AGP Executive Report
Last update: 7 hours agoCost of Living Support: Singapore households can claim the S$500 CDC Vouchers from 11 June (valid to 31 Dec 2027), with S$250 for heartland merchants and hawkers and S$250 for supermarkets—brought forward to ease rising costs. Labour Market & AI: Employment expanded for the 18th straight quarter, with AI continuing to anchor hiring, even as job vacancies soften and retrenchments edge up. AI Attitudes Among Young Adults: A survey finds under-35s are the least likely to use GenAI at work and are more likely to see it as having negative impact. Payments Watch: PwC projects Singapore’s digital payments transaction value to jump from $39.37b (2023) to $113.65b by 2030, driven by wallets, cards and PayNow. Regional Energy Markets: Oil slid to a three-month low after an initial US-Iran deal signalled a path to reopen the Strait of Hormuz—markets are pricing in relief, but timing remains uncertain. Cultural Diplomacy: Singapore’s Asian Civilisation Museum opens “Crosscurrents” at the Louvre, spotlighting Mughal, Safavid and Ottoman masterpieces and their links to Southeast Asia. Public Sector/Tech: Singapore is pushing AI safety and security via an IMDA-Microsoft alliance, while also rolling out new initiatives to connect mayors and strengthen urban governance.
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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