AGP Executive Report
Last update: 5 hours agoEconomic Outlook: Singapore’s economy grew 5.4% in the third quarter, easing from 6.2% in Q2 as manufacturing slowed; analysts say haze-related disruption threatens business activity, though its GDP impact may be limited. Haze Accountability: Singapore issued notices to seven Indonesian firms linked to fires, while SGX RegCo engaged listed plantation companies and warned of possible regulatory action. Shipping Risk: Two Singapore-registered vessels were struck in the Strait of Hormuz and one sank; all 21 crew escaped safely. The attacks add to rising war-risk and fuel-supply concerns for shipping. Port Investment: A.P. Moller Capital acquired Singapore-based Portek International from Mitsui, adding port and terminal operations to its portfolio. AI and Energy: Singapore launched the world’s first accredited agentic AI testing ecosystem, while SIBCON discussions highlighted multi-fuel bunkering and digitalisation as the city-state positions its marine fuel sector for change.
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