Healthcare
IHH net income down 51% YoY in Q2
IHH net income down 51% YoY in Q2
The decline was driven by foreign exchange losses amidst Turkish Lira devaluation.
IHH SG boss appointed as Group CEO
Dr. Prem Kumar Nair was chosen due to his strong credentials.
TMG's EBITDA grows to $103.3m in FY23
Its Singapore segment revenue was driven by higher bill sizes.
IHH Healthcare beefs up stake in India’s Gleneagles Global Hospitals
The SG-based healthcare provider acquired the additional stake for $121.1m.
MOH, Australia sign MOU to boost health coordination amidst ageing population
Potential collaborations are in aged care, primary care, and health financing.
Parkway Life REIT priced 7-year fixed rate notes at $33m
The notes are due in 2030.
Over one-third of Singaporeans cut back health-related expenses
TELUS Health said 65% curtailed their discretionary spending.
Vacant buildings to turn into hostel accommodation for SG’s foreign HCWs
The retrofitted rooms are for newly employed Singapore public healthcare workers.
IHH Healthcare grants approval for Agilus IPO plans
The timing of the IPO will be determined by Agilus and Fortis.
OUEH’s profit attributable to the company down nearly 80% in H1
Its revenue, however, increased 85% year-on-year (YoY) to $78.7m.
APAC vaccine distribution hub to be established in SG
It will provide easier access to vaccines.
First REIT posts lower net property income of $52.4m in 1H23
The REIT’s NPI fell 0.6% YoY.
Raffles Medical Group’s PATMI rises slightly by 0.5% YoY to $59.9m in 1H23
Its revenue, however, fell by 9.5% YoY.
SingHealth expands digital twin tech use for surveillance of disease outbreaks
It is also testing the tech for workflow and facility planning.
PLife REIT NPI up 25.1% YoY to $70.1m in H1
Its gross revenue rose by 23.6% YoY to $74.4m.
SG-based VC firm invests in remote respiratory monitoring healthcare startup
The funding will be used to expand Aevice solution to patients in Southeast Asia.
HSA seeks feedback for proposed health products active ingredients regulation
The public can submit their feedback until 23 August.
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