AGP Executive Report
Last update: an hour agoASEAN Summit: Leaders arriving in Manila face pressure to turn regional cooperation into practical gains, with energy security, trade and investment high on the agenda. Digital Trade: ASEAN economies have signed a region-wide digital pact, due to take effect in early 2027 and aimed at widening opportunities for businesses and SMEs. Trade Links: Canada says negotiations on a free-trade deal with the Philippines are complete; Ottawa expects bilateral trade to triple over the next decade and says broader ASEAN talks are substantially concluded. Growth Outlook: ASEAN has raised its 2026 growth forecast to 4.7%, even as the region contends with energy and geopolitical uncertainty. Business Resilience: Microsoft says services are fully restored after a global outage disrupted companies and public services across 74 countries, underscoring reliance on digital infrastructure. Air Cargo: Korean Air is expanding online cargo bookings as demand for shipments linked to the AI and semiconductor boom outpaces capacity. Philippine Inflation: Citi expects inflation to stay above the central bank’s target through 2027, potentially keeping interest rates elevated as growth slows.
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.