Suara Malaysia
ADVERTISEMENTFly London from Kuala LumpurFly London from Kuala Lumpur
Saturday, October 5, 2024
More
    ADVERTISEMENTFly London from Kuala LumpurFly London from Kuala Lumpur
    HomeNewsHeadlinesCurrency depreciation has minimal impact on getting medicines, says Health Minister

    Currency depreciation has minimal impact on getting medicines, says Health Minister

    -

    Fly AirAsia from Kuala Lumpur

    Health Minister Datuk Seri Dr Dzulkefly Ahmad reassured the public that the current depreciation of the ringgit is having only a minimal impact on the purchase of medicines from abroad. He mentioned that the ministry has implemented hedging methods to mitigate the effects of fluctuating currencies on medicine acquisitions.

    Dr. Dzulkefly explained, “In any procurement, we implemented the hedging strategy, meaning we made purchases in advance to avoid being affected by fluctuating currencies. So we buy and ‘lock in’ early.” This proactive approach has enabled the ministry to pay for medicines at the price locked in, despite the recent depreciation of the currency.

    ALSO READ: Malaysia’s ringgit fall is concerning but economic fundamentals strong, PM says

    Speaking to reporters after the handing over of the Tanjong Karang Dental Clinic Construction Project to the Health Ministry, Dr. Dzulkefly highlighted the positive impact of the current low exchange rates on the medical tourism sector, predicting an increase in foreign patients seeking healthcare treatment in the country.

    ALSO READ: Ringgit ends lower vs US dollar, rises vs major currencies

    During the event, Dr. Dzulkefly shared that the construction of the Tanjong Karang Dental Clinic, situated on a 1.21-hectare site next to Tanjong Karang Hospital, commenced on June 15, 2020, and was completed in December last year at a cost of approximately RM13 million.

    He elaborated, “This new building houses a primary dental clinic, an orthodontic specialist unit, and the Kuala Selangor District Dental Health Office. The clinic is equipped with eight dental chairs, including five primary dental chairs and three dental chairs for the orthodontic unit, along with additional facilities such as an intraoral x-ray room and a dental laboratory for the preparation of dental prostheses.”

    ALSO READ:  Health Ministry to roll out amended specialist registration regulations within ‘reasonable timeframe’, says Dr Dzul

    Dr. Dzulkefly announced that the clinic would officially begin operations on March 4, providing enhanced dental services to the community. – Bernama

    Wan
    Wan
    Dedicated wordsmith and passionate storyteller, on a mission to captivate minds and ignite imaginations.

    Related articles

    Follow Us

    20,237FansLike
    1,158FollowersFollow
    1,051FollowersFollow
    1,251FollowersFollow
    ADVERTISEMENTFly London from Kuala Lumpur

    Subscribe to Newsletter

    To be updated with all the latest news, offers and special announcements.

    Latest posts