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.
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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