AGP Executive Report
Last update: 6 hours agoPermits Crackdown: Bacolod shut 19 businesses and served closure orders on 50 more for operating without required permits, aiming to protect compliant entrepreneurs from unfair competition. Local Enforcement: Mandaue City also ordered six businesses closed over permit gaps and zoning violations, including a warehouse inside a subdivision. Diesel Subsidy Fix: Malaysia will give small firms and local contractors a monthly 300-liter diesel quota via fleet cards to cut operating costs after targeted subsidy changes began July 1. Trade Expansion: New Zealand-led FIT Partnership added South Korea, Peru and Thailand, bringing membership to 19 and pushing practical steps to cut non-tariff barriers and advance digital trade. Energy Storage Shift: Cebu’s power sector is moving from coal toward battery energy storage, with Aboitiz breaking ground on a 60MW standalone BESS project. AI Hiring Scrutiny: A report says more employers are using AI to scan applicants’ online activity, raising fresh privacy and anti-bias concerns. Business Climate & Housing: Massachusetts housing secretary urged business leaders to keep pushing pro-housing policies as zoning and budget tweaks begin to take effect. Heat Costs: Italy’s business group warns extreme heat could shave 0.2%–0.4% off GDP annually, hitting productivity and spending.
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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