AGP Executive Report
Last update: 7 hours agoPhilippines–South Korea Cooperation: Manila and Seoul kicked off a fisheries biotechnology project, aiming to upgrade the Philippines’ Fisheries Biotechnology Center and deepen research links with Pukyong National University and Korea’s coastal groups. Cross-border Crime Crackdown: Malaysia’s Perak police arrested 18 Chinese nationals in two raids over an online scam using third-party bank accounts, seizing phones and laptops. South Korea Rates: The Bank of Korea raised its policy rate by 0.25 point to 2.75%, the first hike since 2023, citing stubborn inflation and Middle East risks. China Finance Update: China’s social financing mix improved in H1 as corporate direct funding rose, with bond and equity issuance gaining momentum. Cambodia–China AI Push: A Chinese firm proposed four big AI projects in Cambodia, from an ASEAN intelligent computing centre to digital commerce operations. China–Taiwan Diplomatic Shift in PNG: Papua New Guinea said it will close Taiwan’s representative office immediately, while Taipei says its office will keep operating. AI Robotics in Japan: Nvidia and Fujitsu unveiled “physical AI” plans with major Japanese industrial firms, betting robots can help with labor shortages. Rare Earth Pressure: The IEA warned China’s rare earth export curbs could endanger $6.5tn of downstream production.
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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