Daniel Khoo

Recent and archived articles by Daniel Khoo

6 Oct 2018 | 7:00 AM

Steel still in demand

The steel industry, being one of the main arteries of the industrial age continues to be in demand till this very day given the metal’s widespread usage in various other industries.

28 Sep 2018 | 7:00 AM

Steel industry needs more time to move up value chain

Misif seeks anti-dumping measures from government

Speaking to the press after MISIF’s conference on the status and outlook of the domestic iron and steel industry, Lim said he hoped the government will be able to come up with a holistic approach to ensure the basic needs of the industries are taken care off.  “We are not asking for full protection but certain measures need to be put into place in case of a predatory price dumping from foreign imports happen and try to kill of the local industry.,"
26 Sep 2018 | 7:00 AM

Higher budget deficit seen

KUALA LUMPUR: The budget deficit target for 2019 could be raised to 3% of gross domestic product (GDP) from the targeted 2.8% this year, Socio-Economic Research Centre’s (SERC) executive director Lee Heng Guie (pic) says.

From left: SERC officials Liew Sang Yee , Lee Heng Giue, Lee Soon Thye and Goh Kong Jun at the Press Conference yesterday on the Quarterly Economy Tracker for the Third Quarter of 2018. - Low Boon Tat/The Star
24 Sep 2018 | 7:00 AM

IHH venture faces unexpected variable with Turkey's lira crisis

PETALING JAYA: The surprising weakness in IHH Healthcare Bhd’s share price over the previous week has once again highlighted some of the variables it has to juggle with in its growth strategy.

Apart from having to cope with startup costs from the new hospitals it had opened recently, the company is also now needing to contend with another unanticipated variable – the severely weakened Turkish lira.  This will reduce the amount that is repatriated back to Malaysia when it reports its quarterly earnings. (File picture shows the IHH's Maslak Acibadem Hospital hospital in Istanbul)
21 Sep 2018 | 7:00 AM

Rehabilitation hospital launched in Petaling Jaya

Khazanah-led JV pumps RM100mil into Regen Rehab

Jointly owned: ReGen Rehab Hospital is owned by Khazanah (60) and New York Stock Exchange-listed Select Medical Holdings Corp (40%)
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