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KKR, CVC, other PE firms bid for Asian hospital business

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19-Mar-19 Columbia Pacific Management’s Asian hospital business has drawn interest from global PE players including KKR, CVC and Carlyle. If successful, the deal would be worth USD2 bn and be the biggest transaction in Southeast Asia’s hospital sector in nine years. [image: The Star]

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DHL Connectedness Index: Globalization hits new record high

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12-Feb-19 DHL's latest Global Connectedness Index found Southeast Asia benefited from linkages with wider Asian supply chain networks as well as ASEAN policy initiatives promoting economic integration. International flows exceed expectations the most in Cambodia, Malaysia, Mozambique, Singapore, and Vietnam. [image: DHL]

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AliPay grows overseas with China outbound tourism

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21-Jan-19 As Chinese consumers increasingly vacation overseas, their mobile-payment apps are following them, and offering a new way for merchants to attract customers. More than half of businesses saw an increase in foot traffic and transaction size after adopting Alipay. [image: Nielsen / Alizila]

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Malaysian medical device market takes hit as manufacturing slumps

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18-Jan-19 Malaysia’s reluctance to sign the Trans-Pacific Partnership has resulted in a sharp slowing of investment. Malaysia approved 15 medical-device manufacturing projects in Jan-Sep 2018 for USD160 mn, notably lower than the 25 projects in 2017 worth USD500 mn. [image: Singapore Business Review]

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