AGP Executive Report
Last update: 10 hours agoRenewables for Industry: Indian Metals and Ferro Alloys (IMFA) signed a 29-year PPA for 65 MW of hybrid renewable power (solar, wind and BESS) via an Enfinity Global SPV, with IMFA taking a 26% stake; the deal targets big carbon cuts and lifts its contracted renewables to 135 MW. Retail Supply Confidence: Malaysia’s Mydin says essential goods supply is stable, citing steady local farming and adequate fertiliser availability, plus forward-buying for imports to avoid shortages. Beef Pricing Watch: Rabobank expects tight global beef supply to keep prices firm through 2026, with production down across major regions and New Zealand exports still supporting values. AI at the Enterprise Level: A Tata Communications/Bloomberg Media Studios study finds 77% of executives treat AI as board priority, but 65% rely on legacy or non-scalable infrastructure—highlighting a gap between AI plans and the systems behind them. Cross-Border Payments: Bank of America plans real-time cross-border payments next quarter via Swift or CashPro, aiming to cut cost and speed up remittances and vendor payouts. Consumer Spending Signal: A National Restaurant Association survey finds two-thirds of consumers feel positive financially this quarter, even as pressures persist.
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