AGP Executive Report
Last update: 6 hours agoSingapore-India Payments: NPCI data shows UPI volume easing in June to 22.72b transactions (₹28.9 lakh crore), though daily averages hit a record 757m—plus HSBC India and J.P. Morgan Payments are set to enable real-time FX settlement for overseas UPI, making cross-border QR payments more transparent. AI Governance Push: A UN-backed “AI for Good” commission will hold its first meeting July 8 in Geneva, co-chaired by Salesforce’s Marc Benioff and Rwanda’s Paul Kagame, with Singapore among policymakers and tech leaders. Cybersecurity Warning: A new study says hackers can stay inside corporate networks for about 2.5 weeks before detection, and nearly half of firms only realise after data is stolen. Local Rule of Law: Singapore’s High Court dismisses Standard Chartered’s bid to strike out a 1MDB-linked lawsuit worth US$2.7b. Defence Industry Milestone: Penguin Shipyard delivered the first composite superstructure for the Republic of Singapore Navy’s MRCV class. Digital Safety: Singapore is rolling out Singpass passkeys from July 1 to reduce phishing risk. Community & Culture: Ngee Ann Kongsi sponsors 900 tickets for Teochew screenings of the film “Dear You.”
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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