AGP Executive Report
Last update: 8 hours agoAI and Markets: Asian shares fell as investors questioned whether soaring AI spending can deliver returns, while South Korea’s SK Hyper seeks partners for a data-centre plan targeting 15 GW of capacity by 2035; its first 5 GW phase is estimated to cost US$350 billion. AI Infrastructure: Red Hat has opened an APAC AI Centre of Excellence in Singapore to help businesses move projects into production, with engineering work and skills development. Clean Energy: A 330-MWp solar plant in central Vietnam is expected to generate 520 million kWh a year and avoid about 400,000 tonnes of carbon emissions. Electric Mobility: BYD and Malaysia’s Gentari are partnering on fast-charging infrastructure as the country pursues 30,000 public chargers by 2030. Hyundai has also supplied 11 electric buses for Bali’s first public transport pilot. Climate Risk: The ADB warns coastal flooding could cause up to US$739 billion in annual losses across Asia and the Pacific by 2100 without stronger adaptation.
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.