AGP Executive Report
Last update: 5 hours agoBrunei Royal Update: Sultan Hassanal Bolkiah has stripped his daughter-in-law, Pengiran Raabi’atul Adawiyyah (wife of Prince Abdul Malik), of her royal title and style with immediate effect, citing “unbecoming” conduct and disrespect that tarnished the monarchy’s name, though no specific allegations were detailed. Energy & Industry: SLB has been awarded by Brunei Shell Petroleum to support production restoration from shut-in wells across multiple offshore fields, covering subsurface work, well selection, engineering, offshore execution, and integrated intervention and logistics. Climate Tech with Local Link: Neocrete, a New Zealand climate technology firm, raised US$3.5m in funding led by Wavemaker Ventures, with Temasek Trust’s C3H joining; the company says its additives are already being used in Brunei by Readymix Brunei, including work tied to the Muara Port redevelopment. Regional Security Watch: The Philippine Navy will join an ASEAN-India Maritime Exercise in September (Sept 28–Oct 2) with Brunei among participating navies, aiming to boost maritime security cooperation. Regional Trade Pressure: Maersk increased peak season surcharges by US$400 per container for imports to Maldives and Sri Lanka, with Brunei listed among affected origins.
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