Daniel Khoo

Recent and archived articles by Daniel Khoo

16 Mar 2018 | 7:00 AM

Petronas mulls listing lubricants business

TURIN: Petroliam Nasional Bhd (Petronas) is contemplating to eventually float its lubricant business, Petronas Lubricants International (PLI) after building up this part of the business further.

Listing plan: Petronas flag blowing in the wind at a Petronas station in Kuala Lumpur. A listing will raise PLI’s profile and brand presence internationally, and give it access to funds for further expansion.
10 Mar 2018 | 7:00 AM

Consumer stocks seen shielded from trade war

CONSUMER stocks would be a good industry to hide in should a global trade war break out.

6 Mar 2018 | 7:00 AM

Steel an uneasy sentiment

PETALING JAYA: Investor sentiment has turned cautious as signs of a trade war loom, following an announcement late last week by the United States to impose tariffs on steel and aluminium imports.

Trade dampener: Soh says Trump’s action is uncalled for as high-end steel products for automotive, aeroplane and transportation industries are mostly imported.
3 Mar 2018 | 7:00 AM

TNB completes renewable energy portfolio in UK

National power company buys two wind farms

28 Feb 2018 | 7:00 AM

Call for Govt to ease lending rules

It’s too restrictive for first-time home buyers

From L-R: Deputy President and chief operating officer Datuk Wong Tuck Wai, President & CEO Datuk Khor Chap Jen and Executive Vice President & chief financial officer Choy Kah Yew at S P Setia’s fourth quarter financial results press conference on Tuesday.
27 Feb 2018 | 7:00 AM

Hong Leong Bank cuts loan growth target

KUALA LUMPUR: Hong Leong Bank Bhd (HLBB) is lowering its loan growth target, citing the need to be selective and prudent amid a tough operating environment.

“It used to be a 4%-5% loan growth target and we are cutting it to 3%-4% for the entire year,” group managing director and chief executive officer Domenic Fuda(filepic) said.
24 Feb 2018 | 7:00 AM

UMW to ride on stronger ringgit

AFTER a few tough years, diversified government-linked conglomerate UMW Holdings Bhd appears to have emerged from the pits of a battle to regain profitability.

Badrul Feisal: It has been definitely a good start to the year and the strengthening of the ringgit has brought smiles to me because it does help us in terms of managing our costs better.
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15 Feb 2018 | 7:00 AM

World Cup booze for Carlsberg

KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd, which posted a 7.9% increase in net profit for the financial year ended Dec 31, 2017 (FY17), expects premium brands to sustain growth this year.

Beer boost: (from left) Carlsberg Singapore GM Oliver Dubost, Lehmann and Carlsberg CFO Lim Chee Keat at the event. Lehmann expects sales to increase during the World Cup.
14 Feb 2018 | 7:00 AM

Damansara Realty back in the black

KUALA LUMPUR: Damansara Realty Bhd which posted a turnaround in its bottom line in the financial year 2017 (FY17) ended Dec 31 is targeting further growth in its revenue and net profit of 10%-15% conservatively in FY18.

All smiles: (from left) Brian, Zain and chief operating officer Yahaya Hassan at the company’s press briefing in Kuala Lumpur.
13 Feb 2018 | 3:15 PM

Damansara Realty to sustain turnaround

KUALA LUMPUR: Damansara Realty Bhd which posted a turnaround in its bottom line in the financial year 2017 said it aims to sustain that performance this year as well.