AGP Executive Report
Last update: an hour agoMalaysia Rates: Bank Negara held its benchmark rate at 2.75%, with economists citing growth above 5% and contained inflation. A rise to 3% in 2027 remains possible if food and energy costs spread. Canada’s Budget: Economists urged restraint as Mark Carney prepares a spending plan amid U.S. trade tensions and rising fuel costs, warning that new commitments could widen deficits despite higher oil revenues. Indonesia Growth: Third-quarter GDP rose 5.47% year on year, beating forecasts; the government is targeting 5.4% growth for 2026. Australian Productivity: A Productivity Commission report says more dynamic businesses and stronger management are needed to reverse decades of stagnation and support higher wages. 6G Investment: Next-generation networks could add $1.24 trillion to global GDP by 2040, but inadequate spectrum could put $520 billion of that value at risk. Ethiopia’s GDP: Revised national accounts put the economy at $210.7 billion, 59% above the previous estimate. The change improves debt ratios on paper, but actual debt and servicing costs are unchanged.
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.
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