AGP Executive Report
Last update: 7 hours agoFactory Pulse: Malaysia’s manufacturing PMI rose to 51 in October, as stronger orders lifted output and hiring, but freight and material costs accelerated and port congestion kept delivery times under pressure. Growth also continued in Japan, South Korea, Taiwan, Vietnam, Thailand and Indonesia, though it slowed in several markets. EV Supply Chains: Malaysian auto-parts makers risk missing out on China’s EV expansion, as Chinese automakers rely on their own suppliers and locally assembled EVs have relatively low domestic content. Capacity Investments: India’s Mivi opened a ₹200-crore electronics factory in Hyderabad, while a €15-million EBRD loan will help Selzer Automotive Bosnia expand production of electric- and hybrid-vehicle components and add at least 100 jobs. Industrial AI: Chinese robotics companies are shifting investment from hardware toward AI that helps robots learn and adapt, as competition increasingly turns on machine intelligence.
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.