Tag: healthcare

Retail Asia03/06/2019
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2min0
The New Zealand Government is set to publicly recommend that Kiwis seeking to quit tobacco could use vaping as a healthier alternative, with a media campaign set to begin in August. While the New Zealand Ministry for Health website notes it “does not have enough evidence to recommend vaping products confidently as a smoking-cessation tool”, […]

Retail Asia24/04/2019
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9min0
Expressing deep concern for “unscrupulous sales practices” of some Hong Kong fitness centres, the Consumer Council has named and shamed four operators it says targets young consumers with high-pressure sales tactics. “After careful consideration, the council today publicly names four fitness centres and strongly reprimands them for their undesirable sales practices targeting inexperienced young consumers,” […]

Retail Asia15/04/2019
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3min0
Australian retailer Healthy Life will join the nation’s largest health food store group, Go Vita, in the hope of strengthening the retail health channel. GoVita has more than 135 independently-owned and operated health stores in its network. Going forward, Healthy Life’s 50-plus store network will be co-branded as GoVita & Healthy Life, and both brands will retain their current […]

Retail Asia11/04/2019
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3min0
George & Matilda now has 70 practices in its network, a milestone for the eyecare retailer started in 2016, which brings together independent optometrists under a single banner. According to CEO Chris Beer, this model has been the key to success for the business, which recently added local optometrists in Victoria, Queensland and New South […]

Retail Asia26/03/2019
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4min0
Pharmaceutical retailer Sigma Healthcare’s net profit fell 33.1 per cent to $37 million in FY19, down from $55 million in the prior corresponding period. Total revenue also decreased in the year to January 31, 2019, falling 2.9 per cent to $3.98 billion, compared to $4.09 billion in FY18. The business declared a final dividend for […]

Retail Asia19/03/2019
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3min0
The proposed merger between the owners of the Priceline and Amcal pharmacy chains is off after Sigma Healthcare rebuffed an approach by its rival. Amcal owner Sigma, which is restructuring after losing a contract to supply Chemist Warehouse, said on Wednesday that October’s cash-and-scrip approach by Australian Pharmaceuticals Industries had undervalued its long-term prospects. Instead […]

Retail Asia21/11/2018
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2min0
Chinese healthcare company Tiens Group is eyeing global expansion following the success of its high-tech Shenzhen flagship store which opened in August. According to the firm, the launch was made as a step towards global expansion, featuring a combination of technology-enhanced online and offline consumer experiences such as touch-screen computers and live product demonstrations. The […]

Retail Asia11/10/2018
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3min0
HealthXCapital launched Emerging Asia’s first healthcare-focused early stage VC fund, according to a media release sent on Thursday. Backed by Apollo Hospitals, Jungle Ventures, Eight Roads Ventures (the proprietary investment arm of Fidelity International), and other private investors, early stage venture firm HealthXCapital aims to fuel healthcare innovation in Asia’s emerging economies. Healthcare Has Not Kept […]

Retail Asia20/04/2018
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3min0
Japan’s NTT Docomo has completed a trial involving the use of 5G technology to conduct remote medical examinations. The trial in the sparsely populated Wakayama Prefecture used base station equipment provided by NEC. It was conducted in collaboration with the Wakayama Prefectural Government and Wakayama Medical University and hosted by Japan’s Ministry of Internal Affairs […]

Retail Asia16/01/2018
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4min0
Vietnam’s Finance Ministry has proposed a special consumption tax on some soft drinks that it claims contain an unhealthy amount of sugar, but its argument has been dismissed by other ministries. The Ministry of Industry and Trade said in a statement that imposing a special consumption tax on soft drinks because they contain sugar is […]

Retail Asia02/01/2018
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6min
Parents may soon find it cheaper to feed their newborn babies with a move by three public hospitals in Singapore to switch to cheaper milk powder. Those who feed their babies with infant formula could find their costs halved when the hospitals offer cheaper ready-to-feed (RTF) brands to infants in hospital from July 1. As […]

Retail Asia21/12/2017
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4min0
Frost & Sullivan predicts that by 2025, 10% of hospitals globally will have completed or be in various stages of implementing smart hospital initiatives. The research firm projects significant market growth and billions of dollars in revenues for four key segments, including pharmacy automation, mobile asset tracking, data analytics, and cloud computing. Frost forecasts the […]

Retail Asia02/11/2017
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3min0
The global IoT healthcare market is will grow to exceed $10 billion by 2024, Global Market Insights predicts. Market growth is primarily driven by the implementation of advanced digital solutions across the sector. The integration of such technology in the healthcare infrastructure is expected to streamline the operations, improvise the patient interactions and enhance the efficiency of […]

Retail Asia17/08/2017
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4min0
Swisslog Healthcare, a supplier of medication supply chain solutions and services, has acquired Talyst Systems, a market leader in pharmacy automation solutions for hospitals and long-term care facilities. Healthcare providers around the world share similar challenges with delivering medications safely and efficiently. The acquisition creates an unmatched portfolio of inpatient and outpatient pharmacy solutions that […]

Retail Asia07/06/2017
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4min0
The transformative potential of 5G connectivity is becoming increasingly important in healthcare as patients start to demand more connected care through wearables, apps, and telehealth, according to Ericsson’s latest consumer lab report. The report, titled ‘From Healthcare to Homecare’, reveals consumer insights into the impact of 5G on the future of healthcare and its transformation […]

Retail Asia25/05/2017
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2min0
The Internet of Things (IoT) in healthcare will remain experimental over the 2017-2020 period, according to the latest research from Strategy Analytics. Strategy Analytics said IoT has the potential to provide significant benefits but must compete for a share of total technology spend. IoT will grow at 18% on a compound annual basis across 2016-2025, with annual […]

Retail Asia19/04/2017
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4min0
The country topped the list in the Health Governance Capacity Index (HGCI) by Brookings Institution. The HGCI aims at effectively utilizing private investment in healthcare research and development by measuring low and middle income economies’ governance health capacity in a set of five dimensions: health management capacity, health policies, health regulations, health infrastructure and financing, […]


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