AGP Executive Report
Last update: 11 hours agoPhilippines Growth Watch: Malacañang said the economy’s 2.3% Q2 expansion is “only temporary,” blaming Middle East-driven pressure on inflation, fuel, jobs and remittances, while pointing to faster public spending to lift momentum in H2. Aerospace Demand: Airbus booked 204 aircraft orders in July (up from June), but deliveries fell 25% to 67—another sign of uneven supply-demand dynamics. China Trade Momentum: China’s July trade stayed strong: exports rose ~24% and imports ~27.5% year-on-year, with the surplus narrowing as high-tech shipments and vehicles kept driving gains. M&A and Media: The Paramount–Warner Bros. Discovery mega-merger fight is intensifying, with regulators and state attorneys-general drawn in over control of major media assets. Insurance Deal: Hanwha Life, Heungkuk Life and Korea Investment Holdings submitted bids for KDB Life in the seventh sale attempt, spotlighting consolidation pressure in Korea’s life insurance market. Digital Gold Regulation (India): India is moving toward a formal framework for digital gold next year, aiming for physical gold backing, clearer disclosures and stronger consumer protection. Small-Business Tax Relief (UAE): The UAE extended Small Business Relief eligibility through tax periods ending by Dec. 31, 2029. Inflation (Pakistan): Weekly inflation rose 0.28% and annual inflation hit 9.29%, with food items like onions and chicken driving the latest uptick.
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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