20-May-16 Singapore's hospitals are up against stiff competition from ASEAN. As more Southeast Asian hospitals modernise, the city-state is slowly losing its appeal as a medical tourism hub. Indonesian healthcare providers are aggressively investing in new facilities and equipment, said Dr Beng Teck Liang, Executive Director, Singapore Medical Group. This has exacerbated the impact of the weak Indonesian rupiah. [image: Singapore Business Reveiw]

20-May-16 China's demand for medical services is being met by some American healthcare companies opening operations overseas. "We see dramatically more Chinese coming to the US for medical treatment... A lot of Chinese companies are seeking to acquire US innovative companies or technologies to meet medical demand in China," said the executive director of the US China Innovation Alliance. [image: Medical Tourism]

19-May-16 The road to a universal health care system in Mexico is just beginning its first phase, an exchange of services among different health institutions, a change that is expected to offer improved medical care for the end user. This exchange will cover 700 medical services, which have been identified as the most needed among the general population. [image: desdeelbalcon.com]

19-May-16 A third of the global burden of mental, neurological and substance use disease occurs in India and China – more than all high-income countries combined. Yet most sufferers do not receive the needed treatment. By 2025, 40 mn years of healthy life will be lost to mental illness in China (10% increase from 2013), and 38 mn in India (23% increase). [image: OnMedica]

19-May-16 Philips, a significant early investor in Singapore, has opened an APAC centre to support its transformation to a healthcare technology provider. “Philips' transformation into a health and wellness company, with a growing emphasis on innovation and value creation is very much aligned with our imperatives for the future of Singapore’s economy,” said Mr S Iswaran, Minister for Trade & Industry. [image: Philips]