AGP Executive Report
Last update: 11 hours agoPhilippines Growth & Rates: The Philippines posted the weakest post-pandemic GDP growth in 16 years (Q2: 2.3%), raising pressure on the BSP to slow or pause further rate hikes as inflation cools but stays above target. Business Red Tape: A DEPDev review says many firms still struggle with registration and exit despite the Ease of Doing Business law, citing uneven eBOSS rollout, weak data sharing, and no standard exit process. Semiconductors Push: Economic planners say the US-led Pax Silica initiative could help the Philippines catch up in advanced semiconductor and electronics exports, now a bright spot as exports outpace imports. Qatar Digital Economy: Qatar’s MCIT graduated 10 tech companies and launched a new Scale Now cohort, betting on industrial, health, agri, e-commerce and logistics innovation to deepen its regional innovation hub. Ghana Gold Market Reform: GoldBod says it cut the gold discount by 10%+ and is refining 7.1 tonnes locally while profiling licensed buyers to improve traceability and keep more value in Ghana. US Jobs & Iran Pressure: A weaker US jobs report (23,000 jobs lost) fuels debate over economic strain, while Trump signals “semi-negotiating” with Iran under continued naval and economic pressure. Uzbekistan Overheating Watch: Uzbekistan’s central bank warns growth is above potential, urging restraint on spending and keeping rates relatively high. Singapore Investing Trend: Retail STI ETF assets in Singapore have surged fivefold to $4.2b, showing growing systematic investing. Crypto Shakeout: Industry commentary points to consolidation across crypto, with many projects folding as funding tightens.
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.