SEJONG, Dec. 26 (Korea Bizwire) — South Korea said Wednesday that it will raise the monthly benefits for paid parental leave from Jan. 1 onward as part of its efforts to boost the country’s chronic low birthrate. The maximum amount of monthly payment for those who take paternity leave will be set at 2.5 million [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korean senior citizens are less satisfied with their lives than other age groups, government data showed Monday, as many cope with poverty compared with younger people. The 2017 data compiled by Statistics Korea showed that people aged 65 and older had 2.87 points on a scale of 1 [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea has changed the graphic warnings on cigarette packs in the latest move to curb smoking, the health ministry said Sunday. In 2016, South Korea required tobacco companies to put the pictorial warnings on the upper part of both sides of cigarette packs as part of anti-smoking campaigns [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea will start checking industrial products as part of efforts to prevent red fire ants from entering the country, the government said Sunday. Quarantine authorities said the Animal and Plant Quarantine Agency and Korea Customs Service (KCS) have teamed up to check containers bringing in industrial goods from [...]
SEOUL, Dec. 21 (Korea Bizwire) — A new study conducted by South Korean researchers has revealed that visceral fat increases the risk of depression among women. Prof. Cho Sung-jun and his team at Seoul National University Hospital studied the relationship between visceral fat and depression by looking into 7,238 patients who received treatment at the [...]
SEOUL, Dec. 19 (Korea Bizwire) — The South Korean government announced plans to achieve a 75 percent employment rate, 78 years of healthy life expectancy and a 10 percent relative poverty rate in a bid to rank South Korea among the world’s top 10 countries for quality of life by 2040, via its social security [...]
SEJONG, Dec. 18 (Korea Bizwire) — More than half of middle-aged South Koreans are in debt, government data showed Tuesday, in the latest sign of growing household debt in Asia’s fourth-largest economy. The data compiled by Statistics Korea showed that 55.2 percent of people, aged between 40 and 64, borrowed money from banks or other [...]
SEOUL, Dec. 13 (Korea Bizwire) – The Ministry of Food and Drug Safety and the Alternative Dispute Resolution (ADR) Center have formed a social consultative body to have a social debate on how to improve genetically modified organism (GMO) labeling and draw a social consensus on the matter. A representative of ADR Center, Kang Young-jin, was [...]
SEOUL, Dec. 12 (Korea Bizwire) — A recent study has revealed that 60 percent of Koreans want to live overseas after retirement. Prudential Life Insurance Co. conducted a survey of 500 men and women living in Seoul and five major cities in South Korea, 60.4 percent of whom said they wanted to live abroad once [...]
SEOUL, Dec. 12 (Korea Bizwire) — The number of youths getting treated for alcohol addiction neared 2,000 last year, doubling from seven years ago, a report said Wednesday. The drinking rate among the young is declining, but the severity of problems from drinking is still heavy, with one out of two youths drinking to dangerous [...]