AGP Executive Report
Last update: 5 hours agoPhilippines Tax Policy: Economist Arthur Laffer says the Philippines’ repeated tobacco excise hikes have backfired, with revenues slowing and illicit cigarette trade rising. US-ASEAN Diplomacy: US Secretary of State Marco Rubio will visit Manila next week for ASEAN foreign ministers’ meetings and the ASEAN Regional Forum, aiming to deepen US-Asean cooperation. India Space Push: Skyroot Aerospace successfully launched Vikram-1, India’s first privately developed orbital rocket, into a 450 km orbit—another step for commercial launches. India Aviation & Trade: PM Modi will inaugurate Bhogapuram International Airport on Aug 1, while Piyush Goyal urged deeper India-Estonia trade and tech ties at a business forum in Tallinn. Cyber & Consumer Safety: India’s PIB Fact Check warned of fake emails tricking people into “downloading” e-PAN cards. Banking Earnings: Axis Bank, Kotak Mahindra Bank and Yes Bank reported stronger Q1 profits, helped by lower provisions and steadier asset quality. ASEAN-China Connectivity: Indonesia promotes six hub airports to boost ASEAN-China air links. Middle East Logistics: India’s MEA says the Chabahar port terminal was undamaged after US strikes. Oman-ASEAN Links: Oman joins Manila’s ASEAN TAC 50th anniversary meeting to expand trade, logistics and green hydrogen cooperation. Agribusiness Exports: J&K’s premium cherries and plums make their first Singapore shipment via APEDA. Corporate Finance: PNB mobilised $419m in FCNR(B) deposits and targets $2.5b by Sept 30, with plans for more overseas bonds.
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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