AGP Executive Report
Last update: 12 hours agoTokenised trade finance: Maybank completed a RM1.0m pilot transaction for tokenised supply chain financing in Malaysia, using V Systems’ NexA platform under the Securities Commission Malaysia sandbox—aimed at faster, more transparent invoice-to-disbursement flows for MSMEs. Regulation & media payments: Australia passed a News Bargaining Incentive levy forcing major tech platforms (Meta, Google, TikTok, LinkedIn, etc.) to pay 2.5% of ad revenue unless they strike deals with local publishers, with offsets for spending on news production. AI in banking: Ant International upgraded its Falcon FX forecasting model to Falcon 2.0 and signed contracts with major banks including Citi, HSBC, Deutsche Bank, Standard Chartered and Barclays to cut FX hedging costs. Insurance/ownership: India’s RBI approved LIC’s plan to raise its stake in HDFC Bank up to 9.99% (from 4.11%), subject to conditions. Green data centres: AirTrunk secured $2.33bn green financing for its JHB2 campus in Malaysia, backed by IFC and aligned with Blue Finance guidelines. Digital finance in Africa: FCMB plans AI-powered agritech advisory in Hausa, Yoruba and Igbo, while MTN MoMo Uganda runs a loans-focused financial literacy campaign. Market/crypto policy: Bitcoin pushed past $70,000 after Trump’s crypto meeting and renewed push for the Senate to advance the CLARITY Act.
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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