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Insights
03-Oct-19 Southeast Asia’s Internet economy will reach USD100 bn in 2019, up 39 percent from USD72 bn last year. While Malaysia, the Philippines, Singapore and Thailand are expanding at 20-30 percent, growth in Indonesia and Vietnam is over 40 percent. [image: bennymarty/123RF]
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Insights
25-Sep-19 Vietnam-based BuyMed, the startup behind pharma distribution marketplace Thuocsi.vn, has secured USD500,000 in seed funding led by Singapore’s Cocoon Capital and VietCapital Ventures. BuyMed was founded in 2018 to simplify healthcare distribution in Vietnam and Southeast Asia. [image: BuyMed]
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Insights
16-Sep-19 Savings of up to 20 percent are in the offing for commuters with a new app in Singapore, backed by major transport players. The Zipster app will offer savings on public transport, private-hire cars and even shared electric cars. [image: Gin Tay]
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Insights
13-Sep-19 Malaysia's Hong Leong Financial and PE firm TPG will acquire Columbia Asia Hospitals in Southeast Asia for USD1.2 bn. They will own Columbia's 17 hospitals in Malaysia, Indonesia and Vietnam, but not its 11 hospitals in India. [image: New Traits Times]
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Insights
11-Sep-19 The Malaysian health minister has shared plans to “introduce global best practices” to establish value-based services within private healthcare. He also proposed to reform public healthcare delivery and financing, giving citizens “a choice... of both public and private” services. [image: GovInsider Asia]
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