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 [...]
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 [...]
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 [...]
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, [...]
SEOUL, Sept. 27 (Korea Bizwire) – A recent survey revealed that approximately eight out of 10 South Koreans over the age of 65 do not want to live with their children. Even during their old age, 70 percent of the elderly individuals said they were still preparing for their retirement and wanted to enjoy hobbies, travel, [...]
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, [...]
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, 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, 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 [...]
SEOUL, March 15 (Korea Bizwire) – Altough South Korea has a national pension service along with a basic pension for the elderly, the poverty rate among seniors remains high. According to the data from Statistics Korea, the poverty rate among seniors in the country stood at 37.6 percent in 2021, down by 1.3 percentage points from the previous year. [...]