Ageing Asia: Aged care sector ripe for overhaul.
According to Aviiid Third-age Living's Managing Director, Mr. Scott Marinchek that if business models does not go in accordance to the rapidly increasing ageing population, there would be no supply to meet the demands of current and future retirees. Furthermore, the retirement industry is being shared among for-profit and non-profit organizations. If the business players in this industry plays it well, it would attract more investments for businesses to cater to the ageing population as well as to create a healthy competition.
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Aged care sector ripe for overhaul
Source: The Sydney Morning Herald
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