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AGP Executive Report

Last update: 10 hours ago

AI Governance at BRICS: UN chief António Guterres warned that unequal access to AI could widen the “AI divide” in income, opportunity and sovereignty, urging BRICS support for global AI capacity-building and funding. Philippines AI Infrastructure: Manila approved a $34.4B plan to build AI data-centre capacity, targeting 1.5GW by 2033 and ~400MW by 2030, with corridors like Clark-Bataan as key anchors. Fintech & Payments: Singapore’s major banks (DBS, OCBC, UOB) tested live tokenised-deposit transfers via a shared orchestration layer on Swift’s ledger—an early step toward programmable money. Regional Tech & Industry: Malaysia’s George Kent is partnering with Extreme Vision to commercialise agentic AI across Malaysia and ASEAN; Thailand is fast-tracking electronics-heavy investment via its FastPass scheme and tax breaks for tech IPOs. Energy & Resilience: Laos’ “Battery of Southeast Asia” branding clashes with frequent outages from an ageing grid, while the Philippines is pushing ASEAN disaster-resilience meetings ahead of the November summit. Maritime & Security: Thailand’s and the wider region’s shipping and security pressures keep rising as West Asia tensions disrupt routes, with the Philippines citing tolls from the Hormuz crisis. Policy & Diplomacy: Modi held multiple BRICS sidelines talks, including defence and tech cooperation with the Philippines, as India hosts the World Circular Economy Forum in Gandhinagar from Sept 15.

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.

AGP Wire

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BRICS as a gateway for Chinese goods and AI? India wary as Xi Jinping’s 5-point plan puts Beijing’s trade, tech ambitions under spotlight

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