AGP Executive Report
Last update: 5 hours agoSenate Leadership Shake-Up: Alan Peter Cayetano took over as Senate president, with an orderly transition after Sen. Tito Sotto yielded the post. Marcos on Refugees: President Ferdinand Marcos Jr. urged Filipinos to help refugees and stateless persons rebuild, calling it a duty of a “just and civilized society.” Impeachment Focus: The House prosecution team said it wants to lead with the VP Sara Duterte “assassination plot” article in the upcoming Senate trial, while noting the order may change. School Safety Crisis: A rare Tacloban school shooting killed three teens and wounded others, reigniting debate on gun access and the minimum age of criminal liability. Digital Payments Push: BSP reported InstaPay and PESONet transactions hit P13.1T in May, with volumes surging as cashless use expands. Banking Outlook: Moody’s cut the outlook on Philippine banks to “negative,” warning of tougher operating conditions and rising asset-quality risks. Power & Energy Moves: PLDT filed for a data center REIT IPO (up to P24.2B), while the US transferred four Ocean Aero Triton drones to boost AFP maritime monitoring. Local Business & Housing: Robinsons Land opened work.able Iloilo, and Century Properties raised P3B via private placement to fund its pipeline. Food & Climate Risk: Marcos said El Niño preparations are ramping up to protect food, water, and energy supplies.
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