AGP Executive Report
Last update: an hour agoEconomic Outlook: UNCTAD projects developing economies will grow 4% in 2026, down from 4.7% last year, even as Asia accounts for 59% of global growth. India, Indonesia and Vietnam are forecast to expand faster than the world average. Regional Aid: Australia kept Southeast Asia assistance near $1.1 billion in 2024, bucking a wider retreat by major donors as development finance to the region fell almost 10%. Taiwan Finance: New rules let eligible banks seek approval to offer family-office advice beyond the Kaohsiung pilot zone, part of Taiwan’s push to become an Asian asset-management hub. Indonesia Tech: The government is positioning Bali’s Kura-Kura special economic zone as a centre for AI research and semiconductor development, with a Tsinghua University-linked centre already running research programmes. Culture and Faith: South Koreans are increasingly exploring Islam; converts interviewed by The Korea Times cited faith, a sense of simplicity and, for some men, hopes of finding a spouse.
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