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Gearing up for the grey: How an aging population is creating new business opportunities

1 Oct 05:07 Key points summarised by AI

Thailand is rapidly aging, projected to become a 'super-aged' society by 2029, presenting both social challenges and significant new business opportunities.
This demographic shift fuels demand for specialized services, creating booms in sectors like age-friendly housing, including independent living and dedicated elderly care facilities.
Substantial growth is observed in home medical and assistive devices, personalized food and nutrition, and senior tourism, catering to the unique needs and increasing purchasing power of the elderly population.

Today 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.