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AGP Executive Report

Last update: 17 minutes ago

Energy & Growth Outlook: The World Bank kept the Philippines’ 2026 growth forecast at 3.7% but trimmed 2027 to 5.2%, citing weaker investment, slower project execution after a corruption scandal, and external shocks from the Middle East. Power Sector Reform: The World Bank also urged faster power reforms to cut electricity costs and reduce dependence on imported fuel, warning that global oil price spikes hit the Philippines hard. ASEAN Geoeconomics: A new brief says ASEAN-5 is positioned for steady growth and deeper supply-chain ties, but faces rising risks from trade fragmentation, climate shocks, and disruptions. Brunei Offshore Energy: Subsea7 won a “sizeable” $50m–$150m contract from Brunei Shell Petroleum for offshore pipeline replacement work, with engineering starting immediately. Brunei Tourism Push: Brunei is taking its coffee culture overseas via the Brunei Coffee Trail in Miri, aiming to draw more visitors and give local cafes and entrepreneurs a wider market. Brunei Agriculture & Food Safety: Four Brunei agricultural firms received pesticide-free certification, supporting safer local produce and stronger supply-chain transparency. Brunei Finance Scam Alerts: Brunei’s central bank warned the public about AI-generated scam videos impersonating officials and falsely claiming regulatory approval. Mobility & Business: Maju Motors launched the BYD ATTO 2 in Brunei, adding to the local push for new-energy vehicles.

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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ASEAN-5 in an era of geoeconomic realignment: Opportunities and risks in a fragmenting global economy

ASEAN-5 in an era of geoeconomic realignment: Opportunities and risks in a fragmenting global economy

Cheaper power key to sustaining Philippine growth after upper-middle-income shift—World Bank

Cheaper power key to sustaining Philippine growth after upper-middle-income shift—World Bank

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei


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Jul. 30, 2026

Rectitude Holdings Ltd Announces Full-Year Financial Results for the Fiscal Year Ended March 31, 2026

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Ministry of Foreign Affairs of the People's Republic of China

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Chinese Ambassador to Brunei Darussalam Chen Shaochun: Understanding the Communist Party of China, Decoding China's Governance

Ministry of Foreign Affairs of the People's Republic of China

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Apr. 27, 2026

Brunei Trade Surplus Reaches USD1.13M in February 2026

MENAFN

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May 22, 2026

Philip R. Lane: Europe and the world economy

ECB - European Central Bank

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