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Retailers suffer as Indonesians choose travel over shopping

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 Insights

07-Feb-18 Following in the footsteps of Debenhams, Clarks and Gap are counting their last days in Indonesia, following sales declines of 50% from 2015. However, while household consumption continues to decline, domestic airline passengers in 2017 grew 11% from 2015. [image:Wataru Suzuki / Nikkei Asian Review]

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Malaysia’s IHH, Temasek eye majority stake in Medanta

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 Insights

06-Feb-18 Malaysia’s IHH Healthcare and Singapore investor Temasek Holding are in separate discussions to acquire controlling interest in India's Global Health, the parent of Naresh Trehan-founded Medanta hospitals, in a deal valued at around USD900 mn. [image: ET Healthworld]

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Singapore healthcare spending will balloon this year

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 Insights

02-Feb-18 Healthcare spending in Singapore is expected to grow to USD10 bn in 2018 and will overtake education expenditure in the next 10 years, due to the ageing population, as more hospitals, polyclinics and nursing homes will be needed. [image: Singapore Business Review]

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