15-Sep-16 Biomedical manufacturing contributed just under SGD30 bn (USD41 bn) to Singapore's GDP in 2014. Of this, pharmaceuticals accounted for nearly SGD17 bn and medical technology about SGD11 bn. This sector employs over 18,000 workers, most of whom are highly skilled and technically qualified. [image: ZUU Online]

15-Sep-16 Non-government operators are being sought to redevelop and run five regional public hospitals across New South Wales in Australia. Under the partnership plan, the winning bidders would construct the hospitals then run them on behalf of the State Government. The Health Minister said partnering with non-government operators would allow the Government to provide bigger and faster redevelopments. [image: Chris Coleman / ABC News]

13-Sep-16 The US’s Quantus Inc is planning to invest in a hi-tech hospital at Saigon Hi-Tech Park in Vietnam. The project will have 25-storey and 12-storey buildings, with a hi-tech hospital, a life science research and development institute, a residential area for patients' relatives, a VIP area, and a trade center. [image: SHTP]

09-Sep-16  Korea has unveiled a comprehensive plan to boost its medical sector. The 5-year plan includes providing tax cuts for companies making investments in building R&D facilities and conducting clinical trials to test new drugs. It also expects to attract 750,000 more foreigners to the country for treatment. [image: Arirang]

05-Sep-16 The Shenzhen government started to encourage private healthcare investment three years ago. The city offers a reward of RMB20 mn (USD3.3 mn) to private investors who set up, or upgrade a medical facility to become, a top-level hospital. It also provides other financial support, including subsidies to hospitals for receiving patients, to encourage private investment. [image: Silk Gate]