AGP Executive Report
Last update: 8 hours agoBrunei & Regional Security: RIMPAC 2026, the world’s biggest maritime drill, wrapped up after five weeks of training with 30 nations and more than 30,000 personnel, reinforcing Indo-Pacific sea-lane security. ASEAN Diplomacy: ASEAN upgraded ties with Turkey to a full dialogue partnership, with Malaysia coordinating the relationship. Brunei-Linked Energy/Industry: Subsea7 won a contract worth up to $150m from Brunei Shell Petroleum for offshore pipeline replacement work. Finance & Payments: Mastercard reshuffled Asia Pacific leadership, naming Ling Hai as CFO and adding new senior executives including Joyce Bo for core payments. Philippines Development Watch: The World Bank approved a $268.62m water and sanitation project for Philippine islands, while keeping 2026 growth forecast at 3.7% and warning 2027 could be slower amid weak investment. Local Governance & Community: Tutong’s festival drew hundreds for a parade, fireworks and bazaar, aimed at boosting micro, small and medium enterprises and tourism. Scams Alert (Brunei): Brunei’s central bank and BDCB warned the public about AI-generated investment and scam videos.
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