SEOUL, Jan. 6 (Korea Bizwire) — As South Korea enters an aged society, the so-called ‘silver’ industry – denoting products and services targeted to seniors – is expected to grow rapidly. Among them, the food industry is expected to be the most promising. In a report released Sunday, the Korea Institute for Industrial Economics and [...]
SEOUL, Nov. 29 (Korea Bizwire) — A district in Seoul offered milk delivery as an idea to prevent solitary death among senior citizens. Songpa District said Thursday it will launch a milk delivery business next month to help keep an eye on senior citizens. According to the plan, milk will be delivered three times a [...]
SEOUL, Nov. 22 (Korea Bizwire) — One in 10 middle-aged and senior citizens in Korea who live alone or belong to the lowest-income group were found to have no one to rely on for help in the face of a crisis. According to a survey conducted by the National Pension Service of 5,110 households across [...]
SEOUL, Nov. 21 (Korea Bizwire) — The number of elderly people who die prematurely due to the influence of ultrafine dust, or PM 2.5, is expected to surge in the coming years. According to a policy report released Wednesday by the Seoul Institute, the number of people aged 65 or older who die early due [...]
SEOUL, Nov. 6 (Korea Bizwire) — Elderly South Koreans’ medical spending covered by the state health insurance program exceeded the 30-trillion-won (US$25.9 billion) mark to reach a record high in 2018, data showed Wednesday. Medical expenses for people aged 65 and older came to an all-time high of 31.8 trillion won last year, according to [...]
SEOUL, Oct. 31 (Korea Bizwire) — A recent study has revealed that one can measure the risk of cardiovascular disease just by looking at how patients get up from a chair and walk. Researchers at Samsung Medical Center and Seoul National University Hospital International Healthcare Center (IFC) analyzed the test results of 1.08 million senior [...]
SEOUL, Oct. 2 (Korea Bizwire) — The number of elderly South Koreans with mental health issues has risen sharply in recent years as the country scrambles to provide better health care for its citizens, a report showed Wednesday. In a report to the National Assembly, the Health Insurance Review and Assessment Service (HIRA) said that [...]
SEJONG, Sept. 27 (Korea Bizwire) – People aged 65 or older made up about 15 percent of South Korea’s population this year, a report showed Friday, highlighting concerns that the fast-aging demographic transition could pose a drag on the country’s economy. According to the report by Statistics Korea, the number of people aged 65 or [...]
SEOUL, Aug. 19 (Korea Bizwire) — As the heat wave continues, Incheon International Airport is becoming a “hot place” for the elderly. However, these elderly guests are no longer welcome at the airport. While the summer heat reaches its peak with outdoor temperatures soaring over 35 degrees Celsius, the indoor temperature at the airport is [...]
SEOUL, Jul. 24 (Korea Bizwire) — A debate on extending the retirement age is emerging as a major social issue, but even the current 60-year-old age-limit system is not being put to use by most companies. According to a survey of 382 companies conducted by job matching platform, Saramin, only 39.5 percent said they were [...]