AGP Executive Report
Last update: an hour agoPeople’s Economy & Budgeting: Malaysia’s Communications Minister Fahmi Fadzil says growth must show up in wallets, citing diesel subsidy retargeting and BUDI MADANI, while the Economy Ministry targets finishing 2027 development spending screening by mid-August ahead of the next Malaysia plan. ASEAN Strategy: Malaysia’s foreign minister argues ASEAN centrality should guide the region amid fragmentation, power rivalry, and geo-economic competition. Markets & Currencies: Bursa Malaysia slips at midday as investors rotate defensively; ringgit outlook looks steadier after the Fed holds rates, with West Asia tensions still supporting the dollar. Business Expansion: Ayala’s ACX Retail launches a platform to scale overseas consumer brands in the Philippines, using its logistics and real-estate reach. Finance & Inclusion: LANDBANK highlights awards for retail banking and digital services as BSP debates whether to tighten further. Global Risk Watch: AM Best warns reinsurance pricing faces pressure as capital piles up, testing underwriting discipline. Energy & Trade: Iran tensions keep oil and markets jittery, while Malaysia pushes maritime excellence with a Sept 28–Oct 2 global forum.
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