21-May-16 Developing traditional medicine in combination with modern healthcare is the top priority of the Vietnamese Party, State and the Ministry of Health. Health Minister Nguyen Thi Kim Tien delivered the message at a teleconference to review the five-year implementation of Vietnam’s traditional medicine development plan by 2020. [image: VNA]

20-May-16 Singapore's hospitals are up against stiff competition from ASEAN. As more Southeast Asian hospitals modernise, the city-state is slowly losing its appeal as a medical tourism hub. Indonesian healthcare providers are aggressively investing in new facilities and equipment, said Dr Beng Teck Liang, Executive Director, Singapore Medical Group. This has exacerbated the impact of the weak Indonesian rupiah. [image: Singapore Business Reveiw]

19-May-16 Philips, a significant early investor in Singapore, has opened an APAC centre to support its transformation to a healthcare technology provider. “Philips' transformation into a health and wellness company, with a growing emphasis on innovation and value creation is very much aligned with our imperatives for the future of Singapore’s economy,” said Mr S Iswaran, Minister for Trade & Industry. [image: Philips]

19-May-16 Panasonic Healthcare Indonesia, a Panasonic subsidiary producing medical equipment, plans to increase sales by 70% over the next four years on the back of growing exports. The company eyes USD88 mn in sales by 2020, up from USD51 mn in 2015. Panasonic acquired Bayer Diabetes Care earlier this year, opening up opportunities for the Indonesian unit to tap offshore markets. [image: Jakarta Globe]

17-May-16 Already one of the world’s most popular tourist spots, Bali is now aiming to become a medical tourism destination. The Bali administration is constructing a new 176 bed Bali Mandara Hospital for IDR199 bn (USD15 mn), targeted for completion in 2016. The hospital is designed as an integrated cancer treatment center with facilities for radiodiagnostics, radiotherapy and nuclear medicine. [image: Balicsd / Google Earth]