AGP Executive Report
Last update: 7 hours agoPhilippines Quake Response: A powerful 7.8 earthquake struck off Mindanao, triggering tsunami warnings across the Philippines, Indonesia, Japan and Australia; reports say at least 15–19 people may have died, with 129–200+ injured as buildings collapsed in General Santos and schools were suspended. Energy & Trade: Indonesia’s Lemigas has been tasked to manage crude oil imports, including 150 million barrels from Russia through end-2026, under a new procurement regulation aimed at faster government-to-government deals. FX Watch: Bank Indonesia said reserves fell to $144.9B in May, still equivalent to about 5.6 months of imports, as policymakers stress external resilience. Regional Business Banking: Maybank launched Maybank2E, a single-login platform for cash management, trade finance and FX across markets, with online onboarding for SMEs. Energy JV: Eni and Petronas formed Searah, a 50-50 gas-focused venture spanning 14 Indonesia and 5 Malaysia assets, targeting 500,000 boe/d within three years. Indonesia Markets Sentiment: Coverage highlights investor concern over rupiah weakness and governance risks as markets reprice Indonesia.
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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