Silver generation key to easing labour crunch and driving growth in Singapore: Experts

Teona Gherasim

With Singapore’s total fertility rate falling to a record low of 0.87 and one in four citizens expected to be aged 65 and above by 2030, the country is facing a looming labour crunch. SINGAPORE: Singapore’s rapidly ageing population could become a powerful engine of growth – if the country can better tap the potential of its seniors as both workers and consumers.  This comes as the country faces a looming labour crunch, with the total fertility rate sinking to a record low of 0.87 and one in