AGP Executive Report
Last update: 8 minutes agoInvestment: Revolut plans to invest nearly S$350 million in Singapore over five years, open a new financial-district office and expand its workforce beyond 300. Asia-Pacific Markets: Hong Kong retained its title as the world’s freest economy, with Singapore ranking third. South Korea’s major companies are increasingly targeting renewables and robotics. Deals: Kip McGrath’s board backed Jamie Beaton’s revised A$51 million takeover offer for the tutoring company. Singapore’s competition watchdog is seeking feedback on ENEOS’s proposed acquisition of Chevron Singapore’s operations. Economic Outlook: IMF chief Kristalina Georgieva warned that AI, high energy prices and record public debt are testing the global economy, urging investment in skills and digital infrastructure alongside stronger fiscal plans. Jobs and Industry: A proposed Heriot-Watt brewing and distilling hub could support 1,570 jobs across Scotland and add £53 million a year to the economy. Trade: Indonesia and Egypt are pushing for a partnership agreement and joint investment fund to deepen commercial ties.
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