AGP Executive Report
Last update: 9 hours agoOil Shock: Brent climbed above $117 a barrel as fears of wider conflict rattled markets, extending losses across Asian equities and raising concerns about inflation and energy costs. India’s Momentum: Private-sector activity reached a four-month high in October, while the RBI said strong fundamentals and policy measures were helping the economy withstand global headwinds. Indonesia’s Gas Trade: Talk of ending gas exports to Singapore may clash with economic realities: weak domestic demand could leave producers with lower revenues and worsen budget pressures. Regional Growth: Indonesia’s economy expanded 5.45%, while Southeast Asia’s digital economy is forecast to reach $368 billion, with Vietnam leading in AI use. Investment Ties: Bangladesh’s prime minister is due in Japan next week, with Tokyo expected to arrange up to $6.36 billion in private investment over five years. Capital Markets: The Philippines and Singapore agreed to broaden cooperation, aiming to deepen links between their financial markets.
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