AGP Executive Report
Last update: 8 hours agoPeso Under Pressure: The peso hit a record P64.17 to the dollar. President Ferdinand Marcos Jr. urged the public not to panic and vowed to defend the currency, while critics questioned the government’s response. Education and Research: A national coalition asked senators to restore cuts to special-needs, Indigenous and alternative education programs. Separately, a UP data scientist said Philippine research spending was just 0.276% of GDP in 2020, far below regional peers. Power Shortfall: The Visayas grid faced red and yellow alerts, with available supply below projected demand. Consumer advocates called for penalties against power firms over outages. West Philippine Sea: Chinese naval, coast guard and research vessels were monitored near Panatag Shoal as the government delivered fuel aid to Filipino fishers. Drug Probe: Police enlisted the Anti-Money Laundering Council to examine finances linked to the 521-kilogram shabu shipment seized in Laos. Seafarer Training: The National Maritime Polytechnic is rolling out P261 million in upgrades to its Tacloban training complex.
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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