Wahyu Dwi Anggoro
"For this reason, it requests support from all stakeholders in Malaysia for the application of LCS Rupiah and Ringgit in their business applications," he stated.
Executive Director of Penang Centre of Medical Tourism (PMED), Mary Ann said that from January to July 2023, there were 53,841 patients from Indonesia who sought treatment in Penang. She welcomed the initiative to use Rupiah to facilitate payment for health services in Penang because sick patients certainly do not want to bother looking for a money changer when there is little need for Ringgit.
The LCS cooperation has started since early 2018 with the signing of an MoU between central banks of Indonesia, Malaysia, and Thailand. Currently Malaysia and Japan are the main contributors to the increase in LCS transactions with Indonesia with a transaction value of USD200 million so that the total LCS utilisation until July 2023 has reached USD3.8 billion.
Approximately 70 participants attended from various major hospitals in Penang, health associations in Penang, and several business entities in Penang including FMM (Federation of Malaysian Manufacturer) organisations, Penang Malay Chamber of Commerce, Penang Indian Chamber of Commerce. During the Q&A session, participants were enthusiastic in asking several questions related to the scope of LCS cooperation, the operability of Indonesian Debit cards with PGN logo in Malaysia within the LCS cooperation, the operability of QRIS in Malaysia, the conditions for opening Rupiah accounts in Malaysia, and the possibility of Indonesian health insurance claims in Malaysia within the LCS framework. (WHY)
