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From Birth to Boot Camp: South Korea Weighs New Pension Credits to Ease Fiscal Strain

From Birth to Boot Camp: South Korea Weighs New Pension Credits to Ease Fiscal Strain

SEOUL, Aug. 20 (Korea Bizwire) — The South Korean government is considering a major overhaul of how it grants pension credits for childbirth and military service, moving from a system of post-retirement adjustments to upfront support — a change that could save nearly 88 trillion won ($65 billion) in state finances over the long term, [...]

Forest Therapy Proven to Improve Mental Health of Expectant Mothers

Forest Therapy Proven to Improve Mental Health of Expectant Mothers

DAEJEON, Jan. 8 (Korea Bizwire) — A recent study has revealed that forest therapy significantly benefits the mental health of pregnant women and enhances their attachment to their unborn children. The Korea Forest Welfare Institute (KFWI), under the Korea Forest Service, announced on January 17 the results of its Healthy Birth, Happy Family initiative, launched [...]

Korean Companies Boost Generous Incentives to Encourage Births

Korean Companies Boost Generous Incentives to Encourage Births

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 [...]

70 Pct of S. Koreans Believe Couples Can Live Together without Tying the Knot: Survey

70 Pct of S. Koreans Believe Couples Can Live Together without Tying the Knot: Survey

SEOUL, Nov. 12 (Korea Bizwire) – Nearly 7 in 10 South Koreans believe that couples can live together without getting married, and almost 40 percent support having children outside of wedlock, a government report showed Tuesday, signaling a shift in perceptions around marriage and childbearing in the traditionally conservative country. The report was based on [...]

Over Half of South Koreans in Their 30s Remain Unmarried, Census Shows

Over Half of South Koreans in Their 30s Remain Unmarried, Census Shows

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 [...]

Nearly Half of South Koreans Aged 20-49 Reluctant to Have Children, Survey Finds

Nearly Half of South Koreans Aged 20-49 Reluctant to Have Children, Survey Finds

SEOUL, Sept. 2 (Korea Bizwire) — A recent survey has revealed that nearly 43% of South Koreans aged 20 to 49 have no intention of having children, highlighting the persistent demographic challenges facing the country. However, the study also suggests that expanded government policies and corporate support could sway a significant portion of this group to [...]