AGP Executive Report

Jet Fuel Deal: Australia is set to receive extra jet fuel shipments from China—about 100 million litres in three deliveries starting June—after talks involving PM Anthony Albanese and Chinese Premier Li Qiang, with Brunei also locking in more than 38,000 tonnes of agricultural-grade urea to support farmers. Hajj Countdown: The Dhul Hijjah crescent has been confirmed worldwide, with Eid al-Adha set for May 27; Saudi Arabia’s Hajj terminal at Jeddah’s King Abdulaziz Airport will run from May 18 to June 16. ASEAN Unity in Sport: ASEAN ambassadors and embassy teams took part in a dragon boat race in Doha, using the paddling event to spotlight regional cooperation. Regional Energy Push: Sarawak says it’s stepping up cross-border electricity exports, including talks on supplying Brunei and plans for Singapore. Digital Connectivity: China Telecom-led Asia Link Cable has landed in Hong Kong, boosting the Hong Kong–Singapore route’s capacity and links to Southeast Asia.

Cross-border power push: Sarawak is stepping up its “Battery of ASEAN” plan, already exporting electricity to West Kalimantan since 2016 and to Sabah from Dec 13, 2025, while aiming to export at least 30MW to Brunei (in negotiation/feasibility) and up to 1,000MW to Singapore (conditional approval received in Oct 2025; technical talks started after Malaysia’s security clearance in Dec 2025 and Singapore’s maritime approval in Feb 2026). Regional resilience despite politics: Mindanao Development Authority says infrastructure and energy-linked projects in the BIMP-EAGA corridor nearly quadrupled from 57 (2017) to 265 this year, with 104 projects in the Philippines concentrated in Mindanao and Palawan. Anti-fraud cooperation: An International Security Alliance workshop in Singapore focused on stronger cross-border action against cyber-enabled scams. Eid al-Adha timing: The Dhul Hijjah crescent has been confirmed globally, with Eid al-Adha set for May 27. Hajj logistics: Saudi Arabia’s Hajj Terminal at Jeddah airport will operate May 18–June 16 for pilgrim arrivals and departures.

Eid al-Adha Calendar Lock-In: Indonesia has confirmed Eid al-Adha 2026 will be on May 27, after moon-sighting reports and MABIMS criteria, with the first day of Dhu al-Hijjah set for May 18—a date alignment also echoed by other countries including Saudi Arabia, UAE, Oman and Pakistan. Karate Spotlight: Philippines’ Francis Erl Jud Abundo and Kathleya Elaine Bustamante delivered gold at the Karate One-Youth League in Manila, with Abundo dominating Brunei’s Azlee Khairi 7-0 and Bustamante holding off Australia’s Ana Jovic 6-2. Digital Infrastructure: China Telecom says the Asia Link Cable has landed in Hong Kong, boosting connectivity across China, Singapore, the Philippines, Vietnam, Brunei and Malaysia. Hajj Prep: Saudi guidance notes the Jeddah Hajj Terminal will operate for Hajj 2026 from May 18 to June 16.

Karate One-Youth League (PH vs Brunei): Francis Erl Jud Abundo and Kathleya Elaine Bustamante closed the tournament in style with gold each for the Philippines—Abundo dominated Brunei’s Azlee Khairi bin Wan Zuraimi 7-0 in the Under-14 kumite -40kg, while Bustamante clinched the Under-14 kumite female -47kg with a 6-2 win over Australia’s Ana Jovic. ASEAN Energy Pressure: A fresh ASEAN energy-security push is being framed as infrastructure-first, after Middle East disruptions have made LNG costs jump and “transition fuel” feel like a budget risk. Digital Connectivity: China Telecom’s Asia Link Cable (ALC) has landed in Hong Kong, linking China, Singapore, the Philippines, Vietnam, Brunei and Malaysia—positioned as a major boost for cloud and AI data flows. Travel & Mobility: Oman’s passport edged up in the Henley rankings, while Saudi’s Makkah Route Initiative expands pre-clearance for Hajj 2026, adding Brunei and Senegal. Local Business & Food: Singapore’s halal scene keeps expanding, with certification driving more firms into bigger procurement opportunities.

Undersea Connectivity Boom: China Telecom says the 6,200km Asia Link Cable (ALC) has landed at Hong Kong’s Chung Hom Kok Cable Landing Station, set to become the highest-capacity Hong Kong–Singapore route and boost cloud, AI and cross-border digital trade across China, Singapore, the Philippines, Vietnam, Brunei and Malaysia. ASEAN Spotlight in Manila: The Philippines’ ASEAN chairmanship is set to take centre stage at the BusinessWorld Economic Forum on May 18, with talks on turning regional priorities into corporate action. Halal Growth Watch: Singapore’s halal food scene keeps expanding, with certification driving more businesses to bid for major events and build credibility. Agriculture Funding Push: The World Bank, UK and the Philippines launched a $1B sustainable farming programme, tying disbursements to measurable targets to raise rice output and climate resilience. Sports Note: Brunei’s Awanku Ahmad Izz Aiman featured in Karate One-Youth League action, while other regional athletes chased podium finishes.

BIMP-EAGA Vision 2035 Push: Mindanao is positioning itself as the Philippines’ gateway to Southeast Asia, with more than 100 infrastructure projects aligned under the BIMP-EAGA Vision 2035 to speed up trade, tourism, investment and cross-border links—built on connectivity, agribusiness, tourism and shared environmental management. Digital Connectivity Leap: A major new undersea cable, the Asia Link Cable (ALC), has landed in Hong Kong, linking China, Singapore, the Philippines, Vietnam, Brunei and Malaysia, with capacity set to exceed 325 Tb/s and support growing cloud and AI demand. Food Security Funding: The Philippines launched a $1B World Bank-backed farm program that ties funding to performance targets, aiming to boost rice-based output, strengthen climate-resilient value chains and improve institutions. Halal Market Momentum (Singapore): Singapore’s halal food scene is expanding fast, with certification driving credibility and access to major tenders as demand diversifies. Sports: Eduardo Berco III delivered the best Filipino finish on Day 2 of the Karate One-Youth League but missed the podium, ending seventh.

Halal Business Push: Singapore’s halal scene is expanding fast, with more diverse eateries and a certification process that still filters applications—only 75% were approved in 2025—while restaurants see certification as a credibility boost for big tenders. Digital Connectivity: Hong Kong just welcomed the Asia Link Cable (ALC), a high-capacity undersea link led by China Telecom, tying China, Singapore, the Philippines, Vietnam, Brunei and Malaysia and setting up major commercial operations later this year. Food Security Funding: The Philippines launched a $1B World Bank-backed farm program, using results-linked funding to drive rice output, stronger value chains and climate resilience. Regional Talent Spotlight: Huawei’s 10th ICT Competition APAC finals wrapped in Jakarta, with winners across cloud, computing, network and innovation tracks. Sports Update: Eduardo Berco III impressed in Karate One-Youth League Day 2 but finished seventh after a narrow run ended just short of the podium. Hajj Logistics: Saudi Arabia’s Makkah Route Initiative expands for 2026, adding Brunei for pre-clearance and faster arrival transfers.

Huawei ICT Competition APAC: The 10th Huawei ICT Competition APAC Finals wrapped at ASEAN Headquarters in Jakarta, drawing 8,600 students from 14 countries and crowning Singapore’s National University as Grand Prize winner, with Brunei among award recipients and 16 teams set for global finals in Shenzhen this June. Philippines–World Bank farm push: The Philippines launched a $1-billion World Bank-backed PSAT program to modernize agriculture, with an initial $300 million expected in 2026 and funding tied to verified targets for productivity, supply chains and climate resilience. ASEAN energy focus: ASEAN leaders’ Cebu summit kept momentum on regional energy security, including moves toward an ASEAN fuel reserve and a petroleum security agreement—though details still need ironing out. Brunei–China ties: China’s VP Han Zheng met Brunei’s crown prince in Beijing, while energy cooperation continues through Hengyi’s SINAR solar project, aimed at cutting emissions and boosting renewable share. Tech connectivity: China Telecom completed the Asia Link Cable landing in Hong Kong, linking China, Singapore, the Philippines, Vietnam, Brunei and Malaysia with capacity above 325 Tb/s. Regional economy watch: Malaysia’s Q1 growth hit 5.4%, but Bank Negara warned the outlook is getting tougher despite resilience.

BIMP-EAGA Momentum: Mindanao is pushing to become the Philippines’ main gateway to Southeast Asia, aligning 100+ infrastructure projects under the BIMP-Eaga Vision 2035 to speed up trade, tourism, investment, and cross-border links—especially through local government-led cooperation and direct routes like flights and shipping. ASEAN Summit Follow-Through: A Cebu commentary argues ASEAN’s biggest wins need the same “honesty” as the summit itself—especially on the ASEAN Petroleum Security Agreement and the new ASEAN Maritime Centre, where details still need ironing out. ASEAN 2026 in Business Spotlight: The Philippines’ ASEAN chairmanship is set to take centre stage at the BusinessWorld Economic Forum 2026, pitching “regional vision to corporate action.” Industry Watch: China Telecom completed the Asia Link Cable landing in Hong Kong, linking China, Singapore, the Philippines, Vietnam, Brunei and Malaysia; meanwhile, Bharti Airtel is set to lift its Airtel Africa stake to 79%. Brunei-China Ties: China’s VP Han Zheng met Brunei’s crown prince, calling for deeper practical cooperation as bilateral ties mark 35 years.

Malaysia Economy Watch: The World Bank says Malaysia is on track for 4.4% growth in 2026, but warns the outlook is clouded by geopolitics, trade tensions, weaker global demand, market volatility and policy uncertainty. Digital Connectivity: A major boost for the region’s internet backbone—Asia Link Cable (ALC) has landed in Hong Kong, linking China, Singapore and branches reaching the Philippines, Vietnam, Brunei and Malaysia, with commercial operations expected later this year. ASEAN Culture Row: Cebu Governor Pamela Baricuatro defended removing the Santo Niño from a Lumad Basakanon performance at the ASEAN summit, saying it was done for religious sensitivity toward diverse delegates. Energy Security Push: ASEAN leaders are again circling fuel resilience, with Cebu backing a possible regional fuel reserve as Middle East tensions keep supply risks front and centre. Local Governance: Sabah’s leaders are calling for tougher enforcement of vehicle load limits after overloaded timber and palm oil lorries are blamed for worsening road damage.

ASEAN Summit Afterglow: Cebu says it proved it can host big global events “seamlessly” after the 48th ASEAN Leaders’ Summit, citing coordinated local-national security work and zero major incidents—now pitching itself for future Asean/APEC and other conferences. Energy Security Push: Cebu also welcomed talks on a regional fuel reserve, while Indonesia floated an ASEAN oil storage hub in Sumatra to reduce disruption risk as Middle East tensions keep supply routes shaky. Brunei–China Momentum: In Beijing, China’s Xi and Brunei’s crown prince meetings stressed deeper practical cooperation, with energy ties highlighted by Hengyi’s SINAR solar project at Pulau Muara Besar. Trade & Investment: Canada ratified the UK’s CPTPP accession, a move expected to reshape investment protections and dispute options. Finance & Governance: Singapore launched an ISCA taskforce to strengthen financial reporting and investor confidence. Travel Costs: Philippines fuel surcharges are set to drop from May 16–31 as jet prices ease.

Muslim Travel Boom: Mastercard and CrescentRating project international Muslim visitor arrivals will hit 245 million by 2030, up from 186 million in 2025, with Muslim women driving nearly 48% of arrivals—pushing destinations to deliver safer, more inclusive, digitally assured experiences. Brunei–China Diplomacy: China’s VP Han Zheng met Brunei’s Crown Prince in Beijing, urging deeper practical cooperation as ties mark 35 years, while energy collaboration continues to expand via projects like Hengyi’s SINAR solar push. Energy & Trade Security: ASEAN is positioning for a stronger halal growth push amid Middle East turmoil, while Indonesia floats an ASEAN oil storage hub and separate Sumatra storage to buffer supply shocks. Transport Watch: Air travel costs may ease as fuel surcharges drop in the Philippines, and Brunei-linked offshore logistics moves forward with new fast crew vessel designs for Shell operations. Regional Governance: Sarawak advances port-linked Free Zone plans, while Sabah lawmakers call for better event safety and rural connectivity.

China Diplomacy Boost: Xi Jinping met Brunei’s Crown Prince Haji Al-Muhtadee Billah in Beijing, urging stronger strategic communication and deeper practical cooperation as both sides mark 35 years of ties. ASEAN Energy Pressure: With the Middle East crisis still reshaping fuel flows, ASEAN leaders pushed for faster ratification of a regional fuel-sharing framework, while talks also keep circling around energy resilience and disaster readiness. Brunei-China Tech & People Links: Chinese Vice President Han Zheng also pledged to lift the China-Brunei “shared future” partnership, spotlighting cooperation in AI, the digital economy, green growth, energy and agriculture. Regional Industry Push: Sarawak moved ahead with a Free Zone approval for Samalaju Port, while Brunei-linked offshore logistics continues to expand, including a new fast crew vessel fleet design for Brunei Shell operations. Transport Relief: Airfares in the Philippines are set to ease as fuel surcharges drop to Level 15 for mid-May travel. Energy Storage Idea: Indonesia floated an ASEAN oil storage hub and a separate Sumatra facility to strengthen reserves.

Brunei–China Diplomacy: Xi Jinping met Brunei’s Crown Prince Haji Al-Muhtadee Billah in Beijing, urging deeper practical cooperation and stronger strategic communication as both countries align long-term plans. Energy & Shipping: Fast Offshore Supply (FOS) picked Incat Crowther to design 10 DP2 fast crew transfer vessels for Brunei Shell Petroleum, with first deliveries expected in early 2027. ASEAN Summit Fallout: ASEAN leaders in Cebu pushed ahead on maritime cooperation and kept energy security high on the agenda, as the Middle East crisis continues to strain fuel supplies. Regional Economy Watch: ASEAN’s power gamble is now about preventing shortages while meeting rising demand from industry and AI—driving momentum for cross-border electricity trading. Travel Relief (Philippines): The Civil Aeronautics Board approved lowering airline fuel surcharges to Level 15 for May 16–31, easing costs for domestic and some international routes. Sports: Sabah FC edged 10-man Brunei DPMM 1-0 with a late penalty winner, while the ASEAN Club Championship returns with Buriram United leading the pack.

ASEAN Energy Shock: Southeast Asian leaders wrapped up the 48th ASEAN summit in Cebu with a push to fast-track a regional fuel-sharing framework, but they still couldn’t agree on how it would work immediately—who gets what, how payments happen, and who comes first—amid Middle East-driven fuel disruption. Maritime Rules: They also adopted a landmark maritime cooperation declaration, reaffirming UNCLOS, peaceful dispute resolution, and “unimpeded lawful commerce.” Myanmar Tensions: Myanmar complained it’s being shut out after ASEAN kept blacklisting the post-coup leadership, while sources say ASEAN may let Myanmar’s top diplomat join a July sideline event virtually. Brunei-Linked Trade: ASEAN states are boosting oil imports from Brunei as supply routes shift. Regional Watch: FIFA’s proposed ASEAN Cup faces doubts over cost and competitiveness. Local Sports: Sabah FC beat Brunei DPMM 1-0 with a late penalty, while Kuching City FC’s Etame hit a hat-trick in a 3-1 win.

China–Brunei Momentum: Prince Haji Al-Muhtadee Billah begins an official China visit (May 11–15), with Belt and Road ties getting a fresh boost as Muara Port’s goods move toward China’s Qinzhou Port via a new direct container route. Anti-Corruption Shock: Sri Lanka’s Airbus corruption case takes a dark turn after key defendant Kapila Chandrasena dies amid an ongoing probe, raising fresh calls for a full, transparent investigation. ASEAN Energy & Maritime Push: ASEAN leaders in Cebu adopted a maritime cooperation declaration and kept pressure on fuel-sharing and oil-stockpiling plans as Middle East-linked fuel disruptions bite. Investor Confidence: Singapore’s ISCA launches a taskforce to strengthen financial reporting and rebuild investor trust. Brunei–Neighbour Links: Timor-Leste’s deputy PM tours Brunei’s LNG and fertiliser facilities, while Sarawak eyes better rural connectivity and tourism—plus a proposed direct bus service between Miri and Brunei’s airport. Sports & Tourism: Sabah’s Rhinos edge DPMM 1-0; Kadamaian’s KAR Ultra 2026 gears up to draw 2,000+ runners.