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New Straits Times
17-05-2025
- Health
- New Straits Times
MOH: No change in policy in implementation of itemised billing by private clinics
KUALA LUMPUR: The Health Ministry (MOH) has clarified that there has been no change in policy or announcement of a new policy regarding the implementation of itemised billing by private medical clinics. In a statement today, the MOH said the clarification was issued following confusion arising from a statement made during a TikTok Live session about the requirement for private medical clinics to provide itemised billing. According to the MOH, the session, held last Wednesday under the theme 'Myths and Facts' of Drug Price Display, aimed to inform the public about the implementation of the drug price display initiative at private health facilities and community pharmacies. "The right of patients to receive itemised bills is stipulated under the Private Healthcare Facilities and Services (Private Hospitals and Other Private Healthcare Facilities) Regulations 2006. "The provision of itemised bills is only mandatory upon request and at no additional cost, to facilitate a clearer understanding of the service charges, treatment, and medications received," the statement said. The Ministry further expressed confidence that good and continuous cooperation among all parties would help enhance the quality of health services and safeguard the interests and welfare of patients. "This is in line with the government's commitment to implement Madani values, ensuring that all parties, whether patients/customers or private medical providers, receive equal rights in matters related to health services as a whole," the statement added. Last Thursday, the media reported that general practitioners (GPs) and private specialist clinics were required to issue itemised bills to patients as a measure to increase transparency through the drug price display directive, which came into effect on May 1.
Techday NZ
06-05-2025
- Business
- Techday NZ
Wavelink partners with Honeywell to expand mobility solutions
Wavelink, a distributor of technology solutions across Australia and New Zealand, has announced a new partnership with global automation leader Honeywell to deliver its Productivity Solutions and Services (PSS) portfolio to the Australian channel. The agreement marks a strategic expansion of Wavelink's mobility portfolio, introducing Honeywell's automatic identification and data capture (AIDC) solutions to its partners. These tools will support a range of industries including retail, manufacturing, transportation, logistics, healthcare and utilities. "Honeywell's portfolio complements and expands Wavelink's existing mobility solutions," said Mark McDonald, general manager of mobility at Wavelink. "It provides our partners access to proven, industry-grade technology that addresses real-world challenges in environments where accuracy, speed and reliability are critical. Honeywell is an exciting addition to Wavelink's mobility portfolio suitable for a range of sectors where Wavelink already has a well-established presence." Wavelink will offer Honeywell comprehensive channel support services including marketing, pre- and post-sales expertise, training, staging, implementation and lifecycle management. This support structure is intended to drive adoption and integration of Honeywell's solutions among Wavelink's partner network. "This partnership is about more than just adding a globally recognised brand to our portfolio," said Ilan Rubin, chief executive officer of Wavelink. "It's about delivering value for our partners by combining Honeywell's world-class mobility solutions with Wavelink's deep vertical expertise and strong channel enablement and development capabilities. Honeywell gains access to a dedicated team that understands the nuances of local markets, backed by more than 25 years of experience creating demand and supporting partners to deliver on complex customer needs." A key objective of the collaboration is to connect Honeywell with specialist partners who have experience and customer reach in aligned verticals. Wavelink also plans to pair Honeywell's offerings with complementary vendor technologies to enhance customer value. As part of its broader operational technology (OT) strategy, Wavelink will incorporate Honeywell's solutions into cross-domain initiatives involving cybersecurity, infrastructure and data visibility. This integrated approach underscores the distributor's commitment to technology partnerships that deliver business outcomes. Bartek Krajewski, Asia Pacific sales leader at Honeywell Productivity Solutions and Services, highlighted the benefits of working with Wavelink. "Honeywell's collaboration with Wavelink will extend the reach of our portfolio in Australia. We value their proven track record in mobility, deep understanding of customer pain points and ability to build and support a thriving partner ecosystem. Together, we're confident in delivering exceptional outcomes across key verticals." The announcement reflects Wavelink's ongoing investment in its partner ecosystem and strengthens its role as a key distribution partner for global technology providers in the region. Follow us on: Share on:
Morocco World
13-02-2025
- Business
- Morocco World
Morocco Eyes 500% Growth in Franchise Sector by 2030
Rabat – Franchising is not just a business model, it is an engine of economic growth and innovation, job creation, and international influence for Morocco, Industry and Trade Minister Ryad Mezzour stated on Wednesday in Casablanca. Speaking at the launch of the Morocco Franchise Exhibition 2025, Mezzour explained that investment in recognized brands and structured entrepreneurship creates new jobs and increases Morocco's economic power. 'This model paves the way for economic development when approached with a clear and strategic vision,' he said. He called for a stronger commercial ecosystem, where businesses operate with ambition and efficiency. Mezzour depicted franchising as a transfer of expertise and a business model that enables small-time businessmen with limited financial resources to establish successful businesses. Unlike other heavily regulated sectors, he went on to explain, franchising has no universal legal framework, except for China and Italy. 'Each country must tailor its own financing and support mechanisms to help young entrepreneurs thrive in this sector,' Mezzour argued. Choosing the right partner, concept, and location determines the profitability and long-term success of a franchise network, he added. Morocco's potential in franchising Hassan Berkani, president of the Casablanca-Settat Chamber of Commerce, Industry, and Services, underlined the role of franchising in integrating the informal sector into a structured economy. He pointed to Morocco's free trade treaties with the EU and the US, which make the country a prime destination for international brands. He further noted the necessity of inciting Moroccan investors to adopt the franchise system which provides a professional environment and exposure to established business methods. 'Young investors benefit from recognized brands, operational expertise, and optimized management structures,' he said. Meanwhile, the US Consul General in Casablanca, Marissa Scott, called Morocco an ideal market for American franchises. 'Several US brands have already expanded successfully in Morocco,' she said, noting that partnerships between American franchises and Moroccan entrepreneurs are contributing to the creation of jobs as well as building economic cooperation between the two countries. Franchising is an effective means of business development as growing demand for global products and services emerge, Scott explained. The Morocco Franchise Exhibition 2025, taking place from February 12 to 14, welcomes over 100 exhibitors from different sectors. The exhibition features expert-led discussions on franchise growth, financing options, and African market potential. Moroccan franchising has grown 25% annually on average over the past 15 years, with 745 franchise networks representing 84% of international ones reaching a total turnover of MAD 20 billion. Projections foresee a 500% expansion in the core sectors of retail, food service, and business services by 2030. Tags: africa economybusinessMorocco economyMorocco's Economy growth
Yahoo
08-02-2025
- Business
- Yahoo
Pinterest Full Year 2024 Earnings: EPS Beats Expectations
Revenue: US$3.65b (up 19% from FY 2023). Net income: US$1.86b (up from US$35.6m loss in FY 2023). Profit margin: 51% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. EPS: US$2.74 (up from US$0.053 loss in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. The primary driver behind last 12 months revenue was the United States segment contributing a total revenue of US$2.61b (72% of total revenue). The largest operating expense was Research & Development (R&D) costs, amounting to US$1.24b (46% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of US$1.65b. Explore how PINS's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Performance of the American Interactive Media and Services industry. The company's shares are up 21% from a week ago. Before we wrap up, we've discovered 2 warning signs for Pinterest that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Reuters
07-02-2025
- Business
- Reuters
Brazil's trade surplus misses estimates in January with 65% drop, imports surge
BRASILIA, Feb 7 (Reuters) - Brazil's trade surplus plummeted 65.1% in January compared to the same month last year, official data showed on Friday, as imports rose by double digits while exports fell. Latin America's largest economy posted a $2.2 billion surplus for the month, down from $6.2 billion a year earlier, according to the Ministry of Development, Industry, Trade, and Services. Economists polled by Reuters had expected a $3 billion surplus. The result followed a 5.7% drop in exports from January last year, totaling $25.2 billion, dragged down by significant price declines in key Brazilian exports, such as crude oil and iron ore. Meanwhile, imports rose 12.2% to $23 billion, driven mainly by higher purchases of fuels, fertilizers, non-electric engines and machinery, and automotive parts and accessories. Last month, the government projected that the trade surplus would range between $60 billion and $80 billion this year, down from $74.6 billion in 2024.
