Weakening ringgit will boost medical tourism, says council

Christopher Rabin

Malaysia's healthcare travel industry is growing at an average rate of 16-17% a year against the global average of 12-14% a year. – The Malaysian Insight file pic, January 1, 2019.

WHILE the weakening currency will see spikes in cost for Malaysian clinics purchasing imported drugs and equipment but the Malaysian Healthcare Travel Council (MHTC) is confident it can play an integral role of positioning Malaysia as the leading global destination for healthcare.

“Should the ringgit continue to weaken, MHTC will negotiate necessary and creative measures. This is to enable private healthcare facilities to channel their finances for the most pertinent needs,” MHTC told The Malaysian Insight.

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