AGP Executive Report
Last update: 22 minutes agoData-Centre Growth: ISF Group won RM83.2 million in contracts for a hyperscale data centre in Port Dickson, lifting its unbilled order book to RM225.5 million. GXO Logistics also opened a Medini hub in the Johor-Singapore SEZ to serve technology and advanced-industry customers. Manufacturing: Malaysia’s manufacturing PMI rose to 51.0 in October, returning to growth as new orders and output improved, partly on demand for AI-related products. Firms also increased hiring and purchasing, though supply-chain and cost pressures persist. Johor-Singapore SEZ: The zone recorded RM88.83 billion in approved investments from January 2025 to June 2026, with 45% realised and 28,755 potential jobs. Investment Pipeline: A Chinese delegation indicated plans for US$15 billion in Malaysian investments across sectors including semiconductors, digital infrastructure and halal food; the proposals are not yet confirmed commitments. Skills and Wages: Johari Ghani said some firms still offer TVET graduates minimum-wage pay comparable to that of foreign workers, despite their technical qualifications.
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