Market News


Market News
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Title Source Publish Date
Canada Amends Radiation Regulations for Dental Equipment
The Canadian government has amended the current radiation regulations for X-ray dental equipment effective 15 May 2018 in an effort to strengthen radiation safety requirements - in alignment with International Electrotechnical Commission standards
Economists' Pick 8 Dec 2017
Online Pharmaceutical and Medical Device Sales Brought in Line with Offline Regulatory Regime
In line with the principle that online and offline transactions should be subject to identical regulatory regimes, the online trade in pharmaceuticals and medical devices is to face the same level of scrutiny as sales made via more conventional channels.
Economists' Pick 5 Dec 2017
Myanmar's Soaring Health Sector Prompts Medical Supplier Goldrush
Viewed as the last frontier by many in the commercial sector, Myanmar's government-backed healthcare boom is the latest element of the country's economy to see countless international manufacturers and suppliers Yangon-bound.
Economists' Pick 5 Dec 2017
INDIA: Suppliers of Medical Devices and Pharmaceuticals Face Liability for Any Harm to Users
Pharmaceutical companies and medical device manufacturers in India may soon be liable to pay compensation should the use of their products cause harm to any user.
Economists' Pick 27 Nov 2017
Looking at Vietnam’s Consumer Market for “Affordable Luxuries” Multimedia
Vietnamese consumers are increasingly purchasing fashionable and quality products to improve their living standards. To capture such demand, foreign brands and suppliers are increasingly selling medium-priced products as well as value-for-money items in the country.
Multimedia 24 Nov 2017
The Philippines: Making Good Use of Manufacturing Advantages in Relocation Multimedia
The Philippines as an alternative manufacturing base enjoys a distinct edge compared with other relocation hotspots in Southeast Asia: its English-speaking workers, who are both skilled and trainable. This presents an attractive option to foreign investors confronted with the challenge of labour management and training in considering relocation and production diversification.
Multimedia 17 Nov 2017
The Philippines: Smart Selling to the Consumer Market Multimedia
Driven by robust economic growth, the Philippines is a fast expanding consumer market capitalising on its demographic dividends and strong overseas receipts. Hong Kong companies able to meet young Filipino consumers’ demand for trendy lifestyle and electronics products and leverage new retail channels will have good chances of succeeding in the market.
Multimedia 14 Nov 2017
Overseas Firms Urged to Be Wary of Contravening Russian Sanctions
With the latest round of US-led anti-Russian sanctions now entering its fourth month, overseas businesses have been warned of the dangers of inadvertently falling foul of this stringent legislation and incurring penalties in their own right.
Economists' Pick 31 Oct 2017
INDONESIA: One-Stop Online Halal Certification Service Set for 2018 Launch
Online halal certification will be on offer to producers of foodstuffs, pharmaceuticals and cosmetics following the early 2018 launch of a one-stop government-backed service portal.
Economists' Pick 17 Oct 2017
THAILAND: Government Approval of EEC Law Confirms Incentives for Coastal Corridor Investors
Incentives stipulated as part of Thailand’s Eastern Economic Corridor (EEC) development plan has now been confirmed, with the Thai cabinet approving the EEC Law on 19 September.
Economists' Pick 25 Sept 2017
Substantial Increase in Registration Fee for Medical Device Facilities
The Food and Drug Administration has increased the fee for medical device facility registrations by 37 percent for fiscal year 2018.
Economists' Pick 15 Sept 2017
China’s Dental-care Sector Wide Open
The oral healthcare sector in China is among the key beneficiaries of the State Council's commitment to nurturing the growth of specialist medical-care providers.
Economists' Pick 30 Aug 2017
Taking the Pulse of China’s Domestic Market
According to the World Bank, China has 138 million citizens aged 65 and over, representing about 10 per cent of its population, a figure tipped to rise to 220 million by 2020.
Economists' Pick 24 Aug 2017
Medical Supplies & Medicine - Hong Kong Trade Associations
This page lists the contact information of Hong Kong trade associations related to medical supplies and medicine.
HK Economy 7 Aug 2017
Provision of Healthcare Set to Become Primary Global Economic Driver
With the elderly demographic continuing to expand in virtually every economy, meeting ever-rising healthcare costs and providing the appropriate medical infrastructure may yet prove to be the defining challenges of the 21st century.
Economists' Pick 27 July 2017
VIETNAM: Online Service Set to Streamline Medical Equipment Import Process
The import process for medical equipment is to be streamlined under a new directive from the Ministry of Health. All such imports have now been granted Level 4 status, allowing much of the required paperwork to be processed online, including the submission of all required documentation and the payment of all fees.
Economists' Pick 12 July 2017
INDIA: Re-designated Medical Devices Now Subject to Drug Price Regulation Regime
Certain medical devices may now be re-classified as drugs at the discretion of the Ministry of Health. All such re-designated devices will then fall within the remit of the Ministry’s price regulation regime and will also be liable to undergo pre-launch clinical trials in compliance with the country’s recently promulgated Medical Devices Rules, due to come into effect as of 1 January 2018.
Economists' Pick 11 July 2017
MYANMAR: Wholly Foreign-owned Businesses Granted Extended Trading Rights
For the first time, wholly foreign-owned companies have been approved to import, distribute and trade in hospital equipment, construction materials, seeds, pesticides and fertilisers.
Economists' Pick 28 June 2017
Laws Regulating All Types of Medical Devices Published in Official Journal
Two new Regulations laying down rules on the marketing of medical devices have been published in the Official Journal of the European Union. These are Regulation 2017/745 on medical devices (the ‘MD Regulation’) and Regulation 2017/746 on in vitro diagnostic medical devices (the ‘IVMD Regulation’). Manufacturers and distributors of such devices can soon expect more stringent compliance requirements and a whole range of new obligations.
Economists' Pick 16 June 2017
Argentina Amends Import Requirements for In Vitro Medical Devices, Creates New Export Regime for Low-Value Goods
Argentina has amended in various ways the import requirements for in vitro medical and diagnostic devices laid out in Disposition 7425/2013.
Economists' Pick 9 June 2017
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