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A golden opportunity in a silver Singapore
If Singapore plays its cards right, its ageing population can actually be an asset it can tap.
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Business consultancy Ageing Asia had projected that Singapore’s silver economy would be worth $97.8 billion by 2025.
ST PHOTO: KELVIN CHNG
Euston Quah and Eugene Or
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As Singapore transitions into a “super-aged” society
There are many pieces on the board. A key one is the role of the Government in enabling the care of the elderly and encouraging the private sector to play its part. It must also ensure that the seniors keep interacting with younger Singaporeans as different generations have much to offer each other. This forms an important part of the bigger picture, bringing Singaporeans of all ages closer together. There are, of course, new opportunities for businesses.
