HIS Royal Highness Sultan of Perak Sultan Nazrin Muizzuddin Shah said investment in the care sector could deliver wider economic benefits through job creation, higher incomes and economic growth, with every ringgit invested potentially generating broader returns.
Citing an analysis in the Malaysia Care Strategic Framework, Sultan Nazrin said the economic potential of the care sector underscored the need to rethink how the country approached its rapidly ageing population.
“Viewing an ageing population solely through the narrow lens of expenditure means overlooking the significant social and human capital that can be preserved through healthier ageing,” he said.
He said rising life expectancy also had significant economic implications, particularly for healthcare spending, social support systems and household finances. - November 11, 2026
