From urban innovation to biotech transformation, AGN breaks down Malaysia’s biggest moves today
🇲🇾 Malaysia
- The government announces a 102-acre ‘Madani City’ project in Putrajaya, aimed at housing over 30,000 people using AI and green tech.
- The MACC secures court approval to freeze £132M (RM758.2M) in UK assets linked to the late Daim Zainuddin’s wife, including luxury properties and accounts.
🌍 International
- The US and China face renewed tensions as Beijing leverages its rare earth dominance in trade talks.
- Nearly 70% of rare earth metals crucial to high-tech and defense industries come from China, giving it significant strategic leverage.
🌏 Asia
- China’s grip on global mineral exports gives Xi Jinping a bargaining chip against Washington, with Trump pushing for tariff compliance and easing tech curbs.
🧬 Alps (Wednesday only)
- ALPS Global Holding Berhad, valued at USD1.6B, expands affordable access to advanced therapies in Malaysia.
- Key focus areas: stem cells for diabetes, iPSC for cardiac repair, mRNA vaccines, CAR-T therapies, and global clinical ecosystem development.
- MIDA’s endorsement positions ALPS as a Southeast Asian leader in biotech.
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