AGP Executive Report
Last update: 5 hours agoEducation & Jobs: The PH and Australia launched the P1.6-B EQUIP program to make senior high grads more job-ready, with DepEd and Tesda leading a five-year push that could reach AUD60M through 2033. Impeachment & Finance: Malacañang said the Senate impeachment court can subpoena VP Sara Duterte’s tax and bank records, while House prosecutors framed the ruling as a key step for the unexplained wealth case. Labor Costs: Palace and DOLE reiterated the P85 NCR wage hike will proceed as scheduled, despite calls to pause it. Trade & Customs: The BOC seized P23M in misdeclared frozen agri/food shipments, while separate reports flagged alleged police car scams in Cebu and wrongful arrest claims in Bulacan. Markets & Money: The PSE snapped a four-day rally as the peso neared record lows; BSP also signaled it may adjust rules after Landbank waives fees for online gov’t payments. Digital Payments Security: SwiftPay launched SwiftGuard to help lenders meet stricter anti-fraud monitoring requirements. Public Spending Controls: Visa and Landbank rolled out an upgraded Government Purchase Card push to onboard up to 2,000 agencies. Energy & Consumer Pressure: Consumer groups warned they may sue DOE/ERC over rising electricity costs. Business & Capital Markets: PSE proposed raising stockbrokers’ minimum capital to ₱100M and cut PSEi free-float rules, opening the door for Mynt/GCash. Security & Enforcement: Army-backed operations in Western Mindanao netted P59M in smuggled cigarettes and arrested 27 suspects.
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.