AGP Executive Report
Last update: 4 hours agoHaze Accountability: Singapore and Indonesia have agreed to form a task force on companies linked to forest fires, as Prime Minister Lawrence Wong and President Prabowo pledged to address bilateral issues. Singapore plans to strengthen its haze law; ministers have warned 10 firms to cooperate, and MAS says banks should review financing ties to companies linked to haze. Energy Security: Indonesia’s gas cuts account for less than 2% of Singapore’s daily demand, but the dispute has sharpened concerns about supply risks and honoring contracts. Singapore is also preparing a 2027 nuclear energy review and expanding plans for solar and imported renewable power. Regional Ties: Prime Minister Wong and German Chancellor Friedrich Merz agreed to deepen cooperation, including on AI, research and industry. Retirement Policy: Singapore will raise the retirement age to 65 and the re-employment age to 70 from 2029, with more support for employers to create flexible jobs.
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