AGP Executive Report
Last update: 29 minutes agoSoutheast Asia Market Expansion: Hyrax Oil signed distributor and technical services deals to expand its ester transformer fluids and industrial lubricants across Thailand, Cambodia, Laos, Myanmar and Vietnam. Policy & Compliance: The Philippines’ BIR issued guidelines clarifying when a 0.5% creditable withholding tax rate applies to wholesale purchases involving top withholding agents, importers and manufacturers. Solar Manufacturing Relief: India extended ALMM List-II exemption for net metering and open-access projects to Dec. 31, 2026, with stakeholders saying it could unlock up to 10 GW of stalled C&I solar. Fire Safety Crackdown: After a deadly helmet-factory fire in Homagama, Sri Lanka, and a separate Ahmedabad firecracker blast, authorities reported deaths, ongoing firefighting, and major illegal stock seizures and inspections. Industrial Automation & Materials: China highlighted AI-enabled production for ultra-thin substrate glass for displays, while modular construction demand is rising for factory-built building modules overseas. Corporate Moves: Ather Energy raised Rs 1,300 crore via QIP; Transition VC launched a Rs 1,500 crore fund targeting energy transition and advanced manufacturing startups.
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.
Perspectify News
