AGP Executive Report
Last update: 10 hours agoHan Kuang 42 Drills: President Lai Ching-te inspected Han Kuang exercises in Taoyuan as Taiwan tested counter-invasion coordination, air defense deployments, and even simulated use of the MRT for rapid mobilization. Drone Defense Push: Taiwan is building fleets of flying drones and unmanned attack boats to make any Chinese landing “hellscape”-style, using swarms plus counter-drone efforts learned from Ukraine. Airport Denial Test: For the first time, U.S.-made M1A2T Abrams tanks were deployed inside Taoyuan International Airport during the drills, aiming to delay and deny an airborne assault while keeping the airport usable. Defense Budget: Taiwan plans to raise its 2027 defense budget by about 16% to modernize air and maritime capabilities and strengthen early warning and defense industry re-equipment. Export Outlook: Taiwan’s exports surged 32.9% in July on AI demand, and the Ministry of Finance expects total exports to top US$850B in 2026. TSMC Longtan Update: Longtan Phase 3 is back on track, with TSMC planning 1.4nm fabs plus advanced packaging at the same site after local opposition eased. Typhoon Dolphin Disruptions: Typhoon Dolphin battered northern Taiwan with heavy rain, ferry suspensions, and flight cancellations, while China evacuated over a million and canceled more than 1,300 flights around Shanghai.
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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