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HIKE IN MEDICAL DEVICE EXPORTS

Demand rising from China and India although consumption in the US and Japan is slower.

GEROGE TOWN: The export revenue of medical devices from Malaysia is expected to surpass RM12bil this year, compared with about RM11bil in 2010 a growth to over 9%

DEPUTY MINISTER OF HEALTH URGES INDUSTRY TO SUPPORT ASIA MEDICAL 2011

Putra World Trade Centre (PWTC) played host recently to the launch of Asia Medical (AM), Malaysia's exciting new international trade exhibition and conference focusing on the sales opportunities currently prevalent in this rapidly expanding market.

ASIA MEDICAL INTRODUCES 2 CONFERENCES HELD ALONGSIDE!

Asia Medical's official media partner, Infinity 21, organised Meet & Mingle Session in collaboration with Asia Medical 2011 once again which was held on the 28th April 2011. It was a casual gathering of about 70 high profiled guests from the medical community coming together to witness the exciting news on the upcoming Asia Medical 2011 (AM 2011) Exhibition & conference.

MEDICAL GEAR TO BE OF TOP GRADE

NILAI: Manufacturers of medical devices will be required to register their products with the Health Ministry soon. This requirement comes following the soon-to-be introduced Medical Devices Act to ensure healthcare providers only use quality equipment to treat patients.

MALAYSIA REMAINS THIRD LEADING OFFSHORING DESTINATION

NEW YORK: Malaysia continues to rank third, after India and China, in the list of the world's leading offshoring destinations, according to global management consulting firm A.T. Kearney's latest Global Services Location Index.

Malaysia also remains a force to be reckoned with among Asean member countries fiercely competing for a slice of the global offshoring pie, the index showed.

BOOST FOR MIRI HOSPITAL

MIRI: The Health Ministry has allocated RM20.2mil for the implementation of four major projects at the Miri General Hospital .

They are the construction of two new operation theatres and sterilisation units at a cost of RM8.5mil, a new ward for infectious disease (RM4.5mil), the upgrading of its pathology unit to a medical laboratory (RM5mil), and the construction of a medical laboratory and store for RM2.2mil.

“All the projects will be carried out this year,” said Health Minister Datuk Seri Liow Tiong Lai during a visit to the hospital.

ECONOMIC TRANSFORMATION PROGRAMME: 19 ENTRY POINT PROJECTS WORTH RM67BIL INVOLVING 10 NATIONAL KEY
ECONOMIC AREAS (NKEAs) - NST

Click The Image to Enlarge

Medical city for Kota Semarahan

KUCHING: Chief Minister Tan Sri Abdul Taib Mahmud plans to turn the new Sarawak International Medical Centre (SIMC) into a medical city. Located in Kota Semarahan, a 20-minute drive from the city centre, SIMC, which is under construction, will be the first new public hospital in Kuching in over a century.

"When I planned the SIMC, I reserved quite a large plot of land surrounding the building, which is now 80 per cent completed.

"The idea was to make sure that there was enough room for us to have the medical city in the future," Taib said at the 100th anniversary celebration of Sarawak General Hospital.

RM228mil for Sri Aman Hospital

SIBU: The Federal Government has agreed to allocate RM228 million to upgrade Sri Aman Hospital in the Sri Aman division under the 10th Malaysia Plan.

State Minister of Environment and Public Health Datuk Sri Wong Soon Koh said this at a press conference at the Public Works Department depot in Kemuyang Road , here yesterday.

More cheaper hospitals to be built

The Government wants to build more cheaper hospitals, said Health Minister Datuk Seri Liow Tiong Lai.

“We want hospitals that will be able to treat patients instead of having more luxury hospitals. We want hospitals that are practical and not five-star hospitals,” he told Datuk Seri Azmi Khalid (BN – Padang Besar).

To achieve this, Liow said the Prime Minister has asked that a competition be held to find the best hospital design that would help cut construction expenses.

He said the Government was concerned with the rising cost of medical fees in private hospitals.

-The Star, 4 Nov 2010

Budget crafted to suit current economic situation

WE had a steady Budget 2011, crafted carefully to suit the current economic circumstances, where Malaysia is experiencing a recovery amidst a global recovery that is said to be uncertain.

There are a few things Malaysia can be pleased about: expected GDP growth of about 7% in 2010 (compared to a contraction of 1.7% in 2009), and reduction in the budget deficit from a high of more than 7% in 2009 to 5.6% in 2010. The plan to reduce the budget deficit further to 5.4% in 2011 is directionally correct and delivers on the commitment made last year to address the budget deficit that Malaysia has experienced since the 1998 Asian financial crisis.

Medical ad rules relaxed to woo foreign patients

PUTRAJAYA: More than 7,000 private clinics and 200 private hospitals nationwide can now advertise their services effective today.

The move is aimed at promoting medical tourism in the country.

The Health Ministry is also allowing these medical establishments to put up banners announcing the opening of new facilities, albeit for a limited period, and advertising overseas on condition they comply with the countries’ requirements.

Previously, advertisements were only confined to health magazines, directories, leaflets and billboards while press advertisements were limited to congratulatory messages.

Strong Surge in Malaysia’s Medical Technology Industry Provides Impetus For New Trade Show

Malaysia’s strategic location and friendly investment laws have made it a new target for the medical industry, keen to establish manufacturing bases to serve rising national demand as well as ASEAN’s growing and increasingly wealthy populations. According to the Association of Malaysian Medical Industries, the consumption of medical devices in the country is expected to grow to USD877 million this year, increasing further to USD956 million in 2011 and USD1.7 billion in 2012. Given this promising scenario, Asia Medical 2011, the Asia International Medical Supplies. Equipment and Technology exhibition and conference is timely and will run from 11-13 October next year at the Putra World Trade Centre, Kuala Lumpur, with the full backing of the Malaysian Ministry of Health (MOH).

Asia Medical Comes To Life !

Over 80 attendees at the recent my Medical News mix and mingle session held on 6 July 2010 were given a taster of what's to come next year with the launch of Asia Medical 2011 exhibition and conference by Malaysia's leading exhibition organiser Malaysian Exhibition Services.