AGP Executive Report
Last update: 5 hours agoPower & Infrastructure Investment: NGCP warned Visayas grid alerts are driven mainly by unplanned outages, with the region importing power to meet demand—highlighting the need for more reliable baseload generation and transmission upgrades. MRO Expansion: Lufthansa Technik Philippines broke ground on a Clark MRO facility on a 157,000-sq-m site, targeting up to 1,200 skilled jobs and scaling capacity in phases. Energy Interconnect Deal: French investor Meridiam agreed to take majority control of the Cyprus-Greece Great Sea Interconnector, aiming to end Cyprus’ electricity isolation and unlock EU-backed capacity. Public Spending via Participatory Budgeting: King County launched 2026 participatory budgeting, earmarking $1.1m for White Center/North Highline resident-led projects. Wealth & Capital Markets Moves: Ascot Lloyd Investment Management will align its £2.8bn investment arm with BlackRock strategies; Lighthouse Canton closed an INR 1,050m private credit deal in India. Markets & Macro: The dollar rose versus the yen as investors awaited US jobs data and Iran-Gulf deal headlines, while Philippine stocks edged lower ahead of GDP. Corporate/Investor Updates: CIRO halted trading in Jamieson Wellness (JWEL) pending news; Fidus Investment reported Q2 net income of $20m. AI Infrastructure Push: UAE’s Mubadala is considering up to $6.3bn for a 500MW AI data center in Japan. Regulatory/Policy: The US renewed an emergency restricting investment in China’s AI and semiconductor sectors through Aug 2027.
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