As South Korea Grapples with Low Birth Rates, Childcare Centers Transform into Elderly Care Facilities

SEOUL, Mar. 12 (Korea Bizwire) – In a striking reflection of South Korea’s demographic shifts, numerous kindergartens and childcare centers across the nation are shuttering their doors, succumbing to the dual pressures of plummeting birth rates and an aging population. In response, a growing number of these institutions are pivoting to serve the elderly, transitioning into [...]