AGP Executive Report
Last update: 7 hours agoPower & Energy: Meralco expects electricity sales to grow 2%–2.5% in 2026, but rooftop solar and conservation are trimming demand. The DOE is also facing fresh criticism as Visayas power alerts worsen, with calls for clearer, faster fixes. Fuel Prices: Oil firms are set for another rollback starting Aug. 11–17, with gasoline down by up to P4.88/liter. Economy & Markets: The Philippines’ Q2 GDP growth slowed to 2.3%, and economists warn the second half will be tough without faster infrastructure spending and better budget execution; stocks stay cautious as investors weigh US data, MSCI reshuffles, and geopolitical risks. Public Finance & Governance: Marcos wants Senate and House leaders to pause implementation of RA 12001 on real property valuation to ease burdens on owners and businesses; the government is also moving to abolish 21 GOCCs to free funds. Local Business Climate: Despite ease-of-doing-business reforms, a DEPDev study says red tape still hits registrations and closures due to fragmented systems and weak data sharing. Quezon City/Metro Manila angle: A Pasig RTC TRO has delayed the NCR P85 wage hike, sparking labor groups’ push to lift it. Regional/Trade: The UK is consulting on deeper trade ties ahead of possible CPTPP accession talks for the Philippines. Asean: Marcos marks ASEAN’s 59th anniversary calling for stronger regional cooperation on conflicts, climate, uncertainty, and AI.
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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