AGP Executive Report
Last update: 4 hours agoRegional Security: At the ASEAN defense summit in Cebu, Gilberto Teodoro urged member states and partners to reject force and uphold international law amid South China Sea tensions. The US pledged more funding for Philippine military modernization, while Taiwan reported 53 Chinese vessels operating across waters near the Philippines, Japan and Taiwan. Peso and Economy: President Marcos vowed to defend the peso after it hit record lows; it recovered slightly Wednesday to ₱64.025 per US dollar. He cited rising oil and fuel prices. Undas Travel: More than 745,000 passengers had passed through PITX ahead of the holiday rush, while NAIA logged nearly 291,000 in two days. Power and Weather: The Visayas faced a red alert Thursday as available electricity fell short of peak demand. PAGASA forecast rain across parts of Luzon and monitored a low-pressure area east of Eastern Visayas. Sports: Alex Eala advanced to the Tokyo Open quarterfinals with a comeback win and is set to face world No. 13 Diana Shnaider.
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