Basel Medical Group Ltd. (BMGL) Tuesday announced that its subsidiary was awarded S$375 million contract from Pancare Technology International (HK) Ltd. to Supply Healthcare Products.
The contract to supply essential healthcare products in Asia-Pacific is for the next five years, until October 31, 2029. The group said it plans deliver high-quality medical solutions, and enhance AI-powered healthcare supply chain capabilities. This initiative aims to enhance efficiency, optimize logistics, and to ensure the timely delivery of critical medical products.
Darren Chhoa, CEO of the company said, "Our focus on AI-powered supply chain solutions will ensure reliable, efficient, and scalable healthcare product distribution, benefiting patients and providers alike."
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
September 04, 2026 15:08 ET The job report and foreign trade data were the main economic news from the U.S. in the first week of September. Elsewhere in North America, the Canadian central bank announced its latest policy decision. Inflation data from Eurozone was the highlight in Europe. The latest interest rate decision by the Reserve Bank of New Zealand drew attention in Asia.