17-Oct-16 Global medical devices manufacturer Boston Scientific is set to expand in Asia Pacific and has embarked on its first manufacturing site in Asia, in Penang. The 375,000 square feet facility at the Batu Kawan Industrial Park is expected to be completed in Q4 2017. [image: SME Magazine]
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10-Oct-16 As state spending on health continues to increase - in the 2015-16 fiscal year it increased 7% - demand for private and specialist services are also expected to increase as the middle class grows. With this comes an opportunity for the private sector to work with the public sector, NGOs and the government to improve the situation across the country. [image: Aye Zaw Myo / World Bank / CC BY-NC-ND]
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09-Oct-16 The Manila-based Medical City hospital group is boosting its presence in the UAE, to promote medical tourism to the Philippines. It opened a AED10 mn polyclinic in Dubai in October 2015. It will be followed by more clinics in the city and the Northern Emirates in 2017, mostly through acquisitions. [image: The National]
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05-Oct-16 Chinese conglomerate Fosun International is in advanced talks to acquire Hospital da Bahia, a Brazilian hospital in the city of Salvador, for about BRL1 bn (USD308 mn). Brazilian business daily Valor Economico reported that Fosun is also looking to spend an additional BRL2 bn on other acquisitions to form a Brazilian hospital chain. [image: Fosun International Ltd]
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05-Oct-16 Giving a push to local production of high-end medical equipment, the Indian government has given its nod to sub-lease over 300 acres of land in Chennai for the country's first medical devices manufacturing park. The project will reduce the dependence on imports and create a strong base for domestic industry by providing access to state-of-the-art infrastructure. [image: PTI]
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