Daniel Khoo

Recent and archived articles by Daniel Khoo

18 Apr 2019 | 3:45 PM

BAT to consider reopening another Malaysian factory in longer term

KUALA LUMPUR: British American Tobacco (M) Bhd will consider reopening its factory again in Malaysia depending on the market situation for legal cigarettes in the country.

13 Apr 2019 | 7:00 AM

With Geely, DRB-Hicom is confident of Proton’s turnaround

AT a recent media briefing held in Malacca City by DRB-Hicom Bhd, there was much focus and attention paid on the company’s biggest contributor: Proton Holdings Bhd.

11 Apr 2019 | 12:00 PM

DRB-Hicom in talks with two other car brands

MELAKA: DRB-Hicom Bhd is in talks with two other auto brands to assemble their vehicles.

6 Apr 2019 | 7:00 AM

A tricky ‘operation’ for IHH

A RARE red-flag by IHH Healthcare Bhd’s external auditors earlier this week cast the spotlight on the biggest public-listed hospital operator in Asia for all the wrong reasons.

4 Apr 2019 | 7:00 AM

IRB: Foreign donations taxable on ‘case-by-case’ basis

KUALA LUMPUR: Foreign donations are still subject to tax on a ‘case-by-case’ basis, says the Inland Revenue Board (IRB) CEO Datuk Seri Sabin Samitah.

When asked to comment on reports that ex-Prime Minister Datuk Seri Najib Razak had been slapped with an additional tax bill, Sabin said that he was bound by secrecy laws.
4 Apr 2019 | 7:00 AM

Cutting corporate tax may help raise collections

KUALA LUMPUR: A bold move by the government to lower corporate income tax could help boost overall tax collections in the country, said Ernst & Young (EY) Tax Consultants Malaysia tax leader and business tax services leader Amarjeet Singh.

“This is my suggestion based on observations from case studies done in the United Kingdom and Canada,” Amarjeet told StarBiz on the sidelines of the Malaysian Tax Conference 2019.
3 Apr 2019 | 10:37 AM

Foreign donations subjected to tax on ‘case by case’ basis

KUALA LUMPUR: Foreign donations are still subjected to tax on a ‘case by case’ basis, said the LHDN CEO Datuk Seri Sabin Samitah.

3 Apr 2019 | 7:00 AM

IHH shares downtrend continues

PETALING JAYA: IHH Healthcare Bhd’s shares continue to decline, going into their second day of losses, following a qualified opinion that was issued by its external auditor, KPMG PLT, on April 1.

IHH’s shares fell 6.55% or 38 sen from Monday to yesterday’s close of RM5.42, which is its lowest price point since Jan 4.  In yesterday’s trade, IHH was the top loser on Bursa Malaysia with some 14.236 million shares changing hands.
2 Apr 2019 | 7:00 AM

IJM to get bauxite boost

KUALA LUMPUR: A likely resumption in bauxite-mining activities in the country will be a boost for IJM Corp Bhd.

More business: Soam (left) and RHB Banking group MD Datuk Khairussaleh Ramli at the event. Soam expects more cargo going through Kuantan port.
30 Mar 2019 | 7:00 AM

GHL’s petrol subsidy win a market surprise

THE win by GHL Systems Bhd in the contract to develop and design a system for the targeted petrol subsidy for the RON95 fuel is a surprise to the market.