AGP Executive Report
Last update: 9 hours agoMexico Outlook: Manufacturing remained in contraction for a 31st month in October, but commerce and services returned to growth, offering tentative signs of recovery. Digital Economy: The Philippines’ digital sector made up 9.8% of GDP in 2025; small firms could benefit from wider online sales and payments, though financing and productivity gaps persist. China Market: More than 4,100 overseas exhibitors, including over 300 Fortune Global 500 companies, are heading to Shanghai’s import expo, underscoring global firms’ continued interest in China. Corporate Moves: Kraft Heinz agreed to sell its North American coffee business for $650 million, retaining a 30% stake and directing proceeds toward debt reduction. South Korea’s Kakao reported third-quarter revenue up 6% and operating profit up 7%, driven by advertising and commerce. Markets and Politics: U.S. stocks rallied after midterm results, with the Dow rising more than 1,500 points as oil prices fell and Treasury yields eased.
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