AGP Executive Report
Last update: 9 hours agoDigital Payments Surge: India’s UPI hit record levels in May, with 23.2 billion transactions worth Rs 29.90 lakh crore, driven by summer travel and IPL spending, while average ticket sizes keep falling as everyday use expands. Trade & Industry Links: India–Oman CEPA came into force on June 1, granting duty-free access across most tariff lines and boosting sectors like textiles, engineering, gems and jewellery—an angle that matters for Mauritius exporters and logistics planners watching Gulf demand. Mauritius in the Payments Network: Clear Junction partnered with Coins.ph to expand European payment corridors using named virtual IBANs and access to EUR/GBP rails, with Mauritius listed among Coins.ph’s operating markets. Skills for a Circular Economy: HRUC and MITD launched a 12-month circular-economy vocational training push for Mauritius, targeting green jobs in mobility, logistics and waste management with a 40% female participation goal. Business Climate & Governance: A constitutional reform debate continues in Mauritius as commentators warn reforms must be inclusive and resilient to external shocks, while another piece flags food security risks tied to regional conflict and energy shocks.
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.