Increasingly, a group of well-heeled tourists are choosing to head to Malaysia or Thailand over Singapore.
They are not drawn to these countries simply because of the shopping or food scenes, but rather, for their cost-effective medical services.
Even though Singapore continues to be named among Asia’s top destinations for medical tourists, it lags behind Thailand, which has long been a popular destination for these tourists in Asia, and Malaysia, which has boosted its medical tourism industry in the past few years.
Others such as Vietnam are also eyeing a slice of the lucrative medical tourism pie, which market research and advisory firm DataHorizzon Research estimates will be worth US$79.4 billion (S$108.5 billion) globally by…
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