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Bupa acquires Turkey’s second largest health insurer

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20-Jan-19 Bupa has acquired Turkish company Acıbadem Sigorta, a specialist health insurance provider with both corporate and individual customers, headquartered in Istanbul, with over 500 employees, covering 600,000 customers and gross written premiums of TRY913 mn (USD173 mn). [image: Bupa Newsroom]

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Malaysian medical device market takes hit as manufacturing slumps

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18-Jan-19 Malaysia’s reluctance to sign the Trans-Pacific Partnership has resulted in a sharp slowing of investment. Malaysia approved 15 medical-device manufacturing projects in Jan-Sep 2018 for USD160 mn, notably lower than the 25 projects in 2017 worth USD500 mn. [image: Singapore Business Review]

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India’s Adani Group partners with BASF in petrochems foray

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18-Jan-19 Indian infrastructure conglomerate Adani Group has signed a joint venture with German giant BASF for setting up acrylics manufacturing units costing USD2.25 bn, in its first foray into petrochemicals, and BASF’s largest investment in India to date. [image: AFP]

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E-commerce giant Signa Sports United goes Asia

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10-Jan-19 One of Europe’s leading online sports and outdoor platforms enters into a strategic partnership with Aeon Co. from Japan and Central Group from Thailand. According to Signa, both are “Asia’s largest retailers”. [image: Signa Sports United]

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China’s billions are powering Latin America’s tech boom

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08-Jan-19 With growing emphasis on telecommunications, Chinese investment is increasingly the primary fuel behind Latin America’s tech boom. Beijing wants deals with countries that are resource-rich and have growing consumer demand, such as Colombia, Mexico, Argentina, Chile, Peru and Brazil. [image: Nelson Ching / Bloomberg]

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