Asia Pacific

2015 Intergenerational Report (Australia)

2015 Intergenerational Report (Australia)

Over the past 40 years, Australia has enjoyed strong economic performance, underpinned by a growing population and a series of major reforms. This economic success has greatly enhanced our quality of life. Average incomes have doubled in real terms since 1975, with this increased wealth shared broadly across the community. As a result, Australian families enjoy access to a well-functioning[Read More…]

New Business Opportunities Amid China’s Ageing Population

New Business Opportunities Amid China’s Ageing Population

The Chinese mainland’s growing ageing population is more free-spending and more tech savvy than is generally perceived, according to a focus group study published today by the Hong Kong Trade Development Council’s (HKTDC) Research team. To highlight business trends and opportunities related to the mainland’s elderly, or so-called “silver” market, the HKTDC conducted focus group discussions in four mainland cities:[Read More…]

Spaces for all ages in Australia [Report]

Spaces for all ages in Australia [Report]

Population, participation and productivity. These are the ‘three Ps’ which feature in Australia’s intergenerational reports as the means to ameliorate the negative economic implications of an ageing society. The 2015 Intergenerational Report (IGR) invoked the three Ps as a means to resolve the government’s self-described ‘challenge of change’. The challenge of change narrative is based around declining taxation revenue as a[Read More…]

HAL (Hybrid Assistive Limb) from Cyberdine

HAL 5 or Hybrid Assistive Limb 5 is a robot suit (aka artificial powered exoskeleton) developed by Yoshiyuki Sankai who is the professor of Tsukuba University of Japan. HAL 5 is currently capable of allowing the operator to lift and carry nearly twice as much weight as they could lift and carry unaided ;  

Japan’s ageing population rich opportunity for West

Japan’s elderly population is getting even older, reveals a new government report that shows the number of people living over the age of 100 has doubled in the last five years. Centenarians in Japan now number more than 20,000, the government said this week. The Cabinet white paper also reported that the number of men aged over 65 has surpassed[Read More…]

India : the old country

India : the old country

India is a land where age and wisdom are traditionally respected. But improved longevity is challenging age old assumptions, says Prodeepta Das. How old is old ? In the western world, improved health and longevity have changed the definition of what it means to be elderly. Does India live up to its old traditions ? The revered sage Manu spoke of life[Read More…]

Japan : Retail industries target Seniors

Japan : Retail industries target Seniors

After three decades in Japan, convenience stores are beginning to show their age. Or at least cater to age. The stores are stepping up efforts to attract more middle-aged and elderly customers by introducing barrier-free shopping and products designed specifically for them. Seven-Eleven Japan Co., the leading chain operator, started opening barrier-free outlets in May that feature floor space of[Read More…]

Japan : the population is aging

Japan saw record low population growth in the 12 months to March 31 as the aging of society and declining birthrate continued, the government reported Wednesday. According to the statistics compiled by the Public Management, Home Affairs, Posts and Telecommunications Ministry based on resident registry data, the population stood at 126,824,166, a rise of 135,802, or 0.11 percent, from the[Read More…]

New Zealand : Strategy needed for housing older people

New Zealand needs a strategy to house its growing population of older people, say researchers from Victoria University’s New Zealand Institute for Research on Ageing (NZiRA) and Business and Economic Research Ltd (BERL). Associate Professor Judith Davey, Director of NZiRA, says the housing needs of older people cannot be separated from their care and support. The research was carried out[Read More…]

USA : Tourism specialists meet seniors’ needs

Why do seniors travel more than a few years ago ?The answer seems quite obvious : new generations live longer and healthier, which gives senior orientated tourism a new breathe. The market is well known for being adventurous, as taking seniors on a tour depends on their health. Seniors have very specific expectancies when travelling. They like to participate in[Read More…]