AGP Executive Report
Last update: 10 hours agoMalaysia Budget: Budget 2027 is expected to support business competitiveness and productivity while narrowing the fiscal deficit to 3.3% of GDP. A RM1.2 billion push for semiconductor firms and expanded financing for entrepreneurs aim to build local industries; LTAT also plans stronger defence and pharmaceutical investments. US Economy: Employers added just 29,000 jobs in September as unemployment edged up, while consumer confidence fell to its lowest level in more than a decade amid persistent price pressures. Investment: GSK will invest more than $800 million to expand its Pennsylvania biopharma hub, creating over 300 jobs. Trade: China and the EU reached agreements on trade and investment issues, including steps to manage disputes over electric-vehicle exports. Business Climate: A US State Department report warned that insecurity, corruption and regulatory uncertainty continue to deter investment in Nigeria, despite signs of economic stabilisation.
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