AGP Executive Report
Last update: 2 hours agoEnergy & Markets: Kpler’s analyst warns US-Iran tensions could tighten global oil supply within 1–2 weeks, pushing crude above US$100 and possibly to ~US$120 as Strait of Hormuz and Red Sea risks linger. Digital Infrastructure: The Nongsa–Changi undersea cable is now operational, boosting Indonesia–Singapore connectivity for data centres, cloud and AI. Fintech & Cards: UOB and Visa are upgrading UOB’s ASEAN premium card suite to new Visa Infinite tiers, lifting more than 300,000 cardholders to higher benefits. Investing & Sports: Temasek says it’s exploring India’s IPL, while also signalling it will keep investing aggressively in India—especially in healthcare and AI—via deals and M&A. Singapore Business Growth: Coinbase plans to grow Singapore headcount to about 200 by end-2026, citing long-term confidence in the hub. Aviation & Trade: Bombardier and Saudi Helicopter Company sign an LOI for 12 private jets, while Hong Kong Air Cargo starts charters to Navi Mumbai from Aug 10. Local Economy: MLT agrees to divest two China warehouses for US$107m and a Singapore Changi South property for S$16.6m as it rejuvenates its portfolio. Tech in Public Transport: WeRide begins fully driverless Robobus service on Sentosa, a first for Southeast Asia.
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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