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Thai healthcare stocks hit as Middle-East patient flow ebbs
Growth in S-E Asia will support the industry, says BBL Asset Management
Published Tue, May 31, 2016 · 09:50 PM
Bangkok
OIL slumps. Middle Eastern patients cancel treatments abroad. Thai hospital stocks slide. It's the butterfly effect in action.
Weak growth outlooks in the Gulf states are prompting greater competition from local clinics, stemming the flow of visitors to the world's top medical-tourism destination.