LKL to boost R&D to cater to industry demands

Crucial segment: Healthcare workers carry out swab tests in Penang. The government is committed to improving the sector, which augurs well for players like LKL.

PETALING JAYA: LKL International Bhd, a manufacturer of medical and healthcare beds, is geared up to improve Malaysia’s low bed-to-total population ratio (BPR) to international standards.

According to the Malaysian Investment Development Authority (Mida), the country’s hospital BPR stood at 1.98 beds per thousand residents in 2019 compared to the average BPR of 4.7 for the Organisation for Economic Cooperation and Development member countries in 2017.