AGP Executive Report
Last update: 8 hours agoPhilippines Fuel Marking Upgrade: The PPP Center provisionally approved PHP 19.16M for transaction advisory services to modernize the Philippine fuel marking program, adding tech upgrades, more field-testing units, and training for the BOC and BIR to curb oil smuggling. Kuwait Sukuk Push: Kuwait’s Cabinet backed financial reforms and approved a draft decree law on government sukuk, citing stronger non-oil revenue and improved conditions for foreign investment. MongoDB Results: MongoDB reported Q2 fiscal 2027 revenue of $771.8M (+30% YoY), raised full-year guidance, and highlighted AI-driven momentum across Atlas and enterprise workloads. Bahrain Payments Growth: BENEFIT said H1 2026 EFTS transactions hit 261.2M (+7.6%) and value rose to BD19.3B (+6.1%), with BenefitPay and Fawri+ both expanding. Nigeria Fraud Reporting App: Nigeria’s police launched a citizen “Vigilant App” to report suspected fraud and track cases, alongside an NPF–MTN secure communications network. Markets Hit by Yields: U.S. stocks fell sharply, with the Nasdaq down 1.03% as investors rotated out of growth amid higher bond yields. Israel Budget Clash: Israel’s finance and defense ministries are at odds over war spending, with the military warning of “empty coffers” and a potential near-record defense budget. Tech & Finance Infrastructure: Tech Defenders published an IT asset disposition audit-readiness framework aimed at helping teams reconstruct records before audits.
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