AGP Executive Report
Last update: an hour agoConsumer Power Relief: Manila Electric Co. (Meralco) begins a six-month ERC-ordered refund, cutting typical residential bills by about P9 in August after a P9.5B refund approval. Food Safety Recalls: Asda and Morrisons pasta salads are recalled over possible meningitis-linked contamination (Listeria risk), while Taylor Farms pulls select salsa and guacamole due to potential salmonella. Functional Drinks & FMCG Pricing: Nichols buys VITHIT for £64m to grow functional soft drinks; meanwhile FMCG firms including Britannia, Godrej Consumer, Dabur, HUL and Tata Consumer are weighing calibrated September price hikes and shrinkflation. Milk Traceability Push: Maharashtra FDA plans a digital portal to track milk from animal to collection centre to curb adulteration. UPI Cost Clarity: India’s finance ministry says consumers won’t pay UPI transaction charges; any MDR would be limited to select merchants at a nominal rate. Digital Consumer Protection: South Korea’s FTC reports recall cases up ~5% in 2025, driven by more hazardous imported goods sold online. Quick Commerce Regulation: Maharashtra proposes bringing bike-taxi delivery platforms (Swiggy/Zomato/Blinkit/Zepto) under a state transport framework with EV-only fleets and a 2% rider welfare levy. Retail Expansion: Ayala’s ACX Retail launches as an execution platform to scale international fashion, lifestyle and specialty brands in the Philippines. Tech for Everyday Life: Starbucks expands UK RTD with chilled Matcha Lattes and a seasonal Pumpkin Spice Frappuccino.
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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