AGP Executive Report
Last update: 12 hours agoCost-of-living relief in Malaysia: KPDN says 3,210 food and beverage premises have registered as Menu RAHMAH operators as of July, with the biggest uptake from food stalls/food courts (1,016), as the program is positioned as ongoing support plus expanded subsidized sales under MADANI RAHMAH. Inflation watch (food & drinks): In Bohol, headline inflation eased to 6.7% in July from 7% in June, driven by slower price growth in food and non-alcoholic beverages and transport. Tariff pressure on alcohol: Canada and the U.S. are nearing a deal to avert 50% tariffs on about $20B in Canadian goods starting Aug. 19, with alcoholic beverages among the sectors at stake; talks hinge on Canada lifting retaliatory measures. California insurance gap: California’s FAIR Plan is facing another rate increase, but coverage remains limited to specific perils—leaving many homeowners exposed on liability and other gaps. Climate hits beverage supply: Champagne harvest is starting earlier than usual as heatwaves and drought accelerate ripening, with producers drawing on reserve wines and exploring adaptation. Retail drinks demand shift: Starbucks CEO Brian Niccol is pushing a “Back to Starbucks” service-first turnaround aimed at restoring speed and human connection.
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