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Healthcare

Update

Raffles Medical Group acquires land to develop hospital in Chongqing

SINGAPORE (April 3): Raffles Medical Group (RMG) has acquired a 28,000 sq m plot of land in the New North District of the Liangjiang New Area in Chongqing, China, on which it intends to develop a 700-bed international tertiary general hospital.

In print this week

A lesser-known tech manufacturing stock that’s not to be missed

SINGAPORE (March 24): With solid cash flows and little debt, tech and electronic component manufacturers have long been favourites among yield-seeking investors.

Raffles Medical Group to ‘explore cooperation’ with Chinese administrative committee

SINGAPORE (Feb 27): Raffles Medical Group says it has entered into a memorandum of understanding (MoU) to “explore cooperation” between itself and China’s Chongqing Liangjiang New Area Administrative Committee on “healthcare-related projects”.

Results

Haw Par posts 31.8% decline in FY16 earnings to $125 mil on absence of one-off gains

SINGAPORE (Feb 23): Haw Par Corporation reported FY16 earnings of $125 million, a 31.8% decline from the previous year’s earnings of $183.3 million due to one-off equity accounting gains from an associate in the previous year.

Insurance premiums under scrutiny as healthcare costs continue to rise unabated

SINGAPORE (Feb 16): In 2014, Patrick Tan underwent several surgical procedures as a result of two accidents suffered while playing football. Eighteen months later, his medical bill was an astronomical $400,000. At the time, he and his wife, Audrey, were e

Oxley grants IHC convertible loan facility of up to $50 mil

SINGAPORE (Feb 10): Property developer Oxley Holdings, together with CEO Ching Chiat Kwong and deputy CEO Low Chee Sing, have entered into an agreement to grant a convertible loan facility to medical group International Healthway Corporation (IHC) for the

Investing strategies

3 stocks to focus on now that the CFE report is out

SINGAPORE (Feb 10): CIMB Research is highlighting its most preferred stocks from various sectors which it thinks could benefit from the strategies set by the Singapore government for the long term, following yesterday’s release of the long-awaited Commi

Trendlines Medical Singapore to hold opening ceremony on Feb 22

SINGAPORE (Feb 1): Trendlines Medical Singapore, the medical incubator subsidiary of Israeli firm Trendlines Group, will hold its official opening ceremony on Feb 22 at its office located at Launchpad @One North.

Trendlines Medical Singapore to get grant of up to $2.2 mil from SPRING Singapore

SINGAPORE (Jan 16): Trendlines Medical Singapore, the medical incubator subsidiary of Israeli firm Trendlines Group, will receive a grant of up to $2.2 million under SPRING Singapore’s Incubator Development Program.
Smog in China

China

China’s airpocalypse paves a path for new cancer medicines

BEIJING (Jan 6): The thick haze of pollution blanketing northern China this winter is a grim reminder of the nation’s new growth industry: lung cancer drugs.
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