SEJONG, Feb. 16 (Korea Bizwire) – For the first time, the number of self-employed individuals over the age of 60 in South Korea has surpassed the two million mark. This significant milestone, primarily attributed to a sharp increase in seniors entering the transportation sector, including personal taxi and delivery services, reflects a broader trend of older [...]
BERLIN, Feb. 14 (Korea Bizwire) – A recent feature by a German news outlet highlighted Korea’s burgeoning AI scene, showcasing innovative uses of artificial intelligence across various sectors. The report marveled at the sight of an avatar, crafted with AI assistance, greeting guests at hotel check-ins, easily mistaken for a living person even upon closer inspection. [...]
MUAN, Feb. 6 (Korea Bizwire) – In Seoul, Park Jae-jin (a pseudonym), a professional is his 50s, feels uneasy every time he talks to his mother living alone in Damyang, South Jeolla Province. His mother, despite her advanced age and health issues, including surgeries on both knees and back problems, volunteers to prepare meals for her [...]
SEOUL, Jan. 30 (Korea Bizwire) – A recent analysis has revealed that 80% of individuals living alone are at risk of ‘lonely death’, with one in four to five solo dwellers being classified as in the ‘medium to high-risk’ group. This finding comes from a survey conducted by the Korea Institute for Health and Social Affairs [...]
SEOUL, Jan. 29 (Korea Bizwire) – A recent survey has highlighted that the majority of adults in South Korea are not adequately prepared for the eventual need for elderly care, which becomes necessary due to aging or age-related diseases that hinder daily activities. The Korea Insurance Research Institute (KIRI) conducted a survey among 1,900 adults aged [...]
DANYANG, Jan. 25 (Korea Bizwire) — Artificial Intelligence (AI) care robots have been found to significantly alleviate depression in the elderly, according to a study conducted in Danyang County, North Chungcheong Province. On January 24, Danyang County reported that after distributing AI care robots to 110 solitary seniors aged between 65 and 85 in early October [...]
SEOUL, Jan. 17 (Korea Bizwire) — A recent study has revealed that while most seniors aged 65 to 79 in South Korea use smartphones, over half of them are unable to install or delete applications (apps) by themselves. The research, conducted by a team from the Department of Geriatric Medicine and the Department of Family Medicine at [...]
SEOUL, Jan. 11 (Korea Bizwire) – A recent study by the National Pension Research Institute has uncovered a concerning reality for South Korea’s older population. Nearly half of the individuals over 50 years old find themselves without support in times of sudden financial need. As part of the study, over 6,200 people aged 50 and above [...]
SEOUL, Dec. 29 (Korea Bizwire) – On December 28, the Ministry of Health and Welfare released findings from its inaugural nationwide survey on senior citizens aged 65 and above who engage in waste paper collection as a means of livelihood. The survey disclosed that there are 42,000 such individuals across the country. This marks the first [...]
SEOUL, Dec. 18 (Korea Bizwire) – As South Korea grapples with an aging population, the importance of bone health has come to the forefront, prompting local pharmaceutical and biotech companies to intensify their efforts to develop and market generic osteoporosis treatments. According to industry sources on December 17, the patent for Prolia, an osteoporosis medication developed [...]