SMU collaborated with Ageing Asia on the 5th edition of the report, Asia Pacific Silver Economy Business Opportunities 2026-2030: Building the longevity ecosystem, which was released in August. The report estimated that by 2030, across 14 Asia-Pacific markets, there will be 733 million people aged 60 and above, holding US$7.1 trillion in savings. Part of the report features a state of the industry survey involving 110 industry leaders across 15 countries and territories. These included inventors, clinicians, academics, operators and policymakers. In a section on Singapore, SMU Vice Provost for Strategic Research Partnerships and Interim Co-Director of SMU’s Longevity Societies and Economies Institute (LSEI) Dr Cheong Wei Yang said the institute envisages a society where older people have fulfilling pursuits and are willing to spend on their own health and well-being in a thriving silver economy. He added that this is one where ageing persons feel “that they are still contributing, never that they are a burden to society or their loved ones”.