AGP Executive Report
Last update: 10 hours agoMalaysia’s Growth: Industrial output rose 6.3% year over year in September, led by a 9.4% manufacturing gain, while mining contracted. The country is also seeking to reduce reliance on traditional export markets by targeting Africa, Latin America and Central Asia. China Trade: The China International Import Expo generated fresh deals, including a 100-million-dollar purchase agreement and a plan for a Chinese seafood processor and Norwegian supplier to build a salmon base. Singaporean firms are using the event to find partners beyond China, too. AI Readiness: Just 8% of companies say their data is fully prepared for large-scale AI, even as 65% plan to raise spending — a gap that could limit returns. Chip-Sector Scrutiny: Reports linking Nvidia chief Jensen Huang to Chinese businesswoman Alice Huang have drawn US intelligence and export-control attention; Nvidia’s board is investigating, while the allegations remain unverified. Climate Risk: IFAD warns a strong El Niño could cost the global economy as much as $11 trillion. Africa Finance: The African Development Bank and Trade and Development Bank expanded a $200 million facility to finance businesses.
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