<div class=newsTextDataWrapInner>12MP: RM15b more will be invested by private sector to speed up nationwide 5G roll-out, says PM</div>
</div><div class=inPageAd id=div-gpt-ad-inpage>

12MP: RM15b more will be invested by private sector to speed up nationwide 5G roll-out, says PM

Malaysia must strengthen its domestic electricity transmission network to ensure grid stability and support greater cross-border power connectivity under the Asean Power Grid (APG) initiative, said Tenaga Nasional Bhd (KL:TENAGA) (TNB) head of grid development Shamsul Bahari Saad.

Stronger domestic grid crucial to Asean power connectivity, says TNB

Tech billionaire Elon Musk joked on Wednesday about Republicans' defeat in US midterm elections after spending hundreds of millions of dollars to help the party.

Elon Musk jokes about GOP election defeat after spending record sums on party

Public Bank Bhd (KL:PBBANK) has established a RM20 billion Islamic medium-term notes (sukuk murabahah) programme, allowing the bank to issue senior and subordinated sukuk from time to time.

Public Bank sets up RM20 bil 30-year sukuk programme

E5: Google to invest US$15 bil in Malaysia in 2027, 2028

US private payrolls growth increased further in October, the ADP National Employment Report showed on Wednesday.

US private payrolls rise in October, ADP says

Waja Konsortium Bhd (KL:WAJA) has secured a RM190 million contract to undertake the construction of a serviced apartment and affordable townhouse development in Johor Bahru.

Waja Konsortium bags RM190 mil construction contract in Johor Bahru

Global companies said on Wednesday that Democrats' capture of the United States Congress is unlikely to change their near-term outlook, as businesses struggle with higher costs of energy and raw materials and a stretched US consumer.

US Democratic win unlikely to ease firms' cost, tariff woes in near term, executives say

Chinese tech giant Tencent on Wednesday released Hy4, a new artificial intelligence (AI) model it said was designed with limits intended to reduce the risk that it could be used for cyberattacks or harmful biological research.

Tencent rolls out AI model trained with limited cybersecurity data amid hacking fears

Ni Hsin Group Bhd (KL:NIHSIN) has teamed up with Chinese firm Horwin International Inc to manufacture electric motorcycles for exclusive distribution in Malaysia and Türkiye.

Ni Hsin partners China’s Horwin to make electric motorcycles for Malaysia, Türkiye

Paramount Corporation Bhd (KL:PARAMON) said on Wednesday it will jointly develop serviced apartments with Japanese firm Mitsui Fudosan.

Paramount partners Mitsui Fudosan to develop RM1.3 bil residential project, targets 60% take-up in first year

Several major roads and areas in Selangor were affected by flash floods following continuous heavy rain since early Wednesday, with a bridge along Jalan Kubu Gajah spanning Sungai Subang in the Petaling district collapsing.

Flash floods affect several Selangor roads, bridge collapses

Tan Sri Muhammad Shafee Abdullah, the lead defence counsel for imprisoned Datuk Seri Najib Razak, said that he has no knowledge of rumours that the former prime minister is expected to pay the RM50 million fine on Wednesday, which would pave the way for Najib to start serving his house arrest.

Shafee says no knowledge Najib to pay RM50m fine today

The group of six Negeri Sembilan deposed Undangs and chieftains will have to answer the committal proceedings at the Seremban High Court.

Negeri Sembilan’s deposed Undangs, chieftains fail to stop committal proceedings

Non-bank financial institutions (NBFIs) do not fall under the regulatory framework of the Securities Commission Malaysia (SC), the Ministry of Finance (MOF) said.

LTAT, EPF, KWAP, Socso and Amanah Raya not under SC regulatory framework — MOF

Oriental Kopi Holdings Bhd (KL:KOPI) appears unscathed from a public uproar over its menu language, with little impact on revenue and minimal cost, said an analyst.

Business as usual at Oriental Kopi despite menu language uproar — analyst

If Bank Negara Malaysia (BNM) implements a surprise overnight policy rate (OPR) hike on Thursday, banks with higher domestic loans and floating-rate loans would be the primary beneficiaries while leaving other banks behind, according to an analyst from BIMB Securities Sdn Bhd.

Alliance Bank and AMMB to benefit most if OPR hiked unexpectedly — BIMB

The Malaysian Anti-Corruption Commission (MACC) has arrested three individuals, including a Datuk, for allegedly offering about RM1 million in bribes to police personnel.

Businessman with 'Datuk' title among three held over alleged RM1m bribes to police

Google will invest US$15 billion (RM61 billion) in Malaysia over the next two years, covering energy efficient data centres, upskilling 800,000 Malaysians, water security and one gigawatt of clean energy.

Google to invest U$15b in Malaysia in 2027 and 2028

IOI Corp Bhd (KL:IOICORP) is looking to lease out more of its plantation land for solar projects as it seeks to diversify its income streams beyond palm oil, said group managing director and CEO Datuk Lee Yeow Chor.

IOI Corp eyes leasing more plantation land for solar projects to diversify income stream

The government will disburse RM1.1 billion in Phase 4 of the Sumbangan Tunai Rahmah (STR) cash aid programme to 5.4 million recipients, with payments to existing beneficiaries starting on Wednesday (Nov 4).

STR payments from Nov 4: Households to get up to RM500, single seniors RM150

Malaysia’s bond market, highly-convinced of a policy rate hike this week, will be proven wrong once again, according to BIMB Securities.

BIMB Securities: Bond market will be proven wrong on BNM’s rate decision

As court payment counters closed for the day, imprisoned former prime minister Datuk Seri Najib Razak has yet to pay the RM50 million fine which would pave the way for him to start serving the remainder of his prison sentence at home.

Najib yet to pay RM50m fine as court payment counters close for the day

Sime Darby Property Bhd (KL:SIMEPROP) is laying the groundwork for its future growth, as it explores two primary avenues for expansion, including a potential&nbsp;real estate investment trust (REIT)&nbsp;listing by 2028, according to Maybank Investment Bank.

Sime Darby Property mulls REIT listing by 2028, to bank on heavy industrial parks, says Maybank IB

The Court of Appeal has given the prosecution until February&nbsp;3 to make further efforts to locate Muhammed Yusoff Rawther and serve him a notice to attend the hearing of its appeal against his acquittal on charges of drug trafficking and possession of fake pistols.

Court gives prosecution more time to locate Yusoff Rawther for acquittal appeal, rejects Zoom hearing to avoid setting precedent

Velesto Energy Bhd (KL:VELESTO) said on Wednesday it has secured a contract for its jack-up drilling rig Naga 3 to serve national oil and gas company PETRONAS.

Velesto gets contract for Naga 3 drilling rig

Paramount Corporation Bhd (KL:PARAMON) said on Wednesday it will jointly develop serviced apartments with Japanese firm Mitsui Fudosan.

KUALA LUMPUR (Nov 4): Yes Group Management Bhd is accepting applications for its shares at 18 sen per share for the travel agency’s listing on the ACE Market.

Travel agency Yes Group launches ACE Market IPO at 18 sen per share

The government on Wednesday announced the formation of an independent board to provide leadership, oversight, and monitoring of MediAsas plans moving forward.

Govt forms independent MediAsas board

Princeton Digital Group (PDG) has secured US$1.3 billion (RM5.3 billion) in green financing for its JH1 campus in Johor.

Princeton Digital Group secures US$1.3b green financing for Johor project

Rakuten Trade has resumed online buy and sell order placement for Bursa Malaysia stocks through its iSPEED.my app.