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Malaysian hospital group buying Japanese nursing homes

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17-Mar-15 Malaysian hospital operator IHH Healthcare announced that subsidiary Parkway Life Real Estate Investment Trust is acquiring five nursing homes in Japan for 5.97 billion yen (USD49.5 million). The five facilities are being acquired from Japan's UBI. [image: Singapore Trading Online]

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Institute in Korea makes platform that integrates mobile and healthcare

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16-Mar-15 Korea's Advanced Institute of Science & Technology (KAIST) has built a platform called "Dr M" that analyzes vital signs collected from smart sensors and sends data to healthcare providers. KAIST plans to test the service with wrist-worn terminals on 100 students, and then to work on projects with hospitals, silver towns, mobile carriers and device makers. [image: Business Korea]

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Middle East welcomes Korean doctors, medicine

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05-Mar-15 Thanks to the Korean President’s recent trip to the Middle East, four Korean pharma companies signed MOUs with Saudi firm Sudair Pharmaceutical, in deals worth about $182 million. Yonsei University Severance Hospital and Korea’s Green Cross Laboratories also signed deals with Saudi hospital operators. Korea has become one of the most popular medical tourism destinations for Middle Eastern countries. [image: Business Korea]

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Vietnam and Japan cooperate on elderly care

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06-Feb-15 A conference to promote cooperation in healthcare between Vietnam and Japan was held in Hanoi in early February 2015. The Deputy Minister of Health said the conference was a good opportunity for Vietnam to learn from Japan’s experience in dealing with an ageing population. Vietnam’s population is quickly ageing and the proportion of elderly people will rise to 10.5% in a few years, making it one of the 10 most rapidly ageing countries. [image: VietnamPlus / VNA]

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Healthcare becomes a growth engine for SK Telecom

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08-Jan-15 SK Telecom, Korea’s biggest mobile carrier, says it will invest more in healthcare business projects in 2015. “Our plan to boost health businesses generating 1 trillion won revenue by 2020 is still effective,” said an SK Telecom official. As faster networks power services related to the Internet of Things, healthcare has become a new growth engine. [image: SK Telecom]

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