AGP Executive Report
Last update: 8 hours agoTrade: Malaysia aims to sign its EU free-trade deal by June 2027, with nearly 80% of negotiations complete; palm oil and automotive issues remain unresolved. The government says semiconductor exports to the US remain tariff-exempt for now. Public finances: Police are investigating allegations involving MyEG and Zetrix AI’s handling of government collections, while Sime Darby plans to challenge RM150.18 million in tax assessments. Investment: Yingde Gases has opened a 300-tonne-a-day industrial gas plant near Kuala Lumpur and plans further Malaysian expansion. RedPlanet’s public IPO tranche was oversubscribed 85 times ahead of its ACE Market listing. Technology and infrastructure: Budget 2027 sets aside RM6 billion for research and commercialisation, while Johor says it will vet data centre proposals for water efficiency and green technology. Sarawak also plans unified port oversight to improve logistics and trade. Markets: Bursa’s benchmark rose 0.33% as investors bought banking and healthcare stocks. The IMF projects 3.1% global growth in 2026, citing AI demand as a lift for Malaysia and other suppliers of technology components.
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