15-Jan-16 From 1-Jan-16 foreigners in Malaysia began bearing the full cost of medical treatment at government hospitals and clinics, a year ahead of initial plans. The Health Minister said the ministry revised its healthcare subsidy for foreigners as a cost-cutting measure to weather current economic challenges. [image: New Straits Times]
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15-Jan-16 IHH Healthcare, Asia's largest hospital operator by market capitalization, is expanding its footprint in China, the largest emerging economy on its radar. IHH said it has signed a lease with Perennial Real Estate on a 48,000 sq m plot in in Chengdu to build a 350-bed hospital. From Chengdu, IHH plans to make "inroads" into central China. [image: IHH / Singapore Trading Online]
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14-Jan-16 Philips has announced an agreement with the Sijunjung Regency in West Sumatra, Indonesia, for full-scale commercial implementation - Philips’ first globally - of its Mobile Obstetrics Monitoring (MOM) service. The smartphone service identifies mothers-to-be at high risk and enables midwives in remote locations to share data and ultrasound images with obstetricians in the country’s larger hospitals, for improved decision-making. [image: Philips]
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13-Jan-16 The Abraaj Group, a leading investor in global growth markets, has agreed to acquire a majority stake in Quality CARE India Limited, one of the largest multi-specialty healthcare providers in India. Headquartered in Hyderabad, CARE is the fifth largest healthcare provider in India, operating 2,600 beds across 16 hospitals in nine cities. [image: The Abraaj Group]
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13-Jan-16 Public hospitals in Hong Kong will get an additional 5,000 beds and 90 operating theatres in the next 10 years as part of a HKD200 bn (USD26 bn) bundle of development projects to cope with a rapidly ageing population, Chief Executive Leung Chun-ying has said. [image: SCMP Pictures]
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