AGP Executive Report
Last update: an hour agoSME Cost Relief Push (Korea): Korea’s nominee for SMEs and startups, Lee So-young, says she’ll measure the “total management burden” on self-employed owners and map a roadmap to cut costs, including rethinking delivery-app coupon subsidies. BRICS Summit (India): India will host the 18th BRICS Summit on Sept 12–13, 2026 in New Delhi under “Building for Resilience, Innovation, Cooperation and Sustainability,” with finance ministers and central bank governors meeting in Mumbai on Sept 9–10. SME Finance Access (Philippines): Moneymax partners with EastWest to let consumers discover and apply for personal loans digitally, aiming to expand loan access through a streamlined application flow. Banking for Small Firms (India): SBM Bank India says it’s targeting 30–35% growth, with a loan book around ₹12,000 crore and quarterly disbursements near ₹2,000 crore to companies, mid-market firms and small businesses. Digital Infrastructure (Nigeria): NSIA ramps up AI-ready data centre investment via its KASI hyperscale project, aiming to reduce reliance on offshore hosting for financial institutions and e-commerce. IPO Momentum (India): India’s BSE IPO index is up 35% in the first five months of FY27, with the BSE SME IPO index up 55%, though gains are concentrated in a handful of listings. Spice Quality Shift (India): India’s spice sector is moving from export compliance to broader domestic quality and safety, after ETO testing rules were tightened following recalls in Singapore and Hong Kong.
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