HealthInvestor Asia Summit 2018
Financial intelligence for Asia's healthcare markets
 
 
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News

Bumrungrad Hospital, Thailand’s second-largest listed hospital operator, has reported an 8.8% rise in annual profits to Bt3.9 billion (US$124.8 million) on revenues that 2.2% to Bt18.5 billion.
Half year profits at nursing staffing provider Bamboos Health Care Holdings jumped thanks to the increase in demand for services from both institutional and individual clients and, in particular, from hospitals for its placement service.
Singapore-listed investment holding company New Silkroutes Group (NSG) is to raise S$5 million (US$3.8 million) in a private placement. Proceeds will be used to develop healthcare education and training opportunities.
Al-‘Aqar Healthcare REIT, a subsidiary of KPJ Healthcare, has reported a 33.4% rise in profits for the year to M$84.6 million (US$21.6 million) on revenues that rose 19% to M$120.3 million. The increase in profits was mainly due to higher fair value gains on investment properties and lower financing cost following the redemption of an unrated M$80 million Sukuk in July last year.
Solid H1 figures and a steady outlook for the rest of the year saw shares in aged care operator Estia Heath jump almost 6% yesterday.
Parkway Life REIT, which is owned by IHH Healthcare, has paid up for yen funding, though with the possibility of US interest rate hikes, the move is a canny way of hedging forex exposure.
For the second time in seven months, RHT Health Trust, the first business trust listed on the Singapore stock exchange with a portfolio comprising healthcare assets in India, has flagged up an event of default on its S$120 million (US$88 million) 4.5% bonds due in July.
SGX-listed TalkMed Group, a provider of medical oncology and palliative care health care services, has reported a 15.4% decline in annual profits to S$36.9 million (US$27.9 million) on revenues that fell 11% to S$61.4 million.



Analysis

Nicole Hill, global director of healthcare at ALE, has a goal to make everyone and everything in healthcare connected. She explains how healthcare is entering a second wave of digitisation in Asia.
There is a simple reason why healthcare stocks on the SGX rose today. Yesterday’s budget was focused firmly on healthcare. Finance minister Heng Swee Keat announced not just an additional S$10.2 billion (US$7.8 million) for healthcare over the next year, he made clear that he was committed to the sector.
A new paper from KPMG looks at the disconnect between consumer expectations and the current healthcare experience of patients in Australia.
Gan Kim Yong, Singapore’s minister for health, explains why integrated care is important in the context of an ageing population.
Not having featured before 2015, Chinese investment in Australia’s healthcare sector has surged over the past three years. It has reached A$5.5 billion (US$4.5 billion) across 16 completed deals, according to a new report from KPMG and The University of Sydney Business School.
Michael Griffiths, regional director of healthcare at specialist insurance brokers Howden, explains how insurance is an answer to the region’s healthcare crisis.
Nomaan Mirza, principal equity specialist at the International Finance Corporation, looks at healthcare equity opportunities in emerging markets.
The healthcare industry in Asia-Pacific is expected to grow at 11.1% in 2018, representing one of the fastest growing regions in the world, as the global healthcare economy averages a 4.8% annual growth rate.


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Markets

After a distinctly lacklustre week, markets in Asia followed US exchanges higher today and recouped many of their losses from yesterday. Gains, however, remained capped. “While Asian equities started the day with some positive upward moves, there is general nervousness around interest rates, awaiting more data to reveal the Federal Reserve's position,” said Saxo Capital Markets in Sydney in a note to clients. This became clearer as the safe haven yen continued to strengthen against the US dollar (it was last seen at ¥106.98 after trading as high as ¥108 on Wednesday). In turn the Nikkei added only 0.38%. The Kospi was the best performing regional index and last seen up 1.07%, though the SGX and the Hang Seng both performed well.


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