AGP Executive Report
Last update: 5 hours agoMAS Stablecoin Rules: MAS published consultation paper P015-2026 to amend the Payment Services Act, tightening licensing for single-currency stablecoin issuers with 100% reserves and redemption within five business days, while also opening the door to multi-jurisdiction issuance. Air Cargo Decarbonisation: CAAS deferred Singapore’s sustainable aviation fuel levy for cargo by one year and will tender levy-funded SAF by end-2026, with first deliveries expected mid-2027. Data Centre Power Deal: Flex agreed to buy EPC Power for about $4.4bn, expanding its “grid-to-chip” power and thermal management offering for AI data centres. Shipping & Energy Risk: Gulf shipping traffic via Hormuz stayed below the 10-day average as oil prices climbed on renewed US-Iran tensions; LNG pricing also jumped as the arbitrage window shut. AI Finance & Markets: ByteDance secured a $29.6bn loan from nearly 30 banks for AI development, while PIMCO highlighted Asia’s AI supply chain—from chips to rare earths—as the next winners. Local Tech for Mobility: NTU students are prototyping a necklace pendant that reads bus numbers aloud for visually impaired commuters using computer vision and real-time bus arrival data.
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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