AGP Executive Report
Last update: 3 hours agoWest Asia Fallout: India’s PM Narendra Modi renewed his “austerity” push—revive work-from-home, cut petrol/diesel, avoid non-essential foreign travel and pause gold buying—while the government insists there’s no fuel shortage or rationing, citing 60 days of crude and 45 days of LPG stocks. Markets & Energy: Oil prices stay elevated as the Iran conflict drags on, with Asia bracing for a second wave of energy shocks that could hit freight, fertiliser costs and growth. Diplomacy: US and China are set for a Beijing summit aimed at “stabilising and refining” ties, while India and Japan co-chaired a new economic security dialogue to strengthen supply-chain resilience. ASEAN Energy Security: ASEAN leaders urged faster ratification of APSA 2.0 and quicker rollout of the ASEAN Power Grid to manage disruption risk. Business & Tech: Grab and Nuitée launched GrabStays inside the Grab app; Zoho’s CEO said the firm will revisit work-from-home. Regional Finance: Bangladesh finance minister says IMF conditions aren’t “suitable,” as budget plans face tighter constraints.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
Perspectify News
