AGP Executive Report
Last update: 7 hours agoPower Relief Debate: Meralco’s August rate cut of P0.0428 per kWh is being welcomed but dismissed as too small by energy advocate Fr. Warren Puno, who wants long-term reforms for an affordable, clean, and fair power system. Impeachment Watch: COA-ICFAO state auditor Xylene Mae del Campo returned to the witness stand in VP Sara Duterte’s impeachment trial for cross-examination on alleged confidential fund irregularities. Habagat Flooding Updates: Laguna de Bay rose to 12.08 meters as habagat rains persist, while Pagasa forecasts continued light to moderate rain over parts of Luzon; La Mesa Dam remains below overflow but excess water could affect low-lying areas. Disaster Response: PNP says it will keep supporting recovery after habagat and tropical cyclones Luis and Maymay, with 26 deaths and thousands sheltered; PCG also resumed search efforts for a missing man swept away in Quezon. 2027 Budget & Flood Control: Flood control spending is back in the proposed 2027 national budget at P7.2T, with DPWH getting major allocations. Labor & Courts: A lawmaker and labor groups asked the Supreme Court to review a Pasig court TRO blocking the first tranche of the P85 Metro Manila wage hike. Economy & Debt: DBM projects PH debt could hit a record P21.479T by end-2027 amid peso weakness and slower fiscal consolidation. Business: Jollibee reported record Q2 profit on stronger sales and pricing, while ACEN’s H1 earnings jumped 411% on higher generation and energy sales.
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