AGP Executive Report
Last update: 5 hours agoAnti-money Laundering: India’s ED attached assets worth ₹1,023.85 crore tied to alleged illegal Goa iron ore mining by the Salgaocar/AVS group, including 31 properties in Singapore (₹471.32 crore) plus Indian properties and equity shares. Water & Industry: Singapore’s semiconductor and data centre players are cutting heavy water use for cooling and production by recycling and improving efficiency, easing pressure on limited water resources. Regional Security: A U.S. Senate move to tighten oversight of OPCON transfer for South Korea has reignited alliance and sovereignty debates, with concerns about readiness amid North Korea’s threats. Trade Talks: India and the U.S. are set for ministerial-level talks to finalise the first phase of their bilateral trade agreement, with tariff timelines in focus. Wealth & Finance: PwC says Singapore is set to keep strengthening its Asia-Pacific wealth hub role as regional AUM is projected to surge to US$34.5 trillion by 2030. Space Investing (Local): Singapore investors continue to see SpaceX as a long-term bet on the space economy, citing reusable rockets and Starlink’s connectivity push.
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