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Business

The risks you face in ‘commoditising’ healthcare

Countries around the world have recognised the need for a robust healthcare system for sustainable growth and development. Recent data shows that the US spends about 17.2% of its GDP on healthcare, while the average spending by Canada, Germany, Australia, the UK, Japan, Sweden, France, the Netherlands, Switzerland and Denmark was around 10.7% of their GDP in 2016.

Business

Malaysia's healthcare market to reach RM127.9b by 2027, says Fitch Research

KUALA LUMPUR: Malaysia's healthcare market is expected to grow by 127% to RM127.9bil in 2027 from the RM56.3bil in 2017 as the government pushes ahead with higher public healthcare expenditure, says Fitch Solutions Macro Research.

Business

Worry over healthcare sector

NEW YORK: With another election year looming, investors in the healthcare sector are wary the coming months could reopen wounds suffered during the 2016 US presidential race.

Business

Top Glove tops SGX’s healthcare sector best performers list

PETALING JAYA: Top Glove Corp Bhd is the best-performing constituent of the iEdge SG All Healthcare Index, with a 41.4% return on a year-to-date basis.

Business

Reforms in Malaysia's healthcare funding vital

FROM the year 2000 to 2010, healthcare expenditure in most developed and developing countries has more than doubled. However, there is more room for growth in developing countries as average spending per capita is only a fraction of that in developed nations.

Business

Weak ringgit seen as boon to healthcare sector

KUALA LUMPUR: The ringgit’s weakening has played a part in contributing to the growth of the healthcare travel industry in the country, according to Malaysia Healthcare Tourism Council chief executive officer Sherene Azli.

Analyst Reports

Affin Hwang Research upgrades healthcare to overweight

KUALA LUMPUR: Affin Hwang Capital Research has upgraded its call on the healthcare sector to overweight as it upgrades IHH Healthcare to Buy after the 4Q17 results.

Business

Analysts say healthcare stocks are defensive by nature and sound investments

PETALING JAYA: Healthcare and affiliated stocks have garnered increased investor attention of late. Reason? Their defensive nature.

Business

BP Healthcare to invest RM50m in 2 new specialists centres

KUALA LUMPUR: BP Healthcare Group plans to invest RM50mil in two new specialist centres as it seeks to grow organically and eyes more acquisitions to expand its healthcare network.

Business

PRG makes foray into healthcare ops

KUALA LUMPUR: PRG Holdings Bhd (PRG) is making an entry into the healthcare business in Malaysia following its proposed acquisition of a medical centre.