A new report highlights a massive economic opportunity in catering to the needs of the country's rapidly expanding elderly population, identifying key sectors poised for significant growth and calling for policy shifts to harness their potential

Thailand’s elderly population is projected to reach 20.4 million people in 2040, accounting for 31.3% of the total population, according to the director of the Commerce Ministry's Trade Policy and Strategy Office, Poonpong Nainapakorn.