Philips Partners with Ayala for Integrated Health Technology Solution

Mar 1, 2019

Philips Philippines and Ayala Healthcare Holdings Inc. (AC Health) signed a memorandum of understanding to build an integrated and advanced health technology solution. The collaboration between the two firms, that aims to provide better and seamless healthcare...

Indonesia Health Tech Startup, the Fit Company, Raises Funding

Feb 1, 2019

The Fit Company, an Indonesia-based wellness tech startup, raised an undisclosed amount of seed funding from East Ventures, whose Indonesian investment portfolio includes unicorns Tokopedia and Traveloka. The funding will be allocated to build a technology-enabled...

New Healthcare Player in Malaysia Focusing on Lower Income Groups

Feb 1, 2019

Sinmah Capital Bhd (Sinmah) is venturing into the healthcare segment, earmarking MYR 100 million (USD 25 million), to be raised through internal funds and bank loans, for building a hospital in Nilai. Sinmah is an investment holding company, which divested its poultry...

Universal Health Care Act Signed into Law in the Philippines

Feb 1, 2019

The President of the Philippines, Rodrigo R. Duterte, signed the Universal Health Care (UHC) Act into law which will automatically enroll all Filipinos under the government’s health insurance program. Concerned agencies will draft implementing rules and regulations...

Singapore Expands Healthcare Subsidies for Elderly

Feb 1, 2019

The Singapore government is expanding healthcare support for elderly born between 1950 and 1959, dubbed the Merdeka Generation (MG) or those who were born prior to 1950 but did not receive the Pioneer Generation Package launched previously in 2014. All beneficiaries...