Health
Thailand leads Southeast Asian countries with 66 JCI-accredited hospitals
Thailand now has 66 JCI-accredited hospitals more than any other Southeast Asian country
Bangkok, 31 May 2019 – A totally of 70 carefully-selected buyers from 23 countries have been invited to participate in this year’s “Amazing Thailand Health & Wellness Trade Meet 2019” organised by Tourism Authority of Thailand (TAT) on 30 May, 2019, at the Waldorf Astoria Bangkok.
Thailand now has 66 JCI-accredited hospitals, more than any other Southeast Asian country and ranked the top fourth in the world after Saudi Arabia, China and the UAE.
Specialising in various aspects of health, wellness and medical tourism, the buyers will meet with 40 Thai sellers ranging from hospitals and beauty institutes to anti-aging experts.
The Royal Thai Government has approved 90-day visas for patients and medical visitors from China, Cambodia, Lao PDR., Myanmar, Vietnam as well as the GCC. The Ministry of Public Health has so far listed 118 hospitals and healthcare centres that are eligible to provide a confirmation letter to patients or visitors seeking medical treatment in Thailand.
Thailand is one of the world’s most popular health and wellness tourism destinations, ranging from prevention to cure. While the numbers from the long-standing source markets in the Gulf countries are tapering off, new business is emerging from places; such as, Myanmar, Australia and Russia.
Mr. Yuthasak Supasorn, TAT Governor said: “This is the 4th time this niche-market trade show is being held as part of our strategy to promote Thailand as a world-class destination for health and wellness tourism.
“It is designed to enable the invited buyers to come up to speed with the significant improvements in the quality of Thailand’s health and wellness facilities, services and products, while Thai sellers get an opportunity to learn about new trends and market demands in various source markets.”
Mr. Yuthasak Supasorn, TAT Governor
Following the welcome remarks by the TAT Governor, each of the sellers will provide three-minute snapshot presentations on their products and services.
Health and wellness is one of a number of niche markets being promoted by TAT under the umbrella marketing concept of “Amazing Thailand: Open to the New Shades.” Some of the promising demographic segments include senior citizens, millennials and working women.
BANGKOK (NNT) – AstraZeneca has approved safety standards at Thailand’s vaccine factory and will send the first batch of raw materials for vaccine production in June.
Health
Skin-lightening products market to reach US$31 billion by 2024
In emerging Asian and African economies, the natural aspiration to enhance one’s circumstances has led to rapid growth in the market for skin-lightening products, which is projected to reach US$31 billion by 2024.
Recent years have seen evolving awareness of systemic inequities including racism, sexism and pro-Western chauvinism.
– Chinese overseas investment dropped off in 2020
– Government remains committed to the wide-ranging infrastructure programme
– Sustainability, health and digital to be the new cornerstones of the initiative
Following a year of coronavirus-related disruptions, China appears to be placing a greater focus on sustainable, digital and health-related projects in its flagship Belt and Road Initiative (BRI).
As OBG outlined in April last year, the onset of Covid-19 prompted questions about the future direction of the BRI.
Launched in 2013, the BRI is an ambitious international initiative that aims to revive ancient Silk Road trade routes through large-scale infrastructure development.
By the start of 2020 some 2951 BRI-linked projects – valued at a total of $3.9trn – were planned or under way across the world.
However, as borders closed and lockdowns were imposed, progress stalled on a number of major BRI infrastructure developments.
In June China’s Ministry of Foreign Affairs announced that 30-40% of BRI projects had been affected by the virus, while a further 20% had been “seriously affected”. Restrictions on the flow of Chinese workers and construction supplies were cited as factors behind project suspensions or slowdowns in Pakistan, Cambodia and Indonesia, among other countries.
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