AGP Executive Report
Last update: an hour agoBrunei Energy & Infrastructure: Brunei’s Department of Electrical Services signed a contract with Sinohydro for Phase 2 of the Bukit Panggal Combined Cycle Gas Turbines Power Station, adding 215MW to strengthen electricity supply and support Vision 2035. Brunei Capital Markets: Brunei held a seminar on sukuk as an alternative financing instrument, bringing together nearly 100 policymakers, regulators and potential issuers to build the capital market ecosystem. Regional Defence & Security: The Philippines and India have finalised preparations for Asean-India Maritime Exercise 2026 (Sept 28–Oct 2), with Brunei among the participating navies, aiming to boost maritime security cooperation. Brunei in Regional Business: UOB Asset Management’s sale to Allianz Global Investors (US$433m) includes UOBAM’s regional franchise across Brunei and other Asian markets, with a 10-year distribution deal. ASEAN Trade & Sustainability: Indonesia and the EU moved to deepen cooperation on sustainable forest trade, aligning on legality and traceability rules ahead of the EU Deforestation Regulation. Oil & Gas Deals: Adnoc Gas contract awards highlighted major Rich Gas Development phases, while Kelidang offshore Brunei-related subcontracts were also reported. People Moves: Uber Advertising appointed a new creative strategy manager for Australia and New Zealand as it expands its global creative studio.
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