18-Mar-15 In response to capacity pressure faced by Singapore's public healthcare, the government expects to add at least 1,700 acute beds by 2020, and Singapore’s private hospital market is expected to grow at 13% annually between 2015 and 2020. [image: Singapore Business Reveiw]

17-Mar-15 Malaysian hospital operator IHH Healthcare announced that subsidiary Parkway Life Real Estate Investment Trust is acquiring five nursing homes in Japan for 5.97 billion yen (USD49.5 million). The five facilities are being acquired from Japan's UBI. [image: Singapore Trading Online]

12-Mar-15 Pharmaceutical giant GSK has announced that it will use Singapore as a base to steer its growth in Asia, with the set-up of a new regional headquarters there. The new HQ will be “one of three co-global ‘control towers’ alongside the UK and US, with the full suite of capabilities and autonomy to make decisions in Asia, for Asia". [image: Reuters]

05-Mar-15 Thanks to the Korean President’s recent trip to the Middle East, four Korean pharma companies signed MOUs with Saudi firm Sudair Pharmaceutical, in deals worth about $182 million. Yonsei University Severance Hospital and Korea’s Green Cross Laboratories also signed deals with Saudi hospital operators. Korea has become one of the most popular medical tourism destinations for Middle Eastern countries. [image: Business Korea]

26-Feb-15 South Korean electronics giant Samsung has set up an R&D center in Turkey in cooperation with local tech firm Semper-Tech. The facility will conduct R&D on next-generation wireless technologies with a particular focus on healthcare and educational software. [image: Samsung]