AGP Executive Report
Last update: 8 hours agoAI & Digital Economy: Malaysia launched its MD2030 Action Plan (2026-2030) to shift from using tech to producing home-grown AI, with tighter public-sector data control and internal digital service development. Trade & Investment: Malaysia and the EU wrapped talks on five MEUFTA chapters, aiming to finish by 2027, while an Italy-Malaysia business mission brought 35 Italian firms to pursue deals in infrastructure, energy transition, and advanced manufacturing. Energy Markets: Malaysia’s gas industry leaders urged full liberalisation—especially removing the RM35 power-sector gas price cap—to attract more international players. Banking & Finance: Euro zone corporate lending hit a three-year high as ECB data showed faster loan growth in May; Nigeria saw two banks complete a merger to form ProvidusUnity Bank. Corporate Moves: Zerodha filed for SEBI merchant banking approval to enter investment banking, and Korean Air won approval to merge with Asiana for a December launch. Business & Consumer: Zomato rolled out “Food Reimbursements” for enterprise meal expense automation, and Bolt reported its first net profit as revenue rose. Regional Growth: Kedah approved RM1.4bn in investments (50 projects) and Indonesia reiterated resilient fundamentals amid global risks.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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