AGP Executive Report
Last update: 2 hours agoBrunei & ASEAN Spotlight: A new World Bank push highlights how regional economies are trying to stay resilient amid shocks—on the Philippines side, the lender urged widening the tax base and accelerating power reforms to cut electricity costs and reduce dependence on imported fuel. Maritime Security: RIMPAC 2026 wrapped its 30th run with 30 nations and record participation, underscoring Indo-Pacific readiness and interoperability. South China Sea / Cables: Taiwan warned a Chinese-flagged “research vessel” after it was spotted loitering over the US-Taiwan Pacific Light Cable Network, raising fresh concerns about intelligence-gathering near critical infrastructure. Trade Policy: Korea said it will review joining CPTPP to expand export markets, including ASEAN, while managing sensitive impacts on agriculture and fisheries. Brunei-linked Energy Contract: Subsea7 won a pipeline replacement job offshore Brunei Shell Petroleum worth up to $150m, with engineering starting from its Kuala Lumpur office. Local Community: Tutong’s festival drew hundreds with a parade, fireworks and bazaar, aiming to boost micro, small and medium enterprises and tourism.
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