<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 7): Salcon Bhd’s wholly-owned subsidiary Salcon Engineering Bhd (SEB) has inked a memorandum of understanding (MoU) with Berjaya Infrastructure Sdn Bhd (BISB) to jointly pool their resources to undertake selected infrastructure projects within and outside Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>In a joint statement on Friday, BISB chairman Datuk Richard Curtis said its strategic partnership with Salcon will enable the company to strengthen its capabilities and seize opportunities to meet critical needs in the water and wastewater sector.</p></div>

<div class=newsTextDataWrapInner><p>BISB is involved in the operations, maintenance and management of water treatment plants and the supply of potable water to the concession areas in Perak and Kedah, as well as overseas in Indonesia and China.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“We are delighted to partner with BISB and the complementary nature of the partnership will enable us to bring our expertise and innovative solutions and services to our clients,” SEB chief operating officer Jamiluddin Amini Sulaiman said.</p></div>

<div class=newsTextDataWrapInner><p>At noon break, Salcon shares were unchanged at 24.5 sen, giving the group a market capitalisation of RM284.04 million. Its share price has risen 2.08% over the past 12 months.</p></div>


Salcon Bhd’s wholly-owned subsidiary Salcon Engineering Bhd (SEB) has inked a memorandum of understanding (MoU) with Berjaya Infrastructure Sdn Bhd (BISB) to jointly pool their resources to undertake selected infrastructure projects within and outside Malaysia.

Salcon teams up with Berjaya Infrastructure to undertake infrastructure projects

theedgemalaysia.com highlighted two stocks with positive momentum and one stock with negative momentum at Bursa Malaysia's afternoon close on Thursday.

Stocks with momentum on Nov 5, 2026: Aizo, Yinson, TRC Synergy

Any pullback in technology stocks following the US midterm elections could present a buying opportunity, said BIMB Securities, which expects long-term demand for artificial intelligence (AI) infrastructure to persist.

BIMB says buy the dip in tech stocks as AI demand remains intact

SD Guthrie Bhd (KL:SDG) reported a 21% decline in third-quarter earnings though the world’s largest palm oil producer by acreage is still confident of ending the year strong.

SD Guthrie reports 21% drop in 3Q earnings, says still on track for strong year

Indonesian authorities are taking “immediate enforcement action” against companies controlled by or affiliated with former Glencore plc nickel trader Arif Kurniawan, according to a government task force set up to crack down on illegal use of the country’s forests.

Indonesia targets ex-Glencore trader Kurniawan’s nickel empire

PERTH/BENGALURU (Nov 5): Australia's Woodside Energy on Thursday unveiled a new payout policy for investors and flagged it would axe more than 500 jobs globally, as it set out higher targets for cost cutting and return on capital.

Woodside Energy flags new dividend payout policy and job cuts

BANGKOK (Nov 5): Thailand's central bank governor Vitai Ratanakorn said on Thursday that a 2% rate of growth was not enough to sustain the economy.

Thailand central bank chief says 2% growth not enough

A benchmark Asian rice price climbed to the highest in almost two years, threatening to accelerate food inflation as the El Niño weather pattern disrupts production of the staple grain.

Asian rice price climbs near two-year high in inflation threat

JAKARTA (Nov 5): Indonesia's economy expanded 5.47% in the third quarter from a year earlier, official data showed on Thursday, faster than the 5.18% forecast in a Reuters poll.

Indonesia 3Q GDP growth at 5.47%, beats expectations

HONG KONG (Nov 5): Activist Joshua Wong, who became the global face of Hong Kong's pro-democracy movement, was sentenced on Thursday to 10 years in jail on a charge of collusion with foreign entities under the city's national security law.

Hong Kong activist Joshua Wong gets 10 years in jail on national security charge

THE proposed increase in the general minimum wage to RM2,000 and the starting wage for fresh graduates to RM2,500 brings into focus the issue of wage compression. While raising the wage floor can improve the incomes of lower-paid workers, it also raises questions about the returns to higher education. For young people weighing the cost of a degree against their future earnings prospects, a  relatively small wage differential at the point of entry into the workforce may make the investment appear less worthwhile.

Opinion: Minimum wage, education premia and technological change 

<p>KUALA LUMPUR (Nov 5): Shares of Capital A Bhd (KL:CAPITALA) and AirAsia Group Bhd (KL:AAGB) rose in early trade on Thursday, amid easing crude oil prices,&nbsp;although an analyst cautioned that the rebound may be short-lived given lingering geopolitical uncertainties.</p>


Capital A, AirAsia shares climb as crude oil prices ease further

<p>Malaysia’s central bank is expected to keep interest rates unchanged at its final policy meeting of the year on Thursday while signaling scope for a hike early in 2027 as economic growth remains strong.</p>


BNM set to hold overnight policy rate on strong growth, signal hike in 2027

<p>(Nov 5):&nbsp;The US government borrowed a record US$839 billion in a single week via its sales of Treasury bills and notes — both to repay holders of maturing debt and to raise the additional capital needed to finance the federal deficit.</p>

<p>Auctions of bills, floating-rate notes and Trea...

US Treasury borrows record US$839 bil in single week

<p>Asian chipmaking shares fell on Thursday as investors rotated away from the sector after the Democratic sweep in the US midterm election fuelled concern about greater regulation. Treasuries gained.</p>


Asian chip shares drop after US vote, bonds rise

<p>AS Malaysia continues accelerating towards Industry 4.0 with investments into smart logistics and connected infrastructure, businesses are deploying more IoT devices than before. Adoption momentum is also building, with 78% of enterprises surveyed by Beecham Research either already using eSIMs for IoT or planning to do so. This is in addition to recent trial rollouts from Malaysian telcos, such as CelcomDigi's industrial 5G-enabled intelligent warehouse and U Mobile's 5G-IoT logistics, demonstrating how connected technologies are becoming increasingly integral to business operations.</p>


Commentary: Why eSIM is becoming critical for Malaysia’s next phase of IoT growth

<p>Democrats vowed on Wednesday to use their resounding midterm victory to rein in US President Donald Trump, setting up two years of possible deadlock in Washington, as Trump spent his first post-election appearance showing off his under-construction White House ballroom.</p>


Democrats flex congressional majorities as Trump accepts electoral losses

<p>Brent oil pushed lower on Thursday after tumbling more than 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the war in the Middle East.</p>


Oil extends slide after plunging 8% on hopes to end US-Iran war

<p>Velesto Energy Bhd (KL:VELESTO) is now more attractive with a stronger earnings outlook as the last of its idle drilling rig returns to work, analysts said on Thursday.</p>


Velesto now more attractive as Naga 3 returns to work, analysts upgrade

<p>Elon Musk’s Texas-based empire is coming under investor scrutiny after Democrats clinched unlikely wins in his adopted state on their way to taking control of Congress.</p>


Texas blue wave erases US$130 bil from Musk stocks

<p>(Nov 4): Qualcomm&nbsp;has signed a multi-year agreement with SpaceX&nbsp;to supply radio equipment, baseband units and software for Starlink Mobile's planned nationwide terrestrial 5G ​network, as the Elon Musk-led space company seeks to challenge ‌established US wireless carriers.</p>

<p>The...

Qualcomm signs major 5G infrastructure deal with SpaceX for Starlink Mobile network

<p>Muar Member of Parliament Syed Saddiq Syed Abdul Rahman is working to settle his suit with the prime minister and the government over the withheld parliamentary allocation for his constituency.</p>


Syed Saddiq to settle suit against govt over withheld Muar allocation

<p>The government has announced a 50% toll discount from the normal rate for a two-day period in conjunction with Deepavali on Sunday.</p>


Govt announces 50% toll discount on Nov 6-7 ahead of Deepavali

<p>(Nov 5):&nbsp;Apple Inc. is reducing employee budgets for artificial intelligence usage as part of a cost-cutting effort, even as the company seeks to put AI at the center of its operations.</p>

<p>Last month, Apple quietly lowered the daily spending cap for some engineers using AI models to $...

Apple cuts internal AI usage budgets in move to reduce spending

<p>KUALA LUMPUR (Nov 5): Malaysia's minimum wage policy cannot be viewed in isolation but should be seen&nbsp;as complementing the targeted assistance, subsidy rationalisation and affordable healthcare measures to ensure workers' income gains translate into improved household well-being, said Finance Minister II Datuk Seri Amir Hamzah Azizan.</p>


Amir Hamzah: Minimum wage, targeted assistance part of broader economic balancing act

<p>SINGAPORE (Nov 5): DBS Group Holdings has reported net profit of S$2.8 billion for its 3QFY2026, down 5% year-on-year, on the back of a 1% dip in its total income to S$5.845 billion. Compared to the preceding 2QFY2026, net profit was down 9%.</p>


DBS 3QFY2026 net profit down 5% y-o-y on 'unfavourable' equity trading conditions

<p>Gold prices rose in early Asian trade on Thursday after posting their biggest daily gain since mid-August in the previous session, buoyed by a weaker dollar, while investors awaited this week's non-farm payrolls report for clues on the US Federal Reserve's (Fed) policy outlook.</p>


Gold rises after biggest daily gain since August, with US payrolls in focus

<p>Lawyers for Datuk Seri Jamil Khir Baharom have indicated that they will be filling several applications including a challenge to the charges against the former minister in charge of Islamic affairs.</p>


Jamil Khir's lawyer indicates filing of several applications, including challenge to Tabung Haji charges

<p>A Democratic sweep of Congress that highlighted opposition of the Iran war extended this week’s plunge in oil prices, helping drive stocks and bonds to big post-election gains.</p>


Stocks, bonds climb after US election as oil sinks

<p>BENGALURU (Nov 5): China has told Japanese investor SoftBank that it will not allow the US$5.4 billion acquisition of the robotics segment of Swiss engineering group ABB&nbsp;to go ahead, the <em>Financial Times</em> reported on Thursday, citing multiple people familiar with the matter.</p>
