The Business Times
business-time-50

Doctor's in, but prognosis is for a slow recovery amid weak medical tourism

Regional rivalry had already cut patients from abroad before pandemic; providers now going overseas and money also going into telehealth now

google-preferred-sourceAdd BT as a preferred source

Claudia Tan HS

Published Tue, Jul 28, 2020 · 09:50 PM
    At a glance

    Singapore

    THE resumption of more healthcare services has been a shot in the arm for hospital and clinic operators, as domestic demand picks up. But a recovery will be gradual due to the loss of earnings from medical tourism, as well early restrictions on healthcare services.

    The easing of "circuit-breaker" measures has meant the return of various non-essential healthcare services such as aesthetics and adult vaccination. Patient volumes at hospitals and clinics have received a signficant boost, say industry players.

    HealthcareCovid-19

    TRENDING NOW

    Altitude Xperience argued that the rooftop space in contention was not considered an unused space.

    Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    As Singapore’s stock market regulation shifts further towards a “buyer beware” approach, greater transparency on potentially material matters is essential to enabling sound decisions in the market.

    The bright side to the CSE Global clash

    “The board considered both internal and external candidates (for the role), in the context of the business’s future needs”, says StarHub chairman Olivier Lim.

    StarHub deputy CEO Matthew Williams to succeed Nikhil Eapen as chief executive

    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