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
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
19-Aug-19 Singapore’s Blue Planet has acquired Globecycle Holding, a Malaysian company that specializes in handling industrial waste, for an undisclosed sum. This acquisition adds to Blue Planet’s portfolio a sustainable solution to manage both hazardous and non-hazardous waste. [image: Reuters / Edgar Su]
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Insights
02-Aug-19 ASEAN foreign ministers have declared their governments' rejection of illegal transboundary movement of hazardous chemicals, much of which is shipped to Southeast Asia from developed countries. They also mentioned the need to enhance cooperation with the international community. [image: Ministry of Environment Cambodia]
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