AGP Executive Report
Last update: 9 hours agoGrowth: Malaysia’s economy expanded 5.3% in the third quarter, down from 6% in the previous quarter, while manufacturing strengthened to 7.5%. Singapore’s growth also eased, to 5.4% from 6.2%. Business Investment: Malaysia’s 2027 budget sets aside RM400 million for industrial development funds and offers grants to help small businesses expand. A new digital-creative roadmap targets RM9 billion in revenue and 10,000 high-value jobs by 2030. Trade Infrastructure: The US pledged $17 million to digitise Colombo port operations, aiming to speed cargo processing and lower shipping costs. Corporate Outlook: Emaar reported a Dhs180 billion sales backlog and a 98% collection rate, as cancellations eased. Gulf investor confidence remains strong despite war-related uncertainty. Policy Risks: A Russian economist warned that a state sector nearing 39% of GDP could weigh on growth, as tax uncertainty is already delaying business investment.
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