AGP Executive Report
Last update: 37 minutes agoMarkets: Asian shares were cautious on Monday as investors awaited earnings, with South Korean stocks down 1.1%. Brent crude fell 1.1% to US$103.50 a barrel after recent Gulf attacks heightened supply concerns. Energy: Philippine President Ferdinand Marcos renewed his call for nuclear power as electricity costs rise, while Southeast Asia’s energy transition faces a shortage of early-stage funding. Progress on the Asean Power Grid could encourage investment, but clearer rules are needed to make projects viable. Business: Revolut plans to invest nearly S$350 million in Singapore over five years and expand its local workforce to more than 300. Connectivity: Bangladesh has become South Asia’s first market to launch Starlink satellite-to-mobile service, extending access beyond conventional network coverage. Pacific economies: The ADB and Australia committed US$12.85 million to help Pacific governments improve business rules and access to finance for small firms.
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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