AGP Executive Report
Last update: 12 hours agoMinimum Wage Watch (Philippines): President Marcos said wage boards outside Metro Manila may take until September or October to decide on minimum wage increases, after the Metro Manila P85 daily hike (P695→P780) was set in two tranches starting July 19. Consumer Prices & Energy (US): The New York Fed found Americans’ near-term inflation expectations rose in June, with gasoline worries easing but energy-driven price pressure still lingering. Food & Pet Safety (US): Texas confirmed New World screwworm, triggering livestock quarantine and pet-owner warnings to check for wounds; the USDA is tracking cases and the FDA authorized emergency treatment tablets. Trade & Tariffs (South Korea/US): South Korean goods face potential fresh US tariffs of 10% to 12.5% after the global 10% duty expires July 24. Energy Markets (IEA): The IEA forecasts global natural gas demand will fall 0.5% in 2026 as LNG disruptions keep prices high. Logistics & Retail Demand (Global): J&T Express reported record Q2 parcel volume, topping 100 million average daily parcels as Southeast Asia growth accelerates. Digital Finance (Robinhood): Robinhood Chain launched its Ethereum-compatible Layer 2 with tokenized stocks and DeFi integrations, aiming to bridge Wall Street access with crypto.
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.