AGP Executive Report
Last update: 8 hours agoGlobal Outlook: The IMF sees growth slowing to 3.1% in 2026 from 3.5% last year, before a recovery to 3.4% in 2027. Higher energy prices tied to the war-related supply shock weigh on the outlook, while AI demand supports growth in some economies. Trade: Malaysia aims to sign a free-trade deal with the EU by June 2027, with nearly 80% of negotiations complete; palm oil and automotive issues remain unresolved. Payments: Visa won China’s approval to begin preparations for a domestic bank-card clearing business, but must clear further regulatory steps before operating. AI Investment: SWI Group raised $894 million to expand data-centre and AI computing projects, as former bitcoin-mining infrastructure shifts toward AI. Company Moves: India’s Mesa School of Business raised $11.6 million to expand programmes and AI-led learning, while Kalpataru Projects secured orders worth about ₹2,225 crore. Enterprise Tech: Safaricom launched a managed SD-WAN service to help businesses oversee connections across offices and cloud applications.
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