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WeChat Pay to keep overseas focus on outbound tourism

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 Insights

11-Jul-18 Tencent Holdings' WeChat Pay said it will not seek to offer more local payment wallets to overseas customers over the next three years and will remain focused on serving outbound Chinese tourists better in popular overseas destinations. [image: SCMP]

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Chinese medical tourists flocking to Southeast Asia

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 Insights

09-Jul-18 The number of Chinese couples visiting Thailand and other Southeast Asian countries for fertility treatment has been rising since 2016, when the Beijing government relaxed the country's one-child policy. 27,000 Chinese tourists visited Thailand for medical purposes in 2016. [image: Bangkok Post]

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Vietnam has roadmap to upgrade and modernise healthcare

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 Insights

06-Jul-18 To enhance clinical laboratory practice in Vietnam, Roche Diagnostics together with leading industry associations, government-linked bodies developed an educational Lean Six Sigma program designed a system to improve and address the needs and challenges of these labs in Vietnam. [image: Steffen Schmidt / AP / Fortune]

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Temasek invests USD50 mn in TPG Growth's Asia healthcare platform

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05-Jul-18 US private equity company Asia Healthcare Holdings has raised USD50 mn from Singapore's Temasek Holdings. Asia Healthcare has made two investments: Rhea Healthcare, which runs a hospital chain under the Motherhood brand, and Cancer Treatment Services International. [image: Business Standard]

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How Southeast Asia became a blockchain hub

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 Insights

05-Jul-18 A mix of social and economic factors have combined to make Southeast Asia a rapidly developing blockchain technology hub, including the region’s under-subscription to its banking network, with only 27% of the 655 million population holding a bank account. [image: iStock / Asia Times]

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