AGP Executive Report
Last update: 11 hours agoE-commerce: Southeast Asia’s online growth is shifting to existing shoppers, with faster delivery and buy-now-pay-later driving more spending; annual online goods sales are forecast to reach US$400 billion by 2031. India: Online retail is projected to top US$90 billion this year, led by grocery, beauty and home goods, while phone sales lag. The India–New Zealand trade pact is now in force, cutting duties on selected imports such as apples, kiwifruit and honey and removing tariffs on Indian exports. China: Officials pledged stronger measures to lift consumption as weak domestic demand contrasts with export-led growth. Prices and safety: Uniqlo will raise prices on selected Japan products by an average of about 4%; India’s food regulator has ordered supplement makers to carry required warnings for products with botanical extracts. Brands and supply: Chinese skincare brand Kans is expanding in Southeast Asia, with an Indonesia factory planned for 2027. Malaysia is also pursuing road and rail routes to move durians to China in three to four days, potentially reducing shipping costs.
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.
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