AGP Executive Report
Last update: 6 hours agoMalaysia Outlook: Kenanga Investment Bank raised its 2026 producer-price growth forecast to 7.4% from 6.4%, citing costly energy and climate risks. Separately, Malaysia’s digital economy is projected to expand 20% to $48 billion in 2026, matching Vietnam for Southeast Asia’s fastest growth. UK Economy: The OBR cut its 2027 growth forecast to 1% from 1.5% as Middle East conflict lifts energy costs; inflation could near 4%. Housing: The Bank of Canada raised its rate by a quarter-point to 2.5% and warned that higher borrowing costs and affordability pressures will weigh on home buying and construction. AI Infrastructure: Vertiv’s third-quarter orders more than doubled year over year, prompting the data-center equipment maker to raise its 2026 sales and earnings outlook. Freight Rates: Werner expects early contract bids to bring average double-digit rate increases as the truckload market tightens, though it said a full-year pricing forecast is premature.
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