Ageing Asia Investment Forum (AAIF2010) last week hosted business leaders from 16 countries and 26 business sectors including real estate, healthcare, wellness, finance, planning and architecture are meeting for a two‐day business
conference, in a bid to tap opportunities and seek solutions to Asia’s imminent ‘ageing crisis’. The conference had presentations from executives in the Netherlands, Australia, New Zealand, China, India, the Philippines, Thailand, Malaysia, and Singapore to identify some of the best in class solutions for each country.
According to the United Nations Economic and Social Commission for Asia and the Pacific, by 2050, Asia Pacific will be home to almost two‐thirds of the world’s ageing population of over 60. In a UBS report (24 June, 2008) which provides insights into key investment issues in Asia and the material implications of ageing on the region, Singapore, Hong Kong, Japan and Korea are all expected to be among the 10 fastest ageing countries globally.
For a copy of the event’s keynote speech, click here.