AGP Executive Report
Last update: 3 hours agoRegional Security: At ASEAN’s defense chiefs’ meeting in Cebu, Philippine Defense Secretary Gilberto Teodoro urged members and partners to reject force and uphold international law amid South China Sea tensions. Washington proposed a new US-ASEAN defense framework; Beijing accused a Philippine politician of obstructing its participation. Energy Security: Southeast Asian countries are pursuing closer power and fuel cooperation as Middle East conflict disrupts prices and supply. India raised its FY27 power-demand growth forecast to 9%, while coal stocks at thermal plants have dropped to six days’ supply. Markets & Technology: Asian shares turned mixed after Alphabet disappointed investors and Samsung fell despite record profit, renewing questions about returns on AI spending. A regional survey found only one in five companies monetising AI at scale. Central Asia: Kazakhstan’s president renewed calls for infrastructure investment, energy security and domestic AI capabilities. Cultural Heritage: Australia returned two Northern Song-era sculpture heads to China after a curator’s provenance research helped trace their origins.
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