AGP Executive Report
Last update: 40 minutes agoAssam Policy Push: Assam Cabinet cleared seven bills, including ease-of-doing-business and MSME facilitation measures, plus an integrated police emergency response system. Logistics Expansion: Malaysia’s Melaka Inland Port (RM300m) breaks ground to boost trade and logistics, using bonded/customs areas, rail cargo handling and smart logistics. Energy & Metals Deal: Eni will buy a 25% stake in EnergyX’s Black Giant lithium project in Chile, investing $225m and targeting phased output from 2028. Tech & Jobs: Microsoft plans to cut about 4,800 roles (around 3,200 in Xbox) as it restructures and shifts spending toward AI. E-commerce Equity Move: Flipkart launches a second ESOP liquidity event, letting employees encash up to 5% of vested stock options ahead of a potential IPO. AI Infrastructure Race: Computershare Singapore launches a global membership ecosystem with enterprise AI customisation, starting a China closed beta on July 16. Corporate Finance: Fitch upgraded JSW Steel to BB+ with a positive outlook, citing deleveraging from JV proceeds. Regulatory/Trade: India moves to plug major energy data gaps, including EV electricity use and off-grid power, to build a fuller national energy statistics database.
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