AGP Executive Report
Last update: 31 minutes agoSingapore–Malaysia Industry Finance: Maybank and the Singapore Manufacturing Federation signed an MoU to expand access to the Johor-Singapore Special Economic Zone, linking SMF manufacturers and vendors with Maybank’s cross-border banking for sustainable finance, cash management, payments and trade/supply-chain financing. Data Centres, Power and Skills: Singapore allocated 200MW to four data centre operators on Jurong Island (Digital Realty, Equinix, Keppel Data Centres, ST Telemedia Global Data Centres), with half the power to come from low-carbon sources and liquid cooling commitments; Eaton also teamed up with Singapore Polytechnic on 800VDC power infrastructure training for AI-ready facilities. India FDI Easing Shows Early Uptake: India reported 29 FDI proposals worth ₹4,895.65 crore under revised rules allowing up to 10% non-controlling ownership from land-border countries via the automatic route, spanning IT/AI, manufacturing, pharma, data centres and transport—Singapore-based entities are among the investors. Semiconductor and Future Tech Push: Micron plans a $10 billion U.S. research lab to develop long-horizon memory, compute and packaging tech, while Singapore–Vietnam highlighted complementary semiconductor strengths. Energy Grid Cooperation: DBS’ Han Kwee Juan said the ASEAN Power Grid is about shared prosperity and resilience, aiming to link regional power systems by 2045.
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