Malaysia likely to remain attractive to medical tourists amid geopolitics, currency swings: IHH group CEO
The country’s cost-competitiveness and growing capacity are seen as advantages by price-sensitive patients
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[KUALA LUMPUR] The Middle East crisis is hitting South-east Asian currencies and patients’ wallets, leading many to bypass premium medical hubs such as Singapore in favour of more cost-effective destinations like Malaysia.
Dr Prem Kumar Nair, group chief executive of IHH Healthcare – which is dual-listed on the Singapore Exchange and Bursa Malaysia – said that he is already seeing the initial impacts on the global health-services provider.
The group operates 89 hospitals and more than 140 healthcare facilities, including ancillary centres, in 11 markets globally.
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