Healthcare

The future of healthcare for Singapore's ageing population

The future of healthcare for Singapore's ageing population

Singapore’s ageing population is rising rapidly and elderly healthcare support is top of the government’s agenda with several major steps already...

Value of Singapore's pharma market hit $1.22b in 2017: BMI Research

Biopharmaceutical giants continued to choose Singapore as the site for their manufacturing headquarters.

NTUC Health unveils new nursing home in Chai Chee

It is the company's second and largest nursing home to date.

Singapore needs to control inpatient costs amidst high medical inflation

High medical fees still drive inflation even if it has dropped from 20% to 9.6% in three years.

GIC joins $140m investment pool for DNA analysis firm

The company develops a portable DNA/RNA sequencer for customers in 70 countries.

Raffles Medical could be hurt by full-rider insurance changes

About 12-18% of its pre-tax profit is exposed to the insured market.

Raffles Medical could lose $15m from Chongqing hospital

The hospital could open in Q4 2018 and get startup losses.

IHH recovers from loss with $34.15m Q4 profit

It continuously ramped up its hospitals that opened in 2017.

Health spending to reach $16.6b as Singapore ages

Middle aged Singaporeans are about to reach 2.3 million in 2022.

OUE Lippo Healthcare hit by $94.45m loss in 2017

This was dragged by a $5.5m decrease in revenue.

ParkwayLife REIT buys Japanese elderly nursing home for $17.8b

It will inject the fund into the property's operator.

CHA-SMG consortium buys majority stake in Aussie IVF firm

Singapore Medical Group will own an effective interest of 13% stake in said company.

Parkway Life REIT's net property income inched up 0.2% in 2017

This is mainly due to a 6% decrease in property expenses.