AGN Afternoon Update | 18 April 2025
Power, Hospitality & Tariffs: The Afternoon That Redefined Trade and Travel

Malaysia: Sarawak’s green economy just got a major boost. InvestSarawak and China Energy Engineering signed an MoU to develop renewable energy infrastructure worth RM6 billion. The two-gigawatt project is part of the state’s vision to lead in low-carbon manufacturing and hydrogen under PCDS 2030.

International: Global hospitality is shifting gears. JLL’s 2025 outlook predicts more lifestyle hotels, AI-driven personalization, and rising influence from Indian and Saudi Arabian tourists. Hotel giants are aggressively investing in branding, co-living, and hybrid experiences to meet the demands of post-pandemic travelers.

Asia: US consumers are making a last-minute dash to Chinese e-commerce apps like DHgate before new tariffs hit on May 2. The viral trend is revealing how deeply global manufacturing is tied to China. But experts warn of product quality concerns, counterfeit risks, and logistical hurdles, especially as these platforms shift from B2B to direct-to-consumer.