AGP Executive Report
Last update: 36 minutes agoPhilippines Infrastructure & Food Supply: The Department of Agriculture is pushing ahead with a major “Clark mega food hub” in Pampanga, with about P4 billion committed and the first phase under construction on 40 hectares; partial operations are targeted before end-2027, aiming to cut logistics inefficiencies that raise costs and squeeze farmers. Corporate Real Estate Strategy: SM Prime says it will lean harder on recurring income, expanding retail, hospitality/hotels and MICE facilities while using ready-for-occupancy residential sales to smooth demand through next year. Public Housing Economics (US): New data show wide local variation in public housing finances, from Le Sueur County, Minnesota ($18,490 household income in 2025) to Plymouth County, Massachusetts ($21,843), with rent typically around a quarter of income. Housing Policy & Governance (NZ): New Zealand’s housing minister, Chris Bishop, says fast-tracked developments can’t be paused without a law change, despite mayors of Auckland and Queenstown calling for immediate stops over infrastructure concerns. Border Wall & Land Use (US): A federal judge cleared the way for border wall construction on Arizona tribal land, citing a 1907 proclamation allowing federal use of a narrow strip. Affordable Housing Oversight (US): Greenville Housing Authority’s chair is seeking a joint meeting with city council as the city weighs taking direct control amid complaints about conditions in some units.
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