AGP Executive Report
Last update: 6 hours agoMalaysia Growth & Inflation Watch: Bank Negara Malaysia reported 2Q 2026 GDP growth of 6.0% and said there’s no need to revise its 2026 growth view yet, while inflation edged up to 1.9% in 2Q; the central bank will reassess ahead of its Sept 3 MPC. Investment & Industrial Expansion: Intuitive Surgical plans nearly US$500m over five years to build a Penang manufacturing base, while Malaysia also eyes a Pulau Jerejak financial hub to back its tech push. Data Centres as a Growth Theme: DPS Resources is exploring a Melaka data-centre ecosystem with China Energy International, and Malaysia’s property sector is seeing new mixed-use JV deals. Trade & Logistics Pressure: Cebu business groups warn a proposed 25% port tariff hike could raise distribution costs and consumer prices. Energy & Markets: US inflation cooled in July, but Middle East tensions are already threatening energy-price relief. Corporate Moves: Uber and Rapido ended India merger talks over management control; Maple Leaf Foods posted stronger poultry-driven Q2 results. M&A & Exit Planning: Iowa advisers flagged active dealmaking and the need for succession planning as more owners look to sell.
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