AGP Executive Report
Last update: 9 hours agoMarkets: India’s Sensex and Nifty snapped a two-day losing streak, with IT stocks leading gains; the rupee ended slightly firmer. Singapore Finance: MAS proposed a tax exemption for qualifying “profit-related returns” from fund management services, aimed at boosting Singapore’s asset-management pull. Telecom/Investing: Malaysia’s Axiata reported a sharp profit drop in 2Q as revenue fell, but reiterated dividend growth targets through 2028. AI & Industry: Thailand rolled out a National AI Roadmap focused on measurable productivity gains, with targets for enterprise adoption, pilots, and worker certification. West Asia Energy: Iran condemned new US sanctions tied to the Strait of Hormuz as mediators push to reopen the route, keeping oil-shipping risk elevated. Aviation/Defense: Indonesia is set to take delivery of the former Italian aircraft carrier Giuseppe Garibaldi, expanding regional carrier capability. Business Expansion: Cebu eyes EV-related manufacturing to diversify beyond services, using the province as a potential test site. APEC Outlook: APEC projects 3.2% regional growth in 2026, led by tech trade and digital services.
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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