Some in Thailand who had scrambled to book private hospital appointments to receive the Moderna Covid-19 vaccine have taken to social media to resell their slots after an influx of free government-supplied shots in recent weeks.
Lockdown favours healthcare stocks
2 A bus driver talks on a mobile phone as all inter-provincial buses are grounded at Mor Chit terminal to prevent the coronavirus spread. (Photo: Pattarapong Chatpattarasill)
Healthcare and medical equipment stocks are set to remain the biggest beneficiaries of Thailand s ongoing lockdown, while airlines continue to slump, according to a brokerage.
At the end of last month the government extended restrictions for another 14 days, starting from yesterday, and surging Covid-19 cases prompted the SET Index to continue its decline.
Mongkol Puangpetra, executive vice-president of KTBST Securities, predicted the lockdown would continue throughout August. If the number of infections remains high, we expect the lockdown to be extended until the end of this month, he said.
SET-listed Ratch Group has acquired a 9.9% share totalling 190 million baht in Bangkok Chain International (Lao) Co (BCIL) to co-invest in a new hospital in Vientiane as it sees an opportunity in the growing healthcare industry.
The share purchase agreement made on July 30 is in line with the Lao government s plan on social welfare development, with a goal to enhance the public health system and quality of living.
A private tertiary hospital in the Lao capital that has 110 beds is planned in the first phase, with operation scheduled to begin on Aug 19.
Full accommodation capacity is 254 beds.
It will become an alternative hospital for both locals and expatriates, according to Ratch.
Moderna package likely below B3,000
Moderna package likely below B3,000
THAILAND: The price for a package of two shots of Moderna COVID-19 vaccine offered by private hospitals will be no more than B3,000, hospital executives say.
Sunday 9 May 2021, 09:06AM
Moderna is likely to be the first brand to be ordered by the Government Pharmaceutical Organization on behalf of private hospitals. Photo: AFP.
The Private Hospital Association announced the plan after a meeting on Thursday (May 6) to discuss a common approach to offering alternative vaccines. Moderna is likely to be the first brand to be ordered by the Government Pharmaceutical Organization (GPO) on their behalf.
Hospital stocks poised to rise
published : 10 Mar 2021 at 04:00
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Hospital stocks are set to rise following the government decision to reduce quarantine time from 14 days to 7-10 days as more foreign patients will likely return for treatment after the easing, says KTBST Securities (KTBST).
KTBST expects the government will decide on the policy implementation next month and start adopting the shortened quarantine in the fourth quarter at the latest.
The policy will speed up the recovery of medical tourism as it will encourage more foreign patients to return to Thai hospitals.
It is estimated that over 1 billion people worldwide will be vaccinated within the first half of this year while around 200 million people or 20% of those inoculated will be ready for outbound traveling.