Healthcare

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.

Raffles Medical links IncomeShield policyholders to over 200 private specialists

Policyholders can now book an appointment in NTUC Income’s website.

Here's why Singapore's healthtech landscape looks promising

The country's Research, Innovation and Enterprise 2020 (RIE 2020) allocated $4b for R&D developments from 2016 to 2020.

IHH could pay up to $1.47b for controlling stake in Fortis Healthcare

It was chosen as the bidder to buy the controlling stake at 31.1% to 57.1%.

Singapore secured US$16m of healthtech investments in H1 2018

It ranked next to China and India as a hotspot for healthtech investments.

Daily Briefing: Senior transport minister urges oBike for concrete refund plans; IHH Healthcare likely to buy Indian hospital shares

And AI Singapore's speech recognition system with real-time transcriber will be commercially available within 18 months.

SGX Healthcare Index rose 6% in 2018

Amongst top performers were Top Glove, Tianjin Zhong Xin Pharmaceutical, Haw Par, and IHH Healthcare.