AGP Executive Report
Last update: 10 hours agoCost of Living: Involuntary hunger rose to 22.6% of families, its highest level since 1998, while 16.8 million families said they felt poor. Food affordability remains Filipinos’ top concern. Energy & Infrastructure: Higher fuel and construction costs have stalled classroom bids: just ₱1.87 billion of projects under a ₱21.4-billion agreement had advanced to bidding or award stages. Solar adoption is also gaining pace as energy costs rise. Markets & Remittances: Cash remittances reached US$3.03 billion in August, up 1.9% year on year; the peso rebounded and the PSEi rallied. Business & Technology: AI adoption is growing, but only 17% of Philippine businesses have a roadmap to scale it; 6% say it is fully integrated into operations. Governance: The Ombudsman filed graft charges against former Pampanga lawmaker Aurelio Gonzales over ₱611 million in flood-control contracts and opened a separate probe into Cagayan Rep. Joseph Lara and his family over alleged ties to government contractors.
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.