raffles medical group

Raffles Medical names former Paragon Reit CFO Woo Yeng Yeng as new finance chief

She will oversee corporate finance, tax, treasury and investor relations, among other matters

From left: Ashmita Acharya, head of International Wealth and Premier Banking of HSBC Singapore; Wong Kee Joo, chief executive officer of HSBC Singapore; Dr Loo Choon Yong, executive chairman of Raffles Medical Group; and Harpreet Bindra, chief executive officer of HSBC Life Singapore.

HSBC launches pioneer health and wellness centre; selects Raffles Medical as operator

The partnership gives customers of the bank’s insurance arm additional benefits

Based on current conditions and barring unforeseen circumstances, the board expects the medical group to remain profitable in FY2025.

Raffles Medical H1 profit rises 4.8% to S$32.1 million

It also operates HSBC’s new health and wellness centre, located within the bank’s wealth centre at The Star Vista

At the signing ceremony were (from left): Dr Loo Choon Yong, Raffles Medical Group executive chairman; Minister for Digital Development and Information Josephine Teo; Hu Henghua, mayor of Chongqing; and Wu Hao, the First Affiliated Hospital of Chongqing Municipality party committee secretary.

Raffles Medical partners Chongqing hospital to enhance healthcare services

The partnership will combine international expertise with local strengths, says the group

Starting in April, claim limits for MediShield Life will be raised, and coverage will be expanded to include additional outpatient treatments and new therapies.

Insurers brush off impact of higher MediShield Life premiums, claim limits on Integrated Shield Plan

Companies and association say medical inflation and healthcare consumption are key factors to keeping long-term costs sustainable

The quality of foreign operators that come to China will be crucial for the development of the sector.

Private healthcare players upbeat as China hospitals ease rules on foreign ownership, but challenges abound

Significant investments are needed for these hospitals to make returns, observers say

"Their vast experience in the banking and financial sector will contribute positively to the business," says Raffles Medical Group executive chairman Loo Choon Yong on the appointment of Eric Tham (right) and Tan Jeh Wuan.

Veteran bankers Eric Tham and Tan Jeh Wuan to join board of Raffles Medical’s insurance unit

VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent directors, with effect from Feb 1.

Housing migrant workers who work in areas such as construction is a lucrative business for Centurion Corporation.
HOCK LOCK SIEW

Rethinking Centurion’s role in housing workers

There is a case for shrinking the private sector’s involvement in areas such as their accommodation and healthcare

Raffles Medical posted a 48.8 per cent decline in its net profit for the first half ended Jun 30.

Brokers’ take: Analysts cut Raffles Medical earnings estimates after results miss

The group attributes its decline in net profit to the cessation of Covid-19 activities and government grants, as well as higher insurance service costs