SEOUL, April 14 (Korea Bizwire) — As the process of digitalization builds up speed amidst the spread of contactless services in the pandemic era, more people in their 50s and 60s are using online banking and shopping platforms. The Ministry of Science and ICT conducted a survey of 25,144 households and their 60,305 members over [...]
SEOUL, April 12 (Korea Bizwire) — The number of individuals with Parkinson’s disease in South Korea has been on a constant climb over the past five years. The National Health Insurance Service reported that the number of patients with Parkinson’s disease grew from 96,764 people in 2016 to 111,312 people in 2020, up by 15 [...]
SEOUL, April 6 (Korea Bizwire) — The relative poverty rate of South Korean senior citizens has been on the decline, but is still high among member countries of the Organization for Economic Cooperation and Development (OECD) amid rapid aging, a report showed Wednesday. The relative poverty rate of South Koreans aged 66 or older came [...]
SEOUL, March 30 (Korea Bizwire) — Fewer family interactions in the pandemic era have resulted in a doubling of the risk of depression among seniors, a study showed Tuesday. A research team from the SMG-SNU Boramae Medical Center and Seoul National University Bundang Hospital announced on Tuesday the results of a nationwide cohort survey on [...]
SEOUL, March 9 (Korea Bizwire) — South Korea’s elderly poverty rate, which was once the highest among Organization for Economic Cooperation and Development (OECD) member countries, has slipped to the 30 percent level for the first time. According to Statistics Korea, the nation’s elderly poverty rate for those aged 65 or older on the basis [...]
SEOUL, Feb. 16 (Korea Bizwire) — The Songpa District Office in Seoul said Tuesday that it had joined hands with startup Olulo, the operator of the electric scooters sharing service Kickgoing, to create new jobs for its elderly residents. After signing a business agreement with Olulo in December last year, the district office decided to [...]
SEOUL, Jan. 4 (Korea Bizwire) — Unlike the previous senior generation, today’s seniors over 65 years of age are as adept at using smartphones as younger generations. SK Telecom Co., South Korea’s top wireless carrier, recently analyzed the telecommunications service usage patterns of about 6,500 senior customers. The analysis showed that seniors have ample experience [...]
SEOUL, Dec. 28 (Korea Bizwire) — Major South Korean lender Shinhan Bank has turned its branch in Sillim-dong, southern Seoul into a so-called ‘digital store’ to better accommodate senior customers. The branch focused on setting up automated devices and making it easier for senior customers to use them. The size of the menu button on [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea’s senior investors over 60 years of age are actively investing in foreign stocks as returns in the domestic stock market remain uninspiring. The number of foreign stock accounts held by domestic retail investors stood at around 3.9 million in late October, double the roughly 1.9 million recorded [...]
HONGSEONG, Dec. 1 (Korea Bizwire) — So-called ‘artificial intelligence (AI) care robots’ are stepping up to prevent suicide among vulnerable groups. South Chungcheong Province plans to distribute the robots to 10 households in the southwestern county of Cheongyang, the region with the highest suicide rate in the province. These households include seniors living in a [...]