Healthcare giant IHH remains in good health despite pandemic
The impact on business will be short-lived, and the group is well prepared to handle the virus outbreak, says CEO Kelvin Loh.
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Anita Gabriel
THE going must be tough for healthcare heavyweight IHH Healthcare as it faces the triple blow of withering medical tourism (once a sweet spot), overcapacity and lower volumes as many put off non-urgent treatments given travel bans and lockdowns to curb the Covid-19 pandemic.
Yet, chief executive and managing director Kelvin Loh, who took over the top job from long-serving chief Tan See Leng in January this year, is a picture of calm amid the unprecedented health crisis and insists that the setbacks will be short-lived.
"Definitely, there's some short-term business impact but the business remains resilient," said the 45-year-old healthcare veteran. It continues to search for opportunities to grow the business, he said.
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