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USD6 bn allocated for healthcare boost in Malaysia

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21-Oct-16 A total MYR25 bn (USD6 bn) has been allocated by the Malaysian government in the 2017 Budget to boost the health of the people and the quality of healthcare in the country. The allocation is for numerous programmes, including building and upgrading of new hospitals and clinics in Perlis, Kuching, Mukah, Jempol, Muar and Johor Bahru. [image: Saw Siow Feng]

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GE to develop two healthcare PPPs in Turkey

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20-Oct-16 In line with Turkey’s strategic healthcare transformation program, GE Healthcare, GAMA Holding and Türkerler İnşaat have reached a definitive agreement for the development of two strategic Ministry of Health public-private projects: the İzmir & Kocaeli Integrated Healthcare Campus Projects. [image: GAMA]

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First Japanese private hospital opens in Phnom Penh

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20-Oct-16 The first Japanese private hospital has opened in Cambodia, aimed to reduce the flow of Cambodian patients to neighboring countries. The hospital provides a 52-bed health service with more than 100 staff, of whom 30% are Japanese. Some 150,000 Cambodians travel abroad annually for health treatment, spending around USD600 mn. Vietnam and Thailand are their main destinations. [image: KYODO / The Japan Times]

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Singapore’s Temasek targets China’s healthcare with joint venture

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19-Oct-16 Singaporean state investment firm Temasek Holdings is making a bet on China’s growing healthcare market, investing SGD250 mn in a joint venture focused on the country with Columbia Pacific Management, a Seattle-based healthcare provider with operations in China. Columbia Pacific operates a hospital, two specialty clinics and three senior living facilities in China. [image: The Business Times]

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Malaysia vital to Boston Scientific expansion plan

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17-Oct-16 Global medical devices manufacturer Boston Scientific is set to expand in Asia Pacific and has embarked on its first manufacturing site in Asia, in Penang. The 375,000 square feet facility at the Batu Kawan Industrial Park is expected to be completed in Q4 2017. [image: SME Magazine]

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