The Business Times
business-time-50
TOPLINE
·
SUBSCRIBERS

Raffles Medical eyes China healthcare growth but stays prudent on expansions

google-preferred-sourceAdd BT as a preferred source
Megan Cheah

Megan Cheah

Published Mon, Sep 18, 2023 · 05:00 AM
    • Despite its push into China, Raffles Medical Group is not in a race to grow, says executive chairman Dr Loo Choon Yong.
    • Despite its push into China, Raffles Medical Group is not in a race to grow, says executive chairman Dr Loo Choon Yong. PHOTO: RAFFLES MEDICAL GROUP

    PRIVATE healthcare provider Raffles Medical Group has its eyes fixed on continuing to drive growth, even as it grapples with a slowdown in medical tourism amid the Covid-19 pandemic.

    When Singapore shut its borders in early 2020, foreigners seeking medical help here had to be turned away. Private healthcare players who relied heavily on medical tourism turned to other avenues to get their care to overseas patients, including online consultations and delivering medication straight to patients’ homes.

    While some companies would have baulked at the sudden shift in operations, Raffles Medical took the changes in stride.

    Toplineraffles medical groupHealthcareSpotlight

    TRENDING NOW

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    Assets under management of physical gold holdings in DBS wealth clients’ portfolios more than doubled over the past three years.

    DBS to launch tokenised physical gold for retail customers in Singapore

    As with past tranches, the S$500 will be split equally between participating heartland merchants and hawkers, and participating supermarkets.

    S$500 CDC vouchers for all Singaporean households from June 11; Government ready to do more if needed: DPM Gan

    MenToo’s launch at Timbre+ One North brought together 12 men’s groups to discuss men’s mental health and masculinity in Singapore.

    Singapore men, are you OK?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More