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AGP Executive Report

Last update: 13 minutes ago

Energy Bills & Reliability: Iloilo businesses warn that recurring Visayas Grid outages and higher electricity rates are squeezing operations and jobs, as commercial power costs climbed from P13.04/kWh (June) to P13.58/kWh (August). Household Cost Relief: Malaysia’s PM says about 80% of domestic users under 600 kWh/month stay protected from recent electricity bill hikes, while mitigation is being reviewed with energy and finance agencies. Consumer Price Pressure: UK inflation hit 3.1% (Aug), with transport—especially fuel—driving the rise; meanwhile an IGD forecast warns food inflation could nearly double by 2027. Payments & Merchant Fees: India’s UPI MDR rules clarify that customers won’t pay charges for UPI payments, shifting focus to merchant payment costs. Retail & Food Supply: India’s onion wholesale prices fell 9% in 9 days, with retail rates expected to ease after government sales at ₹35/kg. Brand/Business Moves: Starbucks is considering selling a majority stake in its Japan business (valued around $3B). AI in Consumer Finance: Experian finds 54% of consumers are comfortable with AI agents applying for credit, signaling a bigger role for AI in lending journeys. Retail/Customer Experience: BT says 95%+ of landline users switched to Digital Voice as it expands trials ahead of PSTN shutdown. Sourcing & Sustainability: Lidl GB launches a Kenyan living-income tea, adding payments to help close the earnings gap for farmers. Small Business Survival: A guide from Printify highlights starting a home-based candle brand for as little as ~$50 using print-on-demand.

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.

AGP Wire

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2 hours ago

Hurong expands wheel manufacturing lineup with forged, cast and spoke products

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Access Receivables Management wins three Baltimore Business Journal honors

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Industry backs regenerative farming but demands clearer evidence

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