AGP Executive Report
Last update: 7 hours agoPhilippines Impeachment Finance: Bicol Saro Rep. Terry Ridon urged Vice President Sara Duterte to show up Monday as prosecutors begin presenting evidence in the alleged unexplained wealth case, arguing the VP can explain assets and financial interests. Bangladesh SME Push: Bangladesh Bank launched the “UDYOG” upazila youth financing scheme with blended loans and grants up to Tk 20 lakh per entrepreneur, while Prime Bank signed up for the Tk 5,000 crore working-capital refinance fund for CMSMEs at up to 9% interest. Hong Kong Global Finance Links: Hong Kong’s finance chief said the city is deepening ties with the Global South and Belt and Road regions across finance, innovation and technology, supported by the 2026-2030 plan. AI Guardrails in Singapore: MAS signaled AI is moving into core banking workflows, but regulators want controls so productivity gains don’t stay limited to the biggest firms. Fed Rate Watch: Goldman Sachs now expects a 25bp Fed hike after August inflation, raising pressure on markets. Fraud Crackdown: St. Albert RCMP created a Financial Crimes Unit targeting scams, especially elder fraud. Crypto-Mining Enforcement: Mexico seized about 300 GPUs from a suspected illicit crypto mining site tied to possible electricity theft and money laundering. Islamic Banking Shift: Bank of Maldives moved all new personal accounts and personal financing to Islamic banking principles.
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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