SEOUL, Feb. 14 (Korea Bizwire) – Starting this year, every mother who gives birth in Seoul will be eligible to receive a financial assistance of 1 million won. Announced on February 13, the city government has eliminated the requirement of residing in Seoul for at least six months, making the support available to all mothers who [...]
SEOUL, Feb. 6 (Korea Bizwire) – Booyoung Group is launching a groundbreaking initiative to encourage childbirth among its employees by offering 100 million won to those who have children. Additionally, the company has proposed providing permanent rental housing of average size to employees who have three or more children. Chairman Lee Joong-keun announced at the 2024 [...]
SEOUL, Jan. 26 (Korea Bizwire) — In a stark illustration of South Korea’s deepening low birth rate crisis, a growing number of schools are closing their doors. The birth rate has plummeted to an alarming 0.7, sparking fears of a national existential crisis. The situation has become so severe that even the sight of empty cribs [...]
SEOUL, Jan. 3 (Korea Bizwire) — Student enrollment in elementary schools nationwide is expected to drop below 400,000 for the first time this year due to the nation’s rock-bottom birth rate, officials forecast Wednesday, citing data from the education and interior ministries. According to the government data compiled as of Dec. 20, 413,056 children are [...]
INCHEON, Jan. 3 (Korea Bizwire) – On the first day of 2024, a joyous event took place at the Gachon University Gil Hospital: the birth of a healthy baby girl weighing 3.4 kg. The newborn, affectionately nicknamed ‘Horam’, combines the characters ‘Ho’ from her father Choi Ho-kyu (40) and ‘Ram’ from her mother Kim Bo-ram (36). [...]
SEOUL, Dec. 27 (Korea Bizwire) — The number of babies born in South Korea fell to the lowest point for any October to date, data showed Wednesday. A total of 18,904 babies were born in October, down 8.4 percent from a year earlier, according to the data from Statistics Korea. The October tally marks the [...]
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. [...]
SEOUL, July 26 (Korea Bizwire) – South Korea continued to report a natural decrease in population in May amid critically low births, data showed Wednesday, reflecting the alarming demographic challenge of Asia’s No. 4 economy. Only 18,988 babies were born in May, decreasing 5.3 percent from a year earlier, according to the monthly report from [...]
SEOUL, June 28 (Korea Bizwire) — The number of babies born in South Korea hit yet another fresh low in April, data showed Wednesday, further extending the decline in the population of Asia’s fourth-largest economy. Only 18,484 babies were born in April this year, sinking 12.7 percent from a year earlier, according to the monthly [...]
SEOUL, May 30 (Korea Bizwire) — The number of infants born to mothers in their 40s has significantly increased compared to a decade ago, data showed Monday, indicating the growing prevalence of older-age childbirth in the present era characterized by low birth rates. According to data received by Rep. Shin Hyun-young of the Democratic Party [...]