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☆ Malaysian health care has 'several good things going for it': IHH Healthcare
▼ + stars: | 2024-09-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalaysian health care has 'several good things going for it': IHH HealthcarePrem Kumar Nair, group CEO of IHH Healthcare, says the country has a good supply of trained manpower.

Persons: Prem Kumar Nair Organizations: IHH Healthcare

☆ Israeli military announces 'tactical pause' in attempt to increase flow of aid into hard-hit Gaza
▼ + stars: | 2024-06-16 | by ( ) www.cnbc.com time to read: +2 min

JERUSALEM (AP) — The Israeli military on Sunday announced a "tactical pause" in its offensive in the southern Gaza Strip to allow the deliveries of increased quantities of humanitarian aid. It said the pause was being coordinated with the U.N. and international aid agencies. That was down from 168 a day in April and far below the 500 trucks a day that aid groups say are needed. The flow of aid in southern Gaza declined just as the humanitarian need grew. COGAT, the Israeli military body that oversees aid distribution in Gaza, says there are no restrictions on the entry of trucks.

Persons: Salah, Israel's Organizations: Humanitarian Relief Foundation, Sunday Locations: Gaza, JERUSALEM, Rafah, Israel, COGAT

☆ Pro-Palestinian Crowds Try to Storm Air Base Housing U.S. Troops in Turkey
▼ + stars: | 2023-11-05 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

Incirlik, which has been used to support the international coalition fighting Islamic State in Syria and Iraq, also houses U.S. troops. Footage from the protests showed police firing tear gas and using water cannons to disperse crowds waving Turkish and Palestinian flags and chanting slogans. Protesters were also seen hurling plastic chairs, rocks, and other items at police, who fired smoke bombs at crowds. Scuffles broke out between the crowds and security forcesIHH President Bulent Yildirim addressed crowds in Adana and urged them to refrain from attacking police. (Reporting by Dilara Senkaya, Murad Sezer, Mehmet Emin Caliskan, and Ali Kucukgocmen; Writing by Tuvan Gumrukcu; Editing by Giles Elgood)

Persons: Dilara Senkaya, Mehmet Emin Caliskan, Antony Blinken, Israel, Scuffles, Bulent Yildirim, IHH, Hakan Fidan, Murad Sezer, Ali Kucukgocmen, Giles Elgood Organizations: Turkish, U.S, Hamas, Humanitarian Relief Foundation, Israel Locations: Mehmet Emin Caliskan ADANA, Turkey, Ankara, Gaza, Israel, Turkish, Adana, U.S, State, Syria, Iraq

[1/3] Turkish police use water cannons and tear gas to disperse Pro-Palestinian demonstrators during a protest against the U.S. and Israel near the Incirlik Air Base, which is housing U.S. troops, in Adana, southern Turkey November 5, 2023. Incirlik, which has been used to support the international coalition fighting Islamic State in Syria and Iraq, also houses U.S. troops. Footage from the protests showed police firing tear gas and using water cannons to disperse crowds waving Turkish and Palestinian flags and chanting slogans. Protesters were also seen hurling plastic chairs, rocks, and other items at police, who fired smoke bombs at crowds. Scuffles broke out between the crowds and security forcesIHH President Bulent Yildirim addressed crowds in Adana and urged them to refrain from attacking police.

Persons: Dilara, Antony Blinken, Israel, Scuffles, Bulent Yildirim, IHH, Hakan Fidan, Dilara Senkaya, Murad Sezer, Mehmet Emin Caliskan, Ali Kucukgocmen, Giles Elgood Organizations: Turkish, U.S, Incirlik, Base, REUTERS, Rights, Hamas, Humanitarian Relief Foundation, Israel, Thomson Locations: Israel, U.S, Adana, Turkey, Rights ADANA, Ankara, Gaza, Turkish, State, Syria, Iraq

☆ Macquarie, Columbia Asia among bidders for Ramsay-Sime Darby $1.3 bln healthcare JV - sources
▼ + stars: | 2023-09-13 | by ( Rishav Chatterjee | ) www.reuters.com time to read: +1 min

REUTERS/FILE/David Gray Acquire Licensing RightsSept 13 (Reuters) - Australia's Macquarie (MQG.AX) and Malaysian hospital chain Columbia Asia are among the bidders for the acquisition of a healthcare joint venture between Ramsay Health Care and Sime Darby, according to sources familiar with the matter. Ramsay Health Care (RHC.AX) and Malaysian conglomerate Sime Darby (SIME.KL) in June announced their plan to sell Ramsay Sime Darby Health Care (RSD) in a deal that could value the Asia-focused joint venture at 6 billion ringgit ($1.28 billion). Macquarie has been investing in the healthcare sector since 2005 and has been operating in Malaysia for over 24 years, while Columbia Asia has been running medical facilities across Southeast Asia with significant presence in Malaysia. Bloomberg had earlier reported that a unit of Kuala Lumpur- listed Sunway Bhd was also among the shortlisted bidders along with Columbia Asia and Macquarie. Columbia Asia, Macquarie, Sunway, Ramsay and Sime Darby did not immediately respond to a request for comment.

Persons: David Gray, Macquarie, Sime Darby, Ramsay, Ramsay Sime Darby, Rishav Chatterjee, Saumyadeb Organizations: Macquarie Group Ltd, Ramsay Health Care, Sime, Ramsay Sime, Ramsay Sime Darby Health, IHH Healthcare, KKR, Co Inc, Columbia, Bloomberg, Thomson Locations: Sydney, Australia, Columbia Asia, Malaysian, Asia, Malaysia, Southeast Asia, Kuala Lumpur, Macquarie . Columbia Asia, Macquarie, Sunway, Bengaluru, Yantoultra, Singapore

☆ Desperate Sudanese flee to Chad as fighting deepens
▼ + stars: | 2023-05-10 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

Sudanese women, who fled the violence in their country and who were waiting desperately for food distribution, dodge the soldiers attempting to hold them back as they tried to grab bags of provision when they saw that supplies brought by a Turkish...moreSudanese women, who fled the violence in their country and who were waiting desperately for food distribution, dodge the soldiers attempting to hold them back as they tried to grab bags of provision when they saw that supplies brought by a Turkish aid group (IHH) were running out, near the border between Sudan and Chad in Koufroun, Chad, May 7. REUTERS/Zohra BensemraClose

☆ Sudan faces displacement crisis as truce talks yield no progress
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +3 min

[1/5] Sudanese refugees, who fled the violence in their country, wait to receive food supplies from a Turkish aid group (IHH) near the border between Sudan and Chad in Koufroun, Chad May 7, 2023. The violence has accelerated a wave of people fleeing their homes, with the number of people internally displaced inside Sudan more than doubling in a week to more than 700,000 the U.N.'s migration agency said. Meanwhile there has been no outward sign of progress in the talks that have taken place in Saudi Arabia since Saturday despite their limited goal of a ceasefire to allow humanitarian access. "We believe the peaceful solution is the ideal route to handle this crisis," he said, but gave no indication he was ready to make concessions. Turkish President Tayyip Erdogan's office said he had spoken with Burhan on Tuesday and said Ankara was willing to host further talks on a more comprehensive settlement.

☆ Factbox: How big is the aid crisis caused by the Sudan fighting?
▼ + stars: | 2023-05-09 | by ( Emma Farge | ) www.reuters.com time to read: +4 min

SUDAN* More than 330,000 people have been displaced in Sudan since April 15, according to the International Organization for Migration. An internal U.N. estimate obtained by Reuters shows this figure is expected to increase by 5 million, including 2.5 million children. * A $1.75 billion U.N. aid programme for Sudan in 2023 is 15% funded. SOUTH SUDAN* Some 240,000 people are expected to flee from Sudan to South Sudan, UNHCR says. * The country's $1.7 billion U.N. aid programme for the year is 26% funded.

Now, according to an internal U.N. estimate obtained by Reuters, 5 million additional people in Sudan will require emergency assistance, half of them children. Even before the latest crisis, U.N. humanitarian appeals for Africa faced a $17-billion funding gap this year, risking leaving millions without lifesaving assistance. Last year, it spent a third of its overseas aid budget housing refugees inside the UK, a British aid watchdog said in March. Sudan was hosting over 1 million refugees, mainly from South Sudan, Eritrea, Ethiopia and Syria, before the outbreak of fighting last month. Aid workers have been killed, food aid looted, and WFP says it's running out of stocks.

☆ Temasek hospital deal channels its Dr Resilience
▼ + stars: | 2023-04-11 | by ( Anshuman Daga | ) www.reuters.com time to read: +3 min

SINGAPORE, April 11 (Reuters Breakingviews) - Temasek is picking a good time to focus on health. The sovereign investor is taking control of Indian hospital operator Manipal for $2 billion. Others are on an Indian health drive too. Follow @anshumandaga on TwitterCONTEXT NEWSSingapore’s Temasek will buy an additional 41% stake in Manipal Health Enterprises, the unlisted Indian hospital chain said on April 10. After the deal closes, the Pai family’s Manipal Group will hold about 30% of Manipal Health.

☆ Asia is aging rapidly. Strategists reveal stocks to cash in — including tech
▼ + stars: | 2023-04-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

He recommended the Global X Aging Population ETF , which includes not just health-care companies and pharmaceutical firms, but also wearables and medical device companies such as Cochlear, GN Store Nord and Teleflex. China's 'very promising bets' Investors can look to focus on China's aging population by market reach or income segment, according to Leverage Shares' Rao. As for investors looking to get exposure to China's wealthier income segment, he named Raffles Medical, Asian Healthcare Specialists and IHH Healthcare — stocks that will also give similar exposure in other Asian countries. Dividend payers and financial services High-dividend-paying stocks as well as financial services are set to benefit from the aging population, according to analysts. Another potential beneficiary of aging populations is financial services, according to Rob Clarry, investment strategist at wealth manager Evelyn Partners.

The companies are in talks with financial advisors to explore a sale of Selangor, Malaysia-based Ramsay Sime Darby Health Care to strategic investors, three sources said. "Sime Darby Berhad continues to review strategic growth options for our healthcare segment," a company spokesperson told Reuters in an emailed statement. Ramsay Sime Darby did not immediately respond to comment. IHH, one of Asia's biggest private hospital operators, had submitted an indicative proposal in March 2022 to buy Ramsay Sime Darby Healthcare. Ramsay Sime Darby was established in 2013 via an equal joint venture of Ramsay and Sime Darby to expand their healthcare business in Southeast Asia.

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