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Search Result for “ageing society”

Showing 1 - 4 of 4

OPINION

Grey is the new black

Asia focus, Tanyatorn Tongwaranan, Published on 29/04/2019

» Population ageing is often stereotyped as a drain on the economy, linked to a shrinking workforce, demographic imbalances and spiralling medical and social care expenses. Governments bear a heavy burden as they struggle to provide adequate healthcare funding and pension programmes.

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BUSINESS

Value-based care

Asia focus, Tanyatorn Tongwaranan, Published on 10/09/2018

» Asia Pacific is on track to becoming one of the oldest regions in the world in the next few decades with an elderly population approaching 923 million. However, most governments are still underprepared for the social and economic consequences of this rapid demographic shift.

OPINION

Creating a healthier future

Asia focus, Tanyatorn Tongwaranan, Published on 04/06/2018

» In response to the rapid expansion of its greying population, Singapore has introduced compulsory healthcare insurance for elderly citizens. CareShield Life, an enhanced version of the existing eldercare programme, will require all Singaporeans aged between 30 and 40 to be enrolled from 2020. Policyholders who become unable to manage basic daily functions will receive S$600 (14,320 baht) a month, increasing over time to keep pace with long-term care costs.

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BUSINESS

Convenience-store wave keeps rolling

Asia focus, Tanyatorn Tongwaranan, Published on 27/07/2015

» Visit any major Asian city and you can't walk more than a couple of hundred metres without seeing a modern, branded convenience store. These outlets, with their increasingly innovative product offerings aimed at time-short city dwellers, are growing at a pace that exceeds that of the retail industry as a whole.