BUSINESS

Turning the generation gap into a competitive edge

Arinya Talerngsri, Published on 23/05/2016

» The generation gap is hardly unique to Thailand, but our country also faces another major generational challenge as it is rapidly becoming an ageing society. By 2040, Thailand is expected to have 17 million people aged 60 or over, or 25% of the population, compared with 13% in 2014. In other words, out of every four Thais will be a senior citizen, according to the World Population Ageing 1950-2050 Report by the UN Department of Economic and Social Affairs.