AGP Executive Report
Last update: an hour agoDigital Growth: The Philippines’ digital economy contributed 9.8% of GDP in 2025, creating opportunities for small firms to sell online and streamline payments. But limited financing, fragmented supply chains and gaps in digital adoption remain barriers. Business Costs: After the U.S. midterms, the American Sustainable Business Network said voters and business owners are focused on affordability, including rising insurance and electricity costs. Payment Protections: Riverside Payments and an affiliate agreed to pay $600,000 to settle FTC and Washington state allegations they misled small businesses about fees and cancellation terms. The proposed deal would let affected firms exit contracts without early termination penalties. Market Access: India’s FISME says simplified GST registration for eligible e-commerce sellers could help small businesses test sales in other states without setting up separate premises. Hiring: U.S. private employers added 86,000 jobs in October; businesses with 1–19 employees added 21,000.
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