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Raffles Medical posts 14.1% drop in FY2019 earnings, but looks for novel measures to cope with Covid-19

Raffles Medical is looking to remain profitable in 2020, barring unforeseen circumstances like the prolongation of the novel coronavirus outbreak

Global Economy

Advanced economies' missing link

(Feb 21): As 2020 gets underway, employment in both Europe and the US is at a record high and still rising. The job losses from the 2008 financial crisis and subsequent recession have been all but reversed – but you wouldn’t know it from the public mo


Healthcare and glove stocks march on as Wuhan virus continues spread, claims higher deaths

Glove manufacturers and healthcare stocks lead the gainers on Tuesday, as the outbreak of the coronavirus spread to 14 countries, including Singapore.


Prudential Singapore rolls out cashless medical service at two private hospitals

SINGAPORE (Nov 5): Prudential Singapore has rolled out a service allowing its customers to receive cashless medical services when seeking treatment from participating specialists at Raffles Hospital and Mount Alvernia Hospital.


SPH to invest $50 mil in new investment fund for aged care, healthcare assets

SINGAPORE (Oct 16): Singapore Press Holdings, via its wholly-owned subsidiary, SPH JPAM, has entered into a strategic partnership with asset managers Bridge C Capital Inc to set up an investment fund focused on investing in aged care and healthcare assets

Trans-boundary haze

Hazy skies have little impact on healthcare providers, says CGS-CIMB

SINGAPORE (Sept 25): The ongoing haze has little impact on healthcare providers in terms of revenue or share price, but prolonged haze conditions showed an increase in admissions to private hospitals, an analysis by CGS-CIMB Research has found.


Singapore's billion-dollar headache

SINGAPORE (Sept 18): How much does a migraine cost? The type of throbbing headaches cost Singapore some $1.04 billion last year, according to new research released Wednesday by the DUKE-NUS Medical School and Novartis.

Startups, Entrepreneurs, Digital economy

UK start-up builder says one in two young Singaporeans want to be an entrepreneur

SINGAPORE (Aug 19): Days after a survey by the World Economic Forum suggests that scarcely any youthful Singaporean wants to be an entrepreneur, another study seems to suggest otherwise.

Investing strategies

Investing in the ageing population theme

Silver economy a long-term play  Earlier this year, BlackRock identified ageing as one of the megatrends that would shape the global economy of the future. Other megatrends include climate change, resource scarcity, technological breakthroughs and rap


Staying healthy for longer the most 'cost-effective healthcare system', experts say

SINGAPORE (July 26): Singapore has the highest life expectancy among Organisation for Economic Co-operation and Development countries, with average life expectancy increasing from 76.1 years in 1990 to 84.8 years in 2017. But more than a decade of that ex