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Malaysia's TMC investing in two hospital projects

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29-Mar-16 Malaysia's TMC Life Sciences Bhd is building a new hospital in Iskandar, and expanding its Kota Damansara hospital for a combined RM1.5 bn (USD384 mn). By 2019, beds at Kota Damansara will increase to 600. Iskandariah Hospital will provide 500 beds, which will also cater to patients from Singapore and Indonesia. TMC is targeting 25% revenue contribution from medical tourism by 2020. [image: TMC Life Sciences Bhd]

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WB releases report on aging population in East Asia and Pacific

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28-Mar-16 According to a World Bank report, 36% of the world’s population aged 65+, or 211 million people, live in East Asia, the largest share among all regions. Vietnam was listed among countries with an aging population. The number of people over 65 in Vietnam is forecast to increase from 6.3 million to 18 million by 2040, 18% of its population. [image: Vietnam+]

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Foreign interest in Myanmar healthcare runs high

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23-Mar-16 Foreign investors have turned their attention to multi-million-dollar projects in Myanmar’s healthcare industry after being shut out for years. Rising incomes, a budding middle class and opportunities in a market that currently relies on overseas medical care are enticing foreign companies to the country. Entrants include Malaysia's Parkway, Thonburi and Bumrungrad from Thailand, and Indonesia's Lippo Group. [image: Zarni Phyo / The Myanmar Times]

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