AGP Executive Report
Last update: 5 hours agoAPEC Diplomacy: Beijing is preparing for a possible Trump-Putin-Xi meeting on the sidelines of November’s APEC summit in Shenzhen, the Kremlin says, if circumstances allow. APEC finance ministers also backed closer policy coordination and investment in digital infrastructure at their Hong Kong meeting. Climate Risks: The UN warns a powerful El Niño could bring extreme heat, droughts, floods and cyclones across Asia and the Pacific. Separately, the ADB estimates annual coastal flood losses could reach US$739 billion by 2100, while targeted protection could prevent substantial damage. Southeast Asia: Indonesia’s wildfires have driven a severe regional haze crisis, prompting calls for stronger action against polluters. The region’s digital economy is forecast to grow 17% this year to US$368 billion, with AI supporting expansion even as demand cools. India’s AI Push: Google plans a US$15 billion AI hub in Visakhapatnam, with its first phase due in 2028, to support services including healthcare screening and Indian-language tools. Malaysia: The country rose to 53rd in the 2026 World Justice Project index, though it ranked lower on open government and fundamental rights.
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