KUALA LUMPUR: Scientex Bhd’s wholly-owned subsidiary Scientex Quatari Sdn Bhd has entered into a conditional sale and purchase agreement with Lee Pineapple Company (Pte) Ltd to acquire 14 parcels of freehold land in Johor for RM381.43 million.
SHAH ALAM: The Health Ministry will soon announce its plan on Healthcare Financing Reform following its commitment to strengthen and improve the nation's healthcare system.
"... we were stranded because we are essentially a predominantly tax-based system and getting RM41.2bil for this year and given RM6.07bil for development expenditure. Truly, we are all along being underfunded, understaffed and overworked. He said as an upper middle-income country, the nation should spend 6% to 7% of its gross domestic product on healthcare instead of 5.1% now.
"As an upper middle-income economy we must spend close to 6 to 7% but of course this minister is not able to ask and demand for more allocation because of our fiscal constraint, then we looked at the private sector to be helping us to drive the health expenditure," he said.
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