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AGP Executive Report

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MSME Tax Relief (Philippines): Sen. Mark Villar filed a bill to exempt micro, small and medium enterprises from the Minimum Corporate Income Tax, citing MSMEs’ 99.63% share of registered businesses and 63.19% of jobs, while arguing inflation and energy shocks are squeezing margins. Supplier Payments Pressure (Automotive, China): China’s MIIT is pushing automakers to honor 60-day payment commitments to SMEs, using a new media “supervisor” system and an online portal to flag firms that delay or extend cycles. SME Capital-Market Push (Philippines): The SEC’s “Juan with SEC Caravan” urged MSMEs to incorporate to unlock fundraising and long-term growth, offering registration help and guidance on capital-market financing. SME Growth via Standards (Australia): An ASIC-linked general insurance code redraft faces pushback from an oversight committee, which warns it could weaken consumer protections and reduce safeguards for small businesses. Cross-Border Trade Rules (ECOWAS): ECOWAS Parliament called for harmonised customs and import procedures plus better business registration and affordable finance to help MSMEs scale across West Africa. SME Expansion Funding (India): IIRM Holdings raised Rs 150 crore to expand insurance risk management and broking, backed by Carpediem Capital and an MSME-focused AIF. SME-Friendly Retail Support (South Korea): Incheon plans to expand its “Good Price Store” program to 590 outlets, adding support for eligible small service businesses while offering consumer discounts. SME Tech & Payments (Fintech): WasabiCard is showcasing global card issuing and cross-border payouts at ChinaJoy 2026, targeting digital businesses expanding internationally. Manufacturing Deal Spotlight (UK): Global Vehicle Group secured private equity investment to grow its B2B car and van leasing business, betting on proprietary tech and fleet demand.

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.

AGP Wire

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Jul. 30, 2026

Small businesses push for more value from factoring as financial pressure rises

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People Incorporated, FSBO launch financial literacy partnership

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Reed Family Dentistry wins MBJ small business award

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Jul. 27, 2026

Small businesses keep software stacks lean, Sonary data finds

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'Every small business will eventually have a digital workforce of AI agents': Bluehost CEO on how AI agents are reshaping business

'Every small business will eventually have a digital workforce of AI agents': Bluehost CEO on how AI agents are reshaping business

FTA Confirms Taxable Persons Eligible for the Small Business Relief Must Submit Simplified Corporate Tax Returns Within Prescribed Legal Deadline

FTA Confirms Taxable Persons Eligible for the Small Business Relief Must Submit Simplified Corporate Tax Returns Within Prescribed Legal Deadline

More capital, less tax: Mark Villar pushes MCIT exemption for small businesses

More capital, less tax: Mark Villar pushes MCIT exemption for small businesses

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6 hours ago

Small Business AI Consultants: BlackCube Labs Launches Free AI Strategy Plan for Founders and SMEs

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