Daniel Khoo

Recent and archived articles by Daniel Khoo

19 Sep 2018 | 7:00 AM

IHH shares at 43-month low on Turkish operation concerns

PETALING JAYA: IHH Healthcare Bhd’s shares fell to a 43-month low amid ongoing concerns about its Turkish hospitals that could see it recognise higher foreign currency translation losses.

IHH owns 60% of Turkey-based healthcare group Acibadem Holdings, which contributes about a third of its revenue.
15 Sep 2018 | 7:00 AM

Bumi Armada aims to improve balance sheet

WHILE a number of analysts agree that the worst may already have been priced into Bumi Armada Bhd, there are some concerns the company may need to resort to raising funds given its high gearing position and the need to brighten its outlook in order to secure jobs moving forward.

14 Sep 2018 | 7:00 AM

Budget Day could be a positive catalyst for Bursa

But external news will also dictate sentiment

Bad for market: Wan Kamaruzaman says the external news isn’t helping the market.
11 Sep 2018 | 7:00 AM

Education sector likely to see diverging fortunes

PETALING JAYA: The education sector may see diverging fortunes ahead amid a potentially big change in industry hiring trends that is currently developing.

6 Sep 2018 | 7:00 AM

Emerging market currencies tank, ringgit at 9-month low

PETALING JAYA: Emerging market contagion fears have put the currencies of countries with twin deficits under pressure. The Ringgit was at 9-month low and Indonesian rupiah at lowest level since Asian Crisis

3 Sep 2018 | 7:00 AM

IJM: Govt jobs coming; with new govt 'know-how more important than know-who'

PETALING JAYA: IJM Corp Bhd, which is a current beneficiary of government-linked infrastructure contracts said that the review of government jobs by the present administration will actually be a good thing in the longer run.

IJMs CEO and MD Datuk Soam Heng Choon noted that the company also sourced jobs from private sector for growth.  “I think there will still be (government) projects in Malaysia, even though there has been a slowdown in the last two to three months due to the review in projects.
31 Aug 2018 | 7:00 AM

RHB aims for record year

KUALA LUMPUR: RHB Bank Bhd, the country’s fourth-largest bank by asset size, is hoping to achieve a record year for financial year 2018 (FY18), driven by growth in its various business segments

Dato Khairussaleh Ramli group managing director of RHB Banking group (left) and Syed Ahmad Taufik Albar Group chief financial officer RHB banking group at the briefing yesterday.
31 Aug 2018 | 7:00 AM

New Malaysia should push for meritocracy

Founded in 1994, Westports has helped grow the port business in Malaysia, where its drive to continue improving productivity has seen it ranked among the top five most productive ports in the world.

Tan Sri G. Gnanalingam.
30 Aug 2018 | 7:00 AM

CIMB sees record year, H2 results seen to be same as H1 or better

KUALA LUMPUR: CIMB Group Holdings Bhd, the country’s second-largest lender by asset size, is bullish on 2018 and expects a record year in terms of profit.

KUALA LUMPUR: CIMB Group Chief Executive Tengku Datuk Seri Zafrul Aziz (left) and CIMB Group Chief Financial Officer Shahnaz Jammal with the 1st Half Financial Year 2018 Results report at Menara CIMB yesterday
29 Aug 2018 | 7:00 AM

IJM puts off toll-listing, awaits clarity from govt

PETALING JAYA: IJM Corp Bhd is putting off its plans to list its toll division pending greater clarity from the government, said CEO and managing director Datuk Soam Heng Choon (pic).

IJM Corporation Berhad Chief Executive Officer & Managing Director Datuk Soam Heng Choon (centre) with IJM Corporation Berhad Deputy Chief Executive Officer & Deputy Managing Director Lee Chun Fai (left) and IJM Corporation Berhad Chief Financial Officer Cyrus Eruch Daruwalla (right) at the 35th Annual General Meeting and Media briefing in Subang Jaya, yesterday. - MUHAMAD SHAHRIL ROSLI/The Star