Thailand’s cabinet has approved a draft law establishing a "retirement lotto" aimed at helping people save money they spend on purchases of tickets, Deputy Finance Minister Paopoom Rojanasakul said on December 3.

Singaporean Minister for Manpower Tan See Leng announced on March 4 that the country’s retirement and re-employment age will be raised to 64 and 69, respectively, on July 1, 2026.

According to International Living, Vietnam’s exceptionally low cost of living is a major incentive for living here. Even in the most expensive cities such as Ho Chi Minh City and Hanoi, two people can live well for less than $1,500 per month.

The draft revision of the Labour Code puts forth two scenarios for increasing retirement age to 60 for women and 62 for men.

The Vietnam Social Security has directed its branches in cities and provinces nationwide to collect compulsory social insurance premiums of foreign employees in the country.

The Bank of Thailand has organised a seminar on financial planning for retirement, to promote financial stability for the country's aging society.

Legislators held group discussions in the morning of March 30 about the retirement of National Assembly Chairman Nguyen Sinh Hung, who also chairs the National Election Council.