AGP Executive Report
Last update: 11 hours agoSingapore Crypto Tax Move: Singapore published final rules requiring crypto exchanges, brokers and trading platforms to collect and report detailed user transaction data to IRAS, starting for new users from 1 Jan 2027 and for existing users by 31 Dec 2027. Markets Watch: SGX turnover rose 37% YoY to S$46.2b in July, while the STI hit a record after a strong July run, with JPMorgan lifting its Straits Times Index bull-case target to 7,000 points on an upgraded 2026 growth outlook. AI-Driven Growth: Singapore’s economy grew 5.9% in Q2 and the government raised its 2026 GDP forecast to 4.5%–5.5%, citing stronger global AI investment and electronics demand. Regional Trade Signals: Philippines M&A deal flow fell to just one deal in Q2 as foreign capital stayed selective, while deal activity remained concentrated in Singapore, Malaysia and Indonesia. Tech & Business Deals: WeTouch signed a strategic cooperation with Canop Robotics to expand touch interaction modules for robotics and intelligent manufacturing. Haze Update (Malaysia): Unhealthy air readings persisted in Malaysia, with multiple stations in the unhealthy range and one in Sarawak reaching very unhealthy levels.
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.
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