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Malaysia halts health subsidies for foreigners

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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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Singapore's Eu Yan Sang to receive funding to expand in China

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15-Jan-16 Singapore based traditional Chinese medicine (TCM) retailer Eu Yan Sang Intl (EYSI) has inked a deal to receive up to SGD60 mn (USD35 mn) in funding from HCare Investments Holding, an investment vehicle managed by Hong Kong based CareCapital Advisors, as it widens its footprint in China. [image: Eu Yan Sang]

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Philips and Indonesian Sijunjung Regency to combat maternal mortality

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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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Traditional Chinese medicine hospitals growing

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14-Jan-16 The number of traditional Chinese medicine (TCM) hospitals in China has increased by 500 in five years, a rise of 16%. In 2014, TCM became a RMB730 bn (USD111 bn) industry, representing one third of the total output of China's medical industry. [image: UPI_Stephen Shaver]

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Singapore government to invest in digital health startups

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13-Jan-16 Electronics giant Philips and the Singapore Economic Development Board have agreed jointly to invest in digital health companies, especially in the area of population health management. The companies will be selected based on their ability to drive innovations in areas like telehealth and healthcare informatics. [image: AFP / Koen van Weel]

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