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OUELH expands into Myanmar healthcare with US$19.5m acquisition

OUE Lippo Healthcare (OUELH) is venturing into Myanmar with stake acquisitions in two joint venture companies that own three hospitals, one medical centre and two clinics. This will give the company presence in the key cities of Yangon, Mandalay and Taunggyi, the subsidiary company of OUE Limited said on Thursday. OUELH’s wholly owned units have […]

Itochu, Lippo Team up to Run Southeast Asian Hospitals

TOKYO — Itochu will join hands with Indonesian conglomerate Lippo Group to operate hospitals in Southeast Asia, aiming to capitalize on the region’s growing demand for advanced medical services offered by the private sector. The Japanese trading house has entered a business partnership with Lippo Karawaci, Indonesia’s largest hospital operator, to set up a Singaporean joint venture this […]