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Insights
25-Aug-19 The medical tourism scene in Malaysia is booming. In 2018, 1.2 mn people visited Malaysia for medical treatment. Within Malaysia, Penang is the top medical tourism destination, with 45% of the country's medical tourism income, USD165 mn in 2017. [image: Tho Xin Yi]
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Insights
25-Jul-19 China-based venture capital firm Shenzhen Capital Group has launched a USD291 mn healthcare fund, dubbed the Shenzhen Hongtu Healthcare Private Equity Fund, aimed at investing in companies that seek to disrupt the current healthcare pattern in the country. [image: Reuters / Bobby Yip / Deal Street Asia]
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23-Jul-19 Malaysia's USD200 bn pension fund, Employees Provident Fund, is investing AUD70 mn in an Australian healthcare real-estate fund managed by developer Dexus. Employees Provident Fund's investment in Healthcare Wholesale Property Fund will enable it to acquire North Shore Health Hub. [image: Reuters / Nikkei Asian Review]
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19-Jun-19 Telecom firms are driving 5G initiatives in tele-diagnosis, remote surgeries and smart hospitals across China. As China deals with its ageing society, healthcare will increasingly become a priority area for 5G applications in an effort to reduce care costs. [image: Xinhua]
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Insights
12-Jun-19 Waterdrop, a Chinese online insurance platform backed by Tencent, has raised more than a billion yuan (USD145 million) in funding led by PE firm Boyu Capital. Waterdrop started as a healthcare crowdfunding platform before branching into online insurance sales. [image: AP Photo / Mark Schiefelbein]
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