(From left) Malaysia Healthcare Travel Council (MHTC) chief executive officer Sherene Azli, Deputy Finance Minister Datuk Ir Amiruddin Hamzah, Deputy Health Minister Dr Lee Boon Chye and Association of Private Hospitals Malaysia (APHM) president Datuk Dr Kuljit Singh at the launch of the Insight 2018 Building Trust towards excellence at Aloft Hotel in Kuala Lumpur. Pic by NUR ADIBAH AHMAD IZAMKUALA LUMPUR: The Ministry of Finance (MoF) expects the number of healthcare travellers to increase significantly to two million by 2020 from the current one million, following the tax exemption for medical bills.Deputy Finance Minister Datuk Ir Amiruddin Hamzah said previously the six per cent Goods and Services Tax was imposed on medical bills for foreign patients but these are now exempted from the Sales and Services Tax (SST) 2.0.“Medical cost is the second most important factor behind confidence for medical tourists.“Medical cost in Malaysia is competitive and this (the cost) will benefit from the SST exemption on medical bills,” he told reporters after officiating the Medical Travel Market Intelligence Conference (InsigHT) 2018 here today.Also present were Deputy Minister of Health Dr Lee Boon Chye and Malaysia Healthcare Travel Council Chief Executive Officer Sherene Azli.Earlier in his speech, Amiruddin said Malaysia earned RM1.3 billion in medical traveller revenue last year, with an estimated RM4 billion from other non-related healthcare expenditures such as transportation, accommodation and tourism activities.The government hopes to double this figure to RM2.8 billion by 2020, he said.He said the industry recorded an astounding annual growth rate of between 16 and 17 per cent every year, outperforming the global average growth rate per annum of 12-14 per cent.Some top medical travel contributing states are Penang, Kuala Lumpur, Selangor, Melaka, and Sarawak. - BernamaSource: New Straits Times
shahizam.f@mhtc.org.my
Muhammad Rasydan Ma’at
Asst. Manager, Communications
+603 8776 6168
rasydan.m@mhtc.org.my
Malaysia Healthcare Travel Council (MHTC), established in 2009 under the purview of the Ministry of Health (MOH) Malaysia, is entrusted with developing and nurturing the “Malaysia Healthcare” brand. MHTC enhances, coordinates, and promotes Malaysia’s healthcare travel industry by fostering industry collaborations and building valuable public-private partnerships both domestically and internationally. With 80 member hospitals nationwide, MHTC continues to elevate the healthcare travel ecosystem through strong branding, seamless patient experiences, and strategic market initiatives. In line with these efforts, MHTC is spearheading the Malaysia Year of Medical Tourism (MYMT) 2026, the nation’s first dedicated year to celebrate and advance healthcare travel. MYMT 2026 serves as a milestone initiative to showcase Malaysia’s world-class healthcare offerings, strengthen its position as the premier global healthcare destination, and highlight the industry’s significant contribution to the national economy. More information can be found at https://www.mhtc.org.my/.
