AGP Executive Report
Last update: 8 hours agoMonetary Policy Watch: Bank Negara Malaysia kept the overnight policy rate at 2.75%, with the governor stressing decisions will stay data-dependent; analysts still see limited urgency for a move as growth firms and inflation remains contained. Parliament & Competition: The Dewan Rakyat’s third week saw passage of Competition (Amendment) Bill 2026 and Competition Commission (Amendment) Bill 2026 to tighten action against anti-competitive practices in the digital economy, alongside debate on SUHAKAM’s 2024 annual report. Cross-Border Trade Boost: Anwar Ibrahim and Thailand’s Anutin Charnvirakul launched the new road linking Bukit Kayu Hitam ICQS and Thailand’s Sadao CIQ, with the old Bukit Kayu Hitam–Danok crossing set to close, aiming to cut delays and lower logistics costs under a special economic border zone plan. Tourism Push: Tourism Malaysia is rolling out Citrawarna 2026 accommodation promotions across the Klang Valley and beyond, running mid-July to mid-August, to support VM2026 arrivals. Tech & Industry Moves: Chuhang Tech officially started operations at its Kuala Lumpur overseas production base for millimetre-wave radar R&D and production, while HashMicro launched HashMicro X and Hashy OS with AI-native manufacturing automation for APAC. Digital Payments Deal: Xendit acquired Dragonpay’s integration, expanding Dragonpay merchants’ access to Xendit’s regional payment methods, payouts and cross-border capabilities. Regional Trade Talks: Malaysia and Thailand are working through technical requirements for sea bass and prawn trade to resolve concerns without treating it as a dispute.
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.