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Hidden Struggles of Elderly Waste Paper Collectors Revealed

Hidden Struggles of Elderly Waste Paper Collectors Revealed

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 [...]

South Korean Pharma Companies Focus on Osteoporosis Treatment Amid Aging Population

South Korean Pharma Companies Focus on Osteoporosis Treatment Amid Aging Population

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 [...]

Workers in Their 50s Take Center Stage in Job Market Shift

Workers in Their 50s Take Center Stage in Job Market Shift

SEOUL, Dec. 7 (Korea Bizwire) – Last year, individuals in their 50s emerged as the most prevalent age group in the workforce, marking the first time this age bracket has been designated as the “most employed” since 2016, when statistics were first recorded.  This shift from the previous trend, where the majority of workers were in [...]

More than Half of Koreans Over 65 Want to Keep Working, Survey Finds

More than Half of Koreans Over 65 Want to Keep Working, Survey Finds

SEOUL, Dec. 4 (Korea Bizwire) – In a recent survey conducted by the Korean Employment Information Service (KEIS), it has been revealed that over 50 percent of individuals aged 65 to 79, who have surpassed the legal retirement age of 60, express a strong desire to continue working. Surprisingly, approximately 1 in 5 of these individuals [...]

Samsung Research Study Reveals Alarming Sleep Disparities Among South Korea’s Elderly

Samsung Research Study Reveals Alarming Sleep Disparities Among South Korea’s Elderly

SEOUL, Oct. 27 (Korea Bizwire) – A recent study conducted by Samsung Research has revealed concerning statistics regarding sleep patterns and quality among the elderly population in South Korea. According to the study’s findings, South Korea ranks at the bottom in terms of both sleep duration and sleep quality among the 17 countries surveyed.  Samsung Research, [...]

South Korean Elderly Poverty Rate Remains High, Even Accounting for Real Estate Assets

South Korean Elderly Poverty Rate Remains High, Even Accounting for Real Estate Assets

SEOUL, Sept. 26 (Korea Bizwire) – A researcher from a renowned national institution has asserted that South Korea’s elderly poverty rate is the highest among major developed countries, even when considering assets in addition to income.  Until now, it has been argued that calculating the elderly poverty rate solely based on income levels is an illusion, [...]

Half of Elderly South Koreans Prioritize Their Own Lives Over Children and Grandchildren

Half of Elderly South Koreans Prioritize Their Own Lives Over Children and Grandchildren

SEOUL, Sept. 25 (Korea Bizwire) – Among apartment residents over the age of 60, close to 50 percent believe their life is more important than that of their children and grandchildren. On Sunday, Focus Media Korea, the operator of Elevator TV, unveiled the results of a survey of 229 elderly individuals over 60 residing in apartment [...]

Seoul to Expand Elderly Health Companion Service to All 25 Districts Next Year

Seoul to Expand Elderly Health Companion Service to All 25 Districts Next Year

SEOUL, Sept. 13 (Korea Bizwire) — The Seoul Metropolitan Government announced on Tuesday that it will expand the ‘Elderly Health Companion Service’ to all 25 of its districts next year. The service is an integrated health management program designed for elderly citizens, bridging the expertise of local hospitals in professional treatment with the health management services offered [...]

Goyang City‘s AI Care Call Service Generates Positive Feedback

Goyang City‘s AI Care Call Service Generates Positive Feedback

GOYANG, July 28 (Korea Bizwire) — The artificial intelligence (AI)-based care call service for elderly individuals living alone, offered by the city government of Goyang, just northwest of Seoul, has received praise from its recipients. A public health center in the Deokyang district in April launched the AI-based Clova Care Call service to prevent accidents [...]