Page 15 - Movement Control News Today

ACCORDING to the Malaysia Steel Institute, an inadequate global supply of raw materials — specifically, iron ore and steel scrap — because of the Covid-19 pandemic led to a surge in steel prices since the fourth quarter of last year. A recent report by Fitch Solutions Country Risk and Industry Research notes, however, that the iron rally has ended and prices have collapsed as supply of the commodity improved and demand growth slowed.

The Public Works Department (PWD) is checking on the condition of Jalan Bersatu while a developer is in the process of attending to the damaged sections of the roads around Country Heights Apartments.

The period to reduce the Employees Provident Fund (EPF) contribution rate from 11% to 9% will be extended until June 2022. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz when presenting Budget 2022 in Parliament on Friday (Oct 29), said the initiative would involve about RM2 billion.

It may not be common knowledge but there are female students in Malaysia who skip school when...

Fintech unicorns are sprouting in an unlikely (or likely) place - the humble Southeast Asian region. But why exactly?

An Army Reserve command and the state’s all-volunteer militia force have new...

* This article is in conjunction with World Mental Health Day which falls on Oct 10 every year. After having attended home-based online classes for months, Alina  (not her real name) felt nervous at the thought of returning to school.  This 10-year-old girl, who lived here with her single father, not only had to cope with social anxiety but was also ashamed of the scars on her hands and legs as a result of the frequent beatings she endured from her father who had been under too much st...

Digital banks KENANGA RESEARCH (SEPT 21): With Bank Negara Malaysia due to award up to five digital banking licences in 1Q22, we recently hosted a knowledge-sharing session on the nature of digital banks (DBs) and what it means to the industry going forward. The session was helmed by Kenanga Investment Bank Bhd director of digital strategy Dr Sekar Jaganathan, head of digital strategy and business development Sarah Lim Fern Chieh and resident financial technology (fintech) specialist Ian Lloyd.

Here's what you can expect when Klang Valley and Melaka moves to Phase Three of the National Recovery Plan on 1st October 2021.

The World Bank has further cut its economic growth projection for Malaysia to 3.3% in 2021, from an earlier estimate of 4.5% in June. This is the bank's second revision.