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Alibaba buys Pakistani online retailer Daraz

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11-May-18 Alibaba has bought Pakistani e-commerce firm Daraz, as it looks to increase its presence in South Asia. Daraz, founded in 2012, is backed by tech incubator Rocket Internet and operates in Bangladesh, Myanmar, Sri Lanka, Nepal and Pakistan. [image: Shutterstock / Retail In Asia]

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Malaysia to generate USD725 mn healthcare revenue by 2020

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30-Mar-18  Malaysia expects to generate hospital revenue of MYR2.8 bn (USD725 mn) by 2020, with target markets in Indonesia, Myanmar, China and Vietnam. In 2017 hospital revenue from one million healthcare travellers was was MYR1.3 bn (USD337 mn). [image: New Straits Times]

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Myanmar lures Thailand's richest health firm

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24-Jan-18 Thonburi Healthcare Group, Thailand’s top-performing health stock in 2017, will open a USD75 mn, 200-bed hospital in Myanmar in June 2018 as part of a USD253 mn investment to expand services in Thailand and Southeast Asia. [image: Bloomberg]

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