By 2030, about one in four citizens in Singapore will be aged 65 and above. The rising burden of caregiving is coming into focus, with the little red dot’s population rapidly ageing.

Just recently, Singapore’s labour movement committed a total of $5.4 million over the next three years to support lower-income union members with caregiving responsibilities at home.

The role of informal caregivers too, is set to become even more critical. According to a recent study by the Centre for Ageing Research and Education, despite the significant time commitment, the monetary value of informal caregiving is often overlooked in eldercare cost estimates, with most studies focusing only on direct healthcare costs.

On this episode of Morning Shot, Associate Professor Rahul Malhotra, Deputy Director of the Centre for Ageing Research and Education at Duke-NUS Medical School shares his insights.

Presented by: Audrey Siek & Emaad Akhtar
Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg)
Photo credits: Gin Tay / ST