SEJONG, April 27 (Korea Bizwire) – The number of childbirths in South Korea fell for the 15th month in a row in February amid a deepening trend of late marriage and a rapidly aging population, a government report showed Wednesday. About 30,600 babies were born in February, down 12.3 percent, or 4,300, from 34,900 tallied a year earlier, according to the data from Statistics Korea. Childbirths have [...]
SEJONG, Feb. 22 (Korea Bizwire) – Childbirths in South Korea dropped to a record low last year despite decade-long efforts to tackle the country’s chronically low birthrate, a report showed Wednesday. The number of babies born in 2016 reached 406,300, down 7.3 percent, or 32,100, from a year earlier, according to the report by Statistics [...]
SEOUL, Jan. 4 (Korea Bizwire) – A rise in home prices tended to lower the birthrate, a trend that existed regardless of whether the economy was good or bad, a report from a local institute said Wednesday. The Korea Institute of Child Care and Education followed the changes in home prices and their correlation to [...]
SEOUL, Dec. 15 (Korea Bizwire) – Lotte Group became the first South Korean conglomerate to make paternity leave mandatory for male employees, marking a significant step forward in changing Korea’s strenuous working culture. The new company policy affects all its affiliates, and obliges male employees to take a minimum of one month of paternity leave [...]
SEOUL, Nov. 23 (Korea Bizwire) – No tax specific to single-person households currently exists in Korea. But a recent study found that various tax benefits provided to married couples with children, mainly as countermeasures to Korea’s low marriage and birth rates, are creating an equally viable effect, imposing higher tax burdens on Korea’s single population. [...]
SEOUL, Nov. 9 (Korea Bizwire) – The number of women of childbearing age has declined by nearly 820,000 over the past 10 years, a phenomenon expected to continue as the low birthrate, which has been falling for decades, takes its toll, a parliamentary report said Wednesday. The population of women aged 15-49, the group that [...]
CHEONGJU, South Korea, Sept. 7 (Korea Bizwire) – Cheongju, despite being the capital and largest city in North Chungcheong Province, has a population of a mere 830,000 citizens. But with a recent verdict that it would need at least 1 million city residents to establish a self-sufficient economic bloc, the city has come up with [...]
SEOUL, July 19 (Korea Bizwire) — Nearly half of married women think of marriage as an option rather than a life’s must, and just as many of them say it is okay to be married and not have children, a survey released on Tuesday said. A poll of 11,009 married women aged 15-49 found that [...]
SEJONG, June 23 (Korea Bizwire) – The number of childbirths in South Korea fell at the fastest clip in more than two years in April on a low birthrate and late marriage trend, government data showed Thursday. About 35,300 babies were born in April, down 7.3 percent, or 2,800, from 38,100 a year earlier, extending [...]
SEOUL, March 11 (Korea Bizwire) – Song Soo-hyun, 39, recently spent 3.5 million won (US$2,900) to have her eggs frozen at a local fertility center so she could still give birth some day in the future when she finds Mr. Right. “Next year, I hit my forties. I chose to freeze my eggs because I [...]