Bangkok, Feb. 24 -- Smart investment in the medical and wellness industry will generate a substantial proportion of the national income this year, said Thai Public Health Minister Somsak Thepsutin while chairing a recent meeting to drive policies increasing Thailand's potential as a medical and wellness hub.

He announced seven key policies that aligned with global health trends to strengthen the medical and wellness industry, believing that they will help create 690 billion THB (20 billion USD) in economic value for Thailand in 2025, or around 3.39% of the nation's gross domestic product (GDP). According to the ministry's permanent Secretary Opas Kankawinpong, the Health Economics Department has recently been established to determine pol...