AGP Executive Report
Last update: 7 hours agoDigital Banking Costs: BPI will permanently eliminate transaction fees for digital fund transfers via InstaPay and PESONet starting July 1, cutting per-transaction costs for millions of customers and small-business users. SME Trade Deal: Malaysia and the EU have wrapped up key chapters of the Malaysia-EU Free Trade Agreement, including an SME chapter, with a target to finalize by 2027. New SME Support via Finance Tech: Banque Misr and Vodafone Business are expanding digital banking solutions for SMEs through the ENGEZ platform, including online account opening and express lending. Local Business Pressure: In Johannesburg, some CBD shops and street vendors plan to close ahead of June 30 protests, citing looting fears and safety concerns. Bankruptcy Reality Check: Puerto Rico data shows repeat business bankruptcies can happen even after Chapter 11, often due to plan noncompliance and new legal shocks. SME Growth Tools: Growgent.ai launched an AI Growth Engine for small and midsize service businesses, aiming to boost lead response and bookings without adding payroll. Small Business Recognition: A new UK Pilates studio, Rise Studio, was named a finalist for a national business award just weeks after opening.
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.