AGP Executive Report
Last update: 7 hours agoFuel Price Watch: After the US–Iran peace deal eases oil risk, Philippine pump prices are set for a rollback next week—diesel down ₱7–₱9 per liter and gasoline down ₱3–₱5—after DOE guidance on Monday, June 22. EV Retail Milestone: Greaves Electric Mobility (GEM) says cumulative e-scooter retail sales have crossed 300,000 units, with demand boosted by the updated Ampere Magnus Neo. Grocery Retail Reshuffle: DoubleDragon has bought nearly 99% of MerryMart Consumer via a ₱758m tender offer, paving the way to voluntarily delist and fold the chain into its ecosystem. Travel Retail Leadership: Lagardère Travel Retail names new Executive Committee leaders, aiming to strengthen management as it moves into its next growth phase. Checkout Tech for Indies: Epos Now launches Countertop 2, pitching a faster, cleaner point-of-sale experience with optional customer-facing features. Retail Crime Crackdown: London’s Met Police urges fast-track courts for repeat shoplifters tied to thousands of offences. UK AI in Retail: Google Cloud says UK AI adoption has hit a “tipping point,” with retail among sectors moving from trials to production. UAE Retail Finance: The UAE Ministry of Finance rolls out a sovereign retail T-sukuk program with a Dh1,000 minimum, subscription via banks’ digital channels. US Consumer Demand: US retail sales rose 0.9% in May, reinforcing resilience despite higher gas costs.
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.