SEOUL, Dec. 31 (Korea Bizwire) — South Korea’s Ministry of Health and Welfare announced on December 30 that starting January 1, all men and women between the ages of 20 and 49 will be eligible for government-subsidized fertility testing up to three times, regardless of their marital status. The initiative marks a significant change from the [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Korea’s Ministry of Land, Infrastructure, and Transport announced plans to increase the priority housing allocation for families with newborns under its special housing supply program for newlyweds. Under new rules, the allocation for such families will rise from 20% to 35%, reflecting a significant shift aimed at addressing [...]
SEOUL, Dec. 5 (Korea Bizwire) — Amid South Korea’s declining birthrate, corporations are stepping up with innovative and generous measures to support employees who choose to have children. From cash incentives to tailored family support policies, the private sector is playing a growing role in addressing the country’s demographic challenges. Buoyed by a groundbreaking policy [...]
SEOUL, Nov. 1 (Korea Bizwire) – Statistics Korea released expanded results from its national census on October 30, revealing significant shifts in the country’s marriage and demographic patterns. According to the census, among 42.94 million South Korean citizens aged 18 and over, 12.68 million (29.5%) have never been married, while 24.32 million (56.6%) are married with [...]
SEOUL, Oct. 23 (Korea Bizwire) — The number of babies born in South Korea increased on-year for the second consecutive month in August, data showed Wednesday, amid lingering demographic challenges caused by the ultra-low birth rate and rapid aging. A total of 20,098 babies were born in August, up 5.9 percent from a year earlier, [...]
SEOUL, Oct. 15 (Korea Bizwire) – Amidst growing concerns over South Korea’s critically low birth rate, a recent survey reveals a significant increase in marriage and childbirth intentions among people in their 20s and 30s, offering a glimmer of hope for the country’s demographic challenges. The Presidential Committee on Ageing Society and Population Policy released the [...]
CHEONGJU, Oct. 15 (Korea Bizwire) – In a significant move to address declining birth rates and support family planning, South Korea’s Ministry of Health and Welfare announced plans to extend egg freezing subsidies nationwide starting next year, building on a pioneering program launched by North Chungcheong Province. Egg freezing, a fertility preservation method that allows women [...]
SEJONG, Oct. 15 (Korea Bizwire) – As South Korea grapples with one of the world’s lowest birth rates, a new study suggests that rising income inequality may be a significant contributing factor, prompting calls for integrated redistribution and birth support policies. The research, presented at a recent fiscal policy forum by Lee Jong Ha, a professor [...]
SEOUL, Oct. 9 (Korea Bizwire) – As South Korea grapples with a plummeting birth rate, a growing number of childcare facilities are finding new purpose as long-term care centers for the elderly, highlighting the country’s dramatic demographic shift. According to data obtained by Representative Jeon Jin-suk of the Democratic Party from 17 provincial and metropolitan governments, [...]
SEOUL, Sept. 23 (Korea Bizwire) — President Yoon Suk Yeol sent a congratulatory gift and letter to the parents of newborn quintuplets Sunday, his office said. The quintuplets — two girls and three boys — were born Friday to parents who work in public education in Dongducheon, 39 kilometers north of Seoul. “It is everyone’s [...]