AGP Executive Report
Last update: an hour agoPeso Slide and Inflation Worries: The Philippine peso hit fresh record lows, slipping to about ₱62.40–₱62.58 per $1 as oil prices rose on Middle East tensions and the stronger US dollar kept pressure on the currency. Floods and Toll Refund Calls: Sen. Joel Villanueva urged NLEx to waive or refund tolls for motorists stranded during NLEX flooding, saying they paid for service but got stuck in the disaster. Budget and Governance Scrutiny: A budget watchdog warned that House lawmakers’ “courtesy” move to end debate on the OP’s 2027 budget may weaken checks and balances, with concerns over confidential and intelligence funds. Defense Modernization Push: House officials pressed for adequate, timely funding for AFP modernization, flagging gaps and loan-limit issues that could delay key acquisitions. Tourism Visa Move: DOT wants to expand the 14-day visa-free scheme for Chinese tourists beyond main airports to secondary gateways to boost arrivals. Business Watch: Jollibee is considering a Hong Kong listing for its international unit as it separates overseas operations; SM Supermalls is optimistic for a stronger Christmas season; and the PSEi rebounded above 6,000 on bargain hunting after better manufacturing data. Local Economy Spotlight: PSA data highlighted Occidental Mindoro as the fastest-growing province in 2025, showing growth outside traditional economic hubs.
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.
Perspectify News
![[OPINION] Philippines’ peculiar health policy: Waiting until kidneys fail](https://2c717466dc25cd7041c9-8eeda6a8ca964cf210ed223dbc947813.ssl.cf2.rackcdn.com/28066221-938949657-TL-CHRONIC-KIDNEY-DISEASE-SEP-1-2026-200x113.jpeg)
![[In This Economy] Handa ka na ba sa ‘super El Niño’?](https://2c717466dc25cd7041c9-8eeda6a8ca964cf210ed223dbc947813.ssl.cf2.rackcdn.com/28063679-938908508-SUPER-EL-NINO-SEP-1-2026-200x113.jpeg)
