AGP Executive Report
Last update: 9 hours agoIndonesia: Vice President Gibran Rakabuming Raka’s resignation deepens uncertainty in Southeast Asia’s largest economy, where investor confidence has already weakened amid concerns over fiscal plans and policy direction. Malaysia: The World Bank says domestic demand and investment support a positive outlook, but warns that trade tensions and weaker global demand pose risks. Economy Minister Akmal Nasrullah is urging better-targeted SME financing to lift productivity, wages and job quality. US Inflation: October inflation rose to 4% year over year, broadening pressure beyond fuel and tariffs and prompting Fed officials to consider faster rate hikes—a prospect that could raise borrowing costs for households and businesses. Energy and Climate: COP31 leaders are making the economic case for renewables, arguing that reliance on imported fossil fuels exposes countries to price shocks that drive up household bills and inflation. India: The rupee strengthened to its highest level since April, helped by foreign investment inflows and softer oil prices, though it remains down about 4% this year.
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