AGP Executive Report
Last update: 11 hours agoEnergy Regulation: The Philippines’ ERC is pushing to audit not just distribution fees but also power “pass-through” costs, after lawmakers warned fuel charges may be excessive and regulators lack full checking powers. Power Market Controls: The ERC also plans a steep 64% cut to the reserve-market price ceiling (to ₱9,000/MWh) to curb bidding spikes that can drive higher bills. Consumer Safety Alerts: UK shoppers are urged to return recalled Graham’s Family Dairy semi-skimmed milk over possible veterinary medicine contamination; separate UK reporting flags widening shelf gaps tied to Middle East trade disruption. Retail & Consumer Rights: Kenya’s Communications Authority orders refurbished phones/laptops to be clearly labeled “Refurbished” and sold with at least a one-year warranty and return policy. Fraud & Scams: Smishing is escalating fast, with FTC losses cited at $470M in 2024; Michigan AG Nessel reissues scam warnings for new high school grads. Food & Inflation: South Africa’s food inflation eased in June thanks to ample crop reserves, even as overall inflation hit 5%. Tech Policy: A bipartisan US bill would create an antitrust exemption for AI firms to coordinate on security risks tied to alleged Chinese copying. Convenience Retail: Ritter Sport expands UK convenience availability via Parfetts.
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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