Daniel Khoo

Recent and archived articles by Daniel Khoo

2 Mar 2019 | 7:00 AM

Econpile gets double whammy of property, construction slowdown

THE then increasing expectation on Econpile Holdings Bhd appears to have lasted for as long as the property market held up.

27 Feb 2019 | 7:00 AM

HLBB adopts cautious stance

KUALA LUMPUR: Hong Leong Bank Bhd (HLBB) is adopting a “cautious” stance on lending to the residential mortgage segment despite posting a reasonably strong growth in loans to this sector.

Presentation of  the Hong Leong Bank Financial results for the Year 2019 (Q2 FY2019) From right: Group MD and CEO Domenic Fuda and CFO Foong Pik Yee. - ANIS ABDULLAH/The Star
23 Feb 2019 | 7:00 AM

Poultry stocks on the rise

A RISE in prices of poultry and eggs has brought attention on listed companies in the sector.

22 Feb 2019 | 7:00 AM

Sime to develop healthcare as 3rd core business

PETALING JAYA: Sime Darby Bhd is planning to gear up for growth, with capital being allocated for its core businesses of industrial, motors and healthcare

“We will focus on two core businesses and we will try to develop a third core business, which is healthcare. So, any investments that we make will be in these three areas,” group CEO Datuk Jeffri Salim Davidson(entre at table) said at its second-quarter press briefing yesterday. On the left: is Datuk Thomas Leong Sime Darby's group chief strategy officer and on the right is Mustamir Mohamad group CFO.
21 Feb 2019 | 7:00 AM

Malaysian stocks stage strongest rise in Asia

PETALING JAYA: The FBM KLCI put up strong gains in yesterday’s trading session, rising 19.62 points or 1.15% to 1,726.18 points by the end of the day, recording its third day of gains. All Asian markets with the exception of Australia’s ASX rose, with gains in Malaysia being the strongest compared to other Asian markets

Asian markets’ peformance on Feb 20
19 Feb 2019 | 7:00 AM

Lim: New financing guarantee scheme to spur SMEs

KUALA LUMPUR: The government will increase access financing for small and medium enterprises (SMEs) through a new financing guarantee scheme worth RM2bil via Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP).

Launching ceremony of the New Government Guarantee Schemes under 2019 Budget Initiative by Syarikat Jaminan Pembiayaan Perniagaan Berhad(SJPP) Guest of honour - Lim Guan Eng (L4) with him are ( from left to Right) UOB ED Raymond Chui, Maybank Islamic Berhad DCEO Nor Shahrizan, RHB Bank GMD Datuk Khairussaleh Ramli, SJPP Principal Officer Chen Yin Heng, SME Bank Group President Aria Putera Ismail, Standard Chartered Bank Malaysia Berhad Head of Business Banking Malaysia Raj Tatavarthy, UOB(M) Berhad EDS DC Lim, Vice President of Business Banking Sean Tan.
16 Feb 2019 | 7:00 AM

Poser over MNRB’s dividend payments

Analyst: Improved liquidity profile seen from sukuk issuance

14 Feb 2019 | 7:00 AM

TNB in focus due to high coal prices

PETALING JAYA: The profitability of Tenaga Nasional Bhd (TNB) hinges on what the government decides on the imbalance cost pass-through (ICPT) mechanism in the next tariff review.

Coal prices, which had touched a high of almost US$120 per tonne in the middle of last year, have now moved down from that level and are now at US$95.65 per tonne. The price is still well above the US$75-per-tonne reference price that was set by the government then.(Filepic shows TNB's coal powered generator station at Manjung.)
31 Jan 2019 | 7:00 AM

Bursa Malaysia sees more IPOs this year

CEO: It will be much better compared to last year

Bursa's CEO Tajuddin Atan (right) and Rosidah Baharom, chief financial officer at the briefing on Bursa earnings yesterday. - Afique Yusoff/The Star
30 Jan 2019 | 7:00 AM

Astro shares down despite reports on Android TV boxes

PETALING JAYA: Astro Malaysia Holdings Bhd’s share price declined by 2 sen despite reports that the government might regulate and possibly ban Android TV boxes.

Astro  is perceived to be the biggest gainer should there be an intervention by the government on this matter, according to analysts.