ready to adjust the target frameinflationIn 2022, it was 6.2% from 4.9%, higher than the Commerce Ministry’s estimate of 4-5 percent, with a median value of 4.5%. In 2022, the Bank of Thailand sees inflation at 2.5% from 1.7 percent.
When the central bank signals the end of the eralow interest This means that the door on the upward interest rate is ready to open. and whenraise interest There will be both sides that benefit, such as commercial banks that will earn income from charging higher interest rates.
In contrast, other businesses must be prepared to bear the burden of higher costs immediately But at the same time, some businesses can pass on the increased cost to their customers. One of them is “hospital” which is usually fineincrease medical expensesfollowinflation makehospital stockIt is another interesting option during the period of rising inflation.
In addition, there are many positive factors to support this year’s business, includingopen countrythat will allow foreign patients to travel to Thailand for treatment more conveniently Next week, the Ministry of Tourism and Sports will propose to the BOE. Cancel “Thailand Pass” For foreign tourists starting July 1
At the same time, at the last Cabinet meeting Green light for free 30-day visas for Saudi tourists After the two nations returned to enhance their relationship in more than 30 years, with the aim of having more peopleSaudi ArabiaTravel to Thailand for more than a year 100,000-150,000 people, from about 30,000 per year
The Middle East is a group with high purchasing power. and popular to stay in Thailand The more current energy prices, oil prices continue to rise. The more wealth for the people of the Middle East. encourage travel have spent more and is believed to be even more bustling after the fasting season.
This is considered a positive factor for entrepreneurs who are popular with foreign customers to use their services, includingBumrungrad Hospital Company or BH which accounts for almost 70% of the revenue from foreign customers. In 2019, before the outbreak ofCovid-19 Providing treatment for foreign patients in more than 180 countries, totaling more than 632,000 times.
The top three earning countries are Myanmar, the United Arab Emirates and Kuwait.Bangkok Dusit Medical Company or BDMS The country’s largest hospital group The proportion of foreign customers is about 30%.
And although this year, the trend of revenue from services related to COVID-19 including infection detection, vaccination, and treatment of patients of various hospitals will decrease after the epidemic situation begins to unfold But there will be income from general treatment to compensate. both general patient groups and social security It has begun to see signs of recovery since the end of 2021.
while entering the high season ofhospital businessIn the third quarter of every year, which is the rainy season weather changes often easily cause illness making it the busiest time of the year
At the same time, in the long run, the hospital business will benefit from the changing social conditions.aging society People will live longer. and turn to pay more attention to health care
byKTBST Securities stated that the weight of the group investment has been increased “Healthcare Services” is “Overweight” from the beginning “Neutral” reflecting the easing of the Covid-19 situation, while the opening of the country has resulted in the momentum of foreign patients recovering.
especially the group Medical Tourism As a resultoHospitals with a large proportion of foreign patients are more attractive. Hospitals benefiting from COVID-19 has decreased interest because it is estimated that the infected person has passed the peak
Thus, in 2022, hospitals with foreign patients and low income base of COVID-19 will become attractive again. Hospitals with the highest percentage of foreign customers from the lowest to the lowest were BH , BDMS, PR9, and EKH.
Nomura Securities Pattanasin said that there is a chance to see an increase in social security rates in 2023 with supporting factors. After the insurers of M. 33 and M. 39 will return to pay contributions at the normal rate of 5%, up to 750 baht and 9%, or up to 432 baht from August 2023, helping to increase liquidity for the fund
together with the adjustmentraise the minimum wage And the cost of treatment for COVID will be included in the medical service fee. The increase in social security rates will have a direct positive effect on BCH and CHG.
