AGP Executive Report
Last update: an hour agoHaze Accountability: Singapore is reviewing its transboundary haze law to close enforcement gaps, Grace Fu said, citing difficulties gathering evidence and securing cooperation from companies overseas. Ten Singapore-based firms have received notices, and most say they will cooperate. Energy Security: Indonesia has cut pipeline gas exports by about 9%, prompting Singapore to press suppliers to honour contracts. The cut is less than 2% of daily demand, but the government is widening its energy plans, including a Saudi crude-storage arrangement in Jurong from 2027. Regional Cooperation: ASEAN’s secretary-general urged faster action on regional petroleum security and power-grid integration as Singapore prepares to chair the bloc in 2027. Singapore also agreed to deepen energy cooperation with New Zealand. Singapore-Germany Ties: Chancellor Friedrich Merz’s visit is expected to advance a five-pillar work plan spanning security, trade, AI, research and clean energy. Retirement Policy: Singapore will raise the retirement age to 65 and the re-employment age to 70 in 2029, alongside more support for flexible work for older employees.
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