Singapore aims to become “lead market” for ageing in Asia

June 19, 2009 | By Kim Walker

Singapore stands to reap significant rewards by positioning the nation as a home for innovationaimed at addressing key demographic changes across the region according to Economic Development Board (EDB) Managing Director, Beh Swan Gin.

“The rising middle class in China, India and Asean will result in tremendous economic affluence …… they will demand better healthcare, lifestyle products and services which will create tremendous new market growth opportunities here” he continued.

Singapore will benefit from developing innovations that will meet the unique needs of Asian customers from countries with greying populations, such as China and Japan.

For those who wonder why SILVER is based in Singapore, now you know.