AGP Executive Report
Last update: 8 hours agoSemiconductor & advanced manufacturing expansion (Malaysia): Liftech Group Bhd, an ACE Market debutant, says it’s targeting growth tied to Malaysia’s push into semiconductors, aerospace and data centres, using IPO proceeds to expand in Penang and open a new Kota Kinabalu facility for East Malaysia. Solar supply chain (US): Waaree Solar Americas won a 236.22 MW utility-scale module supply contract for Kentucky, with modules made at its Brookshire, Texas plant—another push for domestically manufactured PV. Energy storage buildout (BESS): Pace Digitek/Lineage Power is nearing commissioning of a 2.5 GWh BESS line and aims to scale to 10 GWh by Q3 FY2027. China manufacturing momentum vs margins: China’s manufacturing PMI rose to 50.3 in June as new orders rebounded, but factory-gate prices kept pressuring profits. Apple supply-chain cyber risk (India): Reuters reports ransomware-linked leaks from Tata Electronics exposed sensitive iPhone 18 Pro supplier/component mapping and prototype photos, raising counterfeiting and competitive risks. Industrial output (India): India’s IIP grew 5.1% YoY in May; manufacturing rose 5.5% YoY. Industrial compliance (US): EPA approved BASF’s plan for groundwater and perimeter controls at its Wyandotte, Michigan site to prevent pollution reaching the Detroit River. China+1 reality check (Asia): Oxford Economics says the Philippines has captured virtually none of China’s manufacturing diversification, while Vietnam and India are gaining mainly in electronics and select consumer goods.
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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