AGP Executive Report
Last update: 4 hours agoSingapore Economy & Prices: SingStat says CPI-All Items rose 1.7% y-o-y in 1H 2026, with food, motor cars, health insurance, accommodation and petrol driving the increase; MAS and MTI also note core inflation picked up to 1.6% in June. Cabinet & Governance: Singapore PM Wong unveiled a reshuffled Cabinet line-up, with leadership changes including Jasmin Lau taking on Acting Minister for Manpower and other promotions/appointments. Manpower Crackdown: MOM arrested 14 over suspected employment offences, including “phantom workers” used to inflate foreign worker quotas and fraudulent CPF contributions. Tech & AI Policy: Singapore is set to update critical infrastructure rules and introduce “cloud code”, while IMDA-IAPP expands AI governance training and Singapore outlines plain-language “info cards” for GenAI chatbots. Regional & Trade Links: Singapore’s Vivian Balakrishnan urged the US not to target Singapore amid tariff talk, and Bangladesh’s Khalilur Rahman sought Singapore support for ASEAN and RCEP ambitions. Business & Markets: Singapore stocks slipped on Thursday; STI down 0.2%. Global Finance: Ant International (Singapore-based) raised about US$1.2b in Series A to expand cross-border payments and inclusive finance.
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.