AGP Executive Report
Last update: 6 hours agoPublic Service Pay: Singapore civil servants will get a 0.45-month mid-year bonus, slightly up from last year, plus an unchanged one-off top-up for junior-grade officers—PSD says it reflects Q1 performance but warns downside risks remain. Legal Profession: A landmark Law Society of Singapore study flags systemic attrition driven by toxic workplace culture, bullying and court pressure, prompting a judiciary–Law Society joint committee to tackle the issue. Dispute Resolution & IP Leadership: Drew & Napier reshuffles dispute resolution and IP practice heads, while former Mayer Brown partner Paul JP Teo launches Linden Law Chambers in Singapore for complex commercial disputes. Health & Tech: Foundation Healthcare, backed by SeaTown, seeks about S$242m in a Singapore IPO; meanwhile Nervotec unveils NervoScan MCP, letting AI assistants read vital signs from a 10-second face scan. Regional Economy & Energy: OCBC cuts its Philippines growth forecast amid stagflation risks; Goldman Sachs warns Iran-linked energy and fertilizer costs could lift Southeast Asia food inflation, with Singapore singled out. Geopolitics: Strait of Hormuz traffic is rising after US-Iran talks, but toll and control questions could complicate a lasting settlement.
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