AGP Executive Report
Last update: 12 hours agoEnergy & Infrastructure: Brunei’s Department of Electrical Services signed with Sinohydro for Phase 2 of the Bukit Panggal combined-cycle gas turbines power station, adding 215MW to strengthen supply and support Vision 2035. Capital Markets: Brunei held a “Sukuk Issuance” seminar to boost understanding of sukuk as an alternative financing tool for government-linked and private issuers. Regional Business Linkages: Mindanao’s MinBizCon pushed BIMP-EAGA as a trade corridor, highlighting halal, food processing, fisheries and renewable energy as growth bets. Maritime Cooperation: The Philippines will join India and ASEAN partners in September’s ASEAN-India Maritime Exercise 2026, with Brunei among participating navies. Royal Affairs: Brunei’s Sultan revoked his daughter-in-law’s royal titles for “unbecoming” conduct, a move confirmed by the Office of the Grand Chamberlain. Defense & Training: U.S. Army and Royal Brunei Land Forces kicked off Exercise Pahlawan Warrior 26, focusing on jungle and built-up operations and interoperability. Aviation/Trade Finance: Allianz Global Investors agreed to buy UOB Asset Management for about US$433m, with UOB set to distribute AllianzGI products across Brunei and the region.
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