AGP Executive Report
Last update: 2 hours agoEnergy Shock Watch: Asia braces for a second wave of energy shocks as the Iran war keeps fuel and shipping costs elevated, with analysts warning the Philippines and other oil-importers could face a “new poor” as prices bite. Inflation & Policy Response: Malacañang scaled back the Uplift committee’s meetings to biweekly, saying cabinet agencies will keep working to cushion Middle East-driven price pressures. Agriculture Hit: DA XI validated about ₱117M in crop losses in Davao del Sur and Davao City from moisture stress tied to El Niño risk. Tech Glitch: Google reportedly went down for thousands in Australia and also saw similar server-error complaints in India, Malaysia, the Philippines, and Bangladesh. Banking Milestone: Tonik says it became the first standalone digital bank in the Philippines to reach sustained profitability in Q1 2026, driven by a credit-led model. Security & Justice: The ICC confirmed an arrest warrant for Sen. Ronald “Bato” dela Rosa over alleged drug-war crimes, while the PNP was ordered to fully mobilize to hunt high-profile fugitives. Local Crackdown: Cebu City may shut down a lodging inn after an alleged drug-den raid.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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