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Telstra Health expands presence in Asia

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24-Aug-15 Telstra Health has announced several key contract wins and implementations of hospital electronic medical record systems in Malaysia and Thailand, adding to its existing customer base in Asia and its established offices in Hong Kong, Malaysia and India. [image: Telstra Health]

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KPJ Healthcare to spend on 10 new hospitals in Malaysia

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12-Aug-15 KPJ Healthcare Bhd, Malaysia's largest listed healthcare group, will spend RM1.5 bn (USD365 mn) to build 10 new hospitals there. The proposed hospitals will add 2,000 beds to the group, bringing the total to 5,000. KPJ currently operates 25 hospitals in Malaysia, two in Indonesia and one in Bangladesh, as well as a 23% stake in Vejthani Hospital in Bangkok. [image: KPJ Healthcare]

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Parkway buys majority stake in India’s Global Hospitals

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05-Aug-15 Malaysia's IHH Healthcare Bhd, through its wholly-owned subsidiary Parkway Holdings, is reported to have acquired a 74% stake in Hyderabad-based Global Hospitals Group for an equity value of INR1,800 crore (USD277 mn). in March 2015 IHH acquired a 51% stake in Hyderabad-based Continental Hospitals. It also already owns a 10.5% stake in India’s Apollo Hospitals. [image: IHH Healthcare Berhad]

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Malaysia approves 11 MedTech projects

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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]

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Malaysia, the ASEAN medical device manufacturing hub?

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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]

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