19-Oct-16 Singaporean state investment firm Temasek Holdings is making a bet on China’s growing healthcare market, investing SGD250 mn in a joint venture focused on the country with Columbia Pacific Management, a Seattle-based healthcare provider with operations in China. Columbia Pacific operates a hospital, two specialty clinics and three senior living facilities in China. [image: The Business Times]

30-Sep-16 By 2030, the number of elderly people in Asia is forecast to increase by 200 mn, a more than 70 percent increase in contrast to 31 percent in Europe and 55 percent in North America. Marsh & McLennan estimates the cumulative cost of elderly healthcare in Asia over the next 15 years could reach USD20 tn. [image: VOA News]

25-Aug-16 Elderly healthcare costs in Singapore are projected to rise tenfold over the next 15 years to more than USD49 bn annually. This means an average of USD37,427 will be spent on healthcare for each elderly person by 2030, the highest in the Asia-Pacific region, just ahead of Australia. [image: Tiffany Goh / The Straits Times]

24-Aug-16 While China is ramping up elderly care services, there are not enough nurses to care for the growing aging population. In a nation that traditionally sees the family as the primary care giver, elderly care homes are in their infancy. While many graduates spurn nursing jobs, nursing homes prefer workers who have more experience and are paid less. [image: Shanghai Daily]

19-Aug-16 China’s ageing population has attracted foreign elderly-care services providers but they are struggling to make profits despite the market offering the largest number of senior citizens in the world. Haitong Securities said in a research report that “surging demand and limited affordability” was the major problem facing China’s elderly-care industry today. [image: South China Morning Post]