AGP Executive Report
Last update: 4 minutes agoMalaysia Economy & Industry: Malaysia’s MITI says subsidy rationalisation can protect MSME margins and keep the country competitive if rolled out gradually, targeted, and paired with support—pushing automation for MSMEs, EV and green-energy infrastructure, and skills for a shift to higher-value industries. Aviation & Trade: IATA reports global air cargo demand rose 6% in May, with Asia-Pacific up 8% year-on-year, while Middle East carriers saw a 8.9% contraction as war-related impacts linger. Energy & Consumer Impact: India will lift temporary petrol and diesel sale curbs from July 1 after fuel supplies stabilised following West Asia disruption fears. Banking: Asia United Bank (AUB) approved a capital stock increase to P72.5B and set cash and stock dividend proposals, pending shareholder and regulatory approvals. Aviation Business: Malaysia Airports is accelerating post-privatisation transformation to improve governance, project delivery and passenger experience across its network. Cross-border Compliance: FedEx says many APAC exporters are still unprepared for new US CPSC product safety e-filing rules starting July 8, warning of potential shipment delays. Digital Trust for SMEs: Kaspersky and Digital Penang partner to boost cybersecurity readiness for Penang’s MSMEs under the state’s digital economy plan.
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.