Healthcare
OUE Lippo Healthcare's CEO Wong Weng Hong resigns, to be replaced by CFO Yet Kum Meng
Wong has stepped down after being CEO for about two years.
OUE Lippo Healthcare's CEO Wong Weng Hong resigns, to be replaced by CFO Yet Kum Meng
Wong has stepped down after being CEO for about two years.
Raffles Medical's profit up 0.4% to $71m in FY2018
The revenue of its Healthcare Services division grew 6% and boosted growth.
Lonza appoints Stefan Stoffel as COO of Pharma Biotech & Nutrition
Stoffel will be responsible for the segment’s operations, quality, engineering and strategic growth.
MyDoc partners up with Homage to provide affordable onsite healthcare
Homage nurses can soon consult with doctors via video services from a patient’s home or office.
Singapore extends CHAS subsidies for chronic conditions
The subsidies will be extended to cover all Singaporeans regardless of income.
India's budget allocation for healthcare rises 13.6% to US$8.9b in 2019
The government has been laying out schemes to support lower classes’ healthcare spending.
Budget 2019 – Making healthcare more affordable and accessible
Singapore remains a leader in making healthcare more accessible for its growing pioneer generation. The focus now is likely to shift towards taking...
Ageing population to bolster pharma market growth by 5.4% annually
Medicine sales could also grow 5.7% annually and hit $2.22b by 2028.
Singapore rolls out accelerated course for allied health professionals
It targets mid-career professionals.
Daily Briefing: Malaysia pays Singapore $15m for HSR project suspension; Waste management firm Reclaims Global eyes Catalist listing
And here's how those who missed out on the Pioneer Generation Package can qualify for the Merdeka Generation Package.
Chart of the Day: Singapore's top healthcare stocks hit average returns of 3.8% YTD
ISEC Healthcare topped the list with returns of 7.8%.
Singapore healthcare professionals to enjoy 5-10% pay hikes
Those in the diagnostics and devices sectors can enjoy the highest wage increase.
Malaysian medical device market takes hit as manufacturing projects slump to $160m in 9M2018
This compares to $500m investments in 2017 and $700m in 2016.
PDPC slapped $750,000 penalty on IHiS for breaching data protection obligations
It also fined SingHealth $250,000 for the negligence of its data controllers.
Chart of the Day: Healthcare sector booked $39.7m of net inflows in H2 2018
The sector saw the highest net inflow in November with $10.5m.
Daily Briefing: Ascott REIT sells Raffles Place Singapore for $353.3m; the COI points to staff lapses and system vulnerabilities for SingHealth patient data breach
And the NEA plans to launch four new funeral parlour sites for development over the next 10 years.
Healthcare boosted Singapore's capital markets in 2018
This includes pharmaceutical firm Takeda’s $58b acquisition of Ireland’s drug company Shire.
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