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Market News
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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
Smart Rehab
The Rehacare and Orthopedic China (Guangzhou) event, held 31 March to 2 April, showcased a variety of rehabilitation equipment, ranging from large medical devices to small household items.
Economists' Pick 24 May 2017
Medical Fair Gets Tech Treatment Multimedia
New patient “temperature management” control, a revolutionary hospital meal tray and a better way of saving energy were among ground breaking technological innovations presented at the opening day of the HKTDC Hong Kong International Medical Devices and Supplies Fair 2017. An increasingly international perspective saw four new Group Pavilions and new exhibitors from around the world presenting devices and supplies.
Multimedia 17 May 2017
Imports of Synthetic Cannabinoids Restricted
The Drug Enforcement Administration has issued an order that temporarily schedules the following six synthetic cannabinoids, along with their optical, positional and geometric isomers, salts and salts of isomers, into schedule I pursuant to the temporary scheduling provisions of the Controlled Substances Act.
Economists' Pick 28 April 2017
European Parliament Approves Tougher Safety and Traceability Rules for Medical Devices
On 5 April 2017, the European Parliament formally approved two proposed Regulations imposing stricter rules on the safety of medical devices and in vitro diagnostic medical devices. The proposals, which replace three existing Directives regulating medical devices in the EU, bring a number of important changes to the current regulatory regime, including stricter pre-market controls and enhanced traceability requirements.
Economists' Pick 21 April 2017
HKTDC Hong Kong International Medical Devices and Supplies Fair
The fair features the latest in medical devices and supplies, including medical and laboratory equipment and disposables, bringing together product developers and businesses looking to market these products.
Economists' Pick 18 April 2017
LAOS: New Tax Incentives Unveiled for Designated Projects in Undeveloped Regions
Extended tax incentives are now on offer for FDI projects operating in the less-developed regions of the country. In particular, projects in the agriculture and healthcare sectors will qualify for profit tax exemptions for five years in areas with under-developed infrastructure and for three years in places where the infrastructure is more developed.
Economists' Pick 18 April 2017
Imports of Synthetic Opioid Restricted
The Drug Enforcement Administration has issued a final order that temporarily schedules the synthetic opioid N-(4-fluorophenyl)-N-(1-phenethylpiperidin-4-yl)isobutyramide (4-fluoroisobutyryl fentanyl or para-fluoroisobutyryl fentanyl) and its isomers, esters, ethers, salts and salts of isomers, esters and ethers into schedule I pursuant to the temporary scheduling provisions of the Controlled Substances Act.
Economists' Pick 13 April 2017
Getting a Slice of Indonesia’s Food and Pharma Sectors
With Indonesia's pharmaceutical and food and beverage (F&B) manufacturing industries growing rapidly, Jakarta's AllPack Indonesia trade event last October offered valuable insights into these increasingly competitive sectors.
Economists' Pick 12 April 2017
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