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Healthcare

Singapore economy

How much is pain costing Singapore’s economy?

SINGAPORE (June 20): Pain conditions are costing Southeast Asian economies about US$44.6 billion ($61.9 billion) in productivity losses on an annual basis – out of which Singapore’s estimated productivity losses make up about US$6.2 billion per year,

June 20, 2017

Broker's Calls

Growth is a given for this leading healthcare stock, but the risks are still aplenty

SINGAPORE (June 5): Maybank Kim Eng Research is maintaining its “hold” call on IHH Healthcare with a higher price target of RM6.17 ($2) from RM5.62 previously, highlighting the stock as a healthcare leader in the premium hospital segment with a strong

June 05, 2017

Hossein Nejati, KroniKare

Startups, Entrepreneurs, Digital economy

AI startup KroniKare diagnoses wounds with smartphones

(May 31): As robots continue to displace factory workers and payment terminals replace cashiers, a Snapchat for the medical industry could change the way healthcare professionals work. Local start-up KroniKare is developing a mobile application that asses

May 31, 2017

The Evergrande-Wonjin Plastic Surgery Hospital on the outskirts of Tianjin

China's biggest developers are betting on US$2,400 nose jobs

(May 26): It’s called "Asia’s top-notch plastic surgery hospital," according to the promotional brochure for the grand, Chinese palace-style building near the port of Tianjin.

May 26, 2017

Rally in Singapore healthcare stocks may not be over

SINGAPORE (May 22): Healthcare stocks in Singapore have rewarded investors with an average 50% gain in the past year, a rally that may continue as companies acquire local clinics to expand in the region’s medical-care market.

May 22, 2017

Results

Cordlife sees 3Q losses narrow 80.4% to $0.4 mil

SINGAPORE (May 12): Cordlife Holdings says 3Q17 losses narrowed to $0.4 million from $2 million a year ago.

May 12, 2017

Broker's Calls

Budding property & healthcare potential to boost this stock's prospects in the region

SINGAPORE (May 9): DBS Vickers Securities is maintaining its “buy” rating on Perennial Real Estate holdings with a target price of $1.05, following its strong 1Q17 set of results boosted by gains from its partial divestment of TripleOne Somerset in Ja

May 09, 2017

Global Economy

House passes Obamacare repeal in razor-thin GOP victory

WASHINGTON (May 5): House Republicans mustered just enough votes to pass their health-care bill Thursday, salvaging what at times appeared to be a doomed mission to repeal and partially replace Obamacare under intense pressure from President Donald Trump

May 05, 2017

Image: Orange Valley

M&A

SPH acquires nursing home operator Orange Valley for $164 mil

SINGAPORE (April 25): Singapore Press Holdings (SPH) today announced its acquisition of Orange Valley Healthcare (OV), the operator of nursing homes and ancillary services, for about $164 million from private equity firm KV Asia Capital.

April 25, 2017

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