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S. Korea Extends Natural Population Fall as Fertility Rate Falls to 0.7

S. Korea Extends Natural Population Fall as Fertility Rate Falls to 0.7

SEOUL, Aug. 30 (Korea Bizwire) — South Korea extended a natural decrease in population in June as the fertility rate hit yet another record low, data showed Wednesday, reflecting the grim demographic trend. Only 18,615 babies were born in June, down 1.6 percent from a year earlier, according to the monthly report from Statistics Korea. [...]

Introducing “Less Lethal” Handguns: Enhancing Police Safety and Accountability

Introducing “Less Lethal” Handguns: Enhancing Police Safety and Accountability

SEOUL, Aug. 29 (Korea Bizwire) — The police have made the decision to provide each local police officer, including those stationed at district and police boxes, with a firearm within a three-year timeframe, according to NPA’s announcement on Tuesday. This initiative includes the issuance of a .38 revolver as well as a low-risk revolver (or [...]

Japanese in S. Korea Caution amid Fukushima Water Release

Japanese in S. Korea Caution amid Fukushima Water Release

SEOUL, Aug. 29 (Korea Bizwire) — After Japan commenced the discharge of contaminated water from the Fukushima nuclear power plant, Japanese individuals staying or visiting South Korea appear to be exercising great caution. The majority of them take the stance of comprehending the concerns of Koreans and having confidence in the Japanese government’s official statements. [...]

Regulators Take Action Against Misleading Cosmetics Ads Making Health Claims

Regulators Take Action Against Misleading Cosmetics Ads Making Health Claims

SEOUL, Aug. 29 (Korea Bizwire) — South Korea’s drug safety ministry said Monday it has asked the Korea Cosmetics Association and the Korea Communications Commission to prevent access to and remove 155 online cosmetics advertisements that make claims about their effectiveness, like aiding with ‘diet’ or ‘body shape maintenance’. The ministry also requested that administrative bodies overseeing [...]

S. Korea’s Infant and Toddler Population Smaller than East Asian Peers

S. Korea’s Infant and Toddler Population Smaller than East Asian Peers

SEOUL, Aug. 28 (Korea Bizwire) — South Korea has a smaller infant and toddler population compared to other East Asian countries, a research institute said Sunday. According to a report from the Korea Insurance Research Institute, Asia’s fourth-largest economy had 1.65 million children aged 0 to 4 as of 2021. If we use Japan’s population as [...]

S. Korea’s Public Pension Spending Falls Short of OECD Norms

S. Korea’s Public Pension Spending Falls Short of OECD Norms

SEOUL, Aug. 28 (Korea Bizwire) — South Korea’s government spending on public pensions, a primary means of addressing senior poverty, is merely half of the expenditure of other countries within the Organization for Economic Cooperation and Development (OECD), a report showed Sunday. According to Pensions at a Glance 2021 published by the Paris-based organization, a [...]