AGP Executive Report
Last update: 27 minutes agoBanking Watch: UOB’s Q2 net profit rose 10% to S$1.48b on record wealth management fees, with an 88-cent interim dividend; OCBC’s Q2 net profit jumped 22% to S$2.22b as non-interest income surged, and both banks’ shares moved in opposite directions after results. National Day Logistics: Singapore’s 2026 NDP fireworks will be at Kallang Basin (not Marina Bay), with the main show slated between 8:10pm and 8:30pm on Aug 9. Fincrime Tech: Aspire tapped Flagright to strengthen AML compliance across its business finance platform, adding screening, risk scoring and case workflows. Food-Tech Milestone: Aleph Farms secured Singapore regulatory approval for cultivated beef, a major step for the local food-tech scene. Local-Global Ties: Singapore and India held the 19th round of Foreign Office Consultations, reviewing progress under their Comprehensive Strategic Partnership roadmap. Cross-border Security: Deutsche Bank and KBC froze some Radiant World Singapore accounts amid reports of falsified iron ore trade documents, while miners cut ties.
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.