11-Aug-16 Malaysian and Chinese investors should enter into joint ventures to tap the huge potential for rubber medical gloves in China, given the country’s huge population and low usage of such gloves currently, Malaysia's Plantation Industries & Commodities Minister has said. China's current use of rubber medical gloves is three pairs per capita, compared with 25 pairs per capita globally. [image: The Star]
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10-Aug-16 Government hospitals in Malaysia need 16,000 more beds, especially in the Klang Valley, to cater to the increasing number of patients. Malaysia now has a ratio of 1.85 hospital beds per 1,000 population, which does not reach the international standard ratio of 2.50. [image: Berita Daily]
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03-Aug-16 Malaysia's KPJ Healthcare has entered into a MOU with two Japanese partners Sojitz Corp and Capital Medica - Japan’s leading hospital and nursing home operator - to explore developing a USD12 mn oncology centre near Jakarta, Indonesia. The collaboration will facilitate sharing medical technology and know-how between Japan, Malaysia and Indonesia. [image: Fintel]
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02-Aug-16 Malaysia’s medical devices sector is expected to contribute MYR11 bn (USD2.7 bn) in exports in 2016, with revenue from the health tourism and pharmaceutical sectors expected to reach MYR1 bn (USD248 mn) and MYR800 mn (USD199 mn) respectively. Malaysia is the largest surgical gloves manufacturer in the world and also makes beds, dental chairs and orthopaedic implants. [image: Free Malaysia Today]
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05-Jul-16 Malaysian inpatient admissions appear finally to have turned around in the first quarter of 2016 after three consecutive quarters of decline, with IHH Healthcare Bhd up 10% year-on-year and KPJ Healthcare Bhd up 4%. The turnaround suggests that the drag on healthcare business volume from the implementation of the goods and services tax has finally worn off. [image: Bloomberg / Affin Hwang forecasts]
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