Written by Sébastien Monnet, STC, Embassy of Switzerland in Singapore
While many Southeast Asian nations fear tsunamis, Singapore is bracing for the silver tsunami projected to hit its shores by 2030. Nearly every developed country in the world is confronted with an ageing population, yet the extent of the phenomenon in Singapore is acute. The government listed a rapidly ageing population as one of its key challenges looking ahead and research and technology are perceived as key enablers of its holistic action plan to allow the elderly to “age-in-place successfully”. Telehealth solutions are gaining traction and are moving into mainstream healthcare. Highly specialized business accelerators and startups are seeing this challenge as an opportunity and developing solutions to cater to the elderly.