AGP Executive Report
Last update: 4 hours agoUtility Relief: The Philippines’ Meralco will refund ₱9.5 billion after the energy regulator approved a P0.3449 per kWh rebate, to show up as a separate line item on bills starting next cycle. Banking Deal: Emirates NBD Egypt has agreed to buy HSBC Egypt’s retail banking business, covering loans, deposits, branches, ATMs and staff, with completion expected in 2H 2027 pending approvals. Consumer Finance Rules: India’s RBI revised deposit interest-rate rules, effective Oct. 1, requiring clearer website disclosures and uniform rates across branches for the same deposit terms. Retail Expansion: Aldi is hunting new store sites in Cambridgeshire as it pushes a wider UK rollout, aiming to bring more affordable food and new jobs. Food & Packaging Buzz: Morrisons launched three new layered chocolate bars (Jaffa Orange, Peanut Butter & Jelly, and Custard Cream) at £2 each, while Domino’s UK is testing a “Garlic & Herb” ice cream concept. Tech & Subscriptions: Apple rolled out “Apple Upgrade,” a Klarna-backed leasing program that replaces its old iPhone Upgrade and spreads monthly payments across iPhones, iPads, Watches and Macs. Scam/Counterfeit Crackdown: South Africa police seized counterfeit skin-lightening creams and illicit cigarettes worth about R21,000 and shut a non-compliant warehouse.
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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