AGP Executive Report
Last update: 23 minutes agoBorneo Investment: Malaysia’s investment agency is urging Sabah, Sarawak, Brunei and Indonesian partners to build shared value chains and ease cross-border business. Sabah and Sarawak attracted less than 7% of Malaysia’s approved investment last year, despite covering about 60% of its land. Rural Resilience: A US$112.3 million ADB-backed project aims to help 200,000 Cambodian smallholder farmers withstand heat, drought and floods, with women included in local decision-making. Asia-Europe Links: Lufthansa has restored nonstop Kuala Lumpur–Frankfurt flights, operating five times a week and strengthening Malaysia’s links with Europe. Strategic Ties: Germany and Singapore agreed to deepen cooperation in security, trade, green energy and AI as Chancellor Friedrich Merz began an Asia tour. China’s Youth: Mao-era nostalgia is gaining ground among young Chinese, with a viral video portraying the Cultural Revolution as egalitarian before censors removed it. Markets: Asian chip shares rebounded after Anthropic filed for an IPO, led by gains in South Korea and Japan as investors weigh the AI boom’s profit potential and risks.
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