News

Raffles Medical Group profits down 14.7% in H1

Operating revenue fell due to the promotion and building costs for its Chongqing hospital.

Raffles Medical Group profits down 14.7% in H1

Operating revenue fell due to the promotion and building costs for its Chongqing hospital.

Temasek unit invests $5m in HC Surgical Specialists

It will be done through a 3-year 5.5% convertible bond at a conversion price of $0.54 per share.

Singapore's medical device market value to hit $1.3b by 2023: analyst

Increased government expenditure will support the segment.

Is it time to invest in at-home technologies for chronic disease care in Singapore?

Two in five health practitioners recommend a more integrated hospital-home care approach.

Mount Alvernia Hospital and Icon SOC partner to launch $25m integrated cancer centre

The upcoming facility is expected to start its operations in late 2020.

China's healthcare service sector's revenue to hit $1.16t by 2020

Tech giants such as Ping An and Tencent are tapping into blockchain and AI to address the sector’s talent shortage.

Chinese drugmakers' revenue could be dragged by stricter regulatory oversight

This follows the accounting scandal of a pharmaceutical firm accused of fabricating revenue and costs.

China's medical device imports to continue slump in 2019-2020

The 25% hike imposed in 2018 have resulted in a sharp fall in imports of MRI systems, X-ray apparatus, patient monitors and ophthalmic instruments from the US.

Thailand public hospitals cave under pressure from medical tourists

About 1.4 million international patients received medical treatment in 2012.

Malaysia's medtech sector stages turnaround as investments pick up

Domestic direct investments more than doubled in 2018 to $372m.

Medical device revenues to dip in 2020 as R&D expenses rise

The push for domestic production will divert more funds into research and development to cushion against trade tensions.

Biolidics calls for trade halt pending reimbursements for cancer tests

The fees related to the tests will be reimbursed by China’s National Healthcare Security Administration under its national basic medical insurance programme.

Novena Global Lifecare to set up $150m Sino-Singapore healthcare fund

It will invest in medical services, biomedical projects, mature drugs and precision medicine companies.

Thomson Medical Group sets up $500m multicurrency debt issuance programme

The net proceeds will finance its borrowings, expansions and capital expenditure.

Migrant workers gain access to universal healthcare in Thailand

An estimated 1.5 million undocumented migrants registered with the Ministry of Public Health in 2018.

Metro Pacific gears for $2b hospital sale

The conglomerate plans to start the sale process in July.