SEOUL, Jul. 15 (Korea Bizwire) – In the first half of this year, South Korea witnessed an unprecedented increase in workers over 70, highlighting the country’s rapidly aging workforce and sparking debates about extending employment for older citizens. According to data released by Statistics Korea on July 14, the number of employed individuals aged 70 and [...]
SEOUL, Jul. 1 (Korea Bizwire) — South Korea will launch a new ministry of population strategy to address low birth rates and a rapidly aging population, which have emerged as some of the starkest challenges facing the country, officials said Monday. The government unveiled the plan following high-level meetings with the ruling party, saying that [...]
SEOUL, Apr. 30 (Korea Bizwire) – The number of heart attack cases in South Korea jumped by 50% over the past decade, largely fueled by the nation’s rapidly aging demographics, government data showed on Sunday, underscoring the need for greater awareness about preventing and promptly treating cardiovascular diseases. An analysis by the Korea Disease Control and [...]
SEOUL, Apr. 19 (Korea Bizwire) – Faced with a stark decline in birth rates and an aging population exacerbated by an exodus to cities like Seoul, rural towns across South Korea are scrambling to reverse the trend of dwindling populations with a raft of creative policies aimed at luring new residents. The strategies broadly fall into [...]
SEOUL, Apr. 10 (Korea Bizwire) – The number of single-person households in South Korea has surpassed 10 million, driven by rapid aging and a growing trend toward remaining single, prompting the government to explore policies catering to this demographic shift. According to population statistics from the Ministry of Interior and Safety released on April 9, there [...]
SOKCHO, Mar. 1 (Korea Bizwire) – The Sangdomun Village Cherry Blossom Festival in Sokcho, Gangwon Province, will no longer herald the arrival of spring with its breathtaking floral displays. This decision draws a curtain on a beloved 15-year tradition that began in 2009, primarily due to the aging population of local organizers, most of whom are [...]
SEOUL, Feb. 29 (Korea Bizwire) – A recent study has shed light on a concerning trend: individuals with disabilities experience signs of aging significantly earlier than their non-disabled counterparts, often by more than a decade. The research points out that people in their 20s with disabilities exhibit rates of hypertension, sarcopenia, and other age-related conditions similar [...]
SEOUL, Feb. 29 (Korea Bizwire) – LG Health & Household has unveiled findings from a comprehensive study indicating that lips become thinner and lose their red hue as individuals age. The results of the study were published in the January issue of the international journal Skin Research and Technology. The study was conducted by the R&I [...]
SEOUL, Jan. 15 (Korea Bizwire) — As South Korea grapples with an aging population, pharmaceutical companies are increasingly looking at ‘medifood’ as a potential new growth area. Medifood, also known as ‘food for special medical purposes,’ includes beverages and meals specially designed for the elderly or others who require particular nutritional care due to health reasons. On [...]
BUSAN, Jan. 11 (Korea Bizwire) – In Busan, South Korea, individuals over the age of 50 are approaching half of the city’s total population. According to statistics released by Busan Metropolitan City on January 10, as of 2022, this age group comprised 1.53 million people, or 46.5% of the city’s population. The breakdown of this demographic [...]