AGP Executive Report
Last update: 8 hours agoASEAN Investment Boost: Hong Kong signed a first protocol to amend its investment agreement with ASEAN, expanding non-discriminatory treatment and investment guarantees across 10 Asean states, with the deal signed in Manila by Commerce and Economic Development Undersecretary Bernard Chan and counterparts from the Philippines and Thailand. Offshore Yuan Push: Hong Kong’s policy address lays out a major push to become a leading offshore yuan hub, including plans to grow the dim sum bond market, launch yuan-denominated gold and commodity trading, and deepen mainland connectivity. State Funeral for Tung Chee-hwa: Hong Kong held a state funeral for Tung Chee-hwa, the city’s first post-colonial chief executive, with senior officials and business figures paying respects. Digital Currency Setback: Saudi Arabia withdrew from China-led mBridge after completing its proof-of-concept, underscoring how momentum for alternatives to dollar-based payments is shifting. Security & Enforcement: Hong Kong Customs seized about 13kg of suspected ketamine at the airport and arrested a Japanese passenger, as authorities step up anti-drug efforts. UK Political Funding Watch: Britain’s elections watchdog is reviewing political spending limits after Reform UK’s record £72m fundraising, raising questions about whether rules are “fit for purpose.”
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.
Perspectify News
