AGP Executive Report
Last update: 9 hours agoFuel & supply squeeze in Sri Lanka: The energy minister said private fuel firms (Lanka IOC, Sinopec, RM Parks) are restricting domestic releases because regulated prices don’t cover their losses, pushing more supply onto state CPC and reviving queues. Middle East slowdown: The World Bank cut its 2026 Middle East forecast, citing the Iran war and Strait of Hormuz disruptions; Gulf economies are projected to contract sharply. Sri Lanka recovery, but households lag: The World Bank says growth is back to 2018 levels, yet poverty, jobs and incomes remain below pre-crisis benchmarks. Bangladesh under pressure: The World Bank warns growth will stay subdued as banking risks, energy shortages, weak revenue collection and inflation weigh on investment. Germany demand wobble: Factory orders fell faster than expected, highlighting fragility in Europe’s recovery. UK borrowing stress: A former Bank of England economist urged Andy Burnham to cut public spending to calm bond markets. Nigeria business & risk: Manufacturers spent N1.35tn on alternative power in 2025; a separate report estimates kidnappers demanded N81.9bn and collected N11.4bn over three years. Regional trade & investment: GCC chambers met to boost intra-GCC trade and joint projects; Pakistan’s finance minister stressed stability, fiscal discipline and export growth to attract investment. Business operations: Booking.com asked a Dutch court to force office attendance two days a week.
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.
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