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Middle-Aged Group Says Parents’ Medical Bills Biggest Financial Burden

Middle-Aged Group Says Parents’ Medical Bills Biggest Financial Burden

SEOUL, May 18 (Korea Bizwire) – Middle-aged South Koreans who live with or support their parents financially feel the heaviest burden when bearing their medical bills, but some saw it as a duty that has to be fulfilled even if means getting loans or giving up on their own savings, a survey said Wednesday.  In [...]

Korea’s Parents’ Day And Its Shadows

Korea’s Parents’ Day And Its Shadows

SEOUL, May 9 (Korea Bizwire) – May 8 was Parents’ Day in Korea. Korean culture has deep roots in Confucianism, and amongst them is filial piety: respecting and honoring one’s parents. However, this long-practiced culture is slowly but surely fading away.  According to KWDI (Korean Women’s Development Institute) statistics regarding children’s support of their parents, [...]