AGP Executive Report
Last update: 8 hours agoDigital Finance: Georgia’s central bank is targeting an instant-payments system and stronger cross-border links, while PhotonPay raised $40 million to expand its stablecoin-based payments platform. AI Infrastructure: Brookfield plans to invest up to $9 billion in a South Korean AI data-center project with Naver, backed by NVIDIA technology. Economic Outlook: India’s Finance Ministry estimates second-quarter growth at 7.35%, but warns that high crude prices could keep inflation elevated. Financial Crime: Canada’s auditor general says the financial intelligence watchdog takes about four months on average to share intelligence with police, and half of it arrives too late to help investigations. Banking: West Bancorporation reported third-quarter net income of $11.6 million, up from $9.3 million a year earlier, and declared a $0.26 dividend. Public Finance: Malaysia will retain its sales and service tax rather than restore GST, projecting SST revenue of RM73.3 billion in 2027.
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