AGP Executive Report
Last update: 6 hours agoState of the Nation Watch: President Ferdinand Marcos Jr. used his fifth SONA to push tax relief and lower electricity costs, including a call to amend EPIRA to scrap “system loss” charges passed to consumers, while also warning that his anti-corruption drive covers even family—citing the Ombudsman probe into cousin Leyte Rep. Martin Romualdez. Cost of Living & Jobs: Lawmakers and surveys echoed public pressure to tackle prices and wages, with Octa Research saying controlling basic goods costs is the top urgent concern. Middle-Class Tax Plan: Marcos urged Congress to raise the income-tax-free minimum to P350,000 and expand exemptions for workers and small businesses. Energy Reform Push: Senate Majority Leader Juan Miguel Zubiri said the system-loss change is a priority they aim to finish before Christmas. Protests in QC: Thousands rallied around Commonwealth Avenue in Quezon City near the Batasang Pambansa, with rights groups calling for the release of 51 arrested protesters. Health Updates: Marcos reported nearly 3M patients benefited from zero-balance billing and said PhilHealth will double benefits for children with developmental disabilities. Business & Markets: PSEi rose to 6,314.90 as oil prices eased; Maynilad is set to replace Converge in the PSEi effective Aug. 3. Digital Lending Safety: Tala highlighted “debt with dignity” as regulators crack down on abusive collections.
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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