AGP Executive Report
Last update: 6 hours agoGlobal Growth Watch: NZIER’s June outlook shows New Zealand GDP growth for the year to March slipping to 0.6%, with household confidence hitting a three-year low as fuel and higher mortgage rates squeeze budgets and residential property sentiment stays “especially depressed.” AI & Skills: Malaysia is mapping which sectors will be hit by AI and pushing upskilling and reskilling, with a focus on preparing workers and universities for new roles in the AI era. Trade & Deals: Malaysia’s trade surged in Jan–May 2026, driven by AI-linked semiconductors and stronger E&E exports, while Malaysia and Bangladesh move toward a fast-track free trade agreement. Geopolitics & Procurement: China bars government purchases from 46 US defense firms, escalating trade friction. Business Finance: Ajinomoto Malaysia’s parent proposes taking the company private via a selective capital reduction, aiming to make AMB a wholly owned subsidiary. SME Pressure: Canada’s small-business lobby says Ottawa failed to deliver meaningful relief as costs keep rising. Tax Compliance: Sri Lanka’s VAT/SSCL registration threshold is being cut, requiring many service and trade businesses to register from July 1.
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.