AGP Executive Report
Last update: 8 hours agoDefense Budget Watch: Japan’s Defense Ministry is set to request a record ¥8.9 trillion for fiscal 2027, with spending tied to AI-enabled warfare, long-range counterattack capabilities, and a stronger defense industrial base. Maritime Security: India and Japan signed a maritime security cooperation MoA, aiming to deepen information sharing (Maritime Domain Awareness), expand search-and-rescue and HADR, and coordinate sea-lane protection across the Indo-Pacific. Hydrogen Supply Chain: Asahi Kasei won Kanagawa and Kawasaki incentives to expand alkaline water electrolysis manufacturing, targeting at least 2 GW each for cell frames and membranes by 2028. Circular Packaging: Indorama Ventures’ Indovida JV will bring flake-to-preform (FtoP) direct recycling to Thailand, with recycled PET preforms equivalent to ~400 million bottles a year starting in 2028. Industrial Automation in Asia: Epson Precision Philippines will add industrial robot production at its Batangas facility, with operations targeted for March 2027. Semiconductors & AI Hardware: Socionext will use Intel 18A-P process tech to develop custom SoCs for datacenters and AI/HPC, starting with a high-performance compute chiplet. Logistics & Airports: L&T won up to ₹5,000 crore for Dubai’s Al Maktoum Airport automated people mover, partnering with Mitsubishi Heavy Industries. Retail Ops: Japan’s convenience store sales rose 0.7% in July, but customer visits kept falling for the 13th straight month.
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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