AGP Executive Report
Last update: 10 hours agoDigital Banking Costs: BPI will permanently eliminate transaction fees for digital fund transfers via InstaPay and PESONet starting July 1, after the central bank lifted its cap—expected to affect 9M+ enrolled customers and push more frequent real-time transfers. UK Small Business Awards: Rise Studio, a Lowestoft Pilates studio opened just weeks ago, was named a finalist for Best New Business at the UK Small Business Awards, highlighting how fast new local operators can gain traction. Local Retail Resilience: Johannesburg CBD street vendors plan to close ahead of June 30 protests over undocumented foreign nationals, citing looting fears—an immediate hit to small traders’ cash flow. SME Growth & Skills Funding (Nigeria): SMEDAN says South Korea committed $12B to set up a Skills Acquisition Centre in Abuja, plus a new N500m zero-interest GROW Fund for MSMEs. AI for SMBs: Growgent.ai launched an AI Growth Engine for small and midsize service businesses, aiming to boost lead response and conversions without adding payroll. Business Finance: Kite Realty Group announced a proposed $300M exchangeable senior notes offering, signaling continued capital-market activity that can ripple through commercial real estate.
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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