AGP Executive Report
Last update: 3 hours agoWage Costs: New minimum-wage orders in the Philippines’ Western Visayas take effect Nov. 19, raising daily pay by ₱40–₱45. Workers at businesses with 10 or fewer employees will receive at least ₱565 a day. Family Business Growth: Ireland’s Meade Farm secured a five-year, €90 million potato supply deal with Lidl, building on a 25-year partnership. Local Contracts: bp Oman renewed Truckoman’s warehousing and materials-management contract for five years; the company says Omanis make up more than 90% of the workforce on the contract. Cost Pressures: A survey found 52% of British businesses expect last week’s Budget to leave them worse off, with minimum-wage increases the most-cited concern. Small-Business Finance: The SBA says it provided a record $100 billion in support for small businesses. Bluevine separately reports that many small firms’ cash buffers have shrunk to about two weeks heading into 2027.
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