Daniel Khoo

Recent and archived articles by Daniel Khoo

17 Jul 2018 | 7:00 AM

1MDB scandal costs Malaysia RM50bil

KUALA LUMPUR: Malaysia would have been able to go ahead with the shelved mega-projects if not for the 1Malaysia Development Bhd (1MDB) scandal and other “mini 1MDBs” that are plaguing the country, said Finance Minister Lim Guan Eng. The scandal alone costs Malaysia RM50bil, says Finance Minister

KUALA LUMPUR: Finance Minister Lim Guan Eng (centre) visiting a exhibition during National Tax Conference 2018 'Taxation in a Changing Economy' at Kuala Lumpur Convention Centre, yesterday Also present were Chief Executive Officer Lembaga Hasil Dalam Negeri Malaysia (LHDN) Datuk Seri Sabin Samitah (right) and Secretary General of Treasury Datuk Seri Dr Ismail Bakar  - Bernama
16 Jul 2018 | 4:44 PM

Guan Eng: We can afford all shelved mega projects, if not for 1MDB and other scandals

KUALA LUMPUR: Malaysia would have been able to afford to go ahead with the shelved mega projects if not for the 1MDB scandals and other ‘mini 1MDBs’ said Finance minister Lim Guan Eng.

14 Jul 2018 | 7:00 AM

Long but fruitful journey in IHH’s Fortis acquisition

Fortis set to bump up IHH revenue by some 20%.

Valued asset: A Fortis hospital building is pictured in Gurgaon, India. Despite being in a cash-strapped position, Fortis had seen many keen suitors along the way and IHH had, in turn, felt strong competition for the highly prized Fortis asset. — Reuters
14 Jul 2018 | 7:00 AM

Proton aims to be No. 1 again

Carmaker eyes pole position in its home market amid growing confidence.

Li: In mainland China, the Boyue (of which is the Proton SUV is based on) consistently outsells the Japanese marques.
13 Jul 2018 | 7:00 AM

Telekom sees higher revenue with higher speed, faster network

KUALA LUMPUR: Telekom Malaysia Bhd (TM) will be able to grow its revenue with wider access and higher speed to its broadband network from the previous expectation that revenue would fall in 2018.

From Right: Datuk Bazlan Osman, acting group CEO, TM and Imri Mokhtar, executive vice president, Unifi, TM make a conference call to media members about Unifi's new broadband plans.
12 Jul 2018 | 2:28 PM

TM’s unifi 30Mbps with data capped for households with incomes below RM4,500

KUALA LUMPUR: Telekom Malaysia Bhd is unveiling its new unifi basic broadband with speeds of 30Mbps will be limited exclusively for households with income of RM4,500 and below.

12 Jul 2018 | 7:00 AM

Proton sees 2020 turnaround; competitor Honda, not Perodua

KLANG: Perusahaan Otomobil Nasional Sdn Bhd (Proton) is aiming for a turnaround in its operations by the year 2020. It doesn’t see Perodua as a competitor moving forward, but Honda.

Improved facility: (from left) Proton deputy CEO Datuk Radzaif Mohamed, Li, vice-president of sales and marketing Abdul Rashid Musa, Pantai Bharu owner Datuk Shamshudin Nor and director Rabitah Shamsudin at the official opening of the upgraded Proton 3S centre.
11 Jul 2018 | 7:00 AM

Bank Negara expected to hold interest rate as it keeps an eye on growth

PETALING JAYA: Bank Negara is likely to maintain the overnight policy rate (OPR) steady at the current 3.25% level despite threats of a trade war and government spending cuts that threaten to ease economic growth, said economists.

Alliance Bank Malaysia Bhd chief economist Manokaran Mottain said that he is anticipating status quo in terms of interest rates.  “I believe the current focus is for economic growth and there are no additional conditions that would cause them to revise this, as there is no catalyst for a revision of interest rates,” Manokaran(pic) told StarBiz.
7 Jul 2018 | 7:00 AM

Rethinking insurance

A CHANGE in how the insurance industry approaches the Malaysian market is crucial to ensuring the industry continues to be on a sustainable growth path moving forward.

6 Jul 2018 | 7:00 AM

IHH still keen on Fortis

Potential acquisition will springboard its plans for the India market

Tan: We are keen on Fortis because we believe it is one of those assets that can be transformed, if we are fortunate enough to be successful in winning this bid.