AGP Executive Report
Last update: 4 hours agoMalaysia’s Logistics Hub: Daiso opened its largest global distribution centre in Pulau Indah, a RM1.2 billion facility serving 27 countries, and partnered with PKT Logistics. Westports’ container capacity is expected to double to 28 million TEUs, with a third Port Klang port also approved. Global Expansion: Adani Ports agreed to buy European liquid-storage operator Evos for €2.56 billion, adding eight terminals across five countries. Shein will invest €500 million to expand its Polish logistics hub, adding about 2,000 jobs and 6,500 sorting robots. Supply Chain Costs: Swire Shipping will raise fuel surcharges on selected routes from Nov. 15 as pressure on freight costs persists. Maersk, meanwhile, lifted its 2026 profit forecast again, citing strong ocean rates. Regional Infrastructure: Namibia launched a $2.5 billion fuel-storage and pipeline project at Walvis Bay, targeting more reliable supplies for the country and its landlocked neighbours.
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