AGP Executive Report
Last update: 9 hours agoSouth Korea’s Export Engine: The economy grew 1% in the third quarter, beating forecasts as AI demand lifted chip exports and investment. But household consumption slipped for the first time in nearly four years. Pakistan’s Borrowing Costs: Business groups warn a half-point rate increase to 12% will deter investment and hurt manufacturers already facing high energy costs. Separately, lawmakers were told tax exemptions and concessions cost Rs2.35 trillion in 2024–25, with a cost-benefit review due by June 2027. AI’s Growth Test: Goldman Sachs sees the boost to U.S. growth from AI investment nearing its peak, while Apollo’s chief economist says companies outside the tech sector have yet to see financial returns. New Zealand’s Fiscal Choices: Election tax plans differ, but the next government faces rising spending needs, weak productivity and hard choices over taxes, borrowing and public services.
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
