Strong Singapore dollar, Malaysian, Thai medical tourism push a bitter pill for Singapore to swallow
Singapore healthcare players focusing on complex cases to attract higher-paying foreign patients
SINGAPORE’S position as the go-to medical hub in South-east Asia is under threat, amid a strong Singapore dollar and regional peers catching up in terms of quality care and scope of services.
To overcome this challenge, local healthcare players have been zeroing in on serving complex cases to attract higher-paying foreign patients.
At the same time, some believe that expanding their operations overseas may be the better bet, as they aim to capture larger markets that have more need for quality healthcare.
Copyright SPH Media. All rights reserved.
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
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