AGP Executive Report
Last update: 9 hours agoMalaysia Economic Outlook: Malaysia’s economy is growing 5.8% in Q2 and is now 7.1% below the World Bank high-income threshold, with the OECD forecasting ~5% growth in 2026-27; Economy Minister Akmal Nasrullah says the priority is fixing the structural wage problem before expanding the personal income tax net. Energy Security: Malaysia is diversifying fuel sourcing as Strait of Hormuz risks linger, boosting biodiesel blending from B10 to B15 to keep supplies stable. Digital Infrastructure Finance: Sime Darby Property’s New Economy Venture set up a green sukuk programme up to RM2.6bn to fund build-to-suit data centres and logistics assets. Philippines Budget Push: Senate and House leaders flagged 2027 budget timing and cost-of-living measures, including a bill to raise take-home pay and expand tax relief for workers. India Digital Demand: India’s data centre capacity could jump to 12 GW by 2030 on AI-led power demand, while telecom growth continues with subscribers reaching 1.348bn in June. EV Policy & Manufacturing: India says its EV approach goes beyond incentives, pairing demand support with PLI and phased component manufacturing. China Tech & Trade Signals: China’s EV charging network hit 23.06m facilities (+43.2% y/y), and foreign firms show renewed CIIE optimism as import expo commitments top 1,200. Misinformation & Platforms: Singapore warns of AI deepfake Jack Ma videos driving misinformation, while India presses Meta after a Modi Facebook video was briefly blocked. Markets & Investment Mood: Nigeria’s stock market added N74tn in value over a year as investor confidence rises; Egypt leads Africa in FDI inflows for a fourth straight year.
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