AGP Executive Report
Last update: 3 hours agoState Finances: Malaysia says RM5.88 billion in government-guaranteed Felda loans remained outstanding at Sept. 30, after RM3.04 billion in repayments. The government is also drafting a law to tighten oversight of state-owned companies, including investment approvals and board accountability. Energy Costs: The Finance Ministry says Tenaga Nasional’s additional tax claim will not automatically raise electricity tariffs or affect its ability to pay dividends. Budget & Business: Prime Minister Anwar Ibrahim says the 2027 budget will focus on easing living costs and spreading the benefits of growth. The government spent RM3.89 billion on cooking-oil subsidies in 2024–25, more than the RM3.28 billion it collected in palm-oil windfall levies. Business Conditions: A survey of Ukrainian companies found 28% are considering relocation options ahead of winter disruptions, while 60% have set up or plan alternative logistics routes. Jobs & AI: HSBC is reportedly planning job cuts across its UK wealth business as it pushes further into AI.
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