, Singapore

These 5 charts put the scale of ageing population problems in perspective

DBS says Singapore economy is at a crossroads.

Concerns about falling growth and the need to stay relevant in a fast-changing global environment are leading major economies including Singapore to review medium- and longer-term growth strategies. This is made all the more important by a rapidly aging population. New growth strategies are being sought. As a matter of fact, recommendations from the Committee on the Future Economy (CFE) due later this year will be keenly watched.

Irvin Seah, economist at DBS Group Research put together the following charts to better explain why Singapore economy is finding itself at a crossroads - growth is moderating as the economy matures and the population continues to age.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.