Look East on how to manage ageing population

THERE are two pertinent reasons why older persons now wish to continue working in their senior years. Firstly, they are living longer and healthier lives compared to their forebears. Secondly, they need income to sustain themselves in their extended lifespan.

Malaysia’s ageing population increased to 6.8% in 2020 from 5% in 2010. It is growing at a faster than expected rate, and more than 15% of Malaysians will be above the age of 65 by 2050.