20-Jul-15 In a bid to boost further Malaysia's burgeoning medtech sector, the country's investment authority has approved 11 medtech projects worth USD122 mn. Nine of the 11 projects are domestic investments by local companies, which include ABio Orthopedics, Straits Orthopedics, UWC Healthcare and Top Glove. [image: BioSpectrum]

14-Jul-15 Malaysia is being positioned the ASEAN hub of medical device manufacturing. It hosts more than 190 medical device manufacturers with investments worth RM13.2 bn (USD3.5 bn), including Ansell, Ambu, Bard, B.Braun, Haemonetics and St. Jude. The industry has been identified as one of five intended to re-energise the manufacturing sector. [image: Site Selection]

03-Aug-15 KPJ Healthcare Bhd will be building two new specialist hospitals in Sarawak, East Malaysia, in anticipation of an increase in demand: KPJ Kuching Specialist Hospital and KPJ Miri Specialist Hospital. KPJ Kuching Specialist Hospital's chairman said it was expected to be operational in 2017 and would have 150 beds for the first phase. [image: KPJ Healthcare Bhd]

02-Jul-15 IHH Healthcare, owner of Southeast Asia's largest private healthcare provider Parkway Pantai, has secured a license to establish and own 70% of Parkway Health Shanghai Intl Hospital Co Ltd in Shanghai. The remaining 30% of the company, which is licensed to provide multi-specialty hospital in-patient and out-patient services, is owned by IHH's partner Shanghai Hongxin Medical Investment Holding Co Ltd. [image: 15 Minute News]

30-Jun-15 SMalaysia's medical tourism industry continues to rake in more income for the country, with MYR1 bn (USD264 mn) expected in 2015. “Malaysia's share of the medical tourism market has nearly doubled in the last four years. In 2014, it reached 770,000 patients, bringing in revenue of around MYR700 mn,” said Prime Minister Datuk Seri Najib Tun Razak. [image: The Star]