Healthcare

OUELH obtained final arbitration award against David Lin Kao Kun
30 Jan 19
Lin was ordered to pay $32.84m to the company with a 5.33% per annum interest.
Thai hospitals can weather earnings decline from government cost controls
30 Jan 19
Hospital profit can only fall by 0.7%-0.8% for every 1% price reduction.
Thailand's rising pharmaceutical price pressures hamper multinational drugmakers' opportunities
30 Jan 19
The country’s procurement regime continues to favour local pharmaceutical firms.
Chinese efforts to reduce drug prices may trigger competitive market share shake-up
30 Jan 19
Firms that rely on low-quality drugs could drop out of the industry.
Singapore healthcare professionals to enjoy 5-10% pay hikes
21 Jan 19
Those in the diagnostics and devices sectors can enjoy the highest wage increase.
OUE Lippo Healthcare to expand network to Myanmar with $19.5m acquisition
11 Jan 19
It bought stakes in two joint venture companies with three hospitals, one medical centre and two clinics.
Medicine consumption in Australia to grow to AU$15.8b by 2022: Fitch
9 Jan 19
The country will remain one of the most attractive markets globally.
Asia to host to several healthcare megadeals in 2019
8 Jan 19
This includes pharmaceutical firm Takeda’s $58b acquisition of Ireland’s drug company Shire.
Australian health group Healius rejects $1.43b takeover proposal by Jangho Hong Kong
8 Jan 19
The Jangho Group holds 15.93% of the issued share capital of Healius.
Tax reliefs for insurance policies and new mothers may benefit Singapore's economy
8 Jan 19
Deductions could be subject to a cap which could be scaled according to age.
Parkway Pantai and UCARE.AI unveils AI-powered predictive hospital bill estimation system
8 Jan 19
It provides an 82% accuracy rate in estimating hospital bills.
Healthcare boosted Singapore's capital markets in 2018
8 Jan 19
Four healthcare firms made their trading debut on SGX’s Catalist board.
OUE Lippo Healthcare to manage three Chinese medical facilities
8 Jan 19
It will expand its healthcare network into Shanghai, Chongqing and Nanjing.
It's the most wonderful time of the year
21 Dec 18
We're taking the time off!
Parkway Pantai and UCARE.AI unveils AI-powered predictive hospital bill estimation system
19 Dec 18
It provides an 82% accuracy rate in estimating hospital bills.
Singapore's staggering healthcare costs may be pushing medical tourists away
18 Dec 18
Malaysia and Thailand offer more cost-competitive alternatives.
7 in 10 Singapore women worry about affordable healthcare after retirement
13 Dec 18
2 in 5 of them are either not checking how much they've put in for retirement or have no contributions at all.
Malaysia proposes 7.8% larger 2019 budget of US$6.9b for healthcare
13 Dec 18
It will allocate $8.4m of its healthcare budget to boost Malaysia’s image as a health tourism destination.
OUE Lippo Healthcare inks deal to develop high-end international hospital in Shenzhen
13 Dec 18
The hospital will have more than 200 beds serving the local community.
China's push for bulk medicine purchases a big no-no for pharmaceutical firms
12 Dec 18
Chinese drug stocks fell due to investor concerns on the average -52% drop in generic drug prices.
Singapore's war on diabetes will continue to spur drugmaker investment
12 Dec 18
Novo Nordisk and Abbott are amongst the most active players in the market.
A third of Hong Kong workers go through mental health problems during employment
12 Dec 18
The impact is largely seen in junior employees who have just jumpstarted on their careers.
Japan to build 10 AI-based hospitals by 2022
12 Dec 18
It plans to invest more than $100m to tackle the lack of medical personnel and rise in medical expenses.
Why increased cardiovascular incidence can be financially catastrophic for APAC
11 Dec 18
Direct and indirect costs can weigh heavily on patients’ and the economy’s wallets.
Public and private sector collaboration key in providing universal health care across APAC
11 Dec 18
Many private-public partnerships are still not designed to help the masses, only niche segments.
WeDoctor Greater Bay Area platform unveils China's first provincial-level internet hospital
4 Dec 18
The platform will provide online and offline healthcare services for women and children.
Japan's pharmaceutical growth hampered by pricing pressures: Fitch Solutions
4 Dec 18
Sales are expected to fall 30% to US$62b by 2025 once the new annual price review takes effect.
Malaysia's Sime Darby eyes healthcare portfolio expansion
28 Nov 18
It targets to go beyond other markets within the region.
Japan banks on big data solutions to keep healthcare costs in check
28 Nov 18
It eyes to employ AI and robots at long-term care facilities to help caregivers.
Korea, Indonesia collaborate to implement universal health insurance program
28 Nov 18
A consultation group will be formed between the two states.
Lawmakers lock horns over Philippine universal healthcare bill
28 Nov 18
The lower house moved for an equal benefits package for both paying and non-paying members of the state-backed insurance system.
Top Philippine hospital locked in dramatic boardroom row
28 Nov 18
Investors have misrepresented their shareholdings, watchdog rules.
Malaysia's UCrest seeks more partners as cloud medical system gains steam
28 Nov 18
It seeks to establish more government partnerships.
Malaysia to roll out electronic medical record system in fight against counterfeit drugs
28 Nov 18
Only 20% of hospitals currently have this capability.
Japan's healthcare analytics market to boom as ageing population soars
28 Nov 18
Better tech adoption will stimulate business growth.
Healthtech startup GOQii bags $30m Series B funding from Mitsui
28 Nov 18
It will expand into Japan next year.
IHH Healthcare succumbed to $24.81m loss in Q3
28 Nov 18
It was hit by foreign exchange losses.
Higher insurance coverage to boost Vietnam's healthcare sector
26 Nov 18
The plan to cover the health insurances of 84% of the population could drive investment growth.
APAC's healthtech venture capital set to exceed US$5.5b in 2018
26 Nov 18
China raised more than US$1.1b in Q3.
Ping An Good Doctor forms tie up to promote family doctor services
26 Nov 18
Doctors who pass its GOLD training programme will provide online and offline services across China.

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