TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

PHUKET RETIREMENT MARKET Finnish Editorial Sparks Speculation

Category: Tourism, Posted:19 Feb 2010 | 06:00 am

A recent editorial in Finland's second largest newspaper Aamulehti has sparked wide spread coverage in Thailand back of the authors comments that the Scandinavian country could build assisted residences for the elderly. Highlighting that a rapidly aging population 65 years and above will multiply over 100% in the next 50 years that Phuket with its warm weather, favorable cost of living and culture was very adaptable for Finns.
While outsourcing the high overheads to another country which the Government currently shoulder a large portion makes financial sense, many comments have come forth that distances involved from multigenerational families and other related logistical problems may be serious roadblocks.
In Asia the Japanese market is set to follow a similar trend back of low birth rates and serious issues about the internal capacity to care for its elderly citizens. As for now there appears to be little concrete plans on seeing formal initiatives hit the marketplace in the near future.

Other News

Read more

C9 Hotelwork’s Releases Philippines Branded Residences Report

Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
Read more

Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
Read more

GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
SiaJai logo

Thailand's Leading Homecare Marketplace