Malaysia Needs To Keep Pace With Wellness-Related Innovations, Says Bioeconomy Corp

Malaysia needs to keep pace with the advances in wellness related-innovations for the sector to contribute over RM370 million to the gross national income and 3,500 jobs by 2020, as targeted by the government.

Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation) Chief Executive Officer, Dr Mohd Shuhaizam Mohd Zain said currently, the wellness industry was marked by the integration of various technologies such as the Internet of Things, thanks to the Industrial Revolution 4.0.

"For example, the usage of the Internet of Things in biotechnology has allowed smartphone apps to measure a person's sleep cycle or heart rate, while wireless biosensors in garments can monitor health.

"These technologies are allowing more people to easily track their personal health, which contributes to their overall wellness," he said in a statement yesterday.

Bioeconomy Corporation is one of the exhibitors at the Wellness Cluster of the five-day National Innovation and Creative Economy Expo 2017 (NICE 2017), which is expected to transform Malaysia's wellness industry through the growth of cutting-edge innovations.

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