AGP Executive Report
Last update: 10 hours agoEV Manufacturing Push (Philippines): President Marcos signed EO No. 121 launching the EV Incentive Strategy (EVIS), offering fixed investment and production volume incentives to spur domestic EV production and build a regional manufacturing ecosystem. Industrial Growth (Malaysia): Malaysia’s economy grew 5.8% in Q2 2026, with manufacturing up 6.6% and electrical/electronics sales rising 26.4% in May. Semiconductor Supply Chain (US/Arizona): Linde will invest about $1B in Arizona to expand ultra-high-purity gas capacity for a major semiconductor customer, adding two air separation units. Macro Headwinds (China): China’s manufacturing PMI fell to 49.2 in July as extreme weather and weaker demand pushed new orders to 48.5. Robotics Export (China): Chery’s AiMOGA humanoid robots topped 2,000 cumulative deliveries, reaching 60+ countries. Power Equipment (India): Sterling Green Power Solutions opened a Pune-area plant to build 100–750 kVA diesel generator sets, targeting commercial and industrial demand. Manufacturing Tech (UK/EU): NCMT will launch Makino BX3 EDM in Europe at a turbine manufacturing event in Coventry. Business Expansion (Spain): Indra opened an €18M plant in As Pontes to integrate military vehicles, creating 70–120 skilled jobs.
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.
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