Healthcare

OUE Lippo Healthcare to buy stakes in First REIT for $142m

They will issue 2.22 billion new shares to raise $150m for the project's funding.

Healthcare spending is shifting from hospital-building to maintenance

The necessary medical infrastructure projects expected to fill the gap will be completed within the next few years.

IHH Healthcare Q2 profits crashed 65.8% to $104.49m

The weakened currencies against the Malaysian ringgit hurt its profits and revenues.

Raffles Medical eyes insurance joint venture in China

It inked a memorandum of understanding with China Taiping Insurance Group.

CHAS to expand service to Singaporeans with chronic health conditions: PM Lee

They will be covered by the scheme regardless of their income.

MediShield Life payouts hit $800m in 2017: PM Lee

About 200,000 Singaporeans benefited from the payouts.

Singapore public hospitals cave under pressure of overcrowding

Average daily bed occupancy rates for public hospitals is at 85%.

Raffles Medical Q2 profit rose 0.8% to $16.9m

Operating expenses increased amidst the building of the new Raffles Specialist Centre.

ParkwayLife REIT Q2 net property income up 1.2% to $26.2m

Revenue was up thanks to the contribution of a new nursing facility.