<div class=newsTextDataWrapInner><p data-qa-component="item-headline" data-rc-highlight="headline">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.</p></div>

<div class=newsTextDataWrapInner><p>The central bank has forecast growth of 2.4% this year and 2.1% next year.</p></div>

<div class=newsTextDataWrapInner><p>The economy may slow early next year after the end of government stimulus measures, he said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>A change in the methodology of Thailand's manufacturing production index is expected to boost growth by 0.1 to 0.5 percentage points.</p></div>

<div class=newsTextDataWrapInner><p>He reiterated that cutting rates would not help address Thailand's structural problems.</p></div>

<div class=newsTextDataWrapInner><p>Last week, the central bank left its key interest rate unchanged at 1.00%.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>


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

(Nov 5): Shares of Elon Musk's companies ‌SpaceX and Tesla slumped on Thursday, extending losses from the previous session, as investors worried that Democratic wins in the US midterm elections could slow data center build-outs.

SpaceX, which has leaned into the ​AI data ...

SpaceX, Tesla extend losses as midterm results cloud data center, merger outlook

A post-election slide in chipmakers snowballed as investors bailed from technology shares on speculation that congressional Democrats will clamp down on the artificial-intelligence industry.

S&P 500 sinks 4% as AI washout rattles Wall Street

The Nasdaq Composite looked set to confirm a correction on Thursday, with chipmakers tumbling, after the Democrats' sweeping victory in midterm elections fueled fears of tighter artificial intelligence (AI) regulation.

Nasdaq set to confirm correction as AI stocks tumble

Paraguayan President Santiago Peña stepped down on Thursday after the collapse of a major commercial bank with ties to his government plunged the South American nation into financial and social turmoil.

Bank collapse topples a president and Trump ally in Paraguay

Shares of semiconductor stocks plunged on Thursday, extending a recent selloff as investors turn sceptical on the artificial intelligence (AI) trade after the Democrats dominated the midterm elections.

Chips selloff worsens as fears about AI trade grip stock market

Voters in the Melaka state election are urged to choose elected representatives who have a "direct line" to the Prime Minister's Office to ensure smooth development processes and the protection of local residents' welfare.

Melaka polls: Choose candidates who have 'direct line' to PM's office — Anwar

Emerging economies’ external debt climbed to a record US$9.4 trillion (RM38 trillion) in 2025, according to the World Bank, boosted in part by the poorest nations facing borrowing cost levels unseen since the 1980s.

Poorer nations face highest debt costs since 1989, World Bank says

The government has agreed to provide flexibility regarding the existing moratorium on the export of raw rare earth element (REE) materials through the Guidelines for the Conditional Export of Raw Rare Earth Elements in order to attract potential investors.

Govt grants flexibility in rare earth element export moratorium to attract investors

DAP is focusing on retaining the four seats it currently holds in the 16th Melaka state election, its secretary general Anthony Loke Siew Fook said.

Melaka polls: DAP focused on retaining four incumbent seats, seeks to win three more

Micron Technology Inc has suspended plans for a memory chip plant in Taiwan due to a protracted labour dispute, according to people familiar with the matter, throwing into question the fate of a major production base for crucial artificial intelligence (AI) components.

Micron said to pause work on US$4.5 bil Taiwan plant after labour spat

<p>The Nasdaq Composite looked set to confirm a correction on Thursday, with chipmakers tumbling, after the Democrats' sweeping victory in midterm elections fueled fears of tighter artificial intelligence (AI) regulation.</p>


<p>A brief recap of some business news and corporate announcements that made the headlines on Thursday.</p>


ViTrox, Sunway Construction, Zetrix AI, SD Guthrie, Lotte Chemical Titan, Pentamaster, Kobay, F&N, Tanco, Alpha IVF, TT Vision

<p>The dispute between Petroliam Nasional Bhd (PETRONAS) and Petroleum Sarawak Bhd (PETROS) is expected to be settled by year-end, according to Sarawak Premier Tan Sri Abang Johari Tun Openg.</p>


PETRONAS-PETROS dispute to be settled by year-end, says Abang Johari

<p>MRT Corp has awarded a RM2.69 billion contract to a joint venture comprising China Communications Construction Company, TRC Construction and Ufuk Semarak for the construction of the Penang LRT Mutiara Line's cross-sea extension linking Penang Island to the mainland.</p>


MRT Corp awards RM2.69 bil contract for Penang LRT cross-sea extension

<p>Goldman Sachs Group Inc and Apollo Global Management Inc are in talks with Wall Street investors to start selling portions of a roughly US$40 billion (RM162.55 billion) chip financing deal for SpaceX, just as the artificial intelligence (AI) boom braces for upheaval following a sweeping Democratic victory.</p>


Goldman, Apollo in talks to sell SpaceX’s US$40 bil AI deal — Bloomberg

<p>Pentamaster Corp Bhd (KL:PENTA) reported a 19.6% year-on-year increase in third-quarter net profit, driven by stronger demand for factory automation solutions (FAS), particularly from the artificial intelligence (AI) computing sector.<br />
&nbsp;</p>


Pentamaster 3Q net profit rises on AI demand, expects double-digit revenue growth for FY2026

<p>Shares of semiconductor stocks plunged on Thursday, extending a recent selloff as investors turn sceptical on the artificial intelligence (AI) trade after the Democrats dominated the midterm elections.</p>


<p>The proposed privatisation of Yinson Holdings Bhd (KL:YINSON) is “a shareholder matter” with no immediate impact on Yinson Production Ltd (YPL), which is the offshore floating asset arm of Yinson.</p>


No strategy change from Yinson privatisation, says floating asset unit chief

<p>The mobilisation of thousands of military personnel to Jakarta this week has intensified speculation about a widening rift between Indonesian President Prabowo Subianto and his predecessor, Joko Widodo, while exposing long-running tensions between the country’s military and police.</p>


Prabowo wiretap arrest spills top Indonesia rivalry into public

<p>Russian President Vladimir Putin has placed the Russian assets of Japan Tobacco International (JTI) under temporary administration, a decree showed on Thursday, making it the latest foreign company to lose control of its local operations in a widening Kremlin crackdown.</p>


Putin seizes control of Russian assets of Japan Tobacco

<p>Fertility care specialist &nbsp;Alpha IVF Group Bhd (KL:ALPHA) has secured approval from the Securities Commission Malaysia (SC) and Bursa Malaysia to transfer its listing from the ACE Market to the Main Market.</p>


Alpha IVF gets SC, Bursa approval for Main Market transfer 

<p>Fraser &amp; Neave Holdings Bhd (KL:F&amp;N) reported an 18.2% increase in net profit to RM135.05 million for its fourth financial quarter, from RM114.29 million a year earlier, mainly due to lower tax expenses.</p>


F&N 4Q net profit rises 18% on lower tax expenses, proposes 30 sen final dividend

<p>Economists broadly expect Bank Negara Malaysia (BNM) to raise the overnight policy rate (OPR) next year, as resilient economic growth and the prospect of higher inflation in 2027 could pave the way for monetary policy normalisation.</p>


Economists expect inflation to push OPR up next year  

<p>Paraguayan President Santiago Peña stepped down on Thursday after the collapse of a major commercial bank with ties to his government plunged the South American nation into financial and social turmoil.</p>


<p>The government has agreed to provide flexibility regarding the existing moratorium on the export of raw rare earth element (REE) materials through the Guidelines for the Conditional Export of Raw Rare Earth Elements in order to attract potential investors.</p>


<p>The number of companies holding open approved permits (APs) has risen to 414 as of Thursday, up from 107 in 2019, following the government’s move to expand bumiputera entrepreneurs’ participation in the country’s automotive industry.&nbsp;</p>


Number of open AP holders increases fourfold since 2019 — Johari Ghani

<p>KUALA LUMPUR (Nov 5): TT Vision Holdings Bhd (KL:TTVHB) has secured a purchase order worth RM15.32 million for automated optical inspection equipment.</p>

<p>According to its bourse filing, the Penang-based vision equipment maker secured the purchase order from an unnamed global opto-semicondu...

TT Vision bags RM15.32 mil order for automated optical inspection equipment

<p>Yinson Production Ltd continues to prefer the lease-and-operate model for its floating asset business, said its chief executive, even as more oil majors explore the turnkey model in recent years.</p>


Yinson's floating rig business prefers leasing model despite market shift towards turnkey

<p>Voters in the Melaka state election are urged to choose elected representatives who have a "direct line" to the Prime Minister's Office to ensure smooth development processes and the protection of local residents' welfare.</p>


<p>The Bank of England (BOE) raised interest rates for the first time in over three years on Thursday and warned that at least one more increase was likely if the US-Iran conflict continues, as it started on a path that its main peers have already embarked on.</p>
