AGP Executive Report
Last update: 7 hours agoAI Governance in the Philippines: A new report says Southeast Asian governments are racing to regulate AI, but ASEAN guidance remains non-binding, leaving protections uneven across countries and even across agencies in the Philippines. Markets & Chips: Asian stocks were mixed as Japan and South Korea tech shares extended losses, while South Korea unveiled plans for a massive chip and AI investment push. West Asia Oil Shock: Tensions around the Strait of Hormuz and US-Iran flare-ups lifted oil prices and kept markets jittery, even as some shipping resumed. India Data Centres Boom: ICICI Securities says India is emerging as a key data centre hub as Europe and North America face capacity bottlenecks, with big AI infrastructure bets already underway. Energy Transition Deals: Envision Energy signed a 660MWh battery storage supply deal for South Africa’s Naos-1 hybrid solar project, while Singapore’s SAF push adds KBR’s PureSAF tech licensing for a commercial-scale plant. Transport & Aviation: Malaysia Airports says it has accelerated post-privatisation transformation to improve governance and passenger experience, including full 24-hour aerotrain operations at KLIA. Local Industry & Culture: Malaysia’s Basilan Tennun weavers get a five-year roadmap to strengthen the province’s weaving sector and set up a Tennun council.
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.