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Singapore's artificial intelligence to get SGD150 mn boost

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03-May-17 Singapore's National Research Foundation will be investing SGD150 mn (USD106 mn) into a programme aimed at boosting AI capabilities over the next five years, focusing on start-ups and development in finance, city management and healthcare. [image: Access AI]

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China is building a USD3 billion medical tourism hotspot

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03-May-17 On the island of Hainan, officials and companies are investing billions to transform a string of villages into a medical tourism destination. Businesses have already committed USD3.3 bn for 27 projects ranging from hospitals to plastic surgery clinics. [image: Skift]

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DC Holdings initiates China Healthcare Big Data Development

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28-Apr-17 Digital China Holdings, China's largest IT service provider, has announced the establishment of China Healthcare Big Data Development Co Ltd. The new company will promote the "Interconnection, Open Sharing" of Big Data in healthcare. [image: Digital China Holdings]

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Singapore Press Holdings enters healthcare sector

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 Insights

26-Apr-17 Singapore Press Holdings has entered the healthcare sector with the SGD164 mn acquisition of nursing home provider Orange Valley Healthcare. Orange Valley runs five nursing homes in Singapore, with more than 900 beds. [image: Reuters]

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Indian e-pharmacy Myra gets funds to expand in new markets

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26-Apr-17 Despite India's online pharmacy market regulatory hurdles and startups like Zigy shutting down, some investors are backing select ventures as they look to disrupt the pharma retailing industry. Bengaluru-based Myra has roped in Matrix Partners and Times Internet as investors, putting in around USD7-8 mn. Myra is planning to enter Mumbai, Delhi, Hyderbad and Pune. [image: Myra]

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