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Singapore shells out SGD3m to boost traditional Chinese medicine

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24-Oct-16 With the increasing demand for TCM in Singapore, the integration of three important aspects - education, clinical practice and research - is seen as essential. To kick start research efforts, Singapore's Ministry of Health has ring-fenced SGD3 mn (USD2.2 mn) to encourage collaborative clinical research in TCM. [image: Yahoo! / Singapore Business Review]

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Singapore no more medical tourism hub?

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17-Oct-16 Singapore's medical tourism receipts were SGD1.1 bn (USD791 mn) in 2012, dropping to SGD994 mn (USD715 mn) in 2014. Southeast Asia's medical tourists are looking elsewhere for treatment. In Singapore, a hip replacement at a private hospital costs SGD14,000. The same procedure at Mahkota Medical Centre in Malaysia - which treats 80,000 foreign patients annually - costs only SGD8,800. [image: The Straits Times]

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30,000 more healthcare workers needed in Singapore by 2020

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20-Oct-16 Singapore's Health Ministry has launched a manpower plan to attract more Singaporeans to take up careers in the healthcare industry. The Ministry estimates that 30,000 more healthcare workers would be needed by 2020 to meet the demands of an ageing population. More doctors are also being trained, with a 30 percent increase in family medicine trainees expected by 2019. [image: Sherlyn Goh / Channel News Asia]

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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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Singapore medical group expanding in China

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02-Oct-16 A pioneering Singapore fertility expert will head efforts to help Chinese women who find it hard to conceive, by setting up medical centres in China. They set up their first in Xiamen two years ago, and will open a centre in Chengdu by Dec-15. "We hope to expand into a network of 600 satellite women's clinics," said CEO Ms Bi. [image: Chew Seng Kim / ST]

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