AGP Executive Report
Last update: 7 hours agoAI and jobs in banking: Standard Chartered says it will cut 15% of corporate-function roles by 2030—over 7,000 jobs globally—while still hiring relationship managers in Singapore as it leans harder on AI and automation. Local talent pipeline: DBS counters the “AI replaces people” worry by planning to bring in 500+ young local hires this year across management associate, internship and traineeship programmes. Deepfake scam alert: Singapore Police released details of a Zoom deepfake fraud that impersonated senior officials and tricked a victim out of S$4.9m. Water industry push: Registration is now open for SIWW2026 Water Expo (16–18 Jun), with 450 exhibitors and 2,200 solutions on water treatment, recycling and digital/AI systems. Regional geopolitics: Xi Jinping is set to host “old friend” Vladimir Putin, days after Trump’s China visit, as China tries to project stability. Public sector shake-up (context): New Zealand’s plan to cut public service jobs and merge agencies echoes the wider AI-driven cost pressure theme across the region.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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