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ST Engineering plans medical business as population ages

Singaporean company sees opportunities in improving hospital efficiency

ST Engineering exhibited its autonomous mobile robot, which could be employed to help improve hospital efficiency, at the Singapore Airshow in early February. (Photo by Kentaro Iwamoto)

SINGAPORE -- Singapore Technologies Engineering, which operates in areas from defense equipment to electronic devices, is considering starting a push into the medical and healthcare areas, the company's chief executive said Friday.

Speaking at the company's 2017 full-year financial results briefing, CEO Vincent Chong said ST Engineering was "exploring" new business opportunities, "for example in health and medical technologies."

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