Daniel Khoo

Recent and archived articles by Daniel Khoo

10 Nov 2018 | 7:00 AM

Casino stocks continue to fall

A notable number of analysts have continued to maintain their “buy” calls on Genting Bhd and Genting Malaysia Bhd (GenM) despite the unexpected announcement of additional taxes that will be imposed on casinos in Malaysia.

Downtrend: Genting tumbled 9 in a week while Genting Malaysia has declined 21.15 since Budget 2019 was announced.
8 Nov 2018 | 7:00 AM

Budget is ‘not expansionary’

KUALA LUMPUR: Budget 2019 is not expansionary as it initially appears to be, but rather contractionary in nature, according to the Finance Ministry’s budget director Johan Mahmood Merican.

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5 Nov 2018 | 7:00 AM

Medicine suppliers to benefit from higher healthcare allocation

PETALING JAYA: Medicine and medical equipment suppliers to the government are poised to be the main beneficiaries in the healthcare industry following several announcements by the government in Budget 2019 that was announced last Friday that will see more allocations provided.

Higher allocation: A dispensary at a government hospital. The government is allocating RM29bil for the Health Ministry, an increase of 7.8 compared with the previous year.
1 Jan 0001 | 12:00 AM

30 Oct 2018 | 7:00 AM

MAHB to revamp airport retail

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) will revamp retail space in five of its international airports to sustain competitiveness amid the ongoing digital disruption and transform these airports from being a mere transportation hub to be more of a shopping destination.

New strategy: Nazli says MAHB is dividing the retail areas into retail magnets according to the Reset strategy.
27 Oct 2018 | 7:00 AM

Ramsay Sime Darby eyes portfolio expansion

Ramsay Sime Darby Health Care Sdn Bhd (RSDH), the 50% joint venture company of Sime Darby Bhd, is eyeing a strong expansion in Malaysia and the region.

Brown: We are looking at how we can grow the three hospitals in Malaysia and we have also just recruited a mergers and acquisitions manager.
25 Oct 2018 | 7:00 AM

Tech stocks tumble on Bursa Malaysia

PETALING JAYA: Technology stocks on Bursa Malaysia fell after several companies within the wider supply chain that operate overseas indicated some weakness in demand and saw their shares falling.

20 Oct 2018 | 7:00 AM

Rubber glove maker Supermax sees future in lenses

AT a time when the rubber glove industry is expanding with demand still outstripping supply, Supermax Corp Bhd’s move to diversify into another unrelated industry to manufacture contact lenses appears to be quite unconventional.

18 Oct 2018 | 7:00 AM

Marketing to weigh on Supermax’s lens ops

KUALA LUMPUR: Heightened marketing costs may keep profits at Supermax Corp Bhd’s latest contact lenses business at bay for the time being.

Thai: If I am planning to go to 165 countries, I will need to spend quite a bit of money on advertising and promotion."
16 Oct 2018 | 7:00 AM

Malaysian market sentiment still weak after week-long losses

PETALING JAYA: Sentiment on the local bourse remained fragile yesterday, with regional bourses extending their sharp fall at the start of the trading week.

Other Asian markets also traded in negative territory yesterday.  Among other notable indices, Japan’s Nikkei 225 tumbled 1.87% to 22,271.30, South Korea’s Kospi Index fell 0.77% to 2,145.12, China’s Shanghai Stock Exchange declined 1.49% to 2568.09 and Singapore’s Straits Times Index dropped 0.76% to 3045.97.