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 [...]
SEOUL, Nov. 30 (Korea Bizwire) — The government plans to introduce a conditional driver’s license for seniors starting from 2025. To this end, the National Police Agency plans to launch a research and development project for a virtual reality (VR)-based driving suitability evaluation method over the next three years, according to sources. The government set [...]
SEOUL, Nov. 18 (Korea Bizwire) — More than 70 percent of seniors over 60 years of age still work to make an income and live separately from their children, a survey showed Wednesday. The biennial poll released by Statistics Korea showed that 72.5 percent of South Korean seniors picked themselves or their spouse as a [...]
SEOUL, Aug. 9 (Korea Bizwire) — Elderly individuals over 65 years of age who have problems with chewing are about twice as likely to suffer from depression compared to other seniors who don’t have such problems, a study showed Sunday. A joint research team from CHA Bundang Medical Center and Kunsan National University analyzed the [...]