AGP Executive Report
Last update: 8 hours agoRoad Safety & Migrant Workers: Singapore plans tighter protections for migrant workers travelling in lorries, with proposed drink- and drug-driving law changes that lower alcohol limits and add a new offence for controlled drugs/psychoactive or intoxicating substances in a driver’s blood, alongside existing safeguards like rest-time requirements and a “vehicle buddy” rule. AI at Work: MTI says AI workplace policy should drive job transformation through training and task rebalancing, arguing task-level automation doesn’t have to mean job-level displacement. Singapore Economy & Connectivity: MTI economists project non-stop flights to under-connected emerging markets could add about $200m a year in foreign direct investment, boosting trade access and hub status. Property Watch: Research shows nearly two-thirds of Sentosa Cove resales since 2023 closed at a loss, with gains on profitable deals shrinking sharply. Regional Security & Politics: North Korea fired a ballistic missile ahead of major US-South Korea drills, while Singapore-linked defence reporting also highlights ongoing Indo-Pacific naval operations. Cross-border Tech & Finance: China pushes RMB internationalisation via offshore clearing and designates Deutsche Bank as an RMB clearing bank in Frankfurt.
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