AGP Executive Report
Last update: 4 hours agoChess Olympiad in Uzbekistan: India’s teams face a rough start in Samarkand as reports say players waited about five hours for hotel rooms after landing, with GMs Srinath Narayanan and Vidit Gujrathi calling the arrangements “terrible.” Sports at the Asian Games: Uzbekistan’s U-23 men thrashed the Philippines 5-1 in their opening match in Aichi-Nagoya, while Vietnam’s U-23 drew Kuwait 1-1. Tashkent business & finance: ABB Financial Group completed a controlling-stake acquisition of Uzbekistan’s Davr Bank, and Standard Chartered arranged a $115m yuan loan for Asakabank. Urban development: Vietnam’s ROX Group plans a $1.5bn Uchtepa City mixed-use district in Tashkent, targeting 20,000 jobs. Energy & safety: A fire at an oil storage facility in Bukhara injured three people with burns; authorities are investigating the cause. Social policy: Uzbekistan is considering raising the pension age (men to 63, women to 58) with gradual implementation from 2028. Banking & payments: India’s NPCI set a 0.4% merchant fee on UPI payments above Rs 2,000 from Oct 15, 2026.
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