AGP Executive Report
Last update: an hour agoDigital Disruption: Microsoft’s Outlook and Teams outage hit businesses, airlines and government agencies across Asia-Pacific for nearly a day. Services are recovering, but the incident exposed the risks of relying on a single cloud provider. ASEAN Trade: Leaders are gathering in Manila as Canada’s Mark Carney seeks trade agreements with the Philippines and ASEAN, while Brazil’s Luiz Inácio Lula da Silva pushes to deepen ties and expand trade with the Philippines. Regional Finance: Central banks in Indonesia, Malaysia, Thailand and the Philippines agreed to promote local-currency settlement for trade and investment, aiming to cut conversion costs and reduce foreign-exchange risks. Clean Energy: Construction has begun on Malaysia’s Chereh floating-solar project, expected to power the equivalent of 100,000 homes and create about 1,500 jobs. Airline Costs: Asia-Pacific carriers warn that jet fuel prices, now far above year-ago levels, could drive fare increases and surcharges.
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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