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As the rapid aging of Asia's population creates challenges for governments and societies, new opportunities are emerging for businesses serving the needs of the elderly and their caretakers. While population aging is a global phenomenon, the Asian-Pacific region is expected to see a particularly drastic demographic change over the next few decades. The number of elderly persons in the region-already home to more than half of the world's population aged 60 and over-is expected to triple to more than 1.2 billion by 2050, when one in four people in the region will be over 60 years old, according to the United Nations Economic and Social Commission for Asia and the Pacific. Across Asia, large corporations and entrepreneurs in various industries are racing to come up with new products and services for the elderly, while health-care- related businesses are seeing soaring demand. Among various fields of health care for the elderly, nursing homes represent one of the fastest-growing sectors. In Japan, companies that previously had little to do with the issue of aging have jumped on the bandwagon. In 2005, Watami Co., which operates Japanese- style izakaya pubs serving food and drinks, entered a new business of running nursing homes. In the most recent fiscal year, the nursing business was more profitable than its izakaya business. Demand for Watami's new business is robust because Japan's population is the world's grayest, according to a 2009 United Nation report, with nearly 30% aged 60 or older. Other parts of Asia, such as China, Taiwan, Hong Kong, South Korea and Singapore, are also anticipating a surge in the percentage of elderly citizens. In China, people over the age of 60 now account for 13.3% of the country's population of 1.34 billion, up from 10.3% in 2000, according to the National Bureau of Statistics, and the aging trend is expected to accelerate. In January, China's state-run Xinhua news agency wrote about challeng

If possible, as you gain knowledge, would you mind updating your webpage with a great deal more information? It's very helpful for me.

In USA TODAY's article "The underlying duel of 2012: Seniors vs. Millennials," GOP volunteer Immo Sulyok is quoted saying about Election Day: "I'll be there, or I'll be dead." As will I, but my vote will be for President Obama ("A defining gap: Seniors for Romney, Millennials for Obama") I believe that our major concern should be educating our young. It is unbelievably arrogant for seniors like me to worry about only our welfare, finances and health. We had our day in the sun. The future generation is being short-changed by cuts in education spending and the increasing cost of higher education. We are witnessing the dumbing-down of America. There is also so much misinformation floating around about the Affordable Care Act and so much we mere citizens do not understand. Many rely on radio or TV talk-show hosts to teach us, and unfortunately, the hosts "teach" their opinions. Perhaps we should still think for ourselves. Joan LaRose; San Diego Older voters remember There is a different sense of history that divides Millennials and those 65 and older. Older voters remember the Cuban missile crisis, the Cold War and the hot Korean War and Vietnam conflict. Seniors served and sacrificed in Korea and Vietnam to defend the free world against communism. They have seen what communism wrought in Eastern Europe and Asia. This brave generation will vote in droves for Mitt Romney to prevent President Obama from transforming a free America into a socialist or communist one. Paul Hoylen Jr.; Deming, N.M. Elderly rely on entitlements The great majority of older Americans are expected to vote for Mitt Romney, the Republican nominee for president, in the upcoming election. Ironically, most of these senior citizens depend heavily on Social Security and Medicare for survival. Both of these programs were enacted by Democratic presidents and Congresses controlled by Democrats! What are these seniors thinking? Bob Hamlett; Nashville GOP plan causes con

I am looking forward to reading more of your posts in the future.

http://hayeksandy.blog.com/2012/07/25/fo llowing-the-money-in-health-care-fraud-r eflections-on-a-modern-day-yellow-brick-r oad/ Health care fraud is all about the money. The United States spent an estimated $2.5 trillion on health care in 2009, with over $918 billion of that coming from the ...

Nonetheless, I'm definitely delighted I found it and I'll be book-marking and checking back often!

http://hayeksandy.blog.com/2012/07/25/pension-obligations-and-rights/ Mandatory Pension Contributions:Since 1999, all foreign workers between the ages of 18 and 60, regardless of the size of the workplace or the number of employees, have been included in the mandatory Korean National Pension Scheme with only a few exceptions.

I've been following your blog for a while now and finally got the courage to go ahead and give you a shout out from Humble Tx! Just wanted to mention keep up the good job!