AGP Executive Report
Last update: 10 hours agoBanking Access: Agrobank is expanding financing outreach to hawkers and micro-entrepreneurs, collecting over RM8m in applications via market engagement sessions in Sabah and across Malaysia. Qatar Banking Snapshot: Qatar’s commercial banks reported assets up 6% to QR2.2tn in May, with deposits rising 7.1% and credit up 1.6%, pointing to resilient liquidity and lending. DeFi Lending Push: Aave’s Monad market topped $100m in deposits within two days, adding support for assets including USDT, USDC, GHO, WETH and cbBTC. Gold Outlook: Thailand’s gold summit panelists expect gold to test $5,000/oz by year-end, citing de-dollarisation and demand shifts. Currency Market Reform: South Korea will move dollar-won spot trading to near-24-hour hours to pull more won trading onshore, but liquidity overnight remains a key risk. India Capital Markets: SEBI reintroduced open-market share buybacks via exchanges from Aug 1, aiming for faster, more investor-friendly capital returns. Crypto Payments: Bank of Maldives CEO says an “invisible” payments model is coming, using connected APIs, biometrics and AI to automate transactions and support SMEs. Trade & FX Trend: More countries are settling trade in local currencies to cut FX risk and reserve pressure, with Indonesia-China local-currency deals accelerating.
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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