud’s Philippine data center expansion, backing a multi-site build aimed at rising capacity demand. Market Setup: After the PSEi’s steepest weekly drop, analysts see a possible short-term technical bounce, but warn the medium-term outlook remains bearish amid peso weakness and inflation risk. US-China Trade Imbalance: Treasury Secretary Scott Bessent urged G20 partners to revisit trade terms with China to curb its huge surplus and shift incentives toward more domestic consumption. Climate Shock to Luxury Wine: France’s Champagne harvest has moved up nearly a month due to extreme heat, raising quality concerns and testing producers’ ability to blend past vintages. Investor Legal Deadlines: Rosen Law Firm issued multiple class-action reminders tied to alleged securities misstatements, including FLOW crypto, Hertz, Putnam, Wix, and others. Fiji-Australia Business Reset: Fiji and Australia flagged investment and digital growth priorities, including cloud, AI, cybersecurity, and faster approvals.
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