AGP Executive Report
Last update: an hour agoEU App Store shake-up: Apple cut its standard EU App Store commission to 26% and replaced the most contested fee with a flat 5% for apps distributed outside the store, after months of DMA-related disputes with the European Commission. SME finance policy: Pakistan’s State Bank revised SME prudential rules, lifting the turnover ceiling for small enterprises to Rs400m and medium enterprises to Rs2bn, but critics say the definition still leaves gaps for credit access. High-street pressure: UK bakery chain Sayers plans to close 19 underperforming sites as costs rise and customers shift habits, while Greggs continues to expand. Local business support in the UK: Sunderland’s North East BIC appointed a new CEO to expand advice and workshops for start-ups and small firms. Digital payments push (Oman): Oman’s central bank data shows rapid migration to digital transfers, with zero charges on local digital transfers for retail customers and SMEs. Tech for small firms (AI): Anthropic expanded Claude’s integrations with Gmail and Google Drive, aiming to make AI assistants more useful as workplace agents. Export help for SMEs (Cuba): Villa Clara urged local SMEs to join an export booster programme targeting Europe and North America, with training on standards, tariffs and traceability. Tourism demand building: Aquila Collection and Air France-KLM are targeting Romania and Slovakia to grow Cape Town tourism via a trade-focused destination marketing push.
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.