AGP Executive Report
Last update: 10 hours agoEconomic Pressure: The Philippine peso fell to a record 64.17 per US dollar. President Ferdinand Marcos Jr. urged the public not to panic and said the government would use its foreign-exchange reserves to defend the currency. Disaster Readiness: Malaysia will propose drought and flood action plans as officials warn a strong El Niño could bring extreme heat through May 2027. Public Finances: Twenty of Terengganu’s 26 state-owned companies reported combined losses of RM24 million in 2024. The state says it is stepping up audits and reviewing underperforming firms. Local Government: Richmond and three other London councils are challenging planned funding cuts, warning they could force service reductions and council tax increases. Digital Investment: Vietnamese local governments had left about $660 million in science, innovation and technology funds unspent by late October, prompting a call to speed up delivery. Civil Service: The Netherlands plans to cut 25,000 government jobs over the next decade, with AI among the tools intended to reduce 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.